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Board amends IGA with Portland to raise administration cap for Preschool for All tax
Summary
The board approved an amendment to the intergovernmental agreement with the City of Portland to raise the county’s not‑to‑exceed administrative cap for the Preschool for All tax to $9.8 million, citing a higher share of preschool collections than originally estimated and an estimated FY26 increase of roughly $553,000 funded from the preschool fund balance.
The Multnomah County Board voted to adopt a resolution amending its intergovernmental agreement (IGA) with the City of Portland for administration of the Preschool for All personal income tax.
Eric Cariano, the county’s chief financial officer, summarized the IGA’s history: the agreement originated in 2021 after the tax initiative passed and runs through January 2031. Cariano said the proposed amendment does not change the IGA term but increases the…
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