budget

Oregon lawmakers could vote as soon as Tuesday on money for K-12 education. But final approval of the spending plan likely won't happen until later this month.

On the table right now is $6.75 billion for Oregon schools. That's a sizable jump over the current spending plan. But some of the state's largest districts say even with that increase, they'd still need to cut teachers or school days.

Washington’s overtime legislative session ends at midnight on Tuesday. But there’s still no agreement on a state budget for the next two years.

Over the weekend, the mostly Republican senate majority passed a revised version of its own spending plan, along with a trio of controversial policy measures.

The three policy bills are not new, the Senate passed them during the regular session. The difference is two of them now have referendum clauses, meaning voters would get the final say.

Washington House Democrats have abandoned some proposed tax increases, but not others, in what they call a “significant compromise” budget offer to the Senate. The public unveiling Wednesday of a slimmed down House spending plan comes as the clock is running out on the current overtime session with still no budget deal.

Bluedisk / Wikimedia Commons

There’s one week left in Washington’s special legislative session and still no budget deal. Governor Jay Inslee and the Senate majority caucus held dueling news conferences Tuesday complete with plenty of finger-pointing.

Voters in two Southwest Oregon counties have defeated short-term property tax increases that would have raised revenue for public safety. Amelia Templeton reports.

Lane County Public Safety Measure Passes

May 22, 2013

The Lane County levy for jail and youth services passed with 56%. KLCC’s Lucy Ohlsen was at the yes-on-213 watch party, where Sheriff Thomas Turner celebrated with supporters.

Better-than-expected tax collections could trigger Oregon's unique kicker law, at least for corporations. The rebate is issued if revenues exceed initial projections by more than two percent. A newly released revenue forecast noted Thursday that business taxes have been robust enough to cross that threshold.

But state economist Mark McMullen says a final tally won't be made until later this year. "We believe that a kicker is better than a 50-50 shot. But not a sure thing. That came with a big surge in corporate taxes at the beginning of the year."

Oregon's economic outlook is looking brighter. That's according to state economists, who issued their quarterly revenue forecast Thursday. The news comes as lawmakers get ready to put together the state's next two-year spending plan.

The slow and steady improvement is still steady, just not quite as slow. The overall growth rate is still a bit behind past expansions, but state economist Mark McMullen says some of the factors holding back Oregon's economy are looking better, such as jobs and the housing market.

On the eve of a new state revenue forecast, Oregon Governor John Kitzhaber is putting pressure on state lawmakers to reach a deal over taxes and public pensions. The Democrat proposed a compromise Wednesday aimed at pleasing Republicans and Democrats in the legislature.

The Oregon House Tuesday approved a measure to renew a tax paid by hospitals and long-term care facilities. The concept isn't controversial since the institutions that pay it are largely reimbursed by federal Medicaid dollars. But the vote became a skirmish in a larger political battle in Salem.

Pages