Portland : State Data and Comparisons : Data-Z

Portland, OR

TIA Data

2022 Financial State of Portland (Released 2/15/2024)

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Portland owes more than it owns.

Portland's Taxpayer Burden™ is -$20,100, and it received an "F" from TIA.

Portland is a Sinkhole City without enough assets to cover its debt.

Decisions by elected officials have created a Taxpayer Burden™, which is each taxpayer's share of city bills after its available assets have been tapped.

TIA's Taxpayer Burden™ measurement incorporates all assets and liabilities, including retirement obligations.

Portland only has $1.9 billion of assets available to pay bills totaling $6.3 billion.

Because Portland doesn't have enough money to pay its bills, it has a -$4.4 billion financial hole. To erase this shortfall, each Portland taxpayer would have to send -$20,100 to the city.

Portland's reported net position is understated by $314.3 million, largely because the city defers recognizing gains resulting from decreases in retirement liabilities.

The city's financial report was released 120 days after its fiscal year end, which is considered timely according to the 180 day standard.

Prior Years' TIA Data

2021 Financial State of Portland

2020 Financial State of Portland

2019 Financial State of Portland

2018 Financial State of Portland

2017 Financial State of Portland

2016 Financial State of Portland

2015 Financial State of Portland

Other Resources

Portland Annual Comprehensive Financial Reports

Publishing Entity: Office of Management & Finance