University of Washington Tacoma Budget Presentation May, 2014.
AT A GLANCEcms.cityoftacoma.org/Finance/Budget/2015-2016/... · City of Tacoma, WA | 2015 - 2016...
Transcript of AT A GLANCEcms.cityoftacoma.org/Finance/Budget/2015-2016/... · City of Tacoma, WA | 2015 - 2016...
T H E C I T Y O FTACOMAAT A GLANCE
Tacoma is a mid-sized urban port city with a population of approximately 203,500. The third largest city in the state of Washington, it is a diverse, progressive, international city that serves as a gateway to the Pacific Rim and the rest of the world.
Named one of the most livable areas in the country by Livability.com, Tacoma’s urban core has steadily evolved since the 1990s, and has been propelled by significant developments that include the arrival of the University of Washington Tacoma, State Farm Insurance, the Tacoma Link light rail system, Washington state’s highest density of art and history museums, the restored urban waterfront of the Thea Foss Waterway, and the expansions of the Multicare and Franciscan health systems. In addition, a high-tech industry invigorates the region, and Tacoma Public Utilities has invested more than $100 million in 700 miles of fiber to create Tacoma’s high-speed communications network.
The iconic Tacoma Dome serves as a regional venue for some of the largest names in the entertainment industry. Tacoma is also home to a vibrant, creative community of emerging writers, artists, musicians, photographers, filmmakers, chefs, passionate entrepreneurs, and small business owners who add to the city’s colorful commercial landscape. In addition, Tacoma serves as a base for large companies like State Farm Insurance, BNY Mellon, Columbia Bank and Key Bank. Joint Base Lewis-McChord, the Defense Department’s premiere military installation on the West Coast, is just nine miles south of Tacoma.
Attracting families who have invested in the area for its charming neighborhoods and big city amenities, Tacoma is a magnet for downtown dwellers looking for competitively priced condominiums and apartments with picturesque mountain and water views.
A playground for hikers, runners, bicyclists and maritime enthusiasts, Tacoma is full of activity at every turn that is further accelerated by the young people attending the University of Washington Tacoma, the University of Puget Sound, and local trade and technical colleges. Located just 20 minutes away from the Seattle-Tacoma International Airport and easily accessible from downtown Seattle and other neighboring cities, Tacoma is a city on the rise.
THE CITY OF TACOMA
City of Tacoma, WA | 2015 - 2016 Adopted Budget City of Tacoma, WA | 2015 - 2016 Adopted Budget 2
Tacoma is a mid-sized urban port city with a population of approximately 203,500. The third largest city in the state of Washington, it is a diverse, progressive, international city that serves as a gateway to the Pacific Rim and the rest of the world.
Named one of the most livable areas in the country by Livability.com, Tacoma’s urban core has steadily evolved since the 1990s, and has been propelled by significant developments that include the arrival of the University of Washington Tacoma, State Farm Insurance, the Tacoma Link light rail system, Washington state’s highest density of art and history museums, the restored urban waterfront of the Thea Foss Waterway, and the expansions of the Multicare and Franciscan health systems. In addition, a high-tech industry invigorates the region, and Tacoma Public Utilities has invested more than $100 million in 700 miles of fiber to create Tacoma’s high-speed communications network.
The iconic Tacoma Dome serves as a regional venue for some of the largest names in the entertainment industry. Tacoma is also home to a vibrant, creative community of emerging writers, artists, musicians, photographers, filmmakers, chefs, passionate entrepreneurs, and small business owners who add to the city’s colorful commercial landscape. In addition, Tacoma serves as a base for large companies like State Farm Insurance, BNY Mellon, Columbia Bank and Key Bank. Joint Base Lewis-McChord, the Defense Department’s premiere military installation on the West Coast, is just nine miles south of Tacoma.
Attracting families who have invested in the area for its charming neighborhoods and big city amenities, Tacoma is a magnet for downtown dwellers looking for competitively priced condominiums and apartments with picturesque mountain and water views.
A playground for hikers, runners, bicyclists and maritime enthusiasts, Tacoma is full of activity at every turn that is further accelerated by the young people attending the University of Washington Tacoma, the University of Puget Sound, and local trade and technical colleges. Located just 20 minutes away from the Seattle-Tacoma International Airport and easily accessible from downtown Seattle and other neighboring cities, Tacoma is a city on the rise.
