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|Friday, May 04, 2012|
Portland Mayor Sam Adams released his proposed budget for the next fiscal year.
The total general fund, discretionary budget is around $400 million. It reduces general fund spending by $14.7 million. The proposed budget does not tap into the city's reserves, however, something Adams says would have threatened the AAA bond rating that keeps interest rates low on bond sales.
Adams says the cuts are required because of the lingering recession that has reduced property tax, business license and other general fund collections. Adams says the cuts are not as steep as they might have been because the City Council has reduced spending since the recession began in 2008.
In a last-minute decision, Adams is proposing to give $7.5 million to school districts within the city limits to help offset proposed budget cuts, including $5 million to the Portland Public Schools. Of that amount, $7 million comes from the general fund and $500,000 from other sources.
Read more at The Portland Tribune.
Monday, January 26, 2015
BY KIM MOORE
After more than a decade of wrangling, construction on a convention center hotel in Portland is slated to start this summer. But debate over project financing continues.
Tuesday, February 24, 2015
BY KIM MOORE | OB RESEARCH EDITOR
A conversation with Donna Earley, director of sales and marketing for the Salem Convention Center.
Friday, February 20, 2015
BY JOE CORTRIGHT | OB CONTRIBUTOR
"Shipping containers to Portland is like waiting for a bus that travels once a day."
Friday, March 06, 2015
BY JEFF DELKIN | OP-ED CONTRIBUTOR
As a local business owner, I believe it’s important to build our economy on a platform of conservation values.
Tuesday, March 10, 2015
BY JACOB PALMER | OB DIGITAL NEWS EDITOR
Baseball is returning to Portland and city officials are hoping economic opportunity comes with it.
Thursday, March 26, 2015
BY JACOB PALMER
Enjoying a power lunch at Court Street Dairy Lunch in Salem.
Tuesday, January 27, 2015
Smartwatches are all the rage. But old-fashioned timepieces keep on ticking.
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It’s happening whether anyone’s ready or not. Businesses here in Oregon and across the U.S. are already experiencing the effects of the largest generational shift in recent history, and these changing tides will impact every level of the workplace — from a company’s executive leadership to its cultural core.
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Registration is now open for Portland Business Alliance’s Annual Meeting, one of the largest business gatherings in Portland each year.
The Commission helps to advance the professionalism, equality and efficiency of Oregon's judicial branch of government.
QuickBooks Enterprise Users Attend Free