#EugeneBudget
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citizenptnewsor.bsky.social
Eugene City Council just approved an $8 million investment aimed at reducing future costs while maintaining a healthy reserve fund—what does this mean for the city's financial future?

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#EugeneLaneCounty #OR #FiscalResponsibility #LongTermPlanning #PublicFinance #EugeneBudget
Eugene adopts first supplemental budget for 2025–27, approves $8M PERS prepayment plan and retains reserve above 3.6%
The council adopted the first supplemental budget for the 2025–27 biennium, including an $8,000,000 investment in a PERS Employer Incentive Fund to secure a $2,000,000 state match and a reduction in long-term PERS rates; after actions the reserve for revenue shortfall is projected at $17.1M (3.6% of general fund).
citizenportal.ai
December 20, 2025 at 5:22 PM
citizenptnewsor.bsky.social
Eugene's budget forecast reveals a $4.3 million drop in property tax revenue over six years, prompting urgent discussions on funding strategies to secure the city's financial future.

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#EugeneLaneCounty #OR #FiscalResponsibility #PublicFinance #CommunityInvestment #EugeneBudget
Eugene budget committee hears updated forecast, recommends $10 million PERS side account and one‑time investments to shore reserves
Staff told the Eugene Budget Committee that lower assessed value growth and collection assumptions reduce property tax revenue by $4.3 million over six years and that a combination of an $8 million PERS lump‑sum contribution (with a $2 million state match) and one‑time allocations would help protect reserves and buy down future pension costs.
citizenportal.ai
December 10, 2025 at 5:23 AM
citizenptnewsor.bsky.social
Eugene's City Council is facing an $8 million budget gap and urgent discussions on stormwater funding—can they find a solution before it's too late?

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#EugeneLaneCounty #OR #PublicServices #EugeneBudget #CommunityInput #FinancialStability
City Council discusses $8 million budget gap and stormwater funding challenges
Councilors debate potential ballot measures and bridge funding for ongoing services.
citizenportal.ai
May 16, 2025 at 2:58 AM
citizenptnewsor.bsky.social
Eugene's City Council faces a critical decision: raise a fire fee to protect essential services or risk devastating cuts that could impact libraries and parks.

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#EugeneLaneCounty #OR #PublicSafety #CommunityServices #EugeneBudget #CivicAccountability
City Council debates fire fee to address budget challenges and service cuts
Council members discuss fire fee as a long-term solution to budgetary constraints.
citizenportal.ai
May 2, 2025 at 6:44 AM
citizenptnewsor.bsky.social
Eugene's City Council is at a crossroads, facing tough budget cuts that could threaten vital services like the library and fire departments—what will they decide?

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#EugeneLaneCounty #OR #PublicSafety #CommunityServices #FiscalResponsibility #EugeneBudget
City Council debates fire fee proposal amid budget cuts and community concerns
City faces budget decisions amid community anxiety over potential service cuts and fire fee proposal.
citizenportal.ai
January 24, 2025 at 12:57 AM