Portland faces potential $100M budget shortfall, officials say

City of Portland may need to slash over $100M in spending amid budget shortfall: Memo

PORTLAND, Ore. (KOIN) – The City of Portland, and its new 12-member City Council, is facing a growing budget gap that might require more than $100 million in budget cuts, according to a memo released Friday. The memo -- from Portland's Office of the City Administrator -- was requested by Portland City Council and outlines several options for budget cuts. The memo comes after a forecast released in December anticipated a $27 million budget gap. H…

Portland faces potential $100M budget shortfall, officials say

Portland officials Friday said that the city could face a staggering budget gap of more than $100 million in the coming fiscal year, a figure substantially higher than previous forecasts.

Major budget cuts loom for Portland as city projects over $100M deficit by 2025

Portland could face a more than $100 million shortfall in the 2025-2026 fiscal year.

Portland May Cut 'Equity' Jobs Due To Budget Problems - Nemos News Network

Authored by Matt Lamb via Headline USA, A top official in Portland said the Oregon city may need to cut “equity” roles due to a pending budget deficit. A pedestrian walks past a boarded-up Apple store that’s been covered in street art in downtown Portland, Ore. / PHOTO: AP The city is forecasting a $27 […]

City of Portland previews options to address a growing budget gap

A memo sent to the Portland City Council details the city’s financial challenges and provides a sneak preview of options for cutting costs.

Portland May Cut ‘Equity’ Jobs Due To Budget Problems – altnews.org

Authored by Matt Lamb via Headline USA, A top official in Portland said the Oregon city may need to cut