Finance

Finance Graphic

The Finance Department administers the City’s budgeting and auditing procedures and facilitates timely and accurate financial reporting to assist with decision making and compliance with City, State, and other applicable laws. Its purpose is to safeguard public assets and its staff aims to provide professional, knowledgeable, and courteous customer service.

Pay Your Utility Bill
All Utility accounts are billed at the end of each month for all services and payments are due by the 20th of the following month.

Utility Information
The City of Port Townsend takes pride in operating and maintaining its state of the art water and sewer treatment facilities and complex stormwater drainage system. The City bills customers for water, wastewater and storm drainage, though account services may vary based on property location and meter size.

Business Licensing
All persons/businesses who engage in any business within city limits must obtain a State of Washington and City of Port Townsend business license prior to commencing business activities.

Business And Occupation Taxes
The City of Port Townsend has three categories for Business & Occupation (B&O) tax filing based on their annual gross revenue.

Financial Reports And Documents
The City of Port Townsend is audited annually by the Washington State Auditor’s Office. According the State Auditor’s Office, the audit’s purpose is to “assure users of governmental financial statements that those statements are fairly presented," and to provide users with “an independent basis for relying upon management’s assertions concerning the government’s financial position, results of operations and cash flows.”

City Budget
The City of Port Townsend strives for long-term financial sustainability to enable essential services to be provided without disruption. The budget sets the level of spending for all City funds for the entire year. Each fund has corresponding revenue sources with restrictions on spending from both state law and City Council policy. The City’s annual budget process allows the public to weigh in on the City’s priorities through a series of public hearings and meetings, including the City Council’s decision to levy property tax increases.  Learn more about the budget process on the Engage PT Budget page and Engage PT Financial Sustainability page.  Read the City Manager's letter to the Community in the 2024 City Budget, and view highlights of the budget in our 2024 Budget in Brief.

Fees and Charges
The City assesses certain fees and charges related to utilities and business licenses.

Surplus
The City of Port Townsend uses the online auction service offered by Public Surplus, to facilitate the auction of its surplus equipment. Public Surplus is a free service to the City and is used by government entities across the country to efficiently and fairly dispose of items of value that are no longer in use. These items may include vehicles, computer equipment, electronics, and many other items.