Multnomah County is staring down a $10.5 million deficit for the 2027 fiscal year, new forecasts show. That figure doesn’t include over $30 million in programs paid for with one-time funds that the county might not have the funding to continue next year either.
Stagnant property values and increased costs for services, supplies and employees have once again put the county in a fiscal crunch, according to county Economist Jeff Renfro.
County forecasts show an expected $789 million in general fund revenue, the county’s largest pot of discretionary dollars, and just under $800 million in expenditures from that pool of funds. Lower than expected state funding and uncertainty in federal support could deepen the county’s overall deficit…