The State's quarterly revenue forecast was released this morning with continued economic growth and increases in tax collections which are producing major increases in available revenue for the state budget.
Projected ending balance revenue from the previous budget cycle increased by $118 million while corporate taxes are projected to increase by another $56 million.
All told, available resources for the current 2019-21 budget cycle increased by $166.8 million as a result of this morning's forecast.
The General Fund/Lottery budget now stands at $24.936 billion.
Other items of note:
You can find the official forecast projections here:
Business Oregon is conducting a statewide assessment of Oregon's current broadband infrastructure and service availability. The assessment will help drive public policy regarding gaps in broadband access, the need for state funding, and strategies for deploying broadband infrastructure statewide.
Broadband is increasingly viewed as essential infrastructure for economic and community development. Earlier this year, the Oregon Broadband Office was established in statute with legislative directives to track the availability of broadband services and help make the business case for broadband investment in unserved and underserved areas to close Oregon's "digital divide."
We're asking both households and businesses to help in the assessment by completing a simple questionnaire developed in partnership with our consultants, Strategic Networks Group. The few minutes it takes to complete the online survey can help make future broadband improvements across the state, particularly in rural areas.
Business Oregon asks that you provide your input today, or at the latest by December 15, 2019 by going to www.broadband.oregon.gov, clicking on the Broadband Assessment link, and completing the survey. On that website, you can also find other resources Business Oregon has in our work to advance broadband availability across Oregon.
A report on findings will be posted at the end of January 2020.
2nd Community Conversation on Homelessness | December in the Pearl
We had such a strong turnout this summer for our first Community Conversation on Homelessness that we’re doing it again! This time in the Pearl District in downtown Portland. Join us. RSVP to Lisa Frack.
Join project staff for updates on design, station types and more.
November 14 4-7pm PCC SE Campus, Community Hall Annex
2305 SE 82nd Ave.
Interested in learning more about the transit design plans for Division? Come to the Division Transit Project Open House on Thursday, November 14th from 4-7 pm. There will be representatives from TriMet, PBOT, and more to answer your transit design related questions.
The Oregon Department of Revenue is inviting business taxpayers and tax preparers to take part in discussions of the administrative rules for the state's new Corporate Activity Tax. Traveling across Oregon, rule writers will sit down in a series of meetings over the next three weeks to hear the concerns, questions, and suggestions of those affected by the rules.
The meetings in the Portland area include:
Thursday, September 19, 5:30 to 7 p.m., City of Beaverton Griffith Building Room 150, 4755 SW Griffith Drive, Beaverton.
Thursday, October 3, 5:30 to 7 p.m., Portland State Office Building Room 1B, 800 NE Oregon St, Portland.
For those who are unable to attend the in-state meetings, DOR is planning a series of conference call meetings. Those meetings will be scheduled once the in-state tour is complete.
At all meetings, Department of Revenue representatives will ensure two-way conversations and do their best to answer questions from attendees. They'll also seek input from attendees to help guide the rule-making process. Issues expected to be discussed include:
You can find more information about the Corporate Activity Tax, including a list of frequently asked questions, and sign up for email notifications about CAT on the Department of Revenue website :
Those who are unable to attend but want to provide input can email questions or comments to cat.help.dor@Oregon.gov
OSCC will keep members updated on the progress of the rulemaking, BUT any specific questions or concerns that OSCC members want addressed need to be communicated to us so that we can provide input and comment to DOR.
Come join U.S. Senator Ron Wyden for a
Multnomah County Town Hall Meeting
Thursday August 29 5:30 PM
East Portland Community Center Gymnasium 740 SE 106th Ave Portland, OR Parking may fill quickly. Please consider public transit or carpooling.
Questions: Call Senator Wyden’s Portland Office at 503-326-7525
Show support for Senator Monnes Anderson
Dear members and colleagues -
Senator Laurie Monnes Anderson listened and responded to the voices in her community to the cost and unfairness embedded in the 'Cap and Trade' bill. In particular, the voice of her local business community in the Gresham Chamber.
As you can see, she is being torn down by the environmentalists. They are, of course, staging this pressure campaign to compel her to switch her vote in the 2020 session.
Now is a good time to surround Laurie with authentic care, thanks, and support from your community.
A personal note of thanks to her would be very timely.
This is a perfect time to differentiate ourselves from our opponents in tone, tenor and support.
Our whole community is painfully aware of the crisis of homelessness we are in the midst of. You likely have questions and thoughts about it as someone living in the Portland area. We are hosting this Community Conversation to share what we know from 31 years in the field and to dialog with you about the causes and solutions as we see them.
Human Solutions works every day to provide emergency shelter for women and families, and we run other programs, too, that focus on helping people find secure housing and living-wage jobs. It is that experience we will draw on to facilitate this conversation.
Can you join us? We hope so. Here are all the things you need to know:
Marci Cartagena & Andy Miller
Posted: Jul 26, 2019 / 02:54 PM PDT / Updated: Jul 26, 2019 / 04:35 PM PDT
PORTLAND, Ore. (KOIN) — Roadwork on a stretch of Northeast 102nd Avenue is about to wrap up — and some neighbors say the new traffic pattern is already causing problems.
PBOT is restriping about a mile and a half of road from Northeast Sandy to Weidler, adding a turn median, and taking out a lane of traffic in either direction. They’re also adding more crosswalks, islands, and a bike lane along with on-street parking.
City planners say the move is to make things safer for pedestrians — but some in the community are frustrated, saying it’s already adding more congestion to the area.
“102nd Ave is one of our most dangerous streets in the city, and we want to create some safer conditions for folks out there,” said Hannah Schafer, PBOT spokesperson. “Generally speaking, it is making the road feel different and safer.”
Community members disagree.
“Taking the lanes from 4 lanes to 2 — you don’t have to be a mathematician to realize that if congestion is going to increase, the accidents are going to increase, and injuries are going to increase,” said Lee Cowles, who works on 102nd. “And on the side streets, too.”
What frustrates the community most, Cowles said, is PBOT’s lack of response to feedback.
“I can understand making a plan,” he said. “The thing that’s been very discouraging for the community is that once the plan was made and they’ve taken it to several groups — people said ‘this is not going to work!’ and there’s been no response.”
Neighbors said that because their concerns haven’t been taken into account, they’re not holding their breath for any kind of reversal.
PBOT said work will wrap up this week and then they’ll be studying the effects of the new pattern for the next several years.
Download 2019 EPCC Magazine
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