⚠️To get clear facts about PTC and USTA, please open the original petition link on your phone and scroll down one full page. 

You’ll see an icon that says ‘XX Updates.’ Tap that icon to open all previous updates and read the full information.

Office of the Chief Financial Officer — Jonas Biery, CFO 
Memo dated December 2, 2025

The City’s Chief Financial Officer has already provided the key numbers needed to understand PTC’s budget. His memo is clear, and anyone can follow it without a PTC budget PRR (Public Records Request) or special access.

Here is what the CFO’s letter shows.

🟩 1. What PP&R Gets Today Under PP&R Management

PTC brings in:

• $900,000 from players (court fees, lessons, programs)

The Parks Levy adds:

• $400,000 to help run PTC
• $800,000 to cover PP&R’s indirect costs
• $570,000 to reimburse player discounts

Total value flowing into PP&R: ≈ $2.7 million 

PTC costs to operate: ≈ $2.2 million

⭐ PP&R ends up with: ≈ $500,000 surplus each year

PTC is financially healthy under PP&R.

 
🟥 2. What PP&R Loses Under USTA Management

The CFO memo makes this part very clear.

PP&R loses:

• $900,000 player revenue
• $570,000 discount reimbursement
• $400,000 levy support
• $500,000 surplus

PP&R still pays:

• $800,000 indirect costs
• $50,000–$250,000 oversight
• Some maintenance

Total impact:

⭐ PP&R ends up $1.3M–$1.5M behind every year

Today PP&R is about $500K ahead.
Under USTA, PP&R becomes $1.3M–$1.5M behind.

That’s a swing of almost $2 million every year.

 
📝 3. What the CFO Warns — And Why It Matters for Portland Residents

The CFO memo doesn’t just list numbers. It includes explicit warnings that matter for every Portland resident who cares about public assets, public money, and public recreation.

 
• The USTA capital numbers do not match the City’s numbers.

USTA’s construction estimates and PP&R’s estimates are not aligned.
This means the proposal is not financially reliable or ready.

The City must finish a full, high‑confidence cost study for PTC repairs before signing any partnership, because the real repair numbers won’t be known until summer 2026.

 
• The $2.3M contribution only helps if USTA meets strict conditions.

The CFO is saying the $2.3M only helps the City if USTA:

• keeps full public access,
• takes over all operations,
• takes over all maintenance,
• and takes on all future capital costs —

and without all of that, the deal is not favorable.

The CFO’s condition of ‘public access’ refers only to legal access, not affordable or practical access — and because USTA’s model includes higher fees and more court blocks, they could technically meet this requirement while still reducing real access for Portland players.
 
• Community engagement has not happened yet and must be created.

The CFO says the City still needs to create a real community‑engagement process before any agreement is proposed, because community voices haven’t been involved yet and must be included throughout the partnership.

• Major analysis is still missing.

The CFO says the City must complete additional work before any decision can be made, including:

• financial risk
• long‑term obligations
• capital responsibilities
• operational impacts
• legal review

This is a clear signal: the proposal is incomplete and not ready for approval.

 
• The CFO does NOT recommend moving forward.

He raises concerns, not endorsements.
He does not say the USTA plan saves money.
He does not say it solves PP&R’s budget issues.

 
• His own math shows PP&R loses money under USTA.

PP&R ends up $1.3M–$1.5M behind every year, compared to a $500K surplus today.

These are the City’s numbers — not mine.

🧠 4. The Simple Question Anyone Can Answer

When you look at the CFO’s numbers side by side, the choice becomes clear.

Under PP&R:

PTC creates a $500K surplus for the public system.

Under USTA:

PP&R loses the revenue, loses the reimbursement, loses the surplus, and still pays costs — ending up $1.3M–$1.5M behind.

You don’t need to be an accountant.
You don’t need special access.
You don’t need a PTC budget PRR.

Anyone can look at the CFO’s numbers and see the financial reality.

 
🎯 5. One‑Sentence Summary

“PTC is a financial positive under PP&R and a financial loss under USTA — and the CFO’s own numbers show it.”