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State Budget

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 Overview
Oregon state government is a large organization. The following resources will help you learn more about its structure, budget, and performance measures.​​

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 also 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 odd-numbered years, and ends on June 30 of the next odd-numbered year. For example, July 1, 2021 - June 30, 2023.
Oregon's budget development process​ occurs in three major phases: Agency Request, Governor's Recommended Budget and Legislatively Adopted Budget. 

For the 2021-2023 budget cycle the Governor's budget team developed the Governor's Recommended Budget and presented it to the Legislature.

Legislative committees reviewed the proposed budget and held public hearings to gather information from agencies and the public. Each budget bill included a Budget Report that described the committees' recommendations. The Legislature voted on each budget bill. When the bills received the Governor's approval, they became law and comprised the Legislatively Adopted Budget. Agencies are now administering the budget over the current two-year budget period

The Oregon Legislature meets annually and can make changes to the budget either in full session, or through the Legislative Emergency Board meetings, held between sessions. 

The Governor may also call the Legislature into special emergency sessions to deal with budget issues. The Legislatively Adopted Budget and changes made during the biennium, make up the Legislatively Approved Budget.
Overview - Budget Process: DAS Chief Financial Office (CFO)
The Chief Financial Office helps the Governor prepare a budget for the Legislature to consider. These resources explain the various phases of the budget process. 

Public Fi​nance: Basic Fac​ts​ reports are provided through the Legislative Revenue Office (LRO), and describe basic facts about public finance. Visit​ the LRO publications section for current and historical reports. 

The Legislative Fiscal Office (LFO)​ provides reports on a wide range of budget and legislative topics. Visit the LFO publications section for current and historical reports.  

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