Transportation Operating Fund

Source: PDF pp. 1135-1136 ↗ · raw: 1135 · 1136

Breadcrumb: Fund Summaries > Public Works. > Transportation Operating Fund

City of Portland Fiscal Year 2026-27 Proposed Budget Public Works> Transportation Operating Fund Transportation Operating Fund Fund Summary 2024-25 Actuals 2023-24 Actuals 2025-26 Revised Budget 2026-27 Proposed Expense $432,838,188 $488,309,256 $500,590,271 $439,856,063 Bureau Expense $257,035,943 $253,638,396 $369,771,913 $327,844,589 Fund Expense $32,246,855 $61,607,485 $130,818,358 $112,011,474 Contingency $0 $0 $93,294,075 $67,273,225 Debt Service $17,404,242 $46,693,851 $17,676,285 $18,459,656 Fund Transfers - $14,842,613 $14,913,634 $19,847,998 $26,278,593 Expense Unappropriated $143,555,390 $173,063,375 $0 $0 Ending Fund Balance $143,555,390 $173,063,375 $0 $0 Revenue $432,870,865 $488,315,751 $500,590,271 $439,856,063 External Revenues $207,158,707 $223,457,980 $246,363,890 $270,768,326 Bond & Note $718,500 $27,915,443 $0 $0 Proceeds Charges for Services $58,717,274 $56,512,832 $78,321,462 $97,492,312 Intergovernmental $100,564,353 $92,855,608 $110,478,174 $93,545,839 Licenses & Permits $20,453,269 $18,080,978 $29,640,727 $46,537,987 Miscellaneous $8,457,984 $6,884,712 $8,047,207 $3,500,000 Miscellaneous Fund $0 $0 ($677,664) $0 Allocation Taxes $18,247,327 $21,208,406 $20,553,984 $29,692,188 Internal Revenues $225,712,157 $264,857,772 $254,226,381 $169,087,737 Beginning Fund $173,063,375 $207,816,898 $161,313,036 $78,116,093 Balance Fund Transfers - $14,543,872 $23,352,705 $52,078,405 $50,970,205 Revenue Interagency Revenue $38,104,910 $33,688,169 $40,834,940 $40,001,439 Miscellaneous Fund $0 $0 $0 $0 Allocation Fund Overview The Transportation Operating Fund accounts for all revenues and expenditures related to transportation operations, maintenance, capital improvements, and administration and support for the Portland Bureau of Transportation. 1135

City of Portland Fiscal Year 2026-27 Proposed Budget External revenues include gas taxes; parking fees and fines; intergovernmental revenues from federal, state, and local sources; and cost recovery revenues (service charges, licenses, and permits). Internal revenues include reimbursement for services from other City funds and operations. The largest reimbursements are from the Bureau of Environmental Services for maintenance of the sewer system, the Portland Clean Energy Benefits Fund (PCEF) for streetlights, and the Local Improvement District Fund for work associated with local improvement districts. It should be noted that the Bureau of Transportation performs an annual review and update of transportation service charges and fees. Each year, Council approves Bureau of Transportation fees through an ordinance for the next fiscal year. Managing Agency Portland Bureau of Transportation Significant Changes from Prior Year Total resources for FY 2026-27 are 4.5% less than those in the adopted budget for FY 2025-26. The main drivers of this decrease are a lower beginning fund balance and lower expected distributions from the State Highway Fund. Planned expenditures have been reduced to accommodate the lower expected resources. The largest reductions are in capital outlay ($19 million less than the adopted budget for FY 2025-26) and contingency ($8 million less than the adopted budget for FY 2025-26). 1136

Parent: Public Works. · PDF: pp. 1135-1136 ↗