OWEB’s Long-Term Investment Strategy
The Long-Term Investment Strategy will be a multi-year framework for implementing OWEB’s Mission and Strategic Plan Goals to achieve priority ecological, community, and economic outcomes. The Long-Term Investment Strategy will identify how the Board desires to structure its investment portfolio to achieve its priorities and identified outcomes to be pursued over time through two-year Spending Plans. The Long-Term Investment Strategy is not OWEB’s Strategic Plan and is not the two-year Spending Plan, but is informed by, and informs, implementation of the Strategic Plan and the Spending Plan.
Why is OWEB Developing a Long-Term Investment Strategy?
Before Oregon voters passed Ballot Measure 76 in 2010, dedicated Lottery funds for restoration, enhancement and protection of clean water and native fish and wildlife habitat would have ended in 2014. Measure 76 provides dedicated funds with no end date. This long-term funding horizon makes it important for OWEB to consider its long-term investment strategy. In addition, OWEB values all the good work and accomplishments of its many partners, but recognizes that there is not enough OWEB grant funding to meet all needs. A goal of developing a long-term investment strategy is increased transparency around OWEB’s investment priorities and decision processes so that everyone can understand OWEB’s programs and objectives and align their work with them when needed.