FY 2025-26 Adopted Budget

Press release: Portland City Council adopts $8.6 billion budget for 2025-26

View the budget ordinance: Adopt the annual budget of the City and establish appropriations for the fiscal year beginning July 1, 2025 and ending June 30, 2026

City Expenses

Total Budget

• The total budget of $8.64 billion, reported as required by state budget law, includes all expenditures within and between funds. This number overstates actual expenditures for programs because it double counts internal transactions. Such transactions occur between City funds, when one City agency provides services to another.

FY 2025-26 Total Budget by Service Area

• The majority of the City’s expenses are in Public Works, which includes the Water Bureau, the Bureau of Environmental Services, the Portland Bureau of Transportation, and Portland Parks and Recreation. This includes spending for capital projects, not just operational expenses. See Program Expenses section below for more detail on operating versus capital expenses.
• The total budget for the City Administrator service area includes Fund and Debt Management. Funds and Debt Management contains funds that pass through to other sources, such as debt proceeds, General Fund contingency, and accounts that are solely used for technical purposes.
• Get more detailed total budget information on the FY 25-26 Adopted Budget Dashboard.

Program Expenses

• The $4.49 billion in program expenses include operating expenses and capital expenses. Operating expenses are those used to keep the City running day-to-day, including costs of personnel, materials, and services. Capital expenses are those related to land, equipment, facilities, and infrastructure. Program expenses provide a more accurate picture of the funds available for delivering services to the community.

FY 2025-26 Program Expenses by Service Area

• As with the total budget, the majority of the City’s program expenses are also in Public Works.
• Get more detailed program expense information on the FY 25-26 Adopted Budget Dashboard.

General Fund Discretionary Expenses

• The $806.4 million in General Fund discretionary resources, the City's most flexible funds, make up about 10% of the total budget. The City uses General Fund discretionary resources to pay for everything that has not already been covered by restricted funds. Most of this money comes from property and business licensing taxes.
• The other 90% of funds are legally restricted to specific uses. These include funds received from the federal government and dollars earmarked for utilities, transportation and debt repayment.
• Learn more about unrestricted and restricted funding sources in the Introduction to the Budget.

Dashboard

Click here to explore the FY 2025-26 data

Documents