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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, June 30, 2014
Oregon Business magazine won two silver awards for excellence in writing in the National American Society of Business Publication Editors Western region competition.
Monday, July 14, 2014
BY TERRY "STARBUCKER" ST. MARIE
I really didn’t know that much about angel investing, but I did know a lot about the entrepreneurial spirit.
Thursday, June 05, 2014
BY HANNAH WALLACE | OB BLOGGER
What does it take to launch and run one of these mobile food businesses?
Thursday, June 26, 2014
Tuesday, June 03, 2014
Citing the transition to catch shares management as a key to rebuilding stocks and reducing bycatch, 13 species caught by the West Coast trawl fishery today earned designation from the Marine Stewardship Council (MSC) as sustainable.
Thursday, June 12, 2014
BY ANDREA DURBIN | OB GUEST BLOGGER
Last week, the Obama administration took an important and welcomed step in the effort to protect the health and well-being of all Oregonians by limiting carbon pollution from existing power plants.
Friday, June 13, 2014
BY CLIFF HOCKLEY | OB GUEST BLOGGER
This article summarizes the key considerations a building owner must keep in mind when thinking about leasing to a medical marijuana dispensary.
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