Intelligence Reports/Utility Intelligence Profile
Utility Intelligence Profile: Portland Water Bureau cover

Utility Intelligence Profile

Utility Intelligence Profile: Portland Water Bureau

Portland Water Bureau is a City of Portland bureau whose Bull Run Filtration project, budgeted at $2.46 billion, was 43% complete at end-September 2026 and must deliver filtered water by September 30, 2029. First-lien debt service coverage was 7.07 times in FY 2024-25, and the typical residential water bill rose 8.1% to $70.89 in FY 2026-27.

Geography
Portland and surrounding areas, Oregon, United States
Evidence current to
12 November 2026
Format
PDF
Length
11 pages
Edition
November 2026, First edition
Price
USD 99
Secure Stripe checkout · your paid edition is delivered privately in this browser.

Paste the caption with your link. Social platforms control how previews appear.

01

Executive overview

Key findings

Close to 100 million gallons a day: Columbia South Shore Well Field capacity, backing up the Bull Run supply

2,253 miles: water mains in FY 2025 (City capital asset statistics)

$2.46 billion: Bull Run Filtration budget, 43% complete with $1,028.34 million spent at end-September 2026

7.07 times: first-lien debt service coverage in FY 2024-25

02

Buyer relevance

Who the report is for

Suppliers and consultants new to the account

Get the Bureau's mandate, assets, major projects and governance on one reference, including 2,253 miles of mains and the 2029 filtration deadline.

Municipal credit analysts

Check first-lien coverage from 6.67 to 8.09 times over FY 2021-22 to FY 2023-24 and the August 2026 ratings in one table.

Regional utilities and planners

Compare Portland's FY 2026-27 rates, typical bill of $70.89 and low-income discounts of 50% and 80% with their own.

03

Decision scope

Questions answered

01

How many people does Portland Water Bureau serve?

Sources differ: about 840,000 (the Bureau's system page), 912,000 (EPA's WIFIA page) and close to one million (the FY 2024-25 Financial Plan).

02

What is the Bull Run Filtration budget?

$2.46 billion for the filtration facility and pipelines, within $2.58 billion of Bull Run Treatment Program funding; $1,028.34 million had been spent at end-September 2026.

03

How strong is debt service coverage?

First-lien coverage was 7.07 times in FY 2024-25 and combined first- and second-lien coverage 2.14 times.

04

What are the Bureau's climate targets?

Halve greenhouse gas emissions by 2030 against a 2007 baseline and reach net zero by 2050.

04

Inside the report

Inside the complete report

Executive Overview

Utility and Service Mandate

Water Resources and Supply

Infrastructure and Treatment

Networks and Assets

Financial Position

Investment and Major Projects

Tariffs and Customer Context

Energy and Sustainability

Governance and Regulation

Climate and Resilience

Forward Developments

Key Intelligence Summary

Source Register

05

Public preview

What to watch next

Infrastructure and Treatment

Filtration completion percentage; the 2026 lead and copper monitoring results.

Financial Position

The FY 2025-26 annual financial report; rating commentary on further second-lien issues.

Investment and Major Projects

The project list in the FY 2026-27 budget and five-year capital plan adopted in June 2026 (the FY 2024-25 plan was $1.98 billion); a Willamette River Crossing decision in 2027.

Tariffs and Customer Context

The FY 2027-28 rate proposal, which had not been made as of mid-2026, and the rate study.

Sample page · page 6 of 11

Financial Position and Investment: Water Fund coverage, debt and ratings, and the status of major projects.

Report page with tables of Portland Water Fund revenues, operating expense and debt coverage by fiscal year, debt and rating details, and major capital projects.

06

Included

What you receive

The complete PDF report: 11 pages, 14 sections, 15 tables and a register of 23 sources.

This edition

November 2026, First edition.

07

Evidence & method

Evidence and method

The profile draws on the City of Portland's audited annual financial reports, Council rate and bond ordinances, the Bureau's system, project, water quality and climate pages, its financial plan and requested budgets, EPA's WIFIA record, and 2026 bond market and news reporting.

