passed ordinance

Amend the FY 2022-23 Revised Budget and make other budget-related changes (amend Ordinance 191050)

budget finance
budget appropriation

Introduced by: Former Mayor Ted Wheeler
Status: Passed

Impact statement

Purpose & background

This ordinance makes changes to General Fund contingency accounts, including the allocation of unrestricted contingency and policy set-aside resources Council has already designated for specific purposes.

Financial impacts

The Proposed Amended changes are being funded out of specific realignments between bureaus (noted on page 1 of Exhibit #2), reductions to specific allocations (page 7 of Exhibit #2), and draws on the City's General Fund contingency accounts. As a result of these changes, there would be $15.0 million in General Fund policy set-aside for specific purposes ascribed by Council, including $5.0 million for current year costs and $1.9 million for future Charter Reform transition costs. This ordinance waives City Financial Policy and draws down $13.85 million in capital set-aside resources that would have gone toward infrastructure maintenance or replacement in the subsequent budget process.

Community impacts

Council held a Work Session on this topic on November 10th. This supplemental budget is a small part of the much larger budget process; the rest of the budget process is subject to extensive public outreach in the form of public meetings, public hearings, Council work sessions, requests and analysis provided online, and the inclusion of public budget advisors.

▸ Full text (the legislation as adopted)

The City of Portland ordains: Section 1. The Council finds: Exhibit 1, attached, includes all incremental changes to the City appropriation schedule as a result of the Fall Supplemental Budget Process. A memorandum, attached as Exhibit 2, provides a summary of programs, projects, or activities that require appropriation adjustment or transfer of appropriation within bureau and fund budgets. Exhibit 3, attached, shows, for informational purposes, line-item changes adopted in this ordinance. Exhibit 4, attached, shows all position changes. Ordinance 191050, to Adopt the FY 2022-23 Fall Technical Supplemental Budget and make other budget-related changes, mistakenly directed the City Budget Office to adjust FY 2022-23 Current Appropriation Level targets as outlined in Exhibit 2. This ordinance correctly directs the City Budget Office to adjust FY 2023-24 Current Appropriation Level targets as outlined in Exhibit 2. NOW THEREFORE, the Council directs: The FY 2022-23 Appropriation Schedule is hereby amended by adjusting appropriations for certain expenditures in various funds as indicated by the increases and decreases presented in Exhibit 1; explanation of these changes is provided in the memorandum attached as Exhibit 2. The number of authorized positions in the FY 2022-23 Revised Budget is hereby amended as presented in Exhibit 4. The City Budget Office is directed to adjust FY 2023-24 Current Appropriation Level targets as outlined in Exhibit 2. The actions amending the FY 2022-23 Revised Budget contained in this ordinance are binding City policy. City Financial Policy FIN-2.03 – Financial Policy is waived and this ordinance does not allocate the required 50% of General Fund discretionary revenue exceeding budgeted beginning fund balance for infrastructure maintenance or replacement in the subsequent budget process In addition to adjusting to any reallocated Joint Office of Homeless Services funding included in the exhibits to this Ordinance, the Portland Housing bureau shall refrain from advancing $7 million of the funding allocated in the current year’s budget to support the Joint Office of Homeless Services unless and until the Multnomah County Commission approves an additional allocation of at least $15 million for eviction prevention. The County is planning to vote on a proposal to increase funding towards rental assistance in December. Should the County not approve this additional funding, the City will take action to reappropriate the $7 million in City funds towards rental assistance and eviction legal defense financial assistance

Tally

3 yea 0 nay 2 other