*Adopt the FY 2024-25 Fall Supplemental Budget and make other budget-related changes
Section 1. The Council finds:
- Exhibit 1, attached, includes all incremental changes to the City appropriation schedule as a result of the Fall Supplemental Budget Process.
- A memorandum, attached as Exhibit 2, identifies programs, projects, or activities that require appropriation adjustment or transfer of appropriation within bureau and fund budgets.
- Exhibit 3, attached, shows, for informational purposes, a reconciliation of changes to all funds.
- Exhibit 4, attached, shows, for informational purposes, all requests materially affecting the General Fund.
- Exhibit 5, attached, shows all position changes.
NOW, THEREFORE, the Council directs:
- The FY 2024-25 Appropriation Schedule is hereby amended by adjusting appropriations for certain expenditures in various funds as indicated by the increases and decreases presented in Exhibit 1; explanation of these changes is provided in the memorandum attached as Exhibit 2.
- The City Budget Office is directed to adjust FY 2025-26 Current Appropriation Level targets as outlined in Exhibit 2.
- The number of authorized positions in the FY 2024-25 Revised Budget is hereby amended as presented in Exhibit 5.
- The actions amending the FY 2024-25 Revised Budget contained in this ordinance are binding City policy.
- Council recognizes the importance of allocating contingency resources for capital maintenance needs and this ordinance sets aside roughly half of the General Fund discretionary revenue exceeding budgeted beginning fund balance for three known capital-related needs. However, the initiatives outlined in Exhibit 2 do not fully meet the requirement of City Financial Policy FIN-2.03 - Financial Planning to allocate 50% of General Fund discretionary revenue exceeding budgeted beginning fund balance for infrastructure maintenance or replacement in the subsequent budget process. Therefore, FIN 2.03 is waived.
Section 2. The Council declares that an emergency exists in order to have the appropriations in Exhibits 1-5 of this Ordinance as amended be enacted upon unanimous passage of this Ordinance; therefore, this Ordinance shall be in full force and effect from and after its passage by the Council.
Official Record (Efiles)
An ordinance when passed by the Council shall be signed by the Auditor. It shall be carefully filed and preserved in the custody of the Auditor (City Charter Chapter 2 Article 1 Section 2-122)
Passed by Council
Auditor of the City of Portland
Simone Rede
Impact Statement
Purpose of Proposed Legislation and Background Information
In the Fall Supplemental Budget (BMP), City Council adopts changes to appropriation levels in various funds, makes changes to Current Appropriation Level targets, and accepts budget note reporting. Many programs and projects throughout the City are impacted by this action. The proposed legislation does not change any City policies.
Financial and Budgetary Impacts
Approval of the exhibits to this ordinance reflect appropriation changes in 53 funds by a net increase of $641.9 million, primarily resulting from truing up beginning fund balance and other resources between fiscal years. There is a net increase of $6.9 million to General Fund contingency accounts. These changes are summarized in Exhibit 2. Additional detail is available on the CBO website: FY 2024-25 Budget Monitoring | Portland.gov
This legislation results in a net increase of 31 positions. Positions by bureau are provided in Exhibit 5.
Community Impacts and Community Involvement
The public had the opportunity to provide online testimony for several weeks leading up to a publicly-noticed hearing, where community members may also provide virtual testimony. This supplemental budget is a small part of the much larger budget process; the rest of the budget process is subject to extensive public outreach in the form of public meetings, public hearings, Council work sessions, requests and analysis provided online, and the inclusion of public budget advisors.
100% Renewable Goal
This action does not specifically impact the City’s total energy or renewable energy use.
Budgetary Impact Worksheet
See Ordinance Exhibits for detailed appropriation changes.