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Budget Overview

Budget Overview -- 8 pages · pp. 20-27 ↗

Intro from p. 20 ↗

City of Portland Fiscal Year 2026-27 Proposed Budget Budget Overview A Guide to the Budget Overview The City of Portland (the City) budget document for FY 2026-27serves as a fiscal, programmatic, and policy information guide. The document is organized to provide Citywide information at levels of increasing detail. Within the budget document, the City’s budget decisions and financial information are presented from a variety of perspectives. There is special emphasis on the General Fund as it contains the discretionary resources available to the City, resources that can be allocated to any City program. Summary financial tables are located in the Financial Summaries section of this document. 20

Contents

Section PDF pages Description
[doc] Goals and Strategies pp. 21-23 ↗ Portland's fiscal 2026-27 budget reflects a vision of a beautiful, safe, clean city with a healthy economy and strong communities. The city adopted six core values in 2020: Anti-Racism, Equity, Transparency, Communication, Collaboration, and Fiscal Responsibility. Five strategic goal areas guide city investments: ensuring safe communities, promoting economic vitality, improving quality of life, protecting the environment, and operating efficient municipal services. Performance management strategies—measurement, evaluation, and process improvement—track whether investments achieve intended outcomes for residents.
[doc] Budget Summary p. 24 ↗ Portland's FY 2026-27 proposed budget totals $8.5 billion (4.0% decrease from FY 2025-26), with a net budget of $6.6 billion after eliminating intracity transfers. General Fund discretionary resources are $742.5 million, derived from property taxes, utility and business license fees, transient lodging taxes, and state shared revenues. The City distinguishes between discretionary and nondiscretionary resources, and one-time versus ongoing resources, with policy prohibiting one-time funds from supporting ongoing expenses.
[doc] Budget Process pp. 25-27 ↗ This section explains Oregon's Local Budget Law (Chapter 294) governing Portland's budget process and the roles of the Budget Officer and Budget Committee. It describes public involvement mechanisms, including the transition from Budget Advisory Committees to new engagement models aligning with the city's reorganized government structure. The section covers the four stages of budget approval: committee review, public testimony, adoption before July 1st, and post-adoption amendments via the Technical Adjustment Ordinance.

See also