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Multnomah County approves $535,000 budget update after sale of Albina Annex
Summary
The Multnomah County Board approved a one‑time FY26 budget modification for the Albina Library capital bond program to recognize proceeds from the sale of the Albina Annex; the project will retain a net $463,294.50 after expenses. A public commenter asked for disclosure about the buyer and broker selection process.
The Multnomah County Board of Commissioners on Jan. 15 approved a $535,000 budget modification to the library capital bond program that will recognize revenue from the sale of the Albina Annex property and return the proceeds to the Albina Library project.
Kate Vance, deputy director for the library capital bond program, told the board the increase applies to fund 2517, program 78228F, and is a one‑time adjustment for fiscal year…
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