Set timeout for Cloud Functions for Firebase does not persist in the Console; is this a bug?

Question

Update: I updated the question, to reflect what I described in the body of the question, and what was happening at the time. It also justifies why I did not mark

Answer 1

After you select your function and then press "Edit" it is located under the "More" drop-down at the bottom of the page. The current max is 540 seconds.