TL;DR (generated · confidence: high)

The Cully Tax Increment Financing District Debt Service Fund projects $2.6M in resources for FY 2025-26, driven by tax increment revenues of $2.6M. All resources are allocated to debt service with zero ending fund balance.

Key points (each cites a PDF page):

Tax revenues projected at $2,575,100 in FY 2025-26, up from $1,300,100 in FY 2024-25 (p. 329 ↗)
Total resources of $2,575,600 in FY 2025-26 (97% from taxes, 0.02% from miscellaneous) (p. 329 ↗)
Entire resource amount ($2,575,600) allocated to debt service requirements (p. 329 ↗)
Projected ending fund balance of $0 in FY 2025-26 (p. 329 ↗)
Fund resources nearly doubled from FY 2024-25 ($1.3M) to FY 2025-26 ($2.6M) (p. 329 ↗)

Amounts: $2,575,100 · $2,575,600 · $500 · Programs: Cully Tax Increment Financing District · Parties: Community & Economic Development Service Area

Cully Tax Increment Financing District Debt Service Fund

Source: PDF p. 329 ↗ · raw: 329

Breadcrumb: Community & Economic Development Service Area Funds > Cully Tax Increment Financing District Debt Service Fund

	Actuals FY 2022-23	Actuals FY 2023-24	Revised FY 2024-25	Requested FY 2025-26	Proposed FY 2025-26
Resources
External Revenues
Taxes	0	149,406	1,300,100	2,000,100	2,575,100
Miscellaneous	0	2,141	500	500	500
External Revenues Total	0	151,547	1,300,600	2,000,600	2,575,600
Beginning Fund Balance
Resources Total	0	151,547	1,300,600	2,000,600	2,575,600
Requirements
Fund Expenditures
Debt Service	0	144,507	1,300,600	2,000,600	2,575,600
Fund Expenditures Total	0	144,507	1,300,600	2,000,600	2,575,600
Ending Fund Balance	0	7,040	0	0	0
Requirements Total	0	151,547	1,300,600	2,000,600	2,575,600

City of Portland, Oregon - FY 2025-26 Proposed Budget 325

Parent: Community & Economic Development Service Area Funds · PDF: p. 329 ↗