September 2009 Revenue Forecast

2009-11 Budget

The projected 2009-11 General Fund revenue is down $139 million from the Close-of- Session estimate.  Most of this is due to a $132 million decline in personal income tax revenue.

The General Fund and Lottery resources are down $182 million from the 2009 Close-of- Session estimate. 
 
 Total General Fund and Lottery revenue for 09-11 is estimated at $14,491.5 million.

 State Reserve Funds

  • The 09-11 ending balance for the Rainy Day fund is projected to be $132.8 million.   The 09-11 ending balance for the Education Stability Fund is projected to be $187.3 million. 
  • Total Reserves projected for the 09-11 ending balance are projected to be $320.1 million.

 Lottery

  • Projected 2009-11 Lottery resources are down $43.1 million from the Close-of-Session forecast. 

    The entire forecast can be viewed at:

http://www.oregon.gov/DAS/OEA/economic.shtml#Most_Recent_Forecast