About the Office
The Office of Management & Budget (OMB) assists the City by providing fiscal planning, analysis, and management services to enable the City organization to deliver effective and efficient services. OMB provides oversight and management of the City’s budget with a focus on communication, accuracy and transparency. The office also coordinates the preparation of the City’s Operating Budget and Capital Facilities Plan as well as develop and compile performance measurement information.
Budget Development and Monitoring
The main work of the Office of Management & Budget centers on Budget Development and Monitoring. OMB coordinates the biennial budget for the City, including preparing monthly and quarterly financial reports, developing the six-year financial forecast report, and creating, in consultation with stakeholders, the proposed and adopted budget documents. In a parallel process, the Office of Management & Budget coordinates the creation of the City’s Capital Facilities Program and manages the development of the proposed and adopted capital budget. Beyond budgetary tasks, the Office also provides analytical support to all City departments.
2025-2026 Biennial Budget Development
Our 2025-2026 Biennial Budget development process is an opportunity for us, as a community, to come together to meet pressing community needs with a focus on establishing long-term, sustainable solutions.
Click HERE to find out the latest on the 2025–2026 Biennial Budget Development Process.
City Council Adopts 2023-2024 Biennial Budget on November 22, 2022
On November 22, 2022, the City Council spoke with a unified voice in adopting the 2023-2024 biennial budget. Public safety and affordable housing form the core of the budget, enhancing Tacoma’s livability with innovations and investments to address these critical needs.
In the adopted budget, there are zero budget cuts in public safety, affordable housing and homelessness programs, and instead the City focuses additional resources and innovations to these critical areas. The budget enhances livability, reaffirms the City’s dedication to anti-racist systems transformation, adds resources for health and safety, and represents a unified Council vision for the biennium.
“We must continue to work together to leverage our unique community and innovative partnerships to bring new possibilities to Tacoma, and achieve our Destiny as the safest, most livable city in the nation,” Mayor Victoria Woodards said.
View the Adopted 2023-2024 Biennial Budget Book
To learn more about the process, visit the 2023-24 Biennial Budget Development web page or for more about the adopted budget, read the news release.
Follow the links below to dig into deeper detail on the City's Financial Reports and tracking reports on budget initiatives and performance management.
Monthly Financial Dashboard
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