Home Must Reads Oregon budget sees biggest increase since recession

Oregon budget sees biggest increase since recession

| Print |  Email
Must Reads
Friday, July 19, 2013

Taking into account all Oregon state revenue, the government will spend $59.8 billion in the next two years, a 4.6% increase from the last budget cycle.

But a much more impressive increase can be found in the state's general fund, which makes up the bulk of spending on public schools, prisons, parks and other state programs.

Under the most recent projections, the 2013-15 general fund budget -- including lottery revenue -- will hit $16.7 billion, according to a report released today by the Legislative Fiscal Office. That's a $2 billion increase from 2011-13, or 13.6 percent.

It's the biggest two-year increase since the state got walloped by the global recession back in 2007.

Read more at OregonLive.com.

 

More Articles

Constant Contact

October 2014
Thursday, September 25, 2014
BY AMY MILSHTEIN

To prevent burnout, companies are banning email and after-hours communications. But is the 24-hour workday here to stay?


Read more...

Gone Fishing

October 2014
Thursday, September 25, 2014
BY LORI TOBIAS

Business has been good to Laura Anderson, leading some to suggest she must be awfully lucky to find such success in a business notorious for failure. But luck’s had little to do with it.


Read more...

Fork & Bottle

October 2014
Thursday, September 25, 2014

National media can’t get enough of Oregon’s pinot noir, artisan-food purveyors and lively, independent film scene.


Read more...

Innovation: a critique

News
Wednesday, October 08, 2014
1008 innovation thumbBY LINDA BAKER | OB EDITOR

A Design Week panel discussion raises questions about how innovative we really are.


Read more...

College Conundrum

October 2014
Thursday, September 25, 2014
BY KIM MOORE

University and college tuition fees have been rising for more than a decade, while state funds for higher education have steadily declined.


Read more...

100 Best Nonprofits announced

News
Thursday, October 02, 2014

100NP14logo4WebOregon Business magazine has named the sixth annual 100 Best Nonprofits to Work for in Oregon.


Read more...

The Bookseller

November/December 2014
Wednesday, October 22, 2014
BY AMY MILSHTEIN

Everyone knows college is expensive, but a look at the numbers brings that into sharp — and painful — focus.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS