Councilor Mitch Green Suggests Borrowing Money from PCEF to Fund Parks

Councilor Mitch Green Suggests Borrowing Money from PCEF to Fund Parks

As Portland leaders grapple with a major citywide budget shortfall, some have sought potential relief from one of the city’s most prosperous initiatives—the Portland Clean Energy Community Benefits Fund (PCEF). The fund, which collects a 1 percent tax on local sales at large retailers to pay for carbon reduction projects, has found major financial success while other city programs and bureaus struggle to maintain basic services. Councilor Mitch …