Legislation would use unanticipated revenue for education and Oregon’s reserve funds
(May 21, 2015, Salem, OR) – Representative Tobias Read issued the following statement:
“The May revenue forecast proves that Oregon’s economy is moving in the right direction, but we still need to invest in Oregon. The state is expecting unanticipated revenue of over $450 million. House Bill 3555 gives us an opportunity to invest in the things that reflect our values as Oregonians, and to turn around years of cuts to our K-12 schools, our colleges, and our universities.
“It also means that we have an opportunity to boost the baseline K-12 budget we passed earlier this year.
“I’m sponsoring a bill that will use a portion of this revenue to bolster K-12 and higher education, and to set some money aside in the reserve fund. It’s one of my top priorities. I hope all of my colleagues are willing to join me to make these investments in Oregon’s future.”
Posted on May 26, 2015.
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