Adopt the FY 2025-26 Fall Supplemental Budget and make other budget related changes

The City of Portland ordains.Section 1. The Council finds:Exhibit 1, attached, includes all incremental changes to the City appropriation schedule as a result of the Fall Supplemental Budget Process.A memorandum, attached as Exhibit 2, identifies programs, projects, or activities that require appropriation adjustments or transfer or appropriation within bureau and fund budgets.Exhibit 3, attached, shows, for informational purposes, a reconciliation of changes to all funds.Exhibit 4, attached, shows, for informational purposes, all requests materially affecting the General Fund.Exhibit 5, attached, shows all position changes.Exhibit 6, attached, shows all bureau decision package narrative with corresponding high-level financial information.Exhibit 7, attached, includes the Fall TAO memo published by the City Budget Office that explains changes of note.City financial policy FIN 2.03 dictates that "at least fifty-percent (50%) of General Fund discretionary revenue that exceeds budgeted beginning balance (adjusted for the difference in encumbrance carryovers and Council-authorized carryovers from the prior fiscal year) will be set aside during the Fall budget monitoring process for allocation to infrastructure maintenance or replacement in the subsequent budget process. This funding shall be allocated for projects relating to emergency preparedness, parks and recreation, and transportation." In FY 2025-26, there is a negative balance of General Fund discretionary after adjusting for budgeted beginning fund balance and encumbrance carryovers, and therefore this policy is not applicable to this ordinance. NOW, THEREFORE, the Council directs:The FY 2025-26 Appropriation Schedule is hereby amended by adjusting appropriations for certain expenditures in various funds as indicated by the increases and decreases presented in Exhibit 1; explanation of these changes are provided in the memorandum attached as Exhibit 2.The City Budget Office is directed to adjust FY 2026-27 General Fund Current Appropriation Level targets, as outlined in Exhibit 2, to reflect the addition of $4,455,568 in health benefit expenses to build up the health fund reserve.The number of authorized positions in the FY 2025-26 Revised Budget is hereby amended as presented in Exhibit 5.The actions amending the FY 2025-26 Revised Budget contained in this ordinance are binding City policy.