Portland faces major cash crunch as city sees drop in expected tax revenue

Published on: 09/17/2025

This news was posted by Oregon Today News

Description

The projected fiscal gap has heightened the alarm of Portland officials already spooked by sluggish city property taxes as well as potentially devastating state and federal funding losses.

Portland leaders are facing a significant cash crunch just months after adopting the city’s budget for this fiscal year.

News Source : https://www.oregonlive.com/politics/2025/09/portland-faces-major-cash-crunch-as-city-sees-drop-in-expected-tax-revenue.html

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