THE CITY OF TACOMA
City of Tacoma, WA | 2015 - 2016 Adopted Budget City of Tacoma, WA | 2015 - 2016 Adopted Budget 3
49.72MILES2
THE CITY OF
TACOMA
Population (2013 Estimate)
203,4463 Rank in Size State of Washington
AT A GLANCE
Sources: U.S. Census Bureau
Sources: U.S. Census Bureau
Major Employers in Pierce County in 2014
TOP10
Joint Base
Lewis-McChord
City of T
acoma
Washington State Higher E
ducation
Fred Meyer S
tores
State Farm In
surance Companies
Pierce County Government
Franciscan Health
System
Washington State Employees
Multicare Health
System
Local Public
School Dist
ricts
(K-12)
66,0
54
13,4
08
6,90
4
6,45
5
5,33
8
2,97
9
2,56
6
2,56
0
2,20
6
2,07
8
Number of Employees
Source: Economic Development Board for Tacoma-Pierce County
Business & OccupationTaxpayers in2013
TOP10
AT&T Mobility
Comcast of Tacoma
Inc.
US Oil Trading
LLC
Puget Sound
Energy Inc.
Qwest Corporation
T-Mobile West
Corporation
Sprint PCS
St. Joseph Hospital
Verizon Wireless
Multicare Health System
Sources: U.S. Census Bureau
Hispanic or Latino Two or More RacesNative Hawaiian and Other Pacific Islander
AsianAmerican Indian and Alaska Native Black or African AmericanWhite
60.6% 10.9% 8.2% 10.7% 7.2%1.3% 1.2%
POPULATIONDIVERSITY
EDUCATION ATTAINMENTIN TACOMA
88.0%HIGH SCHOOL DEGREEOR HIGHER
24.7%BACHELOR'S DEGREEOR HIGHER
Source: City of Tacoma Tax and License
City of Tacoma, WA | 2015 - 2016 Adopted Budget City of Tacoma, WA | 2015 - 2016 Adopted Budget 4
49.72MILES2
THE CITY OF
TACOMA
Population (2013 Estimate)
203,4463 Rank in Size State of Washington
AT A GLANCE
Sources: U.S. Census Bureau
Sources: U.S. Census Bureau
Major Employers in Pierce County in 2014
TOP10
Joint Base
Lewis-McChord
City of T
acoma
Washington State Higher E
ducation
Fred Meyer S
tores
State Farm In
surance Companies
Pierce County Government
Franciscan Health
System
Washington State Employees
Multicare Health
System
Local Public
School Dist
ricts
(K-12)
66,0
54
13,4
08
6,90
4
6,45
5
5,33
8
2,97
9
2,56
6
2,56
0
2,20
6
2,07
8
Number of Employees
Source: Economic Development Board for Tacoma-Pierce County
Business & OccupationTaxpayers in2013
TOP10
AT&T Mobility
Comcast of Tacoma
Inc.
US Oil Trading
LLC
Puget Sound
Energy Inc.
Qwest Corporation
T-Mobile West
Corporation
Sprint PCS
St. Joseph Hospital
Verizon Wireless
Multicare Health System
St. Joseph Hospital
Sources: U.S. Census Bureau
Hispanic or Latino Two or More RacesNative Hawaiian and Other Pacific Islander
AsianAmerican Indian and Alaska Native Black or African AmericanWhite
60.6% 10.9% 8.2% 10.7% 7.2%1.3% 1.2%
POPULATIONDIVERSITY
EDUCATION ATTAINMENTIN TACOMA
88.0%HIGH SCHOOL DEGREEOR HIGHER
24.7%BACHELOR'S DEGREEOR HIGHER
Source: City of Tacoma Tax and License
City of Tacoma, WA | 2015 - 2016 Adopted Budget City of Tacoma, WA | 2015 - 2016 Adopted Budget 5
SALES & USE TAXCURRENT
State
City of Tacoma
Sound Transit
Pierce Transit
County Criminal Justice
Juvenile DetentionCity Mental Health andChemical Dependency
Metro Parks
South Sound 911 Total 9.50%Source: Washington State Department of Revenue
0 $5,000,000 $10,000,000 $15,000,000 $20,000,000 $25,000,000 $30,000,000 $35,000,000 $40,000,000
All OtherInformationWholesale Trade
Accommodations& Food
ConstructionRetail Trade
2013
2012
SALES TAXBY SECTOR
17.6 4.6 3.6 2.4 1.3 6.4
