City Administrator. .
Fund Summaries > City Administrator. . -- 37 pages · pp. 1010-1046 ↗
Intro from pp. 1010-1011 ↗
City of Portland Fiscal Year 2026-27 Proposed Budget City Administrator Funds 2024-25 Actuals 2023-24 Actuals 2025-26 Revised Budget 2026-27 Proposed Sumner-Parkrose-Argay- $0 $0 $625,000 $188 Columbia TIF Debt Service 82nd Ave Area TIF District $0 $0 $975,000 $8,879,619 Debt Service 82nd Ave/Division NPI $0 $19,962 $0 $0 Debt Service Fund Assessment Collection $94,695 $89,826 $93,645 $101,245 Fund Bancroft Bond Interest and $25,827,780 $26,475,597 $33,490,372 $11,626,660 Sinking Fund Bonded Debt Interest and $34,149,087 $33,400,156 $32,974,980 $31,108,750 Sinking Fund Central East Corridor TIF $0 $0 $210,000 $0 District Debt Service Central Eastside Ind. $918,680 $3,611,193 $0 $0 District Debt Service Fund Convention and Tourism $23,815,773 $24,202,721 $23,432,000 $23,448,958 Fund Convention Center Area $0 $4,205,095 $0 $0 Debt Service Fund Cully Tax Increment Fin $1,222,322 $144,507 $2,575,600 $3,905,000 Dist Debt Svc East 205 TIF District Debt $0 $0 $1,575,000 $568,643 Service Gateway URA Debt $12,531,971 $12,176,370 $12,481,050 $12,485,000 Redemption Fund Governmental Bond $5,789,131 $10,352,637 $14,997,734 $14,148,176 Redemption Fund Insurance and Claims $47,373,808 $46,186,967 $48,062,761 $44,144,691 Operating Fund Interstate Corridor Debt $2,977,227 $31,820,431 $0 $0 Service Fund Lents Town Center URA $13,486,648 $26,681,267 $0 $0 Debt Redemption Fund Lloyd-Holladay TIF District $0 $0 $325,000 $0 Debt Service Local Improvement District $12,182,387 $9,921,752 $53,454,306 $18,096,861 Fund North Macadam URA Debt $30,433,235 $29,257,662 $29,325,000 $4,400,000 Redemption Fund Pension Debt Redemption $7,384,669 $7,032,157 $7,523,088 $7,819,009 Fund South Park Blocks $0 $2,894,403 $0 $0 Redemption Fund 1010
City of Portland Fiscal Year 2026-27 Proposed Budget 2024-25 Actuals 2023-24 Actuals 2025-26 Revised Budget 2026-27 Proposed Special Finance and $80,893,057 $116,479,666 $145,756,105 $78,623,921 Resource Fund Special Projects Debt $12,084,972 $7,902,025 $12,395,363 $12,476,224 Service Fund Waterfront Renewal Bond $0 $2,769,957 $0 $0 Sinking Fund West Side TIF District Debt $0 $0 $450,000 $0 Service Workers' Comp. Self $17,568,868 $18,094,181 $17,111,431 $17,986,479 Insurance Operating Fund Grand Total $328,734,311 $413,718,530 $437,833,435 $289,819,424 1011
Contents
| Section | PDF pages | Description |
|---|---|---|
| [doc] 82nd Ave Area TIF District Debt | p. 1012 ↗ | City Administrator> 82nd Ave Area TIF District Debt 82nd Ave Area TIF District Debt Fund Summary 2024-25 Actuals 2023-24 Actuals 2025-26 Revised Budget 2026-27 Proposed Expense $0 $0 $975,000 $8,879,619 Fund Expense $0 $0 $975,000… |
| [doc] 82nd Ave/Division NPI Debt Service Fund | p. 1013 ↗ | City Administrator> 82nd Ave/Division NPI Debt Service Fund 82nd Ave/Division NPI Debt Service Fund Fund Summary 2024-25 Actuals 2023-24 Actuals 2025-26 Revised Budget 2026-27 Proposed Expense $0 $19,962 $0 $0 Bureau Expense $0 $19,962 $0… |
| [doc] Assessment Collection Fund | p. 1014 ↗ | The Assessment Collection Fund, managed by the City Administrator's Revenue Division, pays off outstanding liens and purchases lien-delinquent properties to protect the City's financial interests. FY 2026-27 proposes $101,245 in expenses (up from $93,645), with $3,250 in external revenues and $97,995 in internal revenues. The fund is largely inactive but City Charter authorizes bond replenishment up to $1.5 million. |
