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

Measure 91: What Oregon Businesses Need to Know

Contributed Blogs
Wednesday, October 15, 2014
91 thumbBY DIANE BUISMAN

Some common misconceptions employers have about marijuana.


Read more...

Shipping News

September 2014
Tuesday, August 26, 2014
BY JENNIFER MARGULIS

In 2012 The Dalles, a city of some 14,400 located 75 miles east of Portland and often seen as the poor cousin to adjacent Hood River, completed a massive project to revitalize its dock.


Read more...

What I'm Reading

October 2014
Thursday, September 25, 2014

Nick Herinckx, CEO of Obility, and Jake Weatherly, CEO of SheerID, share what they've been reading.


Read more...

Downtime

October 2014
Thursday, September 25, 2014
BY JESSICA RIDGWAY

I'm not very interesting,” says a modest Ray Di Carlo, CEO and executive producer of Bent Image Labs, an animation and visual effects studio.


Read more...

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...

Podcast: Interview with Pete Friedes

Contributed Blogs
Wednesday, August 27, 2014

082714-thumb friedesbookTom Cox interviews Pete Friedes, author of "The 2R Manager," about becoming a Best Boss.


Read more...

A Good Leap Forward

September 2014
Wednesday, August 27, 2014
BY AMY MILSHTEIN

Agriculture businesses ramp up to meet international demand as workforce and succession challenges loom.


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