Portland Mayor Sam Adams releases his 2010-11 city budget today, focused on “a more equitable recovery.”
Portland Mayor Sam Adams will release a 2010-11 budget today, which includes no cost-of-living increases for city workers and protects city reserves.
The mayor has described the budget as basic and lean with targeted invesments for “a more equitable recovery” from the recession.
The mayor doesn’t give himself the extra education adviser he wanted, but he will deliver on a State of the City pledge to find $500,000 for community college scholarships. A novel mix of general fund money and sewer and water savings will pay for students to attend school and get on-the-job training in the water and environmental services bureaus…
The current one-year budget totals about $3.5 billion, with $472 million from the general fund, which includes property taxes, business licenses and utility fees. He asked bureaus last year to cut 2 to 4 percent from their budgets for 2010-11. The actual amount of the 2010-11 budget, which takes effect July 1, won’t be known for several weeks.
Read the whole story at OregonLive.com.
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