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The budget counted on the general fund collecting $180 million from business license taxes and lodging taxes. The budget assumed the city’s economy would grow, not decline steeply and suddenly amid the coronavirus outbreak.
-- Everton Bailey Jr., The Oregonian 

A perfect storm is shaping-up to hit Portland hard, as revenue from fees and taxes on business and tourism-related activities disappears - but retirement obligations keep coming. The city's FY 2019-20 budget obligates $22 million to PERS (Oregon's public employee retirement system), which is a 35% increase over the previous budget. Meanwhile, the S&P 500 is down 26.5% from its close on February 19th, and 10-year Treasuries are yielding 0.5870%.

-- Scrib

I suppose it's the natural progression of things - a lot of the original brewpubs are giving way to a newer, nimbler generation of craft breweries.

Portland Brewing's founders were among a group of brewers who in 1985 succeeded in getting Oregon law changed to allow brewers to also sell beer and food at the same site where they brewed. That cleared the way for the creation of brewpubs in Oregon.

Portland Brewing latest of city's first-generation brewpubs to close