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|Articles - January 2013|
|Monday, December 10, 2012|
Page 3 of 5
Revenue: Show us the money
The Oregon Business Plan, an economic and policy strategy guided by a coalition of business leaders, does outline a long-term plan for funding the state’s beleaguered public schools. The idea is to restructure K-20 institutions to make the system more efficient, then rein in escalating costs in other parts of the budget to shore up cash-strapped institutions. With education restructuring and health-care reform under way, the focus is turning to other “unsustainable cost drivers,” says Ryan Deckert, president of the Oregon Business Association.
On the top of the list is reforming the state’s Public Employees Retirement System (PERS), which is expected to cost all public employers, including school districts, an extra $1 billion next biennium. Two items on the agenda are reducing the earnings rate inside PERS accounts and the elimination of an income-tax break for retirees who move out of Oregon.
Kitzhaber has also identified PERS reform as a key issue. But the question is what the Legislature will be able to accomplish — politically and legally. Many elements of PERS are considered a binding promise in the state’s statutory contract with public employees. Lawmakers, business executives, and rank- and-file voters will also have to “convince the unions that having some PERS reform is important for the economy of the state,” says Jarman.
Business leaders are also pursuing corrections reform this session, with a focus on developing a more “rational sentencing and corrections model,” says Deckert. He points to Texas and Kansas, states that have reduced incarceration costs in part by redirecting funds for new prison construction into a more efficient network of residential and community-based treatment and supervision programs.
The business plan doesn’t end there. In the end, restructuring and cost containment simply lay the groundwork for what Deckert calls the “big enchilada” — reforming Oregon’s much-maligned tax code. But actual changes to the system, which could include a sales tax and corresponding reductions in capital gains and income taxes, will probably have to wait for another session, as lawmakers are not expected to come up with concrete options until at least 2014.
Monday, September 28, 2015
BY GARY FISH
Over the years, many mentors have taught me lessons that have helped shape the way I view the world of work and our business.
Wednesday, August 19, 2015
BY LINDA WESTON
In 1996, after a 17-year career in the destination marketing industry, where I gained national standing as the CEO of the Convention & Visitors Association of Lane County, I was recruited by the founders of a new professional basketball league for women. The American Basketball League (ABL) hoped to leverage the success of the 1996 USA women’s national team at the Atlanta Olympics — much like USA Soccer is now leveraging the U.S. Women’s National Team’s victory in the World Cup. The ABL wanted a team in Portland, and they wanted me to be its general manager.
Monday, September 28, 2015
BY JOE CORTRIGHT
Corporate headquarters are no longer a marker of economic prowess.
Thursday, October 01, 2015
PHOTOS BY JASON E. KAPLAN
Images from the big 2015 celebration of worker-friendly organizations that make a difference.
Wednesday, August 19, 2015
BY AMY MILSHTEIN
Training, from the mundane to the sublime, bolsters companies and workers in an uncertain world.
Wednesday, September 16, 2015
BY GREGG LEWIS | OP-ED
The issue of green-washing remains a significant challenge to those of us who would like to see the building sector in this country do more than make unverifiable claims of sustainability. Transparency about the impacts of a given material is the only way to allow designers to make intelligent choices when selecting building products.
Wednesday, September 30, 2015
BY LINDA BAKER | EDITOR
The media coverage about Pope Francis must have put me in a Biblical frame of mind. Because after touring the latest phase of the South Waterfront development, a mind boggling 1.5 million square feet of office and retail space that will spring up north of the aerial tram over the next few years, I couldn’t stop thinking about the massive project as a modern day creation story.
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