Finance

5 Stories
Posted on: May 16, 2017

City Council Approves FY18 Municipal Budget

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$240 million budget emphasizes core city services, fulfills many priorities resulting in  2.6% property tax increase and a mil rate of $21.65

The Portland City Council approved the Fiscal Year 2018 (FY18) municipal budget, which begins July 1, 201...

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Finance Committee Finance
Posted on: May 1, 2017

Final Review Schedule for FY18 School & City Budget

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The City Council’s Finance Committee is in the midst of reviewing the City Manager’s Recommended FY18 municipal budget. It has held meetings every Thursday during the month of April. Tonight, the Council will hold a public hearing about the budget during ...

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Additional Info... Finance
Posted on: April 5, 2017

City Manager Presents Recommended FY18 Budget to City Council

fy 18

Portland City Manager Jon Jennings presented his recommended municipal budget for Fiscal Year 2018 (FY18), which begins July 1, 2017, to the City Council at its April 5 meeting. The $240 million budget results in a 2.5% combined property tax increase or $...

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Finance Committee Finance
Posted on: February 28, 2017

S&P Updates Credit Rating for Portland to AA+

The City of Portland received excellent financial news over the weekend. The Standard & Poor's Global Ratings ("S&P") raised its rating on Portland, Maine's general obligation (GO) debt up to 'AA+' from 'AA'. This elevates the City of Po...

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Finance Department Finance
Posted on: January 3, 2017

Treasury Office Now Opens at 8:30 AM

The City of Portland today announced that the City’s Treasury Office will now be open from 8:30 AM to 4:30 PM, Monday-Friday. Previously, the office opened at 9:00 AM.

“We’ve made this change as part of our ongoing effort to improve customer service and re...

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Treasury Office Finance