A five-year review of Portland’s financial condition, released today by City Auditor Mary Hull Caballero, recommends the city invest more in its transportation infrastructure.
The audit, which reviews changes in Portland's overall financial position between 2012 and 2016, rates the city's financial health as "stable." A number of financial indicators in the report are positive. For example, the city's debt is down and its liquidity and credit ratings are strong.
But the report also notes growing financial liabilities for the city.