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Portland and Cincinnati face looming multi-million dollar budget shortfalls

1 min read
Source: Oregon Public Broadcasting - OPB
Portland and Cincinnati face looming multi-million dollar budget shortfalls
Photo: Oregon Public Broadcasting - OPB
TL;DR

Portland faces a projected $67 million budget shortfall next year due to federal tax cuts, stagnant growth, and rising expenses, with city officials preparing for potential cuts amid ongoing financial challenges.

Topics:businesspolitics#budget-shortfall#city-revenue#economic-forecast#federal-tax-cuts#politics#portland
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  1. Portland faces a budget shortfall of at least $67 million next year  Oregon Public Broadcasting - OPB
  2. Portland could see a $70M budget shortfall next year  Axios
  3. Portland's City Economist Releases General Fund Forecast to Guide Fiscal Year 2026-27 Budget Planning  Hoodline
  4. ‘Really concerning’: City of Cincinnati’s projected deficit soars as taxes on business profits fall  The Business Journals

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