Budget

Oregon Prison Cuts
6:38 am
Wed February 15, 2012

New Oregon Prisons Chief Threatens "Multiple" Closures

Oregon prisons may face cuts due to the state's budget shortfall.
Photo credit Wikimedia Commons

SALEM, Ore. – The new head of the Oregon Department of Corrections says she's preparing to close multiple prisons in order to address a funding shortfall. Colette Peters announced the possible actions in an email to agency staff. Salem Correspondent Chris Lehman reports.

Read more
Oregon Spending Plan
4:10 pm
Wed February 8, 2012

Oregon Revenues Down, Slightly

Oregon capital at night.
Photoe Source: GNU

SALEM, Ore. – Oregon lawmakers have a clearer picture of what they'll need to do to bring the current spending plan back into balance. State economists said Wednesday that they expect revenues to fall another $35 million. As Salem Correspondent Chris Lehman reports, that's not considered a very big drop.

Read more
Washington Education Funding
6:09 am
Thu February 2, 2012

WSU President Discusses Higher Ed Funding

Washington State University Elson Floyd.
Photo Source: Washington State University

Six college presidents from across Washington state met in Seattle Wednesday night to discuss funding higher education. Northwest Public Radio’s Bryan Buckalew has more.

Read more
Oregon Budget
5:02 pm
Wed February 1, 2012

Legislative Budget-Writers Target Middle Managers, Prison

Oregon Capital at night.
Use provided by GNU Free Documentation License.

SALEM, Ore. - Oregon legislative budget writers are targeting middle managers in an effort to bring the state's spending plan back into balance. They also announced Wednesday a proposal to close a 440-bed minimum security prison.

Read more
Washington Credit Rating
6:44 am
Tue January 31, 2012

Two Ratings Agencies Lower Wash. Credit Outlook

Standard and Poor's recently downgraded Washington State's credit outlook.
Beyond My Ken Wikimedia Commons

OLYMPIA, Wash. - Two credit rating agencies have delivered a warning to the State of Washington to get its financial house in order. The ratings agencies lowered the outlook for Washington state debt, citing the magnitude of the budget shortfall. Correspondent Tom Banse reports.

Washington state is refinancing or selling more than $1 billion in bonds in the coming weeks. That's the reason Standard & Poor's (S&P), Moody's Investors Service, and Fitch Ratings revisited the state's credit rating.

Read more
Oregon State Budget
6:30 am
Tue January 31, 2012

Oregon Lawmakers Will Tackle Revenue Shortfall In February Session

The Oregon Legislature will face lower revenues than expected this year.
Owen Wikimedia Commons

SALEM, Ore. – Oregon lawmakers return to Salem on Wednesday with a fiscal challenge on their hands. Expected revenues have fallen sharply since the legislature created the current spending plan last summer. As Salem Correspondent Chris Lehman reports, Lawmakers expect to hear more bad news soon after they arrive back in town.

Oregon lawmakers plan to be at the capitol for about a month. One of the first things they'll do is get the latest predictions about the state's revenue picture.

Read more
State Budget
7:25 am
Mon January 30, 2012

Wash. Lawmakers Consider Budgeting Education First

OLYMPIA, Wash. – For years, Republicans in the Washington legislature have demanded that state lawmakers vote on the education budget first. Democrats have generally rejected that idea. But this week, for the first time, a “fund education first” proposal will get a public hearing. Azusa Uchikura has more from Olympia.

What’s fueling the decision to consider the education budget first is a ruling earlier this month by the Washington Supreme Court. In McCleary v. Washington, the justices said state lawmakers are not adequately funding education.

Read more
Northwest Regional News
7:21 am
Mon January 30, 2012

Wash. Lawmakers Consider Budgeting Education First

OLYMPIA, Wash. – For years, Republicans in the Washington legislature have demanded that state lawmakers vote on the education budget first. Democrats have generally rejected that idea. But this week, for the first time, a “fund education first” proposal will get a public hearing. Azusa Uchikura has more from Olympia.

What’s fueling the decision to consider the education budget first is a ruling earlier this month by the Washington Supreme Court. In McCleary v. Washington, the justices said state lawmakers are not adequately funding education.

Read more

Pages