Skip sidebar navigation

Government

Financial Road Map

  • Gresham’s Financial Road Map is a plan to fund a full-service City organization with the resources needed to deliver exceptional community services.

    Plan at-a-glance

    • Duration: July 2023 to June 2026
    • Focus: General Fund
    • Services: Police, Fire, Parks, Community Development and Livability
    • Adopted: By City Council in September

    Read Gresham’s Financial Road Map.

    Why does Gresham need a financial road map?

    Our goal is to support a high quality of life for our community.

    But we’re at a critical turning point in Gresham. Limited by property taxes and fees that haven’t been raised in years, the City’s budget struggles to keep up – let alone fund big dreams.

    A financial road map will support the City in becoming financially stable over the next three years and our work to carry out the community vision identified in Gresham’s Strategic Plan

    Budget and financial impacts

    • The Financial Road Map will inform the proposed City budgets for fiscal years 2023/2024 through 2025/2026.
    • The Road Map outlines the revenue tools needed to reduce the projected deficit between revenue and expenses and to improve service delivery.
    • Total anticipated new General Fund revenue would total $28.2 million over three years.

    Next steps

    • Staff is working on implementing the proposed revenue tools for FY 2023/24, including preparing a proposed City services fee structure and rate for Council approval.
    • The City is conducting additional voter polling to assess readiness to move forward with a May 2023 operating levy.

    Contact

    Assistant City Manager Elizabeth.Coffey@GreshamOregon.gov.