Portland Public Schools forecasts a $50 million budget deficit in its upcoming fiscal year, district chief financial officer Michelle Morrison told the Portland School Board on Tuesday night.

The district has faced a string of budget shortfalls since the 2022–23 fiscal year, caused by a combination of rising costs, limited revenue and declining enrollment. The upcoming budget shortfall, though smaller than initially anticipated, is still “very, very significant,” Morrison told board members. “We’ve started some early internal work to see how we can address that while still remaining focused on students.”

PPS faces new challenges in its upcoming budget cycle. A primary one: the district drained its reserves to balance its budget for the current year. Morrison said the district is also ass

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