Professional Documents
Culture Documents
NEW FACTS
Fourth Quarter personal income tax collections were up $75.5 million (4.1%) from
the December 2016 forecast.
Fourth Quarter corporate income tax collections were up $46.2 million (47.9%) from
the December 2016 forecast.
Oregon personal income was up $0.3 billion (0.2%) from the December 2016 forecast.
Oregon employment was up 1,358 jobs (0.1%) from the December 2016 forecast.
2015-17
EFFECT ON 2% KICKER
($ Million)
2015-17
REVENUE CHANGES
Projected 2015-17 Net General Fund resources are up $102.7 million (0.6%) from the
December 2016 forecast.
Projected 2015-17 Lottery resources are down $0.1 million from the
December 2016 forecast.
Projected combined net General Fund and Lottery resources are up $102.6 million
(0.5%) from the December 2016 forecast.
Forecast Summary Page 4 of 7
2015-17
ENDING BALANCE
The projected ending balance is up $23.7 million (7.3%) from the 2015 Close-of-
Session estimate.
The projected ending balance is up $102.7 million (41.9%) from the December 2016
forecast.
The Rainy Day Fund is projected to receive $180.7 million following the 2015-17
biennium.
2015-17
2017-19
2019-21
2021-23
2023-25