Approval of the FY 2025-26 Budget for the City of Portland (Council convenes as Budget Committee)
TO:
Mayor Keith Wilson
Council President Elana Pirtle-Guiney
Council Vice President Tiffany Koyama Lane
Councilor Candace Avalos
Councilor Jamie Dunphy
Councilor Loretta Smith
Councilor Sameer Kanal
Councilor Dan Ryan
Councilor Angelita Morillo
Councilor Steve Novick
Councilor Olivia Clark
Councilor Mitch Green
Councilor Eric Zimmerman
City Auditor Simone Rede
FROM: Ruth Levine, City Budget Director
DATE: May 13, 2024
SUBJECT: Approval of the FY 2025-26 Budget for the City of Portland
With this memo, the City Budget Office conveys a package of information to aid the Council in considering changes to the Proposed Budget and moving to an Approved Budget for submittal to the Tax Supervising and Conservation Commission (TSCC). Attached to this memo are the following documents:
- Attachment A: A step-by-step description of the process for consideration of and deliberation on changes to the FY 2025-26 Proposed Budget at the May 21st Budget Committee meeting
- Attachment B: List of all adjustments to the FY 2025-26 Proposed Budget
- Attachment C: Summary of adjustments by fund and major object category
- Attachment D: Budget Notes as Proposed for the Approved
- Attachment E: Tax increment collections planned for the City’s Urban Renewal Districts
- Attachment F: Classifications in Standard Pay Grades
- Attachment G: Non-represented Classifications in Standard Pay Grades
- Attachment H: Classifications in Non-Standard Pay Grades
- Attachment I: Council President Amendment Package
- Attachment J: Compiled List of Pre-Filed Council Amendments
- Attachment K: Amendment by Grouping
City Council will present and discuss budget adjustments and budget notes to be incorporated into the Approved Budget on Wednesday, May 21, 2025. The Council will have the opportunity to make further amendments to the budget as part of the Adopted Budget process scheduled for first reading on June 11, 2025.
Official Record (Efiles)
Impact Statement
Purpose of Proposed Legislation and Background Information
The report includes changes to the FY 2025-26 Proposed Budget which must be approved by the City of Portland Budget Committee.
Financial and Budgetary Impacts
The action of the Budget Committee (as requested in this report) reflects a change of $100,650,000 million from the FY 2025-26 Proposed Budget, as distributed on May 5, 2025. The total appropriation including fund transfers is now $8,641,680,199. The reason for this change in expense and resource is because of an interfund loan of $50,000,000 for the Fire Police Disability & Retirement Fund, which receives its levy funding in November of each year, and needs to pay out benefits beginning in July of each fiscal year.
The Budget Committee may introduce amendments at the hearing on May 21, 2025. After the Budget Committee votes to approve the budget, the financial information is sent to the Tax Supervising Conversation Commission for their review and subsequent hearing currently scheduled on June 11, 2025.
Economic and Real Estate Development Impacts
This report does not carry any direct economic or real estate development impact because the document in itself does not authorize any final expenditures. The Approved Budget functions as a technical budget development step as Council works toward a final Adopted Budget.
Community Impacts and Community Involvement
The Approved Budget as filed includes programmatic changes that will impact the community. These programmatic changes invest resources and reallocate internal resources into bureau programs as articulated in the Mayor’s Proposed Budget document. A three-member Community Budget Advisory Board was invited to sit in on budget discussions with the Mayor and Council as the budget was developed. There were Council work sessions held to discuss the FY 2025-26 Budget process in April and May of 2025. Council conducted four listening sessions in March and April of 2025 as well. Public comment has been solicited on the City Budget Office website, and in accordance with Oregon Local Budget Law, live public testimony was received on May 7th, 2025 during the Mayor's Proposed Budget Hearing and will be heard again on May 21st, 2025. Council members receive weekly emails from the CBO compiling the written comments received by the public through the online portal.
The budget process continues with the final opportunity for Council to amend the budget and receive public testimony and input. At present, this is scheduled to occur on June 11, 2025.
100% Renewable Goal
This action does not directly impact the 100% renewable goal.
Economic and Real Estate Development Analysis
Analysis provided by Prosper Portland
An Economic and Real Estate Development Impact Analysis was not submitted for this proposed action. Pursuant to City Council Resolution 37664, Prosper Portland staff has reviewed the action and agree that it does not require an Economic and Real Estate Development Impact Analysis.
Document History
Document number: 2025-208
President's referral: City Council