In the 2015-17 biennium
, the period for which the Legislature is currently crafting a budget, revenues are now predicted to exceed earlier projections by $264 million.
For the first meeting of the 2013-2014 biennium
, IPPIC submitted two formal proposals and one informational paper.
MTNA honored the national officers who served during the 2001-2003 biennium
Oregon passed a balanced budget for the 2011-2013 biennium
that did not raise revenue though it does in part rely on reserve draws.
Revenues have climbed $258 million beyond forecast levels during the current biennium
Today, the Comptroller is increasing the sales tax revenue estimate for the fiscal 2012-13 biennium
by an additional $1 billion.
As we begin this biennium
, I have two simple messages--get your fellow citizens out to vote and get your fellow citizens to join the League of Women Voters.
As we approach the end of the biennium
, in this, the final column from this MTNA president, it seems appropriate to assess MTNA's accomplishments with regard to the agenda the Board of Directors adopted at the very beginning of this biennium
While results for the fiscal year which ended June 30 are not yet reported, the economic and revenue forecast prepared in September indicates that budgetary operations for the biennium
are on track.
PIT collections have been volatile, falling 12% in the 2001 - 2003 biennium
and rising by nearly 17% in the 2003 - 2005 biennium
and 23% in the 2005 - 2007 biennium
25 billion more than the budget for the current biennium
- or, if one-time federal stimulus funds are counted, the amounts are roughly the same.
The Legislative Budget Board says the state used about $14 billion in federal stimulus money to balance to budget in the current biennium