TL;DR (generated · confidence: high)

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.

Key points (each cites a PDF page):

FY 2026-27 total taxes to be levied: $868,475,813 (p. 76 ↗)
FY 2026-27 General Fund fixed tax rate levy subject to $10 limit: $398,920,234 (p. 76 ↗)
FY 2026-27 Levy for Pension & Disability Obligations: $279,235,522 (p. 76 ↗)
FY 2026-27 estimated Measure 50 levy compression: $86,018,692 (p. 76 ↗)
FY 2026-27 Children's Local Option Levy: $123,890,699 (p. 76 ↗)
FY 2026-27 total budget requirements: $1,600,630,839 (p. 76 ↗)
FY 2025-26 total taxes to be levied: $765,341,918 (comparison year) (p. 77 ↗)
Year-over-year levy increase: $103.1M (2026-27 vs 2025-26) (p. 77 ↗)

Amounts: $868,475,813 · $398,920,234 · $279,235,522 · $123,890,699 · $86,018,692 · $1,600,630,839 · $765,341,918 · $30,801,933 · Programs: Measure 5 · Measure 47/50 · Local Option Operating Tax · Local Option Capital Construction Tax · Levy for Pension & Disability Obligations · Levy for Bonded Indebtedness · Parties: City of Portland · General Fund · Fire & Police · Parks & Disability & Retirement

Tax Levy Computation

Source: PDF pp. 76-77 ↗ · raw: 76 · 77

Breadcrumb: Financial Summaries > Tax Levy Computation

City of Portland Fiscal Year 2026-27 Proposed Budget Tax Levy Computation Table 6, Tax Levy Computation, outlines City property tax levy calculations. It includes Measure 5 and Measure 47/50 tax base, operating property tax revenues, and general obligation bond debt service property tax revenues. The table states total requirements for each tax-supported fund less nontax revenues, which leaves the amount the fund receives in current year tax revenues. This amount is then factored up for delinquencies and any applicable Measure 5 and 50 losses. The result is a certified property tax levy for each fund. Fiscal Year 2026-27 Taxes to Be Levied Fire & Police Disability & Parks Local Children's Local Total General Fund Bonded Debt Retirement Option Levy Option Levy Total Budget Requirements $1,600,630,839 $1,090,047,326 $31,108,750 $354,502,332 $91,187,951 $33,784,480 Less: Budgeted Resources, Except Taxes to Be Levied $857,251,200 $731,439,530 $1,850,000 $103,553,369 $9,977,598 $10,430,703 Equals: Taxes Necessary To Balance $743,379,639 $358,607,796 $29,258,750 $250,948,963 $81,210,353 $23,353,777 Add: Taxes Estimated Not to Be Received due to Delinquency & Discount $39,077,481 $18,823,083 $1,543,183 $13,207,840 $4,274,229 $1,229,146 Equals: Estimated (Measure 50) Levy Receivable $782,457,120 $377,430,879 $30,801,933 $264,156,803 $85,484,582 $24,582,923 Add: Estimated Measure 50 Levy Compression $86,018,692 $21,489,355 $0 $15,078,718 $38,406,117 $11,044,502 Taxes to Be Levied $868,475,813 $398,920,234 $30,801,933 $279,235,522 $123,890,699 $35,627,425 Legal Basis of Taxes to Be Levied Fire & Police Children's Disability & Parks Local Local Option Total General Fund Bonded Debt Retirement Option Levy Levy Fixed Tax Rate Levy-Subject to $10 Limit $398,920,234 $398,920,234 $0 $0 $0 $0 Local Option Operating Tax $156,863,323 $0 $0 $0 $121,235,898 $35,627,425 Local Option Capital Construction Tax $2,654,801 $0 $0 $0 $2,654,801 $0 Levy for Gap Bonds $0 $0 $0 $0 $0 $0 Levy for Pension & Disability Obligations $279,235,522 $0 $0 $279,235,522 $0 $0 Levy for Bonded Indebtedness $30,801,933 $0 $30,801,933 $0 $0 $0 Taxes To Be Levied $868,475,813 $398,920,234 $30,801,933 $279,235,522 $123,890,699 $35,627,425 Fiscal Year 2025-26 Taxes to Be Levied 76

City of Portland Fiscal Year 2026-27 Proposed Budget Fire & Police Disability & Parks Local Children's Local Total General Fund Bonded Debt Retirement Option Levy Option Levy Total Budget Requirements $1,551,104,072 $1,110,446,433 $32,974,980 $304,269,063 $74,255,599 $29,157,997 Less: Budgeted Resources, Except Taxes to Be Levied $881,301,325 $766,579,771 $1,150,000 $76,859,331 $29,884,155 $6,828,068 Equals: Taxes Necessary To Balance $669,802,747 $343,866,662 $31,824,980 $227,409,732 $44,371,444 $22,329,929 Add: Taxes Estimated Not to Be Received due to Delinquency & Discount $35,828,469 $18,098,245 $1,745,674 $12,473,952 $2,335,339 $1,175,259 Equals: Estimated (Measure 50) Levy Receivable $705,631,216 $361,964,908 $33,570,654 $239,883,684 $46,706,783 $23,505,188 Add: Estimated Measure 50 Levy Compression $59,710,702 $17,889,720 $0 $11,730,137 $20,017,193 $10,073,652 Taxes to Be Levied $765,341,918 $379,854,627 $33,570,654 $251,613,821 $66,723,975 $33,578,841 Legal Basis of Taxes to Be Levied Fire & Police Children's Disability & Parks Local Local Option Total General Fund Bonded Debt Retirement Option Levy Levy Fixed Tax Rate Levy-Subject to $10 Limit $480,157,443 $379,854,627 $0 $0 $66,723,975 $33,578,841 Local Option Operating Tax $0 $0 $0 $0 $0 $0 Local Option Capital Construction Tax $0 $0 $0 $0 $0 $0 Levy for Gap Bonds $251,613,821 $0 $0 $251,613,821 $0 $0 Levy for Pension & Disability Obligations $33,570,654 $0 $33,570,654 $0 $0 $0 Levy for Bonded Indebtedness $0 $0 $0 $0 $0 $0 Taxes To Be Levied $765,341,918 $379,854,627 $33,570,654 $251,613,821 $66,723,975 $33,578,841 77

Parent: Financial Summaries · PDF: pp. 76-77 ↗