Prosperous. Healthy. Educated. Equitable.
Last week, as part of the Portland Plan, the City Council adopted these as the official goals for the City ofPortland.
The Mayor's Proposed Budget, which I am announcing today, invests in achieving these interlocking goals: To help businesses create jobs to boost family incomes, keep people safer and healthy, maintain the momentum of local education reforms by preventing deeper school teacher layoffs, and lay the groundwork and provide action towards a more equalPortland.
In terms of the city's fiscal fundamentals, during tough times like this, it may be tempting to draw from the City's General Reserve fund. But that would be a short-sighted maneuver that would increase the City's risk and decrease the City's development. By prudently avoiding using the General Reserve fund, the City has saved taxpayer dollars by maintaining its AAA credit rating, a rating shared by less than seven percent ofU.S.cities... MORE: portlandonline.com/mayor/index.cfm?c=49278&a=396028
Featured in this video: Josh Harwood (Portland City Economist), Rich Goward Jr. (Portland City Chief Financial Officer), Carole Smith (Portland Public Schools Superintendent), Gwen Sullivan (Portland Association of Teachers President), Donald Grotting (David Douglas Superintendent), and Mayor Sam Adams.
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