{"id":13116,"date":"2025-01-09T13:05:54","date_gmt":"2025-01-09T20:05:54","guid":{"rendered":"https:\/\/mattfife.com\/?p=13116"},"modified":"2025-01-04T21:57:58","modified_gmt":"2025-01-05T04:57:58","slug":"portland-gets-an-f-in-city-finances","status":"publish","type":"post","link":"https:\/\/mattfife.com\/?p=13116","title":{"rendered":"Portland gets an F in city finances"},"content":{"rendered":"\n<p>A 2024 report on city finances report gave Portland a full on &#8216;F&#8217; for the state of it&#8217;s finances. Primarily due to the incredible debt burden of each resident. This isn&#8217;t a surprise considering <a href=\"https:\/\/mattfife.com\/?p=7991\" data-type=\"link\" data-id=\"https:\/\/mattfife.com\/?p=7991\">Portland has the second highest tax rates in the country<\/a>, and <a href=\"https:\/\/www.wweek.com\/news\/2025\/01\/01\/the-city-of-portland-projects-a-27-million-budget-shortfall-but-it-will-balloon-to-much-more\/\" data-type=\"link\" data-id=\"https:\/\/www.wweek.com\/news\/2025\/01\/01\/the-city-of-portland-projects-a-27-million-budget-shortfall-but-it-will-balloon-to-much-more\/\">is currently facing a $27 million budget shortfall<\/a> (especially as it&#8217;s <a href=\"https:\/\/www.koin.com\/local\/clark-county\/sw-washington-population-boom-linked-to-portland-exodus-new-report\/\" data-type=\"link\" data-id=\"https:\/\/www.koin.com\/local\/clark-county\/sw-washington-population-boom-linked-to-portland-exodus-new-report\/\">tax base flees across the state line to Vancouver<\/a> and <a href=\"https:\/\/www.bizjournals.com\/portland\/news\/2023\/04\/20\/advancing-portland.html\" data-type=\"link\" data-id=\"https:\/\/www.bizjournals.com\/portland\/news\/2023\/04\/20\/advancing-portland.html\">businesses increasingly are leaving as well<\/a>)<\/p>\n\n\n\n<p>Read more about the state of the cities finances as well as thoughts of your favorite other major US cities.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><a href=\"https:\/\/www.truthinaccounting.org\/library\/doclib\/Financial-State-of-the-Cities-2024.pdf\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"590\" height=\"884\" data-attachment-id=\"13117\" data-permalink=\"https:\/\/mattfife.com\/?attachment_id=13117\" data-orig-file=\"https:\/\/i0.wp.com\/mattfife.com\/wp-content\/themes\/mattTheme\/headerimgs\/2025\/01\/financial-state2.jpg?fit=590%2C884&amp;ssl=1\" data-orig-size=\"590,884\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;matt&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1735992115&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"financial-state2\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/mattfife.com\/wp-content\/themes\/mattTheme\/headerimgs\/2025\/01\/financial-state2.jpg?fit=200%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/mattfife.com\/wp-content\/themes\/mattTheme\/headerimgs\/2025\/01\/financial-state2.jpg?fit=590%2C884&amp;ssl=1\" src=\"https:\/\/i0.wp.com\/mattfife.com\/wp-content\/themes\/mattTheme\/headerimgs\/2025\/01\/financial-state2.jpg?resize=590%2C884&#038;ssl=1\" alt=\"\" class=\"wp-image-13117\" style=\"width:590px;height:auto\" srcset=\"https:\/\/i0.wp.com\/mattfife.com\/wp-content\/themes\/mattTheme\/headerimgs\/2025\/01\/financial-state2.jpg?w=590&amp;ssl=1 590w, https:\/\/i0.wp.com\/mattfife.com\/wp-content\/themes\/mattTheme\/headerimgs\/2025\/01\/financial-state2.jpg?resize=200%2C300&amp;ssl=1 200w, https:\/\/i0.wp.com\/mattfife.com\/wp-content\/themes\/mattTheme\/headerimgs\/2025\/01\/financial-state2.jpg?resize=180%2C270&amp;ssl=1 180w\" sizes=\"auto, (max-width: 590px) 100vw, 590px\" \/><\/a><\/figure>\n<\/div>\n\n\n<p>Articles:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.truthinaccounting.org\/library\/doclib\/Financial-State-of-the-Cities-2024.pdf\">https:\/\/www.truthinaccounting.org\/library\/doclib\/Financial-State-of-the-Cities-2024.pdf<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.wweek.com\/news\/2025\/01\/01\/the-city-of-portland-projects-a-27-million-budget-shortfall-but-it-will-balloon-to-much-more\/\">https:\/\/www.wweek.com\/news\/2025\/01\/01\/the-city-of-portland-projects-a-27-million-budget-shortfall-but-it-will-balloon-to-much-more\/<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>A 2024 report on city finances report gave Portland a full on &#8216;F&#8217; for the state of it&#8217;s finances. Primarily due to the incredible debt burden of each resident. This isn&#8217;t a surprise considering Portland has the second highest tax rates in the country, and is currently facing a $27 million budget shortfall (especially as it&#8217;s tax base flees across the state line to Vancouver and businesses increasingly are leaving as well) Read more about the state of the cities&#8230;<\/p>\n<p class=\"read-more\"><a class=\"btn btn-default\" href=\"https:\/\/mattfife.com\/?p=13116\"> Read More<span class=\"screen-reader-text\">  Read More<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[9,12],"tags":[],"class_list":["post-13116","post","type-post","status-publish","format-standard","hentry","category-cool","category-local-interest"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p4WECr-3py","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/mattfife.com\/index.php?rest_route=\/wp\/v2\/posts\/13116","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mattfife.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mattfife.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mattfife.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/mattfife.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13116"}],"version-history":[{"count":3,"href":"https:\/\/mattfife.com\/index.php?rest_route=\/wp\/v2\/posts\/13116\/revisions"}],"predecessor-version":[{"id":13156,"href":"https:\/\/mattfife.com\/index.php?rest_route=\/wp\/v2\/posts\/13116\/revisions\/13156"}],"wp:attachment":[{"href":"https:\/\/mattfife.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13116"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mattfife.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13116"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mattfife.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13116"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}