Adopt the Budget Calendar for FY 2027-28

WHEREAS, on October 30, 2002, City Council approved Ordinance 176988, authorizing a contract with the Government Finance Officers Association (GFOA) for an assessment of the City's budget systems and processes; andWHEREAS, in July 2003, GFOA presented its Analysis and Recommendations of the Operational Review of the Budget Function; andWHEREAS, one of the recommendations included in GFOA's report was that City Council should adopt the Budget Calendar to express its commitment to the smooth and orderly development process; andWHEREAS, on October 15, 2003, City Council adopted Resolution 36173 directing the City Budget Office (formerly Financial Planning Division) to annually prepare a Budget Calendar for adoption by resolution by the Council; andWHEREAS, the Council acknowledges that the City's budgeting process is iterative and dynamic, and while budget events and specific dates may change, the adoption of the Budget Calendar for FY 2025-26 formalized the plan and approach envisioned by Council; andWHEREAS, the proposed FY 2026-27 budget process and calendar reflects further lessons learned from the FY 2025-26 budget development process and the ongoing project of unifying Portland's government under the new Charter;WHEREAS, on February 19, 2026, Council adopted Resolution 37741, creating a streamlined Committee structure and legislative calendar, superseding the Committee structure that was in place during the FY 2025-26 budget process;WHEREAS, Council suspended Committee meetings and re-scheduled certain regular Council meetings during the FY 2025-26 budget process to allow for an effective and streamlined budget calendar.WHEREAS, Exhibit B details all Council Committee meetings and adjustments necessary to accommodate the FY 2027-28 budget calendar. NOW, THEREFORE, BE IT RESOLVED, that the City of Portland adopts the Budget Calendar for FY 2027-28, and the budget process outlined therein, as outlined in Exhibit A.BE IT FURTHER RESOLVED that the City of Portland re-states and re-adopts the Standing Committee Calendar Rules, adopts the schedule of Council Recesses for Calendar Year 2027, and adopts necessary exceptions to the Standing Committee Calendar Rules pursuant to the FY 2026-27 Budget Calendar and the Council Recess Calendar.