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Portland-Area Governments Have Too Much Funding?

Posted on March 25, 2024   |   Updated on September 30, 2025
City Cast Portland staff

City Cast Portland staff

Canvas bag with gold

What will happen to the extra money? (Caspar Benson / Getty Images)

There’s a problem right now that’s nearly unheard of in the public sector.

Portland area governments are having trouble spending all the tax money available to them. That’s the case with revenue from two measures passed by Portland-area voters.

Currently, elected officials are fighting over the dollars, but ultimately the issues may end up up on the November ballot:

Build Housing With Homelessness Dollars?

The regional government Metro is considering going to voters in November to find a new way to use excess revenue from the homeless services measure. Current Metro projections show there will be $431 million in unspent funds at the end of this fiscal year. Officials there have proposed using the funds to build more affordable housing, but that idea now faces notable opposition. The Multnomah, Clackamas, and Washington county chairs say they’ll find a way to quickly spend those excess millions on their intended purpose: services for people experiencing homelessness. [Willamette Week]

Carmen Rubio’s Reversal on Climate Dollars

City Commissioner Carmen Rubo initially proposed using $3 million in interest from the Portland Clean Energy Fund revenues to help fill a budget hole for Portland Street Response. There is a financial problem at the city’s program for sending mental health professionals to non-emergency crises on the streets. And the clean energy fund has generated more revenue than expected. But now Rubio has reversed course after local environmental advocates opposed this use of the climate fund.

City Commissioner Rene Gonzalez, on the other hand, still wants to use that money and is pushing the City Council to use all of the $12 million in yearly interest from the fund for public safety expenditures, including Portland Street Response. Gonzalez also wants a ballot referral to cap the amount spent on climate, redirecting the rest of the clean energy fund revenues to other city services. (Both commissioners are running for mayor.) [Oregonian 🔒]

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