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Article: Portland, Ore., Faces Budget Shortfall for Next Year.(Knight Ridder/Tribune Business News)
- Article from:
- Knight Ridder/Tribune Business News
- Article date:
- January 16, 2001
- Author:
CopyrightCOPYRIGHT 2001 Knight-Ridder/Tribune Business News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Jan. 16--Portland officials are predicting a budget shortfall for next year and water and sewer rate increases from 6 percent to 9 percent, bad news that already has council members angling to protect their bureaus' turf.
Vera & the Voters Discuss the budget and other issues with Portland mayor Vera Katz in her weekly chat show, at 12:30 p.m. every Tuesday
Portland officials are following Multnomah County, the state and Portland Public Schools in delivering dour estimates, citing an expected slowdown in local business income tax collections and in utility franchise fees as a result of deregulation.
Portland will have $284 million in ...