| [doc] Bancroft Bond Interest and Sinking Fund | p. 1015 ↗ | The Bancroft Bond Interest and Sinking Fund finances property-owner-requested public infrastructure improvements through bond proceeds and assessments. FY 2026-27 proposed expense drops 65% to $11.6M from the revised 2025-26 budget of $33.5M, primarily due to reduced debt service reserves declining from $24.6M to $8.1M. Debt service (principal and interest) is budgeted at $3.5M. No significant changes are noted. |
| [doc] Bonded Debt Interest and Sinking Fund | p. 1016 ↗ | This fund manages Portland's bonded debt interest and sinking fund obligations. The 2026-27 proposed budget totals $31.1M in expenses, down from $33.0M in 2025-26 revised. Debt service comprises $30.1M, funded primarily by tax revenues ($29.3M) and internal fund balance ($1.7M). The ending fund balance is maintained at $1.0M. |
| [doc] Central East Corridor TIF Debt Service | p. 1017 ↗ | City Administrator> Central East Corridor TIF Debt Service Central East Corridor TIF Debt Service Fund Summary 2024-25 Actuals 2023-24 Actuals 2025-26 Revised Budget 2026-27 Proposed Expense $0 $0 $210,000 $0 Fund Expense $0 $0 $210,000 $0… |
| [doc] Central Eastside Ind. District Debt Service Fund | p. 1018 ↗ | City Administrator> Central Eastside Ind. District Debt Service Fund Central Eastside Ind. District Debt Service Fund Fund Summary 2024-25 Actuals 2023-24 Actuals 2025-26 Revised Budget 2026-27 Proposed Expense $918,680 $3,611,193 $0 $0… |
| [doc] Convention and Tourism Fund | pp. 1019-1020 ↗ | The Convention and Tourism Fund, managed by the Revenue Division, is financed by a 1% transient lodging tax on hotels, motels, bed-and-breakfasts, and short-term rentals, supplemented by a 2% Portland Tourism Improvement District assessment created in 2012. The City contracts with Travel Portland for promotion and convention procurement. FY 2026-27 projected expenses are $23.4M with no significant changes from the prior year. |
| [doc] Convention Center Area Debt Service Fund | p. 1021 ↗ | City Administrator> Convention Center Area Debt Service Fund Convention Center Area Debt Service Fund Fund Summary 2024-25 Actuals 2023-24 Actuals 2025-26 Revised Budget 2026-27 Proposed Expense $0 $4,205,095 $0 $0 Bureau Expense $0… |
| [doc] Cully Blvd. NPI Debt Service Fund | p. 1022 ↗ | City Administrator> Cully Blvd. NPI Debt Service Fund Cully Blvd. NPI Debt Service Fund Fund Summary 2024-25 Actuals 2023-24 Actuals 2025-26 Revised Budget 2026-27 Proposed Revenue $0 $0 $0 $0 Internal Revenues $0 $0 $0 $0 Beginning Fund… |
| [doc] Cully Tax Increment Fin Dist Debt Svc | p. 1023 ↗ | City Administrator> Cully Tax Increment Fin Dist Debt Svc Cully Tax Increment Fin Dist Debt Svc Fund Summary 2024-25 Actuals 2023-24 Actuals 2025-26 Revised Budget 2026-27 Proposed Expense $1,222,322 $144,507 $2,575,600 $3,905,000 Fund… |
| [doc] Division-Midway NPI Debt Service Fund | p. 1024 ↗ | City Administrator> Division-Midway NPI Debt Service Fund Division-Midway NPI Debt Service Fund Fund Summary 2024-25 Actuals 2023-24 Actuals 2025-26 Revised Budget 2026-27 Proposed Revenue $0 $0 $0 $0 Internal Revenues $0 $0 $0 $0… |
| [doc] East 205 TIF District Debt Service | p. 1025 ↗ | City Administrator> East 205 TIF District Debt Service East 205 TIF District Debt Service Fund Summary 2024-25 Actuals 2023-24 Actuals 2025-26 Revised Budget 2026-27 Proposed Expense $0 $0 $1,575,000 $568,643 Fund Expense $0 $0 $1,575,000… |
