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State Revenue Forecast

So how much money will the State of Oregon have to spend? We should get a clearer picture soon as the State's Revenue Forecast is released Thursday morning. State Senator Chris Telfer of Bend says while State Economists are pretty tight lipped about the forecast, many lawmakers are hearing pretty much the same information: “That we won't go down, but we won't go up a lot. Maybe $50 to 100 million which is a pretty good bite in our shortfall. My understanding is most of that money would go to Department of Human Services [and] try to salvage much of the money in Senior Services that have been cut." Telfer says if there is extra money, she does support it going to human services. She also believes that the revenue forecast is often not very accurate. On Monday, the Governor met with State Legislative leaders to prioritize spending if the projection is positive. Besides human services, public safety is the other topic priority.

 

 

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