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Archive Home > 2002 > May > 18 > State budget picture worse than expected

State budget picture worse than expected

Income tax revenue well short of forecasts

By James Sinks / The Bulletin
May 18, 2002

SALEM - Oregon lawmakers who thought they'd mostly solved the state's budget woes in two special sessions early this year got an unexpected jolt of bad news on Friday.

Oregon income tax collections in the current biennium, which ends on June 30, 2003, are running far less than expected and will....

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