Finance

8 Stories
Posted on: September 21, 2017

New Digital Parking Citation Management Software Begins September 22

news alert

The days of handwriting parking citations are over for the City of Portland. Passport, an industry leader in parking enforcement and citation management software, has launched its citation management platform for the city. The new tickets will begin appea...

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Parking Department Finance
Posted on: September 20, 2017

Finance Committee to Discuss Proposed Senior Tax Equity Program & LED Street Lighting Conversion

news alert

The City Council’s Finance Committee will discuss the Mayor’s proposed senior tax equity program and hear an update on the LED street lighting conversion at its Thursday, September 21, 2017 meeting. The meeting will be held at 5:30 PM in City Cou...

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Finance
Posted on: August 4, 2017

Portland Receives Certificate of Achievement for Excellence in Financial Reporting

Finance Award

The Certificate of Achievement for Excellence in Financial Reporting has been awarded to City of Portland by Government Finance Officers Association of the United States and Canada (GFOA) for its June 30, 2016 comprehensive annu...

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Finance
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