Portland Commissioner Dan Saltzman earned more from his outside business interests in 2014 than he's made in 16 years serving on the City Council.

Saltzman reported outside income of $1,575,974 last year, according to the annual statement of economic interest form he submitted to the state.

His income as a city commissioner last year? $108,643, or roughly 1/16th of his reported earnings from the family business, according to Saltzman's filing.

Saltzman's millionaire status - long known among City Hall watchers but perhaps not the general public - is the most noteworthy takeaway from state disclosure forms filed by members of the City Council. The payday also underscores why Saltzman, whose family owns downtown real estate, recused himself from voting in April on urban renewal boundary changes that could impact his bottom line.

Mayor Charlie Hales and commissioners Nick Fish, Amanda Fritz and Steve Novick didn't report any 2014 income from business interests. Each listed income sources only from their city salary and their spouse's salary, with Fritz also reporting income from insurance policies following her husband's death in a traffic crash.

All elected officials statewide must file annual statements of economic interest to provide transparency about their sources of household income, real estate holdings, shared business interests with lobbyists or personal debt owed to someone who regularly interacts with government.

Disclosures are due April 15, although Hales didn't file until May 12.

Elected officials must report income sources if it represents at least 10 percent of their total household income. They aren't required to disclose dollar amounts, although Saltzman does.

For instance, Saltzman reported rental income of $265,517 in 2007; $807,972 from distributions in 2009; $1,682,419 from distributions in 2010; and $315,516 from distributions in 2013.

Saltzman's most recent income includes a distribution of nearly $937,000 from Oregon Pacific Investment and Development Company and a distribution of about $639,000 from Orchards Center LLC.

Saltzman has a partnership or shareholder interest in 18 entities, including one business that is a partner in five other companies. Saltzman has a 20 percent partnership interest in Orchards Center and about 18 percent in Oregon Pacific.

Saltzman's late father, Jack, a lumber broker, founded Oregon Pacific under a different name in 1946. Saltzman isn't involved in the business but his sister, Julie Leuvrey, is a co-president.

Saltzman didn't vote when the City Council approved urban renewal changes in April, which included adding downtown office building Harrison Square into the North Macadam district. Oregon Pacific's offices are in that building and the company has a stake in the property.

A message and email left with Saltzman's chief of staff Thursday weren't immediately returned. Saltzman, now in his fifth term as city commissioner, oversees Portland Fire & Rescue and the Portland Housing Bureau, which subsidizes affordable housing and helps pay for efforts to end homelessness.

Here's a rundown of income sources for the rest of City Council:

Hales: city of Portland salary; First Stop Portland salary for his wife, Nancy, who directs the tourism program. (Review the disclosure)

Fish: city of Portland salary; Portland State University salary for his wife, Patricia Schechter, who is a professor. (Review the disclosure)

Fritz: city of Portland salary; Oregon State Hospital salary for her late husband, Steve; life insurance policies from Steve Fritz's death and a widow's benefit from the state Public Employees Retirement System. (Review the disclosure)

Novick: city of Portland salary; Multnomah County salary for his wife, Rachel, who works as an emergency management coordinator. (Review the disclosure)

-- Brad Schmidt

503-294-7628

@cityhallwatch