oregon revenue forecast

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Oregonians could be getting a kicker when they file their taxes next year. State economists said Tuesday that revenues for the current budget cycle are on track to exceed projections by a wide enough margin to trigger Oregon's unique kicker law.

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The May revenue forecast is a critical piece of information for lawmakers as they decide how to spend taxpayer dollars during the next two-year budget cycle.

Chris Lehman / Northwest News Network

Oregon's budget gap is a bit smaller than previously anticipated. State economists updated their revenue projections Wednesday for the upcoming two-year spending plan.

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Oregon lawmakers didn't get much by way of good news Wednesday with the release of the latest revenue projections. Those show a $52 million drop in anticipated revenue during the upcoming budget cycle.

That means lawmakers will have to patch up an even bigger budget shortfall, which is already expected to exceed $1.5 billion.

Oregon Office of Economic Analysis

Oregon's economy continues to flourish, but the long-term outlook isn't as rosy. That was the message to lawmakers Wednesday from state economists, who released their quarterly revenue forecast.

Oregon Office of Economic Analysis

Oregon's economy is still going "full throttle." That was the word Wednesday from state economists as they unveiled the latest forecast of state revenues.

Oregon Office of Economic Analysis

The state of Oregon is getting ready to send $402 million back to taxpayers. State economists Wednesday announced the first so-called kicker rebate since 2007.

Chris Lehman / Northwest News Network

Oregon economists told lawmakers Thursday that a robust economy means they'll have more money to spend on schools, human services and public safety.

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Oregon's economy is humming along at a good clip, according to the latest outlook released Wednesday by state economists.

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Oregon's economy still hasn't recovered to pre-recession levels, but state economists told lawmakers Wednesday that job growth is driving an expected increase in tax revenue for the state.

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