Saturday, May 16, 2009

Oregon's budget short $3.6 billion in 2009-11

From the Oregonian:

Oregon will be short roughly $3.6 billion for schools, social services and other public needs in 2009-11, according to the latest state revenue forecast numbers released this morning.

That hole, which means the state will have about 20 percent less money than it needs to keep state services at current levels, is less dire than lawmakers had anticipated.