Amend Intergovernmental Agreement with Multnomah County for the Revenue Division to administer the Preschool for All Program Tax

The City of Portland ordains. Section 1. The Council finds: On November 3, 2020, Multnomah County (the County) voters approved Ballot Measure 26-214 (Preschool for All Program), which authorized the County to impose a personal income tax to fund universal, tuition free, high-quality preschool education for every three- and four-year-old residing within the County. The County does not have the capability to collect a personal income tax and contracted with the City of Portland Revenue Division to do so. The Revenue Division collects all regional business and personal income taxes for the City, the County and Metro. The Division implemented and is administering the County's PFA personal income tax since 2021 through a 10-year IGA authorized by Ordinance 190268. This Ordinance amends Section 4 (b) of the IGA, authorized by Ordinance 190268, to set the Maximum Annual Compensation from the County to the City for the 2025-2026 fiscal year at $9,850,000.00. NOW, THEREFORE, the Council directs: The Revenue Division Director or Chief Financial Officer is authorized and directed to execute an amendment to the IGA for administrative services for the PFA personal income tax, in substantially the form attached to this Ordinance as Exhibit A. The Revenue Division is authorized to make budget adjustments in accordance with this IGA.