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Posted on: March 31, 2021

City Manager Pushes FY22 Budget Presentation to April 26 Meeting to Allow for Final ARP Guidance

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City Manager Jon Jennings announced today that he is pushing back his FY22 municipal budget presentation, originally slated to be given during the City Council’s April 5 meeting, in order to confirm guidance from the U.S. Treasury Department regarding the permitted use of the American Rescue Plan (ARP) funds. He will now unveil his FY22 recommended municipal budget at the Council’s April 26 meeting. 

“Since my recommended budget does anticipate the use of American Rescue Plan funds to offset City revenue losses triggered by the pandemic in order to greatly minimize the property tax rate impact on the taxpayers, I believe it is prudent to delay the budget process by a few weeks,” said City Manager Jon Jennings. “ARP funds are to be distributed by the middle of May per the federal legislation so we do believe this slight delay will allow us to have a better understanding of the rules. This will hopefully help us avoid having to make any changes after the fact.” 

“I am fully supportive of the City Manager’s decision to delay his budget presentation so that we can have an accurate understanding of not only how much federal funding Portland will be receiving, but the ways in which it can be spent,” said Mayor Kate Snyder. “Using these funds in the most strategic ways will be crucial to helping us recover from the effects of the COVID-19 pandemic.”

Following the City Manager’s presentation on April 26, the Council’s Finance Committee will hold several meetings in late April and early May to discuss the budget. The City Council will hold a first reading of the FY22 budget during its May 17, 2021 meeting and a second read and vote during its June 7, 2021 meeting.

The Finance Committee is scheduled to hold a second joint City/School budget meeting on April 8, 2021 at 5:00 PM.  As additional meetings are scheduled, they can be found on the City’s website calendar or on the Finance Committee webpage.


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