News Flash

Finance

5 Stories
Posted on: August 9, 2018

Finance Committee Votes to Appropriate $2.11M of Property Sale Proceeds

news alert

The City Council’s Finance Committee voted unanimously on Thursday, August 2 to appropriate $2.11M of property sale proceeds from the $3.3M sale of 0 Hancock Street. In August 2017, the City Council approved a $3.3 million sale of 48,000 square feet of th...

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Finance
Posted on: April 10, 2018

City Manager Presents Recommended FY19 Municipal Budget to City Council

FY19 Municipal Budget

Portland City Manager Jon Jennings presented his recommended municipal budget for Fiscal Year 2019 (FY19), which begins July 1, 2018, to the City Council at its April 9, 2018 meeting. The $247 million budget results in a 2.6% city-side property tax rate i...

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Finance
Posted on: October 16, 2017

City Seeks to Increase Efficiency, Innovation & Safety with Use of LED Street Lighting

news alert

The City Council will review and discuss a proposal at its October 16 meeting to convert street lights in Portland from metal halide and high pressure sodium to LED technology, which has long been a goal of the Council and City in order to reduce costs, e...

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Finance
Posted on: September 21, 2017

New Digital Parking Citation Management Software Begins September 22

news alert

The days of handwriting parking citations are over for the City of Portland. Passport, an industry leader in parking enforcement and citation management software, has launched its citation management platform for the city. The new tickets will begin appea...

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Parking Department Finance
Posted on: September 20, 2017

Finance Committee to Discuss Proposed Senior Tax Equity Program & LED Street Lighting Conversion

news alert

The City Council’s Finance Committee will discuss the Mayor’s proposed senior tax equity program and hear an update on the LED street lighting conversion at its Thursday, September 21, 2017 meeting. The meeting will be held at 5:30 PM in City Cou...

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Finance