TL;DR (generated · confidence: high)

Package 23,778 is a Parks & Recreation balancing package that redistributes General Fund reductions across all Parks & Recreation decision packages while managing the Parks Levy Fund balance. It allows decision-makers to determine enterprise General Fund reductions while preserving Parks Levy resources for operations through FY2025-26 without creating a negative fund balance. This is the fifth and final year of the 2020 Parks Levy.

Key points (each cites a PDF page):

Package 23,778: Parks & Recreation 487110 Balancer, status Recommended (p. 1684)
$15,627,555 Fund Transfers - Revenue (General Fund Discretionary) (p. 1684)
$15,627,555 Fund Transfers - Expense and Contingency to Parks Levy Fund 232000 (p. 1684)
Reduction in cash transfer expense roughly twice the General Fund reduction amount required to maintain positive Parks Levy Fund balance (p. 1684)
Final year of the 2020 Portland Parks Local Option Levy (p. 1684)
Bureau Director: Adena Long; Service Area Lead: Sonia Schmanski; Service Area: Vibrant Communities (p. 1684)
No anticipated equity impacts directly linked to this package (p. 1684)

💰 $15,627,555 · 📋 2020 Portland Parks Local Option Levy · 🏛️ Portland Parks & Recreation

23,778

Source: PDF p. 1684 · raw: 1684

Breadcrumb: 7 vs › vc-dps_06-03-2025_16-20 › Package Details › 23,778

23,778 - Parks & Recreation 487110 Balancer Service Area Vibrant Communities DCA Sonia Schmanski Bureau Name Portland Parks & Recreation Director Adena Long Funding Type Name Funds Management Balancing Status: Recommended Package Desc Revenue Recommended Total This package allows the balancing of reductions for all of the decision packages for Parks & Fund Transfers - Revenue ($15,627,555) Recreation such that the General Fund current appropriation level (CAL) meets the expected (or General Fund Discretionary $15,627,555 required) reduction level and the remainder is dedicated to reduction in use of the 2020 Portland Parks Local Option Levy. This package can be modified to accommodate changes in any of the $0 other packages that impact General Fund discretionary resource reductions. A reduction in cash transfer expense roughly twice the amount of the General Fund reduction is required to maintain a Expense Recommended Total positive Parks Levy Fund balance, and this package functions to reduce Fund 232000 expense for every dollar not required for the General Fund reduction. Contingency $15,627,555 Fund Transfers - Expense ($15,627,555) Service Impacts $0 The principal service level impact of this package is apportionment of the reduction between General Fund and Parks Levy resources for the entire set of PP&R's decision packages. Those packages have direct impacts. The principal impact of this package is to allow decision-makers to determine the enterprise General Fund reduction to PP&R and VCSS while maximizing preservation of Parks Levy resources in order to allow them to fund operations through the close of FY2025-26 without risk of creating a negative fund balance. That is the fifth and final year of the 2020 Parks Levy. Equity Impacts There are no anticipated equity impacts directly linked to this package.

Parent: Package Details · PDF: p. 1684