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Commissioner Steve Novick

Official Website for Commissioner Steve Novick

Phone: 503-823-4682

fax: 503-823-4019

1221 SW 4th Ave. Suite 210, Portland, OR 97204

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Portland streetcar project would tap $230,000 from general fund: Portland City Hall Roundup

November 12, 2013 | Portland Mayor Charlie Hales has proposed spending $230,000 from the city’s general fund to cover some of the costs for adding a second streetcar track at a bottleneck near Portland State University.

The proposal means the city will lean heavily on its downtown urban renewal districts to fund the $3.7 million project instead of tapping the general fund to cover costs.

City leaders considered dipping into the general fund after the City Budget Office warned that money from a new urban renewal district “may no longer be available.” Budget officials didn’t explain why.

But Portland Mayor Charlie Hales and Commissioner Steve Novick have each questioned the wisdom of urban renewal districts, which divert tax dollars for READ FULL ARTICLE