Commissioner Carmen Rubio commended Mayor Wheeler and the City Budget Office for successfully navigating a difficult budget year with a proposal that reflects the city’s priorities. The budget emphasizes critical investments aimed at supporting small businesses and implementing permitting reforms, marking a significant step in improving city operations. A highlight of the proposal is the Portland Clean Energy Fund (PCEF), which is set to allocate over $600 million over the next five years to various community and environmental initiatives. This funding will provide immediate relief to the General Fund, saving it $38. 4 million in the Fiscal Year 24-25.

Specifically, PCEF will support projects related to electric vehicle infrastructure, renewable energy adoption, and the preservation of low-income housing. The consolidation of permitting teams under one authority also signifies a historic shift in how permits are managed in Portland. The budget proposal is now set to undergo public review and discussion within the City Council, with a final decision anticipated during the week of June 17. Rubio emphasized that these investments align with community-driven values and are vital for the city’s growth and sustainability.