1990’s: State enjoyed huge economic growth and diversification • Total gross state product increased by 98% from 1991-2001. • High-tech industry growth. • Population growth – 11 th fastest growing state. • Personal income grew at annual rate of 5.6%, exceeding the nation. • Exports increased by a compound annual rate of 5.8%. • State General Fund grew from $4,628.1 million in 1989-91 to $10,121.8 million in 1999-2001 – dollars primarily went to K- 12, Oregon Health Plan, and Public Safety. • Kicker returned for personal income tax filers 7 times, totaling over $1.5 billion; for corporate tax filers 5 times, totaling over $400 million.
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1990’s: State enjoyed huge economic growth and diversification Total gross state product increased by 98% from 1991-2001. High-tech industry growth. Population.
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1990’s: State enjoyed huge economic growth anddiversification• Total gross state product increased by 98% from 1991-2001.• High-tech industry growth.• Population growth – 11th fastest growing state.• Personal income grew at annual rate of 5.6%, exceeding the nation.• Exports increased by a compound annual rate of 5.8%.• State General Fund grew from $4,628.1 million in 1989-91 to
$10,121.8 million in 1999-2001 – dollars primarily went to K-12, Oregon Health Plan, and Public Safety.
• Kicker returned for personal income tax filers 7 times, totaling over $1.5 billion; for corporate tax filers 5 times, totaling over $400 million.
2003-05 All Funds
Transportation$2,672.8
6.0%
Natural Resources$1,388.9
3.7%
Consumer and Business Svcs.
$784.62.4%
Administration$6,909.4
14.4%All Other
$113.40.3%
Higher Education$4,153.8
11.1%
Other Education$2,219.9
5.2%
State School Funding
$4,930.613.9%
Economic and Comm. Dev.
$5,829.112%
Human Services$9,334.0
24.0%
Public Safety/Judicial
$2,472.87.0%
ResourcesTotal: $84,451.0 Million
ExpendituresTotal: $40,809.3 Million
Lottery$756.90.7%
Federal Funds$8,056.1
8.6%
Other Funds$23,680.8
27.6%
General Fund Revenues$10,217.4
13.0%Other Funds and
Federal Funds Beginning Balance
$41,739.850.1%
All Funds Expenditures
Transportation$1,084.8
7.6%
Natural Resources$673.44.7%
Miscellaneous$274.81.9%Administration
$1,247.7 8.7%
Economic Development*
$3,199.522.3%
Public Safety/ Judicial$407.92.8%
Human Resources$3,563.524.7%
Higher Education$2,051.214.3%
State School Fund$1,176.1
8.2%
Legislative Branch$40.30.3%
Other Education$641.24.5%
Administration$3,551.512.0%Transportation
$2,059.17.0%
Natural Resources$1,179.5
4.0%
Economic Development
$3,451.911.7% Public Safety/
Judicial$2,135.8
7.2%
Human Resources$7,341.424.8%
Other Education$1,754.2
5.9%
Higher Education$2,712.5
9.2%
Legislative Branch$59.00.2%
Miscellaneous$146.20.5%
State School Fund$4,674.215.8%
Consumer and Business Services,
$511.51.7%
Legislative Branch$64.90.2%
Miscellaneous$225.90.7%Administration
$4,033.511.8%
Consumer and Business Services
$812.92.5%
Transportation$1,814.5
5.3%
Natural Resources$1,302.9
3.8%
Economic Development
$4,102.412.0%
Public Safety/ Judicial$2,324.0
6.8%
Human Resources$8,514.125.0%
Other Education$1,895.4
5.6%
Higher Education$3,794.311.1%
State School Fund$5,192.215.2%
Administration$5,084.815.1%Consumer and
Business Services$850.62.2%
Transportation$2,002.5
5.2%Natural Resources
$1,474.93.8%
Economic Development
$5,719.314.8% Public Safety/
Judicial$2,782.3
7.2%
Human Resources$9,343.024.2%
Other Education$1,879.3
4.9%
Higher Education$3,906.610.1%
State School Fund$4,729.412.3%
Legislative Branch$63.50.2%
2001-03 Close of SessionTotal: $34,077.0 Million
2001-03 FinalTotal: $37,836.3 Million
1989-91 Legislatively AdoptedTotal: $ 14,360.4 Million
1999-2001 Legislatively AdoptedTotal: $29,576.8 Million
*Includes Consumer and Business Services
General Fund Forecast ComparisonFiscal Years, in MillionsGeneral Fund Forecast Comparison
September 2004 Forecast Actual Revenues COS 2001 Forecast
Lottery Resources Available to the State
Office of Economic Analysis
Note: Resources do not include Video Lottery proceeds dedicated to the Counties. Beginning balance is included. 2003-09 debt service figures do not reflect any Education Endowment Fund or reserve earnings designated for debt service on education bonds.
Patrol Services Fish and Wildlife Criminal Investigation Other
937
833870 891 894 884 896
821 835854
925
807
635657
Policy Decisions• Oregon Health Plan (OHP)
The Office of Medical Assistance Programs budget has increased significantly since 1989-91. The General Fund and tobacco funded portion has increased from approximately $201 million to $1.21 billion.