Hillsboro School District Weekly Hot News, December 2, 2024, December State Revenue Forecast & Legislative Advocacy Packet
Manage episode 452337334 series 3382288
Oregon released its December Economic and Revenue Forecast on Wednesday, November 20.
The forecast showed significant surges that are projected to generate an additional $982.5 million in Net General Fund and Lottery Resources for the 2023-25 biennium, compared to the September 2024 Forecast. The projected personal kicker jumped to $1.792 billion (up from $987 million) and the projected corporate kicker grew to $1.024 billion (up from $882.8 million). Corporate kicker funds will be required to be spent on K-12 education during the 2025-27 biennium. None of the additional resources are available to schools in the current school year.
Full story on our website at www.hsd.k12.or.us
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