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Local News

Mike McLane on Latest Revenue Forecast


They are now expecting a slight uptick in revnue during the last six months of the current budget.

 

Revenue is barely expected to reach 15 billion for the current two year budget that expires in July.

 

That's 30 million more than economists expected several months ago thoough.

 

House Republcian Leader Mike McLane of Powell Butte says he wants to see what the democrats have to offer.

 

"I'm looking forward to seeing what their plan will be.  The voters through a process we all respect decided to put the state government in the hands of one party.  It's incumbent on the democrats to tell us what they want to do, so I'm going to give them a grace period.  Fiscal responsibility, if they come up with a plan to reform  PERS, we'll be supportive of that.  A way to grow private sector jobs, we'll be supportive of that."

 

The 16 billion in anticipated revenue is still aout 700 million short of the cost of maintaining government services at their existing level for two more years.


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