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WHEREAS, on October 30, 2002, City Council approved ordinance #176988, authorizing a contract with the Government Finance Officers Association (GFOA) for an assessment of the City’s budget systems and processes; and

WHEREAS, in July 2003, GFOA presented its Analysis and Recommendations of the Operational Review of the Budget Function; and

WHEREAS, one of the recommendations included in GFOA’s report was that City Council should adopt the Budget Calendar to express its commitment to the smooth and orderly development process; and

WHEREAS, on October 15, 2003, City Council adopted resolution #36173 directing the City Budget Office (formerly Financial Planning Division) to annually prepare a Budget Calendar for adoption by resolution by the Council; and

WHEREAS, the Council acknowledges that the City’s budgeting process is iterative and dynamic, and while budget events and specific dates may change, the adoption of the Budget Calendar for FY 2025-26 formalizes the plan and approach envisioned by Council; and

WHEREAS, the FY 2025-26 budget process reflects changes of the charter reform, which have now taken effect;

WHEREAS, the City Council established policy committees and the ability of those committees to hold budget-related work sessions is encouraged;

NOW, THEREFORE, BE IT RESOLVED, that the City of Portland adopts the Budget Calendar for FY 2025-26, and the budget process outlined therein, as outlined in Exhibit A.