passed ordinance 2025-120

*Adopt the FY 2024-25 Technical Adjustment Ordinance and make other budget-related changes

budget finance
budget appropriation

Department: City Budget Office
Introduced by: Mayor Keith Wilson
Status: Passed

Impact statement

Purpose & background

The Spring Supplemental Budget is primarily intended to allow bureaus to make technical adjustments and other revisions to their current year budget. However, bureaus are also permitted to request General Fund "Program Carryovers," draw from policy set-aside, and encouraged to submit General Fund returns for known underspending.

Financial impacts

Approval of this ordinance will change appropriation in 47 funds by a net reduction of $1,777,925, primarily resulting from truing up beginning fund balance and other resources. There is a net increase of $3.46 million to the General Fund. These changes are summarized in Exhibit 2. This legislation adds net zero FTE as noted in Exhibit 5.

Economic impacts

Not applicable.

Community impacts

The public had the opportunity to provide online testimony for several weeks leading up to a publicly-noticed hearing, where community members may also provide virtual testimony. 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, and the inclusion of community 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 Spring Technical Adjustment Ordinance. A memorandum, attached as Exhibit 2, identifies programs, projects, or activities that require appropriation adjustment or transfer of appropriation within bureau and fund budgets. Exhibit 3, attached, shows, for informational purposes, a reconciliation of changes to all funds. Exhibit 4, attached, shows, for informational purposes, all requests materially affecting the General Fund. Exhibit 5, attached, shows all position changes. NOW, THEREFORE, the Council directs: The FY 2024-25 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 2024-25 Revised Budget is hereby amended as presented in Exhibit 5. The actions amending the FY 2024-25 Revised Budget contained in this ordinance are binding City policy. Section 2. The Council declares that an emergency exists because the FY 2024-25 Spring budget adjustments need to be implemented without delay; therefore, this Ordinance shall be in full force and effect from and after its passage by the Council.

Tally

10 yea 2 nay