18.4 5 3.7 2.5 1.4 7
PROPERTYTAXESRATES
0 1 2 3 4 5 6 7 8
2014 Rate
2013 Rate
Flood Control District
Port of Tacoma
EMS
Metropolitan Parks
Pierce County
State of Washington
City of Tacoma
Tacoma School District #10
Dollar per $1,000 of assessed value
to Tax Rates
COMPARING
HOUSEVALUES
2012 2013
Value of average residentialhome in Tacoma $160,249 $165,844
$17.51 $17.17
Tax Rate (per $
1,000)
Source: Pierce County Assessor Treasurer Residential Revaluation Report (Residential Average Value)
6.5%
1.0%
0.90%
0.60%
0.10%
0.10%
0.10%
0.10%
0.10%
- ’s
City of Tacoma, WA | 2015 - 2016 Adopted Budget City of Tacoma, WA | 2015 - 2016 Adopted Budget 6
SALES & USE TAXCURRENT
State
City of Tacoma
Sound Transit
Pierce Transit
County Criminal Justice
Juvenile DetentionCity Mental Health andChemical Dependency
Metro Parks
South Sound 911 Total 9.50%Source: Washington State Department of Revenue
0 $5,000,000 $10,000,000 $15,000,000 $20,000,000 $25,000,000 $30,000,000 $35,000,000 $40,000,000
All OtherInformationWholesale Trade
Accommodations& Food
ConstructionRetail Trade
2013
2012
SALES TAXBY SECTOR
17.6 4.6 3.6 2.4 1.3 6.4
18.4 5 3.7 2.5 1.4 7
PROPERTYTAXESRATES
0 1 2 3 4 5 6 7 8
2014 Rate
2013 Rate
Flood Control District
Port of Tacoma
EMS
Metropolitan Parks
Pierce County
State of Washington
City of Tacoma
Tacoma School District #10
Dollar per $1,000 of assessed value
to Tax Rates
COMPARING
HOUSEVALUES
2012 2013
Value of average residentialhome in Tacoma $160,249 $165,844
$17.51 $17.17
Tax Rate (per $
1,000)
Source: Pierce County Assessor Treasurer Residential Revaluation Report (Residential Average Value)
6.5%
1.0%
0.90%
0.60%
0.10%
0.10%
0.10%
0.10%
0.10%
- ’s
City of Tacoma, WA | 2015 - 2016 Adopted Budget City of Tacoma, WA | 2015 - 2016 Adopted Budget 7
City of Tacoma, WA | 2015 - 2016 Adopted Budget City of Tacoma, WA | 2015 - 2016 Adopted Budget
UTILITIES INFORMATION
Residential Customers Served54,387 Commercial Customers Served4,480 Number of
Surface Water Customers
70,414Number of Wastewater Customers
61,214 Total (lane) Miles of Arterial Streets
857
1,366 MILES OFWATER MAINS
91,530 5,687
TACOMAWATER
TACOMAPOWER
TACOMARAIL
Total Customers97,217
Total Customers152,633
RESIDENTIALCOMMERCIAL/INDUSTRIAL
63% 37%
Tacoma City Limits
INSIDE OUTSIDE
91,530 5,687RESIDENTIAL
COMMERCIAL/INDUSTRIAL
54% 46%
Tacoma City Limits
INSIDE OUTSIDE
318,400 total people served
435,000 total people served
2,341 MILESOF TRANSMISSION & DISTRIBUTION LINES
204 MILES OF TRACK
138,000
Freight shipmentsper year.
SOLID WASTE
8
City of Tacoma, WA | 2015 - 2016 Adopted Budget City of Tacoma, WA | 2015 - 2016 Adopted Budget
UTILITIES INFORMATION
Residential Customers Served54,387 Commercial Customers Served4,480 Number of
Surface Water Customers
70,414Number of Wastewater Customers
61,214 Total (lane) Miles of Arterial Streets
857
1,366 MILES OFWATER MAINS
91,530 5,687
TACOMAWATER
TACOMAPOWER
TACOMARAIL
Total Customers97,217
Total Customers152,633
RESIDENTIALCOMMERCIAL/INDUSTRIAL
63% 37%
Tacoma City Limits
INSIDE OUTSIDE
91,530 5,687RESIDENTIAL
COMMERCIAL/INDUSTRIAL
54% 46%
Tacoma City Limits
INSIDE OUTSIDE
318,400 total people served
435,000 total people served
2,341 MILESOF TRANSMISSION & DISTRIBUTION LINES
204 MILES OF TRACK
138,000
Freight shipmentsper year.
SOLID WASTE
9