2023-2024 Rate and Budget Process

Our staff hosts outreach events to provide an opportunity for members of the community to learn more about how the budget process works and hear about rate adjustments before they go into effect. We’ll update this page as meetings are scheduled and presentations become available.

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Budget & Rate Presentations

Tacoma Power and Tacoma Water staff have begun preparing and presenting  budget and rates research and background to the Public Utility Board. For more information on what projects are planned and how costs are managed, see the presentations below. The presentations are listed in the order of newest to oldest.

Public Utility Board meeting agendas, materials and video recordings can also be found here.

Public Utility Board, City Council, and other Policymaker Meetings
Upcoming Presentations

September 28, 2022 – Power & Water Preliminary Budget Review
Public Utility Board Meeting

September 28, 2022 – Public Comment Opportunity on Preliminary Budgets
Public Utility Board Meeting

October 4, 2022 – TPU Budget and Rates Proposal Prior to Council Consideration
Government Performance and Finance Committee Meeting

October 11, 2022 – TPU Budget and Rates Proposal 
Joint Study Session

October 12, 2022 – Public Utility Board Consideration of TPU Preliminary Budget and Rates
Public Utility Board Meeting

October 26, 2022 – Final Public Utility Board Consideration of TPU Preliminary Budget and Rates
Public Utility Board Meeting

November 15, 2022 – City Council First Reading of City-Wide Budget
City Council Meeting

November 22, 2022 – City Council Second Reading of City-Wide Budget 
City Council Meeting

Past Presentations

TPU Update on Preliminary Budget/Rates

  • Date: September 20, 2022
  • Government Performance and Finance Committee

Customer Services and Rail Preliminary Budgets

Environmental Services Preliminary Budget

Study Session: Tacoma Water Budget, Long Range Financial Plan, Cost of Service Analysis, and Rates

TPU Customer Outreach

Study Session: Budget and Rates Outreach; Tacoma Power Cost of Service Analysis, Rates

TPU Utility Burden/Customer Assistance

Rail Rates/Revenue

TPU Fixed/Variable Rate Design

TPU Financial Policies & Strategic Directions

TPU Customer Listening Session

  • Date: May 26, 2022

Budget Supplemental Briefing – Asset Management/Capital Planning

Power Budget Overview and Power Long Range Financial Plan and Revenue Requirements

Rate Making Principles

TPU, Rail, Water & Customer Service Budget Preview

Study Session: Budget Supplemental Briefing: Staffing Levels/Full-Time Equivalent Employees

Power Long Range Financial Plan 

Budget and Rates Workshop

Water Long Range Financial Plan

Power Long Range Financial Plan

Water Long Range Financial Plan

Join TPU and Environmental Services outreach teams at one of the many neighborhood and community events to hear more about the budget and rates process and ask questions.

Neighborhood and Community Meetings
Upcoming Presentations

City of Lakewood City Council Study Session

  • Date/Time: Monday, Sept. 26, 2022 at 7 p.m.
  • Format: In-person at 6000 Main Street SW, Lakewood
Past Presentations

Central Neighborhood Council Meeting

  • Date/Time: Thursday, Sept. 1, 2022 at 7 p.m.
  • Format: Virtual

Black Collective

  • Date/Time: Saturday, Sept. 3 at 8:30 a.m.
  • Format: Virtual

City of University Place City Council Meeting

  • Date/Time: Tuesday, Sept. 6, 2022 at 6:30 p.m.
  • Format: In-person at 3609 Market Place West, 3rd Fl, University Place

South End Neighborhood Council Meeting

  • Date/Time: Tuesday, Sept. 6, 2022 at 7 p.m.
  • Format: Virtual

Asia Pacific Cultural Center

  • Date/Time: Friday, Sept. 9, 2022 at 9:30 a.m.
  • Format: In-person at 4851 South Tacoma Way
Past Presentations

Metro Parks Tacoma Park District Study Session

  • Date/Time: Monday, Sept. 12, 2022 at 6 p.m.
  • Format: In-person at 4702 S 19th St, Tacoma

Northeast Neighborhood Council Meeting

  • Date/Time: Thursday Sept. 15, 2022 at 6 p.m.
  • Format: Virtual

City of Fircrest City Council Study Session

  • Date/Time: Monday, Sept. 19, 2022 at 6 p.m.
  • Format: In-person at 115 Ramsdell St, Fircrest

Eastside Neighborhood Council Meeting

  • Date/Time: Monday, Sept. 19, 2022 at 6:30 p.m.
  • Format: Virtual

Pierce County Council Study Session

  • Date/Time: Tuesday, Sept. 20, 2022 at noon
  • Format: In-person at 930 Tacoma Avenue S, Room 1045, Tacoma

City of Fife City Council Study Session

  • Date/Time: Tuesday, Sept. 20, 2022 at 6 p.m.
  • Format: In-person at 5411 -23rd St E, Fife

West End Neighborhood Council Meeting

  • Date/Time: Wednesday, Sept. 21, 2022 at 6:30 p.m.
  • Format: Virtual
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