Property Management License Fund

Source: PDF pp. 1088-1089 ↗ · raw: 1088 · 1089

Breadcrumb: Fund Summaries > Community & Economic Development. > Property Management License Fund

City of Portland Fiscal Year 2026-27 Proposed Budget Community & Economic Development> Property Management License Fund Property Management License Fund Fund Summary 2024-25 Actuals 2023-24 Actuals 2025-26 Revised Budget 2026-27 Proposed Expense $9,836,976 $9,337,482 $10,395,500 $12,107,478 Bureau Expense $9,772,054 $9,234,152 $10,370,500 $12,082,478 Fund Expense $24,985 $24,826 $25,000 $25,000 Fund Transfers - $24,985 $24,826 $25,000 $25,000 Expense Unappropriated $39,937 $78,504 $0 $0 Ending Fund Balance $39,937 $78,504 $0 $0 Revenue $9,836,977 $9,337,483 $10,395,500 $12,107,478 External Revenues $9,758,473 $9,230,211 $10,395,500 $12,107,478 Licenses & Permits $9,715,668 $9,196,013 $10,362,000 $12,073,978 Miscellaneous $42,805 $34,198 $33,500 $33,500 Internal Revenues $78,504 $107,272 $0 $0 Beginning Fund $78,504 $107,272 $0 $0 Balance Fund Overview The Property Management License Fund receives revenue from the business property management license fee payable by managers of properties within the three Enhanced Services Districts (ESD) (Clean & Safe, Lloyd, and Central Eastside). This fee supports enhanced services within the districts. ESDs keep the areas within their boundaries vital and attractive to businesses, shoppers, visitors, and residents. In accordance with their agreements with the City of Portland, ESDs provide the following services: Clean & Safe, Inc: enhanced security, sidewalk and graffiti cleaning, business recruitment, retention, and marketing services in the central business district Go Lloyd: transportation management, crime prevention, Holladay Street landscape maintenance, and Lloyd Eco District services Central Eastside Industrial District: streetscape improvement and district identity, cleaning and graffiti removal, community grants, advocacy and administration, and safety services (e.g., outreach to the houseless) 1088

City of Portland Fiscal Year 2026-27 Proposed Budget Managing Agency The Revenue Division manages the Property Management License Fund, administers the collection of the license fees, and charges the fund an administrative fee for services. Significant Changes from Prior Year There are no significant changes in FY 2026-27. 1089

Parent: Community & Economic Development. · PDF: pp. 1088-1089 ↗