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Transportation Reserve Fund

Source: PDF pp. 1137-1138 ↗ · raw: 1137 · 1138

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

City of Portland Fiscal Year 2026-27 Proposed Budget Public Works> Transportation Reserve Fund Transportation Reserve Fund Fund Summary 2024-25 Actuals 2023-24 Actuals 2025-26 Revised Budget 2026-27 Proposed Expense $13,109,490 $11,937,351 $14,209,490 $15,309,490 Fund Expense $0 $0 $14,209,490 $15,309,490 Contingency $0 $0 $14,209,490 $15,309,490 Unappropriated $13,109,490 $11,937,351 $0 $0 Ending Fund Balance $13,109,490 $11,937,351 $0 $0 Revenue $13,109,490 $11,937,351 $14,209,490 $15,309,490 External Revenues $472,139 $337,407 $400,000 $400,000 Miscellaneous $472,139 $337,407 $400,000 $400,000 Internal Revenues $12,637,351 $11,599,944 $13,809,490 $14,909,490 Beginning Fund $11,937,351 $10,899,944 $13,109,490 $14,209,490 Balance Fund Transfers - $700,000 $700,000 $700,000 $700,000 Revenue Fund Overview The Transportation Reserve Fund was created in FY 1992-93 in accordance with the transportation reserve policy. The policy designates two types of reserves: Countercyclical reserves maintain current service level programs to buffer the impact of major revenue interruptions, such as those caused by an economic recession. Policy sets this reserve amount at five percent of the Portland Bureau of Transportation’s gas tax and on-street parking revenues in the Adopted Budget. Emergency reserves fund major one-time, unexpected requirements, such as those related to a structural failure or road emergency associated with a natural disaster or event. Policy sets this reserve amount at five percent of the Portland Bureau of Transportation’s gas tax and on-street parking revenues in the Adopted Budget. Managing Agency Portland Bureau of Transportation Significant Changes from Prior Year 1137

City of Portland Fiscal Year 2026-27 Proposed Budget Current reserves are not at the levels required by policy. The fund will receive $700,000 from the Transportation Operating Fund in FY 2026-27. This amount will be transferred annually until the policy requirements are met. 1138

Parent: Public Works. · PDF: pp. 1137-1138 ↗