Approval of the FY 2026-27 Budget for the City of Portland (Council convenes as Budget Committee)

TO:Mayor Keith WilsonCouncil President Jamie DunphyCouncil Vice President Olivia ClarkCouncilor Candace AvalosCouncilor Loretta SmithCouncilor Sameer KanalCouncilor Elana Pirtle-GuineyCouncilor Dan RyanCouncilor Tiffany Koyama LaneCouncilor Angelita MorilloCouncilor Steve NovickCouncilor Mitch GreenCouncilor Eric ZimmermanCity Auditor Simone RedeFROM: Ruth Levine, City Budget DirectorDATE: May 12, 2026SUBJECT: Approval of the FY 2026-27 Budget for the City of PortlandWith this memo, the City Budget Office conveys a package of information to aid the Council in considering changes to the Proposed Budget and moving to an Approved Budget for submittal to the Tax Supervising and Conservation Commission (TSCC). Attached to this memo are the following documents:Attachment A: A step-by-step description of the process for consideration of and deliberation on changes to the FY 2026-27 Proposed Budget at the May 18th Budget Committee meetingAttachment B: Summary of adjustments to the FY 2026-27 Proposed Budget by fund and major object categoryAttachment C: Budget Notes as Proposed for the ApprovedAttachment D: Tax increment collections planned for the City's Urban Renewal DistrictsAttachment E: Classifications in Standard Pay GradesAttachment F: Non-represented Classifications in Standard Pay GradesAttachment G: Classifications in Non-Standard Pay GradesAttachment H: Pre-filed amendmentsAttachment I: Technical Correction Decision Package Report and Appropriation TablesCity Council will present and discuss budget adjustments and budget notes to be incorporated into the Approved Budget beginning on Monday, May 18, 2026. The Council will have the opportunity to make further amendments to the budget as part of the Adopted Budget process scheduled for first reading on June 10, 2026.