Urban Renewal Budget and Financial Information

Fiscal year 2024-25 proposed budget

Budget adoption process

In April or May

• The Gresham Redevelopment Commission Budget Committee (GRDCBC) holds a public meeting to consider and approve the Gresham Redevelopment Commission (GRDC) proposed budget for the Rockwood-West Gresham Urban Renewal Area for the upcoming fiscal year (July 1-June 30). 
• Citizens have opportunity at the meeting to comment on the proposed budget before it is approved.
• Notice of the GRDCBC meeting is placed in The Gresham Outlook newspaper approximately one week before the meeting.

In June

• The GRDC holds a public hearing to allow public testimony regarding the approved budget.
• At the end of the public hearing, the GRDC passes of a resolution adopting the budget.
• Notice of the public hearing is placed in The Gresham Outlook newspaper approximately one week before the meeting.

Basic financial statements 

The basic financial statements highlights the financial activities and financial position of the Urban Renewal area for the fiscal year ending June 30, 2022.