Development Services Fund

Source: PDF pp. 1076-1077 ↗ · raw: 1076 · 1077

Breadcrumb: Fund Summaries > Community & Economic Development. > Development Services Fund

City of Portland Fiscal Year 2026-27 Proposed Budget Community & Economic Development> Development Services Fund Development Services Fund Fund Summary 2024-25 Actuals 2023-24 Actuals 2025-26 Revised Budget 2026-27 Proposed Expense $102,654,609 $105,768,928 $96,570,172 $96,323,851 Bureau Expense $79,318,216 $76,362,253 $74,894,491 $80,800,274 Fund Expense $6,043,322 $5,517,033 $21,675,681 $15,523,577 Contingency $0 $0 $15,349,902 $9,043,445 Debt Service $1,755,935 $1,688,360 $1,826,173 $1,899,072 Fund Transfers - $4,287,387 $3,828,673 $4,499,606 $4,581,060 Expense Unappropriated $17,293,071 $23,889,642 $0 $0 Ending Fund Balance $17,293,071 $23,889,642 $0 $0 Revenue $102,654,608 $105,768,928 $96,570,172 $96,323,851 External Revenues $63,952,910 $56,121,054 $66,496,973 $75,939,492 Charges for Services $19,609,791 $14,694,788 $17,399,172 $25,371,465 Licenses & Permits $40,361,819 $38,310,973 $46,771,423 $47,581,106 Miscellaneous $3,981,301 $3,115,293 $2,326,378 $2,986,921 Internal Revenues $38,701,698 $49,647,874 $30,073,199 $20,384,359 Beginning Fund $23,889,642 $45,499,460 $17,275,614 $11,689,250 Balance Fund Transfers - $3,894,197 $1,993,953 $3,074,128 $1,997,857 Revenue Interagency Revenue $10,917,859 $2,154,461 $9,723,457 $6,697,252 Miscellaneous Fund $0 $0 $0 $0 Allocation Fund Overview The Development Services Fund accounts for most revenues and expenditures related to activities and services provided by the Portland Permitting and Development (PP&D). In FY 1988-89, City Council established an operating fund for PP&D and charged the bureau with fully supporting its State-mandated construction programs through permit fees and charges. State statutes regulate these programs and, in most circumstances, prohibit their revenues from being used for City Code enforcement programs. PP&D works to maintain full cost recovery for many of its construction programs and services. Managing Agency 1076

City of Portland Fiscal Year 2026-27 Proposed Budget Portland Permitting and Development Significant Changes from Prior Year Downturn in Development Activity In FY 2025-26, the impacts of high interest rates, low investor confidence, a negative perception of Portland, and declining market values for properties in the downtown core have resulted in continued low levels of construction permitting activity. As a result, the bureau reserves have drawn down substantially. PP&D met with local economists and development industry experts on the PP&D Financial Advisory Committee in November 2025, and January 2026. This committee reviewed PP&D’s growth rate projections and advised that the current downturn is expected to extend an additional 24 months before PP&D experiences a sizeable increase in activity. In FY 2026-27 PP&D’s Five-Year Financial Plan calls for baseline revenue, prior to accounting for large project activity, to be relatively flat, extending the current lull in development activity through the entire fiscal year. The PP&D Financial Advisory Committee reviewed the bureau’s Financial Plan, contributed their advice, and supported the bureau’s projections. Permitting, Plan Review, and Inspections Technology Systems The PP&D Digital Services Division is focused on maintaining, supporting, and improving the City’s permitting process systems. In the past year the bureau has made numerous improvements to the AMANDA and Accella permit management systems, DevHub customer portal, and ProjectDox plan review system, including implementing a new workflow for Commercial permits and ProjectDox for Public Works permits. Maintenance and improvements to these systems is ongoing. Fee Changes FY 2026-27 Mayor’s Proposed budget includes a Decision Package recognizing revenue from fee adjustments if approved by City Council. PP&D is reviewing its fee schedules in Spring 2026 and may bring a fee change proposal to City Council to cover the increasing cost of providing services and ensure continuity of key service provisions. 1077

Parent: Community & Economic Development. · PDF: pp. 1076-1077 ↗