The Finance Department serves the City of Newcastle by providing the accounting, budgeting, and financial management support which is key to the daily operations and long term decision-making for the city. Our responsibilities include:

  • Assisting the City Manager and City Council in development of annual budgets
  •  Forecasting revenue and expenditures for financial planning
  •  Monitoring actual revenue and expenditures vs. adopted budgets
  •  Accounts payable and receivable and payroll
  •  Serving as the liaison with the Office of the State Auditor
  • Managing the city's fund balances and investments
  •  Business licensing and registration of solicitors and alarm monitoring companies

2023 Preliminary Budget

The 2023 Preliminary Budget is part of the budget development and next step towards a final adopted budget.   On October 18, 2022, the City Council will hold a public hearing and receive public comment and will consider the input as part of the budget process as outlined in the budget calendar.  The City Council will deliberate on the 2023 preliminary budget as part of the budget development process at a Budget workshop held October 22, 2022.  On November 1, 2022, the city council will hold a second public hearing on revenue sources and property tax and adopt an ordinance setting the property tax levy rate.  A third hearing is required which is the City Council’s last step in finalizing the budget or “2023 Adopted Budget.”   There will be a link to this final step after the 2023 adoption of the budget. 

Budget Retreat for Fiscal Year 2023 to be held August 27, 2022

On Saturday, August 27, 2022 City Council will meet with selected staff to begin the budget process for fiscal year 2023. The aim of this budget retreat is twofold: to review the six-year revenue forecast and its underlying assumptions, and evaluate an early overview of the 2023 budget. The budget retreat opens the initial dialogue for the following year's budget, and is intended to foster a collaborative approach to the overall budget process, in which the earnest dedication of both Councilmembers and City staff help ensure the City's best interests.



City of Newcastle Honored for 2021 Budget Presentation

The City of Newcastle’s Finance Department received the Distinguished Budget Presentation Award from the Government Finance Officers Association of the United States and Canada (GFOA) again! This award reflects the commitment of the city and staff to meeting the highest principles of governmental budgeting.

The Finance Department staff is dedicated to providing a full accounting of tax dollars. The annual budget serves as an important tool in managing the city's finances.


Where Do Our Sales Taxes Go?

Have you ever wondered exactly where your sales taxes go, or why your jurisdiction’s rate differs from others? The Municipal Research and Services Center offers tips, tools and information about all things sales taxes. Learn more here.

Photo of Finance Director
Contact Information

Don Palmer
Finance Director
Email


12835 Newcastle Way, Suite 200 
Newcastle, WA 98056   

T  425.649.4444
F  425.649.4363

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