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Statement by Charles Sheketoff, executive director, OCPP on the September Oregon Economic and Revenue Forecast

News Release Today’s revenue forecast should be cause for concern for legislators and voters alike. The 2007 legislature budgeted a $184.2 million ending balance as a cushion against forecasting errors and uncertainties, most of which (about $140 million) was slated to be deposited in the newly created Rainy Day Fund after the end of this

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