Approval of the FY 2024-25 Budget for the City of Portland (Mayor convenes Council as Budget Committee)
| TO: | Mayor Ted Wheeler Commissioner Dan Ryan Commissioner Carmen Rubio Commissioner Mingus Mapps Commissioner Rene Gonzalez City Auditor Simone Rede |
| FROM: | Ruth Levine, Interim City Budget Director |
| DATE: | May 8, 2024 |
| SUBJECT: | Approval of the FY 2024-25 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 2024-25 Proposed Budget at the May 15th Budget Committee meeting
- Attachment B: List of all adjustments to the FY 2024-25 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
As the City transitions to its new form of government under the Charter on January 1, 2025, the FY 2024-25 budget includes new organizational units representing service areas. Any of the organizational units named in the budget Appropriations Schedule that are not expressly codified as City Bureaus in City Code Title 3 “Administration” are considered “Organizational Units” pursuant to ORS 294.456 Section (3)(a) which states "the appropriations required […] must contain: One amount for each organizational unit or program of each fund.” The organizational units that are not bureaus under City Code Title 3 include but are not limited to City Administrator, Office of City Operations, Office of Community and Economic Development, Office of Budget & Finance, Office of Public Safety and Office of Vibrant Communities.
The City Budget Office will present budget adjustments and budget notes to be incorporated into the Approved Budget subject to the vote of the Budget Committee on Wednesday, May 15, 2024. Because of the short timeframe for voting on the Approved Budget, the City Budget Office would appreciate receiving any contemplated amendments by end of business day of May 13, 2024. This will allow staff to be adequately prepared for Council discussion and action. 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 12, 2024.
Official Record (Efiles)
Impact Statement
Purpose of Proposed Legislation and Background Information
The report includes changes to the FY 2024-25 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 $72,725,448 million from the FY 2024-25 Proposed Budget, as distributed on May 3, 2024. The total appropriation including fund transfers is now $8,268,842,209. The reason for this change in expense and resource is because of technical adjustments and true-ups such as adjusting beginning fund balance to reflect projected year-end spending and adjusting revenue to reflect changes to interagency agreements.
The Budget Committee may introduce amendments at the hearing on May 15, 2024. 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 12, 2024.
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 work sessions held to discuss the FY 2024-25 Budget process between February 1-29, 2024. Council conducted three virtual listening sessions in April as well. Public comment has been solicited on the City Budget Office website, and in accordance with Oregon Local Budget Law, live public testimony is scheduled to be received on May 9th through a virtual community meeting and during the hearing on May 15, 2024. 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 12, 2024.
100% Renewable Goal
This action does not directly impact the 100% renewable goal.