Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Board approves $535,000 budget increase after Albina Annex property sale; project to retain $463,294.50 net
Summary
The board approved a one‑time FY26 budget modification to add $535,000 to the Multnomah County Library capital bond program following the sale of the Albina Annex property; after expenses the Albina library project will retain an estimated net of $463,294.50 and any remaining funds will carry into FY27.
County staff asked the board to approve a one‑time FY26 budget modification to recognize revenue from the sale of the Albina Annex property adjacent to the Albina Library. Kate Vance, deputy director for the library capital bond program, said the action would increase the appropriation by $535,000 for fund 2517, with the Albina library project expected to retain a net cash…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
