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Financial Summaries

Financial Summaries -- 67 pages · pp. 29-95 ↗

Intro from p. 29 ↗

City of Portland Fiscal Year 2026-27 Proposed Budget Financial Summaries The Financial Summaries section contains a variety of tables intended to help the reader view the budget as a whole, and includes consolidated budget figures across all the City’s funds and bureaus. The tables in this section only include the City’s General Fund funding for Prosper Portland, which is a semi-autonomous agency that operates under City charter but is budgeted separately and has other funding sources. 29

Contents

Section PDF pages Description
[doc] Resources and Requirements - Total City Budget pp. 30-31 ↗ Table 1 presents the City's total budget for FY 2026-27, broken down by major revenue and expense classes. Resources total $8.50B, including $4.17B in external revenues, $923.8M in bond proceeds, and $1.2B in charges for services. Requirements total $8.50B, with bureau expenses of $4.42B, capital outlay of $903.9M, and contingency reserves of $1.64B.
[doc] Appropriation Schedule pp. 32-41 ↗ The Appropriation Schedule (Table 2) is a legally required summary of FY 2026-27 budgeted expenditures by bureau and fund. Total appropriations of $8.12 billion are divided into bureau program expenses ($4.42B), interfund cash transfers ($1.64B), contingency ($506M), and debt service ($1.55B). Major appropriations include Water Bureau ($1.84B), Environmental Services ($1.55B), Transportation ($585M), Police ($320M), and Fire & Rescue ($216M).
[doc] Summary of Program Expenses by Fund pp. 42-57 ↗ The City of Portland's FY 2026-27 proposed budget totals $4.42 billion in expenditures across all funds. Public Works dominates spending at $2.03 billion (46%), followed by City Operations ($822M) and Public Safety ($611M). Major bureaus include Water Bureau ($748M), Community & Economic Development ($638M), and Fire & Police Disability & Retirement ($259M). Spending breaks down as: personnel $1.44B, internal materials/services $1.56B, external materials/services $521M, and capital outlay $904M. Total resources available ($8.5B) exceed spending, funded by taxes, service charges, transfers, and reserves.
[doc] Summary of Resources by Fund pp. 58-66 ↗ Table 4 presents FY 2026-27 resources distributed across 30+ city funds by revenue source: property/lodging taxes, external revenue, intracity transfers, and beginning balances. The city's total budgeted resources are $8.5 billion, with Public Works ($4.76B) and Water Bureau ($2.10B) receiving the largest allocations. Fund resources vary from general appropriations to specialized debt service and enterprise funds supporting specific city services and obligations.
[doc] Total Resources/Requirements by Fiscal Year pp. 67-75 ↗ Table 5 presents the City of Portland's total budget resources and requirements across four fiscal years, from 2023-24 actuals through the 2026-27 proposed budget. The Grand Total ranges from $7.1B to $8.5B, with major allocations to Public Works ($4.8B), Water Bureau ($2.1B), Community & Economic Development ($1.2B), and Public Safety ($620M). The table disaggregates budgets by bureau and funding source across General Fund, Grants Fund, PDX Clean Energy Community Benefits, and various debt/capital funds.
[doc] Tax Levy Computation pp. 76-77 ↗ The section presents Portland's property tax levy calculations for FY 2026-27, converting total budget requirements of $1.60B into certified tax levies of $868.5M through adjustments for Measure 50 compression, delinquencies, and discounts. The levy is allocated across General Fund operations ($398.9M), bonded debt service ($30.8M), pension and disability obligations ($279.2M), and local option levies totaling $159.5M. A comparison shows 2026-27 levy is $103M higher than 2025-26.
[doc] Urban Renewal Certification pp. 78-79 ↗ Urban Renewal Certification for FY 2026-27 shows estimated tax increment collections for Portland's urban renewal districts. Five permanent rate TIF districts are active with total estimated increment values of approximately $12.8 million. Gateway Regional Center shows $8.3 million in standard rate collections. Most other plan categories (Option One, Option Three, Other Reduced Rate) show no applicable plans.
[doc] Summary of Authorized Positions pp. 80-81 ↗ Table 8 summarizes authorized FTE positions across Portland city bureaus for FY 2026-27. The city authorizes 7,118.1 total FTEs, including regular full-time, part-time, and limited-term positions (excluding temporary part-time). Major departments include Public Works (3,005.7 FTE), Public Safety (2,248.7 FTE), City Operations (764.0 FTE), and Community & Economic Development (598.3 FTE).
[doc] Resources and Requirements - General Fund pp. 82-84 ↗ The General Fund resources total $1.179 billion for FY2026-27, with major revenue sources including taxes ($391.5M), licenses and permits ($334.6M), and fund transfers ($208.2M). The beginning fund balance has declined sharply to $4.3M from $137.7M in FY2023-24. Major budget allocations include Public Safety ($555.9M), City Administrator ($235M), and Public Works ($198.3M), with notable reductions in the Portland Housing Bureau budget.
[doc] Operating and Capital Budget pp. 85-94 ↗ Table 10 presents the City of Portland's Operating and Capital Budget for FY 2026-27 Proposed versus FY 2025-26 Revised, organized by bureau and fund. The total budget shows capital expenditures of $1.13 billion and operating expenditures of $3.84 billion for FY 2026-27, compared to FY 2025-26 capital of $904 million and operating of $3.52 billion. Major allocations include Public Works ($2.22 billion), Water Bureau ($858 million), Portland Police Bureau ($321 million), and Fire & Police Disability & Retirement ($241 million).
[doc] Capital Budget p. 95 ↗ The FY 2026-27 Proposed Capital Budget totals $903.9M, a 20% reduction from the 2025-26 Revised Budget of $1,133.4M. Public Works dominates allocations at $813.9M (90% of total), with Water Bureau ($531.3M) and Transportation ($111.4M) as largest subcomponents. Significant reductions occur in City Operations (down to $65.9M) and Community & Economic Development (down to $11.9M), while Public Safety increases modestly to $12.2M.

See also