The Portland City Council Finance Committee met on February 24, 2025, to discuss several key financial matters. The meeting focused on the allocation of opioid settlement funds, mid-year budget adjustments, and adopting a budget calendar for the upcoming fiscal year. The committee discussed the best practices for managing and appropriating the opioid settlement funds, which are expected to continue through fiscal year 2038-2039. Additionally, they reviewed the city’s process for mid-year budget adjustments, emphasizing the need for technical adjustments to ensure financial accuracy and compliance. A significant portion of the meeting was dedicated to amending and finalizing the budget calendar for FY 2025-2026, which included scheduling community listening sessions in various districts to enhance public engagement in budgetary decisions. The committee passed amendments to add new work session dates and change a council meeting start time to facilitate a smoother budget approval process. The meeting concluded with plans to finalize the community listening session details and coordinate with the full city council to adopt the proposed budget calendar.
Key Points
- Discussion on opioid settlement funds and their allocation
- Mid-year budget adjustment actions and technical adjustments
- Adoption of the budget calendar for FY 2025-2026 including community listening sessions
Watch Full Meeting
Votes
Action Items
- Finalize dates and locations for district-based community listening sessions
- Coordinate with the full city council to adopt the amended budget calendar