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Portland facing possible 9.5% tax hike as city council begins budget process

Por: Portland Press Herald Nation January 23, 2024

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Jon Malia shovels in front of Portland City Hall on Jan. 16. Derek Davis/Staff Photographer The city of Portland could bump the city’s tax rate up to 9.5% next year because of a $20.3 million loss in funding in the upcoming fiscal year. The City Council got a first look Monday night at the city’s financial future and some of the challenges they will face in the upcoming budget year. The presentation was the first in a series of public... + full article



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