News Flash

Finance

6 Stories
Posted on: April 21, 2022

S&P Updates Credit Rating for Portland to AAA

Newsflash 2022

The City received exceptional news from Standard & Poor's Global Ratings ("S&P") over the weekend.  The S&P raised its credit rating on all of Portland, Maine's general obligation debt up to 'AAA' from 'AA+'.  This ...

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Finance
Posted on: January 5, 2022

City of Portland Announces New Child Care Business Grants

portland news

The City of Portland launches a new child care grant program today with the help of American Rescue Plan Act (ARPA) funds. The primary objective of the new program, Portland Growing Child Care Grant Program (PGCC), is to increase the number of child care ...

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Finance
Posted on: July 27, 2021

City Seeks Public Feedback on Using ARPA Funds

portland news

The City of Portland’s Finance Committee received a presentation from Finance Director Brendan T. O’Connell regarding the use of the American Rescue Plan Act (ARPA) funds that Portland is receiving during its July 22, 2021 meeting. The...

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City News
Posted on: July 23, 2020

Council's Finance Committee Continues FY21 Budget Review Process on August 5, 2020

portland news

The Portland City Council’s Finance Committee will continue its FY21 budget review process with a series of meetings starting on Wednesday, August 5, 2020 at 5:30 PM. The meetings will take place remotely via Zoom and can be live-streamed at www...

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Finance
Posted on: June 19, 2020

City Halts Implementation of Property Revaluation

NEWS ALERT

The City’s Assessor’s Office has officially announced it is halting implementation of this year’s citywide property revaluation until 2021 citing the unknown real estate market and fiscal implications of the COVID-19 pandemic...

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Finance
Posted on: October 10, 2019

City to Host Commercial & Residential Forums Regarding Revaluation Process

You're Invited

Commercial property owner forum on November 1 at 11:30 AM - Residential property owner forum on November 25 at 5:00 PM

As part of the City’s revaluation process, the Assessor’s Office will be hosting two upcoming forums to furt...

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