TL;DR (generated · confidence: high)

The Citywide Obligations Reserve Fund is a city reserve that finances contingency and citywide obligations through intergovernmental revenues and internal fund transfers. The FY 2025-26 proposed budget allocates $56.6M in total resources with a $36.8M contingency reserve, and proposes to fully deploy the fund (ending balance $0).

Key points (each cites a PDF page):

Total resources of $56.6M for FY 2025-26 proposed, consisting of $7.8M external revenues and $11.2M internal revenues, plus $37.6M beginning fund balance (p. 321 ↗)
Contingency allocation of $36.8M in FY 2025-26 proposed budget, the largest fund expenditure (p. 321 ↗)
Ending fund balance proposed at $0 for FY 2025-26, fully deploying the reserve (p. 321 ↗)
Bureau expenditures of $11.2M (personnel services $688K, materials and services $9.9M) (p. 321 ↗)
External revenues primarily from intergovernmental sources ($7.3M) with miscellaneous revenues of $448K (p. 321 ↗)

Amounts: $56.6M · $36.8M · $11.2M · $7.8M · $37.6M · Programs: Citywide Obligations Reserve Fund

Citywide Obligations Reserve Fund

Source: PDF pp. 321-322 ↗ · raw: 321 · 322

Breadcrumb: City Funds > Citywide Obligations Reserve Fund

	Actuals FY 2022-23	Actuals FY 2023-24	Revised FY 2024-25	Requested FY 2025-26	Proposed FY 2025-26
Resources
External Revenues
Intergovernmental	6,973,771	17,333,570	7,482,177	7,341,320	7,341,320
Miscellaneous	335,559	726,108	413,000	448,375	448,375
External Revenues Total	7,309,330	18,059,679	7,895,177	7,789,695	7,789,695
Internal Revenues
Fund Transfers - Revenue	12,238,769	7,772,302	19,676,050	10,991,950	8,315,127
Interagency Revenue	2,261,262	2,312,134	6,912,622	2,862,772	2,862,772
Internal Revenues Total	14,500,031	10,084,436	26,588,672	13,854,722	11,177,899
Beginning Fund Balance	10,037,506	16,118,624	23,149,776	37,721,959	37,594,159
Resources Total	31,846,866	44,262,739	57,633,625	59,366,376	56,561,753
Requirements
Bureau Expenditures
Personnel Services	0	0	716,000	688,000	688,000
External Materials and Services	6,698,628	(108,098)	1,290,500	599,567	599,918
Internal Materials and Services	0	9,404,624	9,188,845	9,878,183	9,877,832
Bureau Expenditures Total	6,698,628	9,296,526	11,195,345	11,165,750	11,165,750
Fund Expenditures
Contingency	0	0	35,894,811	39,930,494	36,755,595
Fund Transfers - Expense	9,029,612	4,944,509	10,543,469	8,270,132	8,640,408
Fund Expenditures Total	9,029,612	4,944,509	46,438,280	48,200,626	45,396,003
Ending Fund Balance	16,118,624	30,021,704	0	0	0
Requirements Total	31,846,864	44,262,739	57,633,625	59,366,376	56,561,753

City of Portland, Oregon - FY 2025-26 Proposed Budget 317

Parent: City Funds · PDF: pp. 321-322 ↗