Oregon revenue forecast on target


Oregon lawmakers have $30.5 million more to spend for the current two-year budget than they thought, and $54.9 million more for the next two years.

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Oregon lawmakers have $30.5 million more to spend for the current two-year budget than they thought, and $54.9 million more for the next two years.

The state’s general fund is about $14 billion in the current 2011-13 budget cycle and is projected to grow to about $15.5 billion for the next budget.

State economists are delivering the quarterly economic and revenue forecast for the state. Today’s numbers will become the baseline for Gov. John Kitzhaber’s proposed 2013-15 budget, which he plans to release Nov. 30.

Read more at OregonLive.com.

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