FY 2024-25 Adopted Budget

Information
A yellow rectangle with the words: "Adopted budget". To the left of the words is a blue circle with the words: "Budget development".
City Council votes to formally adopt the Approved Budget before July 1. Budget adoption makes the budgeted appropriations legally binding for the upcoming budget year (2024 - 2025).
On this page

Learn more about how Portland's FY 2024-25 Adopted Budget supports various services in our community.

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City Expenses

  • In FY 2024-25, the vast majority of City expenses are in Public Works, which includes the Water Bureau, the Bureau of Environmental Services and the Portland Bureau of Transportation.
  • A full 90% of the funds that make up the City's approximately $8 billion budget are by law, restricted to specific uses. These include funds received from the federal government and dollars earmarked for utilities, transportation and debt repayment.

FY 2024-25 Expenses Across All Funds by Service Area

A decorative tree chart showing FY 2024-25 budget expenses across all funds by service area.

City Revenues

City Revenues come from a variety of different sources.
  • Nearly 28% of the City's Revenue is from what's called the Beginning Fund Balance. This is money that wasn't spent in the previous fiscal year for a variety of reasons.
  • Not all revenues in the City's $8 billion budget are collected from the public. Internal revenues are dollars received between bureaus for the exchange of goods or services for payment such as technology, fleet and risk management. In Portland, 22% of revenues are internal.
  • More than 13% of revenues came from debt proceeds, loans and interest.
  • Property and business license taxes, make up only 12% of the City's budgeted revenue collection.

FY 2024-25 City of Portland Revenues

A decorative tree chart showing FY 2024-25 City revenues.

The General Fund

  • The General Fund is the City's most flexible resource but only makes up about 10% of the total budget. 
  • We call these flexible funds "discretionary resources".
  • Most of the money in the General Fund comes from property and business licensing taxes. 
  • The City uses the General Fund to pay for everything that has not already been covered by restricted funds.
About ninety percent of the total revenue is restricted, while ten percent is unrestricted revenue in the General Fund.

General Fund Expenses

  • In FY 2024-25, City Council allocated the majority of the General Fund to Public Safety bureaus. 
  • The Portland Police Bureau and Portland Fire & Rescue received the largest amounts of the City's most flexible dollars
  • Portland Parks & Recreation, which is the vast majority of the Vibrant Communities Service Area, received the second largest amount of funding. 
  • Community and Economic Development which includes the Portland Housing Bureau and the Bureau of Planning and Sustainability received the third largest. 

FY 2024-25 General Fund Discretionary Allocated Expenses

A decorative tree chart showing FY 2024-25 General Fund Discretionary Allocated Expenses

Adopted Budget Documents

You can find the full Adopted Budget documents in the following links: 

FY 2024-25 -- Volume 1 -- City of Portland City Summaries and Bureau Budgets 5.07 MB
FY 2024-25 -- Volume 2 -- City of Portland City Funds and Capital Projects 2.03 MB
FY 2024-25 -- Volume 3 -- City of Portland Program Offers 3.92 MB

Adopted Budget Dashboard

Explore the FY 2024-25 data and see trends over time:

Click here for the FY 2024-25 Adopted Budget Dashboard

Learn more about the Budget Process

Need a refresher on the components of a budget and how the budget was made?

Click here for an Introduction to the Budget

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