Budget

Developing the budget is one of four continuous steps in TVWD's financial management process. We invite you to take a closer look to our approach of investing every dollar to make your water system safe, reliable and affordable.

Budget Process and Schedule

TVWD's Budget process includes the following steps:

• The Budget Committee begins their work early every other spring by learning about TVWD's capital projects and water system operations, its overall financial condition and outlook, and key policy that form the basis of the upcoming requested budget.
• Staff prepares materials for Budget Committee review and feedback. TVWD staff asks the Budget Committee to consider the requested appropriations, asks questions and provide input.
• The Budget Committee holds a public hearing to receive questions and comments from anyone wishing to testify on the Proposed Budget as presented by the District's Budget Officer.
• The Budget Committee takes formal action by approving the budget and recommending the budget for adoption by the TVWD Board of Commissioners.
• The Board of Commissioners holds a public hearing on the Approved Budget.
• The Board of Commissioners adopts the District's budget during their regular Board Meeting in June every other year.

2023 Budget Schedule

Tualatin Valley Water District biennial (2023-2025) budget process began with a budget tour on Tuesday, April 11, 2023. The proposed budget was reviewed by the citizen budget committee in two workshops:

• Budget Workshop #1: Tuesday, April 18, 2023
• Budget Workshop #2: Tuesday, May 9, 2023

The final two meetings of the budget process, to hold a hearing and the formal adoption process, were:

• Budget Committee Meeting: Wednesday, May 31, 2023
• Board Meeting/Budget Adoption: Wednesday, June 21, 2023