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Councilors debate parks maintenance cuts, levy trade-offs and a proposed revenue-backed loan
Summary
Finance Committee members grappled with restoring parks maintenance cuts, the scale of a parks levy needed to hold services steady, and a proposal to use a revenue-backed loan from the Portland Clean Energy Fund (PSEF) to bridge near-term gaps.
A substantial portion of the Finance Committee discussion focused on how to address cuts to parks maintenance and whether borrowing or shifting other revenue could reduce pressure on the upcoming parks levy.
Councilors said parks maintenance faced roughly $6 million in cuts and that the parks bureau's analysis indicated the levy renewal level needed to fully preserve proposed services would be well above the mayor's 80'cent planning assumption. Council President Novick said park officials told the committee a levy in the range of $1.40 to…
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