Name: City of Portland sounds alarm on $27M budget shortfall
Channel: TEGNA

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City of Portland sounds alarm on $27M budget shortfall

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Description

The city blames the shortfall in the general fund on low property tax revenue, which took a hit during the COVID-19 lockdown and hasn't fully recovered. Now the new city government will have to figure out what to cut. Read more: https://www.kgw.com/article/news/local/the-story/portland-budget-cuts-27-million-dollar-shortfall/283-157a72b9-3e7f-4a01-97a2-719006811e08 Watch more The Story videos: http://bit.ly/watchTheStory Follow The Story on Twitter: https://twitter.com/TheStoryKGW Follow The Story on Instagram: https://instagram.com/thestorykgw

Station

KGW

Keywords

the-story local money news politics City of Portland Portland budget Portland government Portland City Council Portland Mayor

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