Salem, OR—(posted from Ho Chi Minh City, Vietnam) — Governor Kate Brown today issued the following statement on the state’s November revenue forecast:
"Our latest revenue forecast shows that, thanks to the continued fiscally responsible decisions state government has made over the last several years, we remain well positioned with significant reserves to prepare for any economic challenges that may lie ahead.
“This is welcome news at a time when the forecast also anticipates a slight economic downturn. Because we have made prudent financial decisions, the state has the ability, if needed, to invest in resources to help Oregonians who may feel its impacts.
“With this forecast, the legislature should also be prepared, as they enter the upcoming session, to respond to economic challenges and take meaningful action to benefit Oregon’s working families.”
Information on today's revenue forecast is available on the Oregon Legislative Information System.