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Metro cuts budget

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High Five
Friday, April 02, 2010

Metro will cut its 2010-11 budget by 8.2% to $425 million, a move that will eliminate 10 positions.

The budget cut is meant to maintain its many regional services, planning programs and event venues until the economy turns around.

Metro coordinates land-use and transportation planning in the tri-county Portland area, runs the Oregon Zoo, pioneer cemeteries and a golf course, oversees garbage collection and recycling, owns regional parks and operates the Oregon Convention Center, the Portland Metropolitan Exposition Center and the Portland Center for the Performing Arts.

Its that wide range of services that make Metro more susceptible to economic ripples than other local governments, [Chief Operating Officer Michael Jordan] said. Its largest source of money is not property taxes, but "enterprise revenue" -- including money paid for direct services such as a ticket to the zoo or a show, or tonnage fees imposed on garbage haulers.

Read the full story at OregonLive.com.

{biztweet}Portland Metro budget{/biztweet}

 
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