Government
Oregon Gov. Tina Kotek proposes $32.1 billion 2023-25 budget
The $32.1 billion state budget Gov. Tina Kotek proposed Tuesday redirects hundreds of millions of dollars that would have gone to the state’s reserves to build houses, teach kids to read and improve access to mental health services. Education and human services, including funding behavioral health and homelessness, make up…
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Grant Applications Open to Organizations Advancing Economic Equity
Business Oregon has opened a Request for Grant Applications (RFGA) for the Economic Equity Investment Program—a new program created to promote durable economic advancement among historically marginalized communities. The Economic Equity Investment Program (EEIP) offers nearly $15 million in grant funding to culturally responsive organizations to provide outreach, support, and…
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Business Oregon Awards Funding for Innovation Projects in Business and Industry
Business Oregon and the Oregon Innovation Council (Oregon InC) is awarding nearly $1 million in a new round of funding to support innovation in Oregon. Eleven recipients will receive awards from two grant programs, the High Impact Opportunity Projects (HIOP) and Small Business Innovation Research (SBIR) matching grants. “Business Oregon,…
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Rural Oregon Cities Receive Business Oregon Community Development Block Grants
Business Oregon is supporting eight city projects statewide through the Community Development Block Grant (CDBG) program. The CDBG program supports the development of livable communities by expanding economic opportunities and providing suitable housing and living environments for persons of low and moderate income. These eight grants total $10,582,401 and assist…
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Oregon Gov. Tina Kotek takes office with a promise to ‘make things better’
As she took office as governor Monday, Tina Kotek promised to wake up every day with a mission: to take on Oregon’s biggest challenges and make things better. “It’s a simple idea – making things better – but as we all know, a difficult thing to achieve,” she told members…
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I am extremely sad about my vote for Tina Kotek in the Oregon Governor’s Election of 2022
By Joel Barker Opinion Disclaimer : The views and opinions expressed by the author do not state or reflect those of the Southern Oregon Business Journal and its management. Today, I am casting a vote I don’t want to, for the Democrat Tina Kotek for Oregon Governor. I am despondent what the…
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Are the federal stimulus payments taxed in Oregon?
By Oregon Department of Revenue The stimulus, officially called the Economic Impact Payments, are not taxed as income in Oregon. However, the payments may impact the federal tax calculations used on your Oregon income tax return. Background Oregon is one of six states that has a limited subtraction for federal…
Read MorePotential 2021 Kicker Credit
Why is a kicker in the news? The Oregon Economic and Revenue Forecast released February 24, 2021 indicates Oregon’s actual revenue in 2019‒21 is expected to be better than projected, raising the possibility of an Oregon state surplus income tax credit known as the “kicker” to be claimed on the…
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The second stimulus bill and impact on housing
By Brad Cartier stessa.com Diana Olick of CNBC opened up the week with some interesting real estate data to put 2020 to a close. Although mortgage applications fell 5% last week, they are still 26% higher than they were at the same time last year. Refinance volume jumped 4% as…
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Governor Kate Brown Releases Recommended Budget and Policy Agenda
Budget focuses on addressing key challenges facing Oregonians to build a stronger, fairer, and more resilient state By State of Oregon Newsroom on December 1, 2020 Governor Kate Brown released her recommended budget and policy agenda for the 2021-23 biennium, which focuses on the key challenges facing Oregonians: the public…
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Oregon Business & Industry Statement on Gov. Kate Brown’s Proposed 2021-23 Budget
By Nathaniel Brown, communications director nathanielbrown@oregonbusinessindustry.com Over the last 10 months, families, businesses, and nonprofits across our state have had to tighten their belts and prioritize spending as the economic fallout from the COVID pandemic and wildfires devastated household incomes and robbed businesses and nonprofits of critical operating revenues. We expect…
Read MoreInnovation Projects Throughout Oregon will Advance with New Grant Awards
December 21, 2020 Diverse innovation projects across the state are moving forward with new grant funding from Business Oregon and the Oregon Innovation Council (Oregon InC). Oregon InC approved 21 projects through two separate innovation programs, the High Impact Opportunity Projects grant program and Small Business Innovation Research matching grants.…
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