The state budget is a tool used to carry out state law and policy decisions. The budget, which must be balanced, allocates all revenue resources including General Fund, Lottery, Federal and Other Funds that pay for public services. The budget may authorize debt financing for some projects and activities.
The budget covers two fiscal years, which is a biennium. The biennium begins on July 1 of an odd-numbered year and ends on June 30 of the next odd-numbered year (for example, July 1, 2013 - June 30, 2015).
The budget development process occurs in three major phases: Agency Request, Governor's Recommended Budget, and Legislatively Adopted Budget.
Blue Book: Government Finance: Through this link visitors will learn where state and local government money comes from and how agencies are using that money.
Oregon Public Finance: Basic Facts
Budget Process Overview: DAS Chief Financial Office (CFO)
The Chief Financial Office helps the Governor prepare a budget for the Legislature to consider. This Web site explains the phases of the budget process in detail.
Oregon Public Finance: Basic Facts (LRO) - 2011 Research Report #1-11
This report from the Legislative Revenue Office describes basic facts about public finance. Released in January 2011, the report reflects events that occurred before that date.
How Positions are Created, Budgeted and Used - Legislative Fiscal Office:This report answers common questions about state employees such as: how positions are created, budgeted for, and how much of the budget goes to cover the cost of employees.
STATE BUDGET (2013-2015)
•2013-2015 Governor's Balanced Budget (December 2012)
•2013-2015 Legislatively Adopted Budget Summary (July 2013)
•Analysis of the 2013-2015 Legislatively Adopted Budget (September 2013)
•Highlights of the 2013-2015 Legislatively Adopted Budget (September 2013)
•Highlights of 2013-2015 Legislatively Approved Budget UPDATE (April 2014)
For more information, click here to go to the State Budget and Agency Key Performance Measures Page.