Date: October 22, 2025
Summary
The Portland City Council convened a work session on October 22, 2025, to preview the Fall Technical Adjustment Ordinance (TAO) for the fiscal year 2025-26, focusing on budget adjustments necessary to align the city’s finances. The Chief Financial Officer, Jonas Berry, led the presentation, emphasizing the need for transparency and the adjustments required to maintain a balanced budget. The session also covered the economic and revenue outlook, highlighting concerns about lower-than-expected revenues which could impact budgetary decisions. Council members expressed a need for clarity on various budget adjustments and requested detailed follow-ups on specific expenditures and policy implications. The discussion underscored the importance of strategic financial management in facing economic uncertainties and preparing for the 2627 budget cycle.
Key Points
- Discussion on the Fall Technical Adjustment Ordinance (TAO) for budget adjustments and realignments
- Review of economic and revenue outlook affecting the city’s budget
- Detailed examination of the 2627 budget process and anticipated issues
Watch Full Meeting
No votes were recorded in this meeting.
Action Items
- Council members to submit detailed questions and concerns in writing for further clarification and response from the CFO and budget team
- Further discussion and potential amendments to be addressed in upcoming Finance Committee meeting before moving to full council