THE PORT OF PORTLAND NOTICE OF BUDGET HEARING FOR FISCAL YEAR 2018-19

June 1, 2018

A public hearing on the budget for the Port of Portland for the fiscal year 2018-19, in the total amount of $2,278,007,698 will be held by the Multnomah County Tax Supervising and Conservation Commission at 11:00 a.m. Wednesday June 13, 2018. The hearing will be held in the Chinook Room on the 8th floor of the Port of Portland Headquarters Building located at 7200 NE Airport Way, Portland, Oregon. Taxes levied will be at the Measure 50 established permanent rate of $0.0701 per $1,000 (levy amount is estimated at $13,227,039). There will be no tax levy for the Debt Service Fund in fiscal year 2018-19. The fiscal year 2017-18 tax amount certified by county tax assessors was $12,656,112 which was the total amount of taxes levied for the fiscal year 2017-18. The estimated increase in taxes levied from fiscal year 2017-18 to 2018-19 is $570,927. Any interested citizen may discuss any part of the budget at the hearing. A copy of the budget document may be inspected or obtained free of charge at the Port of Portland Headquarters Building during regular business hours (8 a.m. to 5 p.m.). Persons wishing to inspect or obtain a copy are requested to check in with the 8th floor receptionist for access.

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