Finance Committee

Portland City Council Finance Committee 11/10/25

The Portland City Council Finance Committee convened on November 10, 2025, to discuss and vote on several key issues. The committee approved amendments to various sections of the city code affecting the Revenue Division, ensuring alignment with state laws and correcting previous omissions. These changes aim to streamline administrative processes and clarify legal compliance. Additionally, the committee reviewed and approved the city’s investment policy for 2026, which includes socially responsible investment criteria but sparked debate about incorporating a human rights screen into the policy. Public testimony highlighted concerns about investments in companies linked to human rights abuses. The committee also handled appointments and reappointments to various city boards, emphasizing the importance of experienced and diverse leadership in these roles. The meeting underscored the committee’s role in refining city policies to reflect public values and legal requirements.

Key Points

  • Discussion and approval of amendments to various city codes related to the Revenue Division
  • Review and approval of the city’s investment policy for 2026
  • Appointment and reappointment of members to various boards and committees

Watch Full Meeting

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Votes

PASSED
Amend business license law code to allow sharing select business license tax information with the Bureau of Environmental Services
4 for, 0 against
Motion: Item One
One member absent
PASSED
Amend protests and appeals and Revenue Division Appeals Board code
4 for, 0 against
Motion: Item Two
One member absent
PASSED
Amend special taxes code to conform to Oregon Revised Statute 314.835
4 for, 0 against
Motion: Item Three
One member absent
PASSED
Amend Lloyd Business District fee code to correct inadvertent change
4 for, 0 against
Motion: Item Four
One member absent
PASSED
Adopt City of Portland Investment Policy
3 for, 1 against
Motion: Item Five
Councilor Green opposed

Action Items

  • Further discussion and potential revision of the city’s investment policy to include a human rights screen