Finance

3 Stories
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...

Read on...

Finance Department
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...

Read on...

Treasury Office
Posted on: May 17, 2016

City Council Approves $236 Million FY17 Municipal Budget

The Portland City Council approved the FY17 municipal budget at its May 16, 2016 meeting. The $236 million budget will result in a 2.3% combined property tax increase resulting in a mill rate of $21.11. Thanks to many positive budget drivers, including a ...Read on...

Finance Committee