E-Board trying to carry over budget money

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Wednesday, September 19, 2012

Oregon lawmakers are trying to carry over as much as they can from the state emergency fund to the 2013-15 budget.

After rebalancing the state budget in February, in the middle of the two-year cycle, lawmakers set aside $27 million for the emergency fund and $82 million in special-purpose set-asides that can be released only by the Legislative Emergency Board.

The 20 members of the E-Board make budget decisions between legislative sessions. With Oregon’s shift to annual sessions, beginning this year, the board was scheduled to meet only three times until the 2013 session convenes Jan. 14.

The spending spigot is at a trickle.

Read more at the Statesman Journal.

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