Tag Archives: Revenue

Oregon Vice

Yesterday, I had the privilege of presenting on Oregon’s vice revenues as part of Tim Duy’s Oregon Economic Forum. Our office’s duties include forecasting these revenues as part of the General and Lottery Fund forecasts. However, hardly anybody ever asks us about them specifically, other than in the context of the overall forecast and budget […]
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Hermiston gas plant devaluation knocks $934,000 off county tax rolls

Umatilla County loses about 1 percent of total assessed value. The Oregon Department of Revenue knocked $54 million off the assessed value of the Hermiston Generating Company. The devaluation means a drop in local property tax revenue of $934,672 for 2017-18, with education taking the brunt of the loss. Source: Hermiston gas plant devaluation knocks […]
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Our View: 911 measure well worth minimal cost – Opinion

Grant County is in danger of losing its 911 dispatch center, but residents can save it. Ballot measure 12-69 would create a temporary tax, providing funds to keep the local dispatch center open, that would cost taxpayers about $38 per year per $100,000 of assessed property value. If the measure fails, the local dispatch center […]
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Oregon Voters Will Decide Fate Of Health Care Tax

Oregonians will be voting on a tax on hospital and health insurance companies next January. The Oregon Secretary of State’s Office announced Monday that opponents of the tax had successfully gathered enough valid signatures to force a vote. It means that all registered voters in Oregon will receive a ballot in early January for a rare […]
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Carbon debate begins with a label fight

Please contact the State Library for access to this premium story from the Portland Business Journal. library.help@state.or.us or 503-378-8800 Jobs bill or sales tax? Opponents, proponents angle for a semantic edge. Is it an “energy sales tax” or a “clean energy jobs bill”? Actually, the climate bill that state Democratic leaders are hoping to pass […]
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Cities, counties awaiting pot revenues

Local jurisdictions will soon reap the tax benefits of legal marijuana market. Oregon’s legal marijuana industry has generated millions of dollars, but public agencies have yet to receive their cut since the state started collecting tax money from sales. That’s because Oregon Liquor Control Commission (OLCC) has been withholding all revenue until the administrative costs […]
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State considers controversial carbon cap

GOP not sold on market pollution fix. Oregon would join an air pollution “market” stretching from California to Quebec under a plan unveiled Monday at the Capitol. The Senate and House environment committees held a joint meeting where Democrats touted a carbon “cap-and-invest” program they plan to introduce next year. “We are not on track […]
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Bentz: Legislature should prioritize revenue/PERS reform

A coalition has filed an initiative petition requiring state and local agencies to use excess revenue to pay down PERS obligations. A prominent legislator who helped shepherd a massive transportation package through the Legislature earlier this year is meeting resistance from leadership on his calls to prioritize budget and tax reform. Source: Pamplin Media Group […]
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New ballot bids on taxes and PERS

Bend firm on point for ballot measures. A partner in a Bend law firm with ties to the Republican Party is point man for proposed constitutional amendments on taxes and the Public Employees Retirement System. Source: New ballot bids on taxes and PERS; Bend firm on point for ballot measures

State economists tackle pot, but gaps persist in young industry

Economists say Oregon will see net marijuana revenues of about $142 million in the next two years. Oregon state economists are crunching numbers on a product that in many other states remains illegal — marijuana. Under House Bill 3470, passed this legislative session, state economists have been asked to project future tax revenues from pot. […]
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