Wanna follow the budget hearing on economic stability tonight, but don& #39;t want to watch? We& #39;ll be live tweeting!
We& #39;re starting! The council agreed on three shared issues, and economic stabilization is one of them. There& #39;s time at the end for any issue. We& #39;ll get a debrief from the budget director, then invited testimony, then general testimony, then closing remarks
Budget 101 from Jessica Kinnard, the city& #39;s budget director. The city works with the counties (Mult, Clark, WA) in the area; Trimet, and Metro. The city does transportation, public utilities, public safety, parks and rec, community development, and city support services
Total budget figures: $5.6 billion, including both dedicated and discretionary money. Only about 10% is discretionary, which is relatively small.
The discretionary funds are primarily going to public safety, with the police getting the most (boo!)
The city is expecting a $20.2 deficit for this forecast.
Jessica is talking about how every office of the city is engaged in economic stabilization. Go here to testify! https://www.portlandoregon.gov/cbo/article/622229">https://www.portlandoregon.gov/cbo/artic...
We& #39;re headed to invited testimony now. Last time, it was a ton of non-profits, so we& #39;ll see if it& #39;s the same this hearing.
We& #39;ve got Jan Mason first, who represents culturally specific chambers of commerce. She& #39;s asking for investment in small and newly-created buisiness
We& #39;ve got Jan Mason first, who represents culturally specific chambers of commerce. She& #39;s asking for investment in small and newly-created buisiness