Tacoma to Host Business Loan Fund Workshop

In-Person Workshop on October 22 for Local Businesses on the City’s Revolving Loan Fund Process — Thu, 08 Oct 2026 16:30:38 +0000
On October 22, from 1 – 3 p.m. at the Tacoma Public Library’s Main Branch (1102 Tacoma Ave. S), the City of Tacoma will host an in-person workshop for local businesses seeking to understand and navigate the City’s Revolving Loan Fund process. Participants can expect to get: A comprehensive look at eligibility and an overview of micro and gap loan programs, which are designed to assist businesses that may face barriers with traditional commercial financing Step-by-step guidance on the loan application process Practical instruction on preparing essential financial documents, including income statements General financing insights applicable beyond City-specific programs Space is limited and advanced registration is encouraged. Details are available at makeittacoma.com/events . Questions or requests to receive information in an alternate format can be directed to Dierdre Patterson in the City’s Community & Economic Development Department at [email protected] or (253) 591-5621. The post In-Person Workshop on October 22 for Local Businesses on the City’s Revolving Loan Fund Process appeared first on City of Tacoma .
Source: https://tacoma.gov/news/in-person-workshop-on-october-22-for-local-businesses-on-the-citys-revolving-loan-fund-process/

City of Tacoma’s Proposed Biennial Budget Focuses on Everyday Services and Fiscal Sustainability — Tue, 06 Oct 2026 19:40:53 +0000
The City of Tacoma’s proposed 2027–2028 Biennial Budget, a $5.3 billion spending plan that addresses a $40 million structural deficit in the $696 million General Fund, prioritizes the services that residents rely on most every day in Tacoma. For several decades, the cost of providing City services has increased at a higher rate than the revenues collected to pay for those services. The “Roadmap to Recovery” — a proactive, multi-year strategy to protect core services, balance the budget, and secure Tacoma’s long-term fiscal health — veers away from reliance on temporary solutions to address the ongoing impacts of compounding macroeconomic pressures on municipal operations. “This proposed biennial budget makes meaningful progress, but it does not complete the ‘Roadmap to Recovery’ and additional work will be required over the next several years,” said City Manager Hyun Kim. “We must address the underlying growth rates of revenues and expenses, modernize service-delivery models, strengthen the City’s workforce, maintain and improve critical infrastructure, and respond to emerging community needs. We will monitor implementation, report transparently on results, and adjust responsibly as financial and operational conditions change.” Supporting Community Safety and Compassionate Crisis Care Community safety makes up $424.7 million, or 60.9%, of proposed General Fund spending. The proposed biennial budget is designed to help ensure the right
Source: https://tacoma.gov/news/city-of-tacomas-proposed-biennial-budget-focuses-on-everyday-services-and-fiscal-sustainability/

Homicide Investigation Update — Tue, 06 Oct 2026 17:20:38 +0000
At approximately 12:23 a.m. on August 27, 2026, Tacoma Police responded to a local area hospital after being notified that a victim suffering from a gunshot wound had arrived by personal vehicle. A short time later, officers were notified that the victim had died as a result of their injuries. Detectives and Crime Scene Technicians responded to investigate the incident as a homicide. Over the course of the investigation, detectives determined the shooting occurred in the 1600 block of E 68 th St. Through further investigation, detectives developed probable cause to arrest a 21-year-old male in connection with the homicide. On October 2, 2026, the FBI Violent Crime Task Force in Atlanta, GA located and arrested the suspect. He is expected to be transferred back to Pier