Finance Committee

Current Focus

  • Amending business license tax exemption
  • Allocating $21 million for housing projects
  • Reviewing limited tax revenue refunding bonds

What criteria will determine the success of the housing projects funded by the $21 million allocation?

Committee Members

Candace Avalos
Candace Avalos D1
Elana Pirtle-Guiney
Elana Pirtle-Guiney D2
Steve Novick
Steve Novick D3
Mitch Green
Mitch Green D4
Eric Zimmerman
Eric Zimmerman D4

Recent Meetings

Feb 9 2026
Finance Committee

Portland City Council Finance Committee 02/09/26

In this meeting, the Portland City Council Finance Committee approved the minutes from the December 8, 2025 meeting and passed three key ordinances. The first ordinance authorized the city to proceed with refunding outstanding bonds to secure lower interest rates, which will reduce annual payment requirements on these bonds. The second ordinance approved the declaration of certain properties as surplus...

3 votes Read Full Summary →
Jan 26 2026
Finance Committee

Portland City Council Finance Committee 02/23/26

The Portland City Council Finance Committee discussed and approved several key ordinances, including a significant amendment to the business license tax exemption, which aims to support small businesses by increasing the exemption threshold gradually to $100,000 by 2027. This change is expected to benefit approximately 10,000 small businesses, particularly sole proprietors. Another critical ordinance passed allows the city to legally...

3 votes Read Full Summary →
Jan 13 2026
Finance Committee

Portland City Council Finance Committee 01/12/26

Date: January 13, 2026 Summary The Portland City Council Finance Committee convened on January 12, 2026, to discuss and vote on several key issues, primarily focusing on housing and homelessness. A significant portion of the meeting was dedicated to discussing a supplemental budget for the Portland Housing Bureau for fiscal year 2025-2026, which included the allocation of nearly $21 million...

Jan 6 2026
Finance Committee

Portland City Council Finance Committee 01/05/26

The Portland City Council Finance Committee convened on January 5, 2026, to discuss several key items including the approval of previous meeting minutes, the acceptance of the City Annual Comprehensive Financial Report for the fiscal year ending June 30, 2025, and the approval of a Plan of Action in response to findings of material weakness by outside auditors for the...

2 votes Read Full Summary →
Dec 9 2025
Finance Committee

Portland City Council Finance Committee 12/08/25

The Portland City Council Finance Committee met on December 8, 2025, to discuss several key issues including the transparency of city reserves and contingencies, a new pilot project for budget transparency in the Parks Bureau, and amendments to intergovernmental agreements for tax administration and sidewalk repairs. The committee expressed a need for clearer categorization and transparency in how reserves and...

4 votes Read Full Summary →
Nov 18 2025
Finance Committee

Portland City Council Finance Committee 11/17/25

Date: November 17, 2025 Summary The Portland City Council Finance Committee convened on November 17, 2025, to discuss several key issues affecting the city's infrastructure and finance. The meeting opened with an update on the State Emergency Transportation Package, which was recently passed and provides temporary funding relief for Portland's transportation needs. However, it was noted that this funding is...

Nov 11 2025
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...

5 votes Read Full Summary →
Nov 4 2025
Finance Committee

Portland City Council Finance Committee

The Portland City Council Finance Committee convened on November 3, 2025, to discuss the adoption of the Fiscal Year 2025-2026 Fall Supplemental Budget among other budget-related changes. Chief Financial Officer Jonas Berry presented the Fall Technical Adjustment Ordinance, emphasizing its role in aligning the budget with fiscal year-end results, correcting errors, and complying with budget law. The meeting also addressed...

Oct 21 2025
Finance Committee

Portland City Council Finance Committee 10/20/25

The Portland City Council Finance Committee convened on October 20, 2025, to discuss several key issues affecting the city's budget and infrastructure. The meeting opened with a detailed inquiry into the adjustments made to the city budget, specifically questioning the source and allocation of an additional $52 million. Concerns were raised about the transparency and management of past projects, notably...

2 votes Read Full Summary →
Sep 23 2025
Finance Committee

Portland City Council Finance Committee 09/22/25

The Portland City Council Finance Committee met on September 22, 2025, to discuss several key issues including the upcoming fiscal year's budget process and improvements, the implementation of a Flood Safety Benefit Fee, and property-related decisions for construction on Northeast 122nd Avenue. The committee agreed on the necessity of earlier budget discussions to better prepare for fiscal challenges and reviewed...

2 votes Read Full Summary →