💰 Councilor Steve Novick is reviving his proposal to raise a tax on Portland corporations as a way to plug the city's multi-million budget shortfall. (OPB)
Related: Councilor Eric Zimmerman floated another idea to stave off potential parks cuts outlined in Mayor Keith Wilson's plan: Layoff the majority of the team that enforces Portland's tree code. (Willamette Week)
🎭 Portland Center Stage needs to raise $2.5 million by the end of the summer to avoid closure. The performing arts theater said the funds would go toward a five-year plan to stabilize its finances amid declining memberships. (Portland Business Journal)