Sources

23 sources, listed in the report's source register. Evidence current to 12 November 2026. Principal data periods: City of Portland financial report FY 2024-25 (year ended June 30, 2025); FY 2026-27 adopted water rates; Bull Run Filtration status to end-September 2026; calendar 2024 and 2025 water quality monitoring. All currency is US dollars..

Evidence boundaries

This report uses authoritative source material available at the stated research cutoff. It distinguishes published facts, calculated values and analytical interpretation. No independent modelling is performed. Forward-looking analysis reflects published plans, documented trends and stated uncertainties. It does not constitute legal, financial, investment or engineering advice.

08

Lead analyst

Robert C. Brears

Founder, Our Future Water Intelligence

Robert C. Brears is a water-security specialist and author whose work examines utility governance, infrastructure investment, climate resilience and long-term water-system change for executive and policy audiences.

  • Decision-focused utility intelligence
  • Published water-policy author
  • Evidence-grounded system analysis

09

Buyer FAQs

Before you purchase

Who can use the report?

Licensed for internal use within one purchasing organization. The PDF and its contents may be shared with colleagues within that organization. External redistribution, resale and public publication are prohibited without permission.

How is the report delivered?

The PDF is available to download immediately after confirmed payment, through our secure delivery system.

Can my organization buy wider access?

Institutional purchasing: For invoice enquiries, multi-organization licensing or broader access requirements, contact Our Future Water Intelligence.

10

Utility Intelligence Profile: Portland Water Bureau

Format
PDF
Length
11 pages
Edition
November 2026, First edition
Price
USD 99
Secure Stripe checkout · your paid edition is delivered privately in this browser.

11

Report details

Publication details

Publisher
Our Future Water Intelligence
Report family
Utility Intelligence Profile
Edition
November 2026, First edition
Format
PDF
Length
11 pages
Reference
OFW_EXT_PORTLAND_WATER_BUREAU_UTILITY_INTELLIGENCE_PROFILE_0f35b5c1b029
Evidence current to
12 November 2026

14

Explore this report family

More Utility Intelligence Profiles

Explore the same report family covering other utilities.

Utility Intelligence Profile: Dŵr Cymru Welsh Water cover

Utility Intelligence Profile: Dŵr Cymru Welsh Water

Dŵr Cymru Welsh Water's revenue reached £1,169.8 million in FY2025-26 and its regulatory capital value £8,345.0 million, yet Ofwat rated it off track after it met 6 of 23 performance targets in 2025-26. Leakage of 156.4 litres per property a day, against an industry average of 104.5, and liquidity that fell to £974 million frame the company's position at the start of the 2025-30 price control.
Geography
Wales
Edition
November 2026, First edition
Length
12 pages
Explore report
Utility Intelligence Profile: DC Water cover

Utility Intelligence Profile: DC Water

DC Water earned US$1,004.3 million in operating revenues in FY 2025, with combined debt service coverage of 2.40x against total debt of US$4,090.1 million. It serves 127,562 accounts in the District and treats wastewater for about 1.8 million people in neighboring jurisdictions at Blue Plains, inside a US$9.69 billion ten-year capital plan.
Geography
Washington, District of Columbia, United States; wholesale wastewater for Maryland and Virginia counties
Edition
November 2026, First edition
Length
12 pages
Explore report
Utility Intelligence Profile: Southern Water cover

Utility Intelligence Profile: Southern Water

Southern Water's revenue rose to £1,443.2 million in FY2025-26, the first year of its 2025-30 price control, and the company returned to an operating profit of £304.2 million. Its environmental and customer standing has not followed: the Environment Agency rated it 1 star for 2025, and it ranks 17th of 17 companies for customer satisfaction.
Geography
Kent, Sussex and Hampshire, South East England, United Kingdom
Edition
November 2026, First edition
Length
13 pages
Explore report

Stay informed

Our Future Water Intelligence updates

New analysis, water intelligence and report releases, delivered by email.