| [doc] Gateway URA Debt Redemption Fund | p. 1026 ↗ | Gateway URA Debt Redemption Fund manages debt service for Portland's Gateway Urban Renewal Area. The 2026-27 proposed budget is $12.485M, primarily for debt service ($8.741M) with $3.744M allocated to debt service reserves. Revenue sources include $8.34M in taxes, $25K in miscellaneous revenue, and $4.12M from the beginning fund balance. Unlike actuals in 2023-24 and 2024-25, the proposed budget shows zero ending fund balance. |
| [doc] Governmental Bond Redemption Fund | p. 1027 ↗ | The Governmental Bond Redemption Fund manages debt service payments for the City. The 2026-27 proposed budget is $14,148,176, representing a decrease from the 2025-26 revised budget of $14,997,734. The fund is entirely supported by internal revenues with no external revenue sources or fund balance. |
| [doc] Insurance and Claims Operating Fund | pp. 1028-1029 ↗ | The Insurance and Claims Operating Fund manages Portland's tort, general liability, fleet liability claims, self-insurance program, and commercial insurance portfolios. The 2026-27 proposed budget is $44.1M, down from $48.1M (2025-26 revised). Reserves are maintained at 80% confidence level based on actuarial studies, with five-year smoothing of interagency rates to stabilize fluctuations. Risk management expanded core activities to include risk assessments and collaborative loss prevention. |
| [doc] Interstate Corridor Debt Service Fund | p. 1030 ↗ | City Administrator> Interstate Corridor Debt Service Fund Interstate Corridor Debt Service Fund Fund Summary 2024-25 Actuals 2023-24 Actuals 2025-26 Revised Budget 2026-27 Proposed Expense $2,977,227 $31,820,431 $0 $0 Bureau Expense… |
| [doc] Lents Town Center URA Debt Redemption Fund | p. 1031 ↗ | City Administrator> Lents Town Center URA Debt Redemption Fund Lents Town Center URA Debt Redemption Fund Fund Summary 2024-25 Actuals 2023-24 Actuals 2025-26 Revised Budget 2026-27 Proposed Expense $13,486,648 $26,681,267 $0 $0 Bureau… |
| [doc] Lloyd-Holladay TIF District Debt Service | p. 1032 ↗ | City Administrator> Lloyd-Holladay TIF District Debt Service Lloyd-Holladay TIF District Debt Service Fund Summary 2024-25 Actuals 2023-24 Actuals 2025-26 Revised Budget 2026-27 Proposed Expense $0 $0 $325,000 $0 Fund Expense $0 $0… |
| [doc] Local Improvement District Fund | pp. 1033-1034 ↗ | The Local Improvement District (LID) Construction Fund, managed by the Revenue Division, finances local infrastructure improvements including streets, sidewalks, and storm drainage. The FY 2026-27 proposed budget totals $18.1M in both expenses and revenues, with no significant changes from the prior year. Bond and note proceeds of $12.3M and external revenues of $16.2M fund the program. |
| [doc] North Macadam URA Debt Redemption Fund | p. 1035 ↗ | The North Macadam URA Debt Redemption Fund undergoes major restructuring in FY 2026-27, with total expenses declining 85% from $29.3M to $4.4M. Debt service drops completely from $25.7M to $0, and expense focus shifts to bureau operations. All reserves are projected to be exhausted by year-end. |
| [doc] Pension Debt Redemption Fund | p. 1036 ↗ | The Pension Debt Redemption Fund finances debt service on pension obligations for the City of Portland. The 2026-27 proposed budget totals $7,819,009 in expenses, with $7,709,759 dedicated to debt service payments. Revenue comes from external sources ($1,283,834) and internal fund transfers ($6,435,175). The fund projects zero ending balance in 2026-27. |
