TL;DR (generated · confidence: high)

The General Fund is Portland's primary operating fund supporting core services (police, fire, parks, community development) with proposed FY 2026-27 expense of $1.18B. Funding comes primarily from property and transient lodging taxes ($391.5M), business license fees, and state shared revenues. The budget faces a $35.6M deficit in ongoing discretionary resources and $15.1M in one-time resources, driven by Business License Tax declines from Federal policy changes and declining downtown commercial property values.

Key points (each cites a PDF page):

Proposed total General Fund expense of $1,179,119,189 for FY 2026-27, up from $1,138,683,013 in 2025-26 revised budget (p. 1003 ↗)
Bureau expenses account for $1,089,677,625 of total spending in FY 2026-27 proposed budget (p. 1003 ↗)
Property and transient lodging taxes budgeted at $391,500,000 for FY 2026-27, representing primary revenue source (p. 1003 ↗)
External revenues projected at $804,689,478, including licenses & permits ($334.6M), intergovernmental ($49.3M), and charges for services ($25.5M) (p. 1003 ↗)
Beginning fund balance of $4,300,000 in FY 2026-27, decreased from $57,915,639 in 2025-26 (p. 1003 ↗)
Budget includes $35.6 million deficit in ongoing discretionary resources due to Business License Tax revenue declines (p. 1004 ↗)
Additional $15.1 million deficit in one-time discretionary resources attributed to declining downtown commercial property values (p. 1004 ↗)

Amounts: $1,179,119,189 · $1,089,677,625 · $804,689,478 · $391,500,000 · $374,429,711 · $334,550,895 · $89,441,564 · $61,577,453 · Programs: General Fund · Police · Fire · Parks · Community Development · Parties: City Budget Office

General Fund

Source: PDF pp. 1003-1004 ↗ · raw: 1003 · 1004

Breadcrumb: Fund Summaries > Citywide > General Fund

City of Portland Fiscal Year 2026-27 Proposed Budget Citywide> General Fund General Fund Fund Summary 2024-25 Actuals 2023-24 Actuals 2025-26 Revised Budget 2026-27 Proposed Expense $1,082,796,760 $1,046,375,776 $1,138,683,013 $1,179,119,189 Bureau Expense $940,255,921 $852,814,083 $1,044,693,734 $1,089,677,625 Fund Expense $84,625,184 $98,893,733 $93,989,279 $89,441,564 Contingency $0 $0 $7,240,629 $12,893,547 Debt Service $14,578,338 $14,039,126 $14,396,274 $14,970,564 Fund Transfers - $70,046,846 $84,854,607 $72,352,376 $61,577,453 Expense NA $0 $0 $0 $0 Reserved for Future $0 $0 $0 $0 Expenditure Unappropriated $57,915,655 $94,667,960 $0 $0 Ending Fund Balance $57,915,655 $94,667,960 $0 $0 Revenue $1,247,856,083 $1,046,344,533 $1,138,683,013 $1,179,119,189 External Revenues $761,897,198 $723,117,971 $792,534,009 $804,689,478 Charges for Services $19,014,800 $19,869,921 $18,469,810 $25,499,401 Intergovernmental $43,756,654 $39,946,878 $47,958,000 $49,262,399 Licenses & Permits $318,989,107 $292,337,029 $338,070,000 $334,550,895 Miscellaneous $5,686,005 $7,389,847 $7,036,199 $3,876,783 Miscellaneous Fund $0 $0 $0 $0 Allocation Taxes $374,450,632 $363,574,297 $381,000,000 $391,500,000 Internal Revenues $485,958,885 $323,226,562 $346,149,004 $374,429,711 Beginning Fund $94,667,960 $137,727,174 $57,915,639 $4,300,000 Balance Fund Transfers - $143,504,970 $112,794,978 $171,736,840 $208,186,651 Revenue General Fund $102,885,866 ($6,785,550) $0 $0 Discretionary General Fund $54,749,292 ($2,826,885) $0 $0 Overhead Interagency Revenue $90,150,797 $82,316,845 $116,496,525 $161,943,060 Miscellaneous Fund $0 $0 $0 $0 Allocation 1003

City of Portland Fiscal Year 2026-27 Proposed Budget Fund Overview The General Fund is the primary operating fund for the City of Portland. The core services of the City, such as police, fire, parks, and community development, are budgeted within this fund. The fund is mostly supported by property and transient lodging taxes, business and utility license fees, and state shared liquor and marijuana tax revenues. Managing Agency City Budget Office Significant Changes from Prior Year The FY 2026-27 Adopted Budget included a budget deficit of $35.6 million in ongoing discretionary resources and $15.1 million in one-time discretionary resources. This is largely due to downward revisions in Business License Tax revenues due, in part, to changes in Federal tax policy. Additionally, the impact of declining commercial property values in the downtown core, as well as increased expenses that align with Council priorities have impacted this total. 1004

Parent: Citywide · PDF: pp. 1003-1004 ↗