PoliticsPortland is facing a $169 million budget deficit due to shelter and public safety costs By Alex Zielinski (OPB)Feb. 19, 2026 12:40 a.m. Updated: Feb. 19, 2026 1:04 a.m.The projected financial shortfall in the coming fiscal year reflects the city’s reliance on temporary cash. 📨 Daily news in your inboxSign up today for OPB’s “First Look” – your daily guide to the most important news and culture stories from around the Northwest.EmailPlease leave this field blankSign up