Budget & Finance Committee August 22 2025

The Tumwater, WA City Government Budget & Finance Committee met on August 22, 2025, to review the monthly financial update and discuss procurement-related matters. The finance director presented detailed budget-to-actual revenue and expenditure reports across various funds, including sales tax, public safety sales tax, property tax, utilities, and parks. The committee noted some lag in sales tax revenue but highlighted positive trends in public safety sales tax and B&O tax collections. They also discussed the impact of new businesses on future revenues and ongoing capital projects affecting utility funds. Additionally, the committee reviewed and unanimously approved placing the updated Intergovernmental Cooperative Purchasing Agreement with National Purchasing Partners on the September 2, 2025, city council consent calendar. This agreement facilitates cooperative purchasing to leverage collective buying power, with only minor updates to contact information and terms.