Portland's City Council has approved a $1.2 billion budget for the 2026-27 fiscal year, allocating significant funding to address homelessness and bolster the Portland Police Bureau, according to The Oregonian/OregonLive. The decision comes as the city operates under a new government structure approved by voters in 2022. The Oregonian/OregonLive reports that the budget's approval highlighted existing partisan divides within the council. Progressive councilors pushed for increased funding for soc