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Board formalizes county fund structure for FY2026 accounting; adds capital fund for sobering center
Summary
The county approved a routine resolution defining its accounting funds for the coming fiscal year and added a new capital fund to track the sobering and crisis-stabilization center.
The Multnomah County Board approved a resolution that defines the accounting funds the county will use for financial reporting and budget purposes in the coming fiscal year and repealed the previous resolution. The resolution lists fund numbers, names, descriptions and categories (governmental, proprietary and fiduciary), and provides a structure intended to increase transparency and public reporting.
Chief Financial Officer Eric Arellano told commissioners the action is a routine part of annual budget adoption and is closely related to other agenda items: the new capital fund 2521 was added specifically to track the sobering and crisis-stabilization center resources and expenditures. Arellano said the county has about 46 active funds; the addition of the capital fund was the only substantive change from the FY2025 fund list.
The resolution was approved by roll-call. Staff said a separate process is required to establish and use funds and the board will be asked to approve any other new funds during the fiscal year if needed.
