Monday, March 05, 2012
Oregon liquor sales in 2011 increased by 4.5% compared to the previous year, beating expectations.
Based on the uptick in sales, the agency projects that liquor revenue will be $38 million higher than what officials forecast for the 2011-13 budget.
An additional $8.4 million is expected to be available for the state's general fund.
In the 2013-15 biennium, the commission projects liquor sale revenue to break $1 billion if the upward trend continues, [Liquor Control Commission spokeswoman Christie] Scott said.
Read more at The Statesman Journal.