| [doc] River District URA Debt Redemption Fund | p. 1037 ↗ | City Administrator> River District URA Debt Redemption Fund River District URA Debt Redemption Fund Fund Summary 2024-25 Actuals 2023-24 Actuals 2025-26 Revised Budget 2026-27 Proposed Revenue $0 $0 $0 $0 Internal Revenues $0 $0 $0 $0… |
| [doc] Rosewood NPI Debt Service Fund | p. 1038 ↗ | City Administrator> Rosewood NPI Debt Service Fund Rosewood NPI Debt Service Fund Fund Summary 2024-25 Actuals 2023-24 Actuals 2025-26 Revised Budget 2026-27 Proposed Revenue $0 $0 $0 $0 Internal Revenues $0 $0 $0 $0 Beginning Fund $0 $0… |
| [doc] South Park Blocks Redemption Fund | p. 1039 ↗ | City Administrator> South Park Blocks Redemption Fund South Park Blocks Redemption Fund Fund Summary 2024-25 Actuals 2023-24 Actuals 2025-26 Revised Budget 2026-27 Proposed Expense $0 $2,894,403 $0 $0 Bureau Expense $0 $2,894,403 $0 $0… |
| [doc] Special Finance and Resource Fund | p. 1040 ↗ | The Special Finance and Resource Fund shows a significant 46% decrease in total expenses from $145.8M (2025-26 revised) to $78.6M (2026-27 proposed). Contingency funding drops from $70.9M to $18.4M, while external revenues and bond proceeds plummet from $117.7M to $9.2M. Internal revenues increase to $69.4M. Beginning fund balance grows to $69.4M with ending balance returning to $0. |
| [doc] Special Projects Debt Service Fund | p. 1041 ↗ | The Special Projects Debt Service Fund manages $12.4M in debt service obligations for the 2026-27 proposed budget. External revenues from intergovernmental sources ($12.1M) and miscellaneous sources ($420K) fund the debt service expenditures. The fund projects zero ending balance with revenues matching expenses. |
| [doc] Sumner-Parkrose-Argay-Columbia TIF Debt | p. 1042 ↗ | City Administrator> Sumner-Parkrose-Argay-Columbia TIF Debt Sumner-Parkrose-Argay-Columbia TIF Debt Fund Summary 2024-25 Actuals 2023-24 Actuals 2025-26 Revised Budget 2026-27 Proposed Expense $0 $0 $625,000 $188 Fund Expense $0 $0… |
| [doc] Waterfront Renewal Bond Sinking Fund | p. 1043 ↗ | City Administrator> Waterfront Renewal Bond Sinking Fund Waterfront Renewal Bond Sinking Fund Fund Summary 2024-25 Actuals 2023-24 Actuals 2025-26 Revised Budget 2026-27 Proposed Expense $0 $2,769,957 $0 $0 Bureau Expense $0 $2,769,957 $0… |
| [doc] Westside TIF District Debt Service | p. 1044 ↗ | City Administrator> Westside TIF District Debt Service Westside TIF District Debt Service Fund Summary 2024-25 Actuals 2023-24 Actuals 2025-26 Revised Budget 2026-27 Proposed Expense $0 $0 $450,000 $0 Fund Expense $0 $0 $450,000 $0 Debt… |
| [doc] Workers' Comp. Self Insurance Operating Fund | pp. 1045-1046 ↗ | The Workers' Compensation Self Insurance Operating Fund supports the City's self-insured workers' compensation program, funding claims administration and loss prevention. The 2026-27 proposed budget is $17.99M in total expense, with $10.13M in fund expense and $9.81M contingency. Reserves are maintained at a 75% confidence level using discounted calculations. A permanent full-time Claims Technician was added to manage increasing complex and severe claims. Interagency revenues are projected using five-year smoothing to stabilize annual rate fluctuations. |
See also
- Parent: Fund Summaries
- Source PDF: FY-2026-27-Proposed-Budget.pdf ↗ · open at pp. 1010-1046 ↗
- Raw extracted pages:
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