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Council adopts FY 2025–26 budget, levies taxes and passes related fiscal ordinances
Summary
The Portland City Council approved the city's FY 2025–26 budget, levied taxes, accepted state shared revenue and adopted several emergency interfund loans and budget adjustments. The final budget passed 11–0 with one abstention on the budget ordinance and related measures passed largely by unanimous votes.
The Portland City Council adopted the city’s fiscal 2025–26 budget and approved a package of related fiscal measures on June 18, 2025, including levying city taxes, accepting state shared revenues and authorizing temporary interfund loans to address year‑end and cash‑flow needs.
Key votes included a resolution to certify state shared revenue eligibility, acceptance of state shared revenue, adopting the main appropriations ordinance for FY 2025–26, and several emergency interfund loans and technical supplemental appropriations. Council also approved temporary loans to cover FPDR obligations and to prevent a negative balance in the recreational cannabis tax fund. A summary of the primary…
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