TL;DR (generated · confidence: high)

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.

Key points (each cites a PDF page):

2026-27 total fund expense is $7,819,009, representing an increase from $7,523,088 in 2025-26 revised budget (p. 1036 ↗)
Debt service payments of $7,709,759 comprise the primary expense in 2026-27, with $109,250 allocated to debt service reserves (p. 1036 ↗)
External revenues contribute $1,283,834 (miscellaneous) to fund operations in 2026-27 (p. 1036 ↗)
Internal fund transfers of $6,435,175 provide the majority of revenue in 2026-27 (p. 1036 ↗)
Fund expenses have grown 11.2% over four years, from $7,032,157 in 2023-24 actuals to $7,819,009 in 2026-27 proposed (p. 1036 ↗)
Ending fund balance is projected at $0 for 2026-27, compared to $256,300 in 2024-25 actuals (p. 1036 ↗)

Amounts: $7,819,009 · $7,709,759 · $109,250 · $1,283,834 · $6,435,175 · $7,523,088 · $7,384,669 · $7,032,157 · Programs: Pension Debt Redemption Fund · Debt Service · Parties: City Administrator · City of Portland

Pension Debt Redemption Fund

Source: PDF p. 1036 ↗ · raw: 1036

Breadcrumb: Fund Summaries > City Administrator. . > Pension Debt Redemption Fund

City of Portland Fiscal Year 2026-27 Proposed Budget City Administrator> Pension Debt Redemption Fund Pension Debt Redemption Fund Fund Summary 2024-25 Actuals 2023-24 Actuals 2025-26 Revised Budget 2026-27 Proposed Expense $7,384,669 $7,032,157 $7,523,088 $7,819,009 Fund Expense $7,128,369 $6,854,056 $7,523,088 $7,819,009 Debt Service $7,128,369 $6,854,056 $7,413,838 $7,709,759 Debt Service $0 $0 $109,250 $109,250 Reserves Unappropriated $256,300 $178,101 $0 $0 Ending Fund Balance $256,300 $178,101 $0 $0 Revenue $7,384,668 $7,032,157 $7,523,088 $7,819,009 External Revenues $1,256,419 $1,192,027 $1,234,935 $1,283,834 Miscellaneous $1,256,419 $1,192,027 $1,234,935 $1,283,834 Internal Revenues $6,128,249 $5,840,130 $6,288,153 $6,535,175 Beginning Fund $178,101 $118,241 $100,000 $100,000 Balance Fund Transfers - $5,950,148 $5,721,889 $6,188,153 $6,435,175 Revenue Fund Overview Managing Agency Significant Changes from Prior Year 1036

Parent: City Administrator. . · PDF: p. 1036 ↗