OREGON UPDATES
Governor Kotek Releases 2025-2027 Budget, Urges Building on Progress Recommended budget highlights investments in housing and homelessness, behavioral health, and education Salem, OR | December 18, 2024 | Press Release T oday, Governor Tina Kotek unveiled her 2025-2027 recommended budget entitled Building on Progress. “My approach to being your Governor will always be grounded in truth, pragmatism, and a relentless pursuit
and take stock of where we have been and where we are going, I fundamentally believe the Legislature needs to pass budgets for the next two years that build on the progress we have achieved together.” Governor Kotek is recommending investments that would deliver on issues of shared concern across Oregon. Highlights include: Homelessness: Infrastructure to stabilize, partnerships to forge ahead The Governor is unrelenting in the fight for every Oregonian to have a safe, affordable place to call home. Her 2025-2027 budget shows resolve toward continuing our progress on addressing homelessness by committing more than $700 million, including: • $217.9 million to maintain Oregon’s statewide system of shelters. The Oregonians who are still spending the night on our streets are relying on statewide support and we cannot afford to allow our progress to stall.
of equitable outcomes for all Oregonians,” Governor Kotek said. “The December revenue forecast projects stability for Oregon, and I am pleased to share that my budget does not lay off people or cut services, and instead strategically deepens our commitment to building progress on Oregonians’ top priorities while remaining disciplined when it comes to new programs. “Over the last two years I have had the opportunity to travel to all 36 counties, visit Oregon’s nine federally recognized Tribal nations, and continue consulting with the Governor’s Racial Justice Council. These conversations have helped inform my approach to decision making and have strengthened my ability to be a Governor for the whole state. “As I approach the halfway mark of my first administration
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The Business Review | December 2024
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