Bancroft Bond Interest and Sinking Fund

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Breadcrumb: Fund Summaries > City Administrator. . > Bancroft Bond Interest and Sinking Fund

City of Portland Fiscal Year 2026-27 Proposed Budget City Administrator> Bancroft Bond Interest and Sinking Fund Bancroft Bond Interest and Sinking Fund Fund Summary 2024-25 Actuals 2023-24 Actuals 2025-26 Revised Budget 2026-27 Proposed Expense $25,827,780 $26,475,597 $33,490,372 $11,626,660 Fund Expense $8,827,325 $5,384,445 $33,490,372 $11,626,660 Debt Service $5,571,875 $5,384,445 $6,600,000 $3,500,000 Debt Service $0 $0 $24,590,372 $8,126,660 Reserves Fund Transfers - $3,255,450 $0 $2,300,000 $0 Expense Unappropriated $17,000,455 $21,091,152 $0 $0 Ending Fund Balance $17,000,455 $21,091,152 $0 $0 Revenue $25,827,777 $26,475,599 $33,490,372 $11,626,660 External Revenues $4,736,625 $7,310,525 $4,300,000 $4,600,000 Miscellaneous $4,736,625 $7,310,525 $4,300,000 $4,600,000 Internal Revenues $21,091,152 $19,165,074 $29,190,372 $7,026,660 Beginning Fund $21,091,152 $19,165,074 $29,190,372 $7,026,660 Balance Fund Overview The Bancroft Bond Interest and Sinking Fund matches revenues and expenditures for the financing of public infrastructure improvements that property owners have requested. This fund accounts for the source and allocation of bond proceeds, and to pay principal, interest, and bond costs on outstanding debt provided to finance the improvement assessments Managing Agency Revenue Division Significant Changes from Prior Year There were no significant changes for FY 2026-27. 1015

Parent: City Administrator. . · PDF: p. 1015 ↗