REP. DENNIS RICHARDSON/NEWSLETTER, 11/17/2011 - Oregon’s latest revenue forecast was just released and the news is not good. ✧ The anticipated state revenue from the General and Lottery Funds has been readjusted downward by another $107 million. This $107 million reduction, follows the $198 million revenue decrease discussed in the August Forecast newsletter. ✧ In short, $305 million of expected revenue for the 2011-13 State Budget has evaporated since the 2011 legislative session adjourned on June 30th, and no meaningful economic recovery is in sight. Read more at Newsletters from Representative Dennis Richardson...
Thursday, November 17, 2011
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