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.

Submit a question or comment via an online form

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Upcoming Community Meetings

TPU Customer Listening Session

Date: Thursday, May 26, 2022
Format: In person at TPU or virtual via Zoom – click here for details.
Details: Provide feedback, ask questions and learn about our rate making process.

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.

Upcoming Presentations

May 25, 2022: Budget Supplemental Briefing – Asset Management/Capital Planning – Public Utility Board Meeting

Past Presentations

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

Rate Making Principles

  • Date: May 3, 2022
  • City of Tacoma Government Performance and Finance Committee
  • Video Recording

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

2021-2022 Outreach Process

Neighborhood Council Meetings

Other Community Meetings

City Council Meetings

  • Sept. 30 – Presentation to City of Tacoma Government Performance and Finance committee on TPU preliminary rate proposals
  • Oct. 6 – Joint City Council/Public Utility Board study session for review of TPU-wide preliminary budget and rate proposals
  • Nov. 17 – First reading of TPU’s budget and rates ordinance(s) by Tacoma Mayor and City Council
  • Nov. 24 – Scheduled adoption of TPU’s budget and rates ordinance(s) by Tacoma Mayor and City Council

Tacoma City Council meeting agendas, materials and video recordings can be found here.

Tacoma Public Utility Board

  • August 26 – Public Utility Board reviews Tacoma Power budget and rates proposal
  • Sept. 9 –  Public Utility Board reviews Tacoma Rail and Tacoma Water budget and rates proposal
  • Sept. 23 – TPU budget and rates overview/public hearing
  • Oct. 14 – Public Utility Board first reading of budget and rates ordinance(s)
  • Oct. 28 – Public Utility Board consideration and scheduled adoption of TPU budget and rates ordinance(s)
  • Nov. 6 – Public Utility Board special meeting – consideration and scheduled adoption of TPU budget and rates ordinance(s)

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

2021-2022 Budget & Rate Presentations

Tacoma Power and Tacoma Water staff prepare and present 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.

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