Financial

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The ballot measure and City Ordinance authorizing the Portland Children’s Levy requires that administrative expenses not exceed 5 percent of revenues, and annual audits of the fund.  The most recent PCL Audit completed by independent auditor Merina & Co. found that administrative expenses were less than 5 percent of revenues, were necessary and proper, and grant disbursements were properly documented and in accordance with approved budgets.  Annual audit reports have consistently shown that 95 cents of every dollar collected is invested in programs helping the city’s children.

Program Area Investments, 2016-17

$5,487,870
$2,795,661
$2,442,849
$1,552,899
$1,524, 892
$1,485,196
Total
$15,289,367