Oregon budget increases support for housing and treasury services

June 13, 2025 | Ways and Means, Joint, Committees, Legislative, Oregon

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Oregon budget increases support for housing and treasury services

This article was created by AI using a video recording of the meeting. It summarizes the key points discussed, but for full details and context, please refer to the video of the full meeting. Link to Full Meeting

Oregon's Joint Committee on Ways and Means has approved significant budget proposals aimed at enhancing housing initiatives and state treasury operations during its meeting on June 13, 2025. The committee recommended a total budget of $67 million, which includes $44.4 million from the general fund, $12.9 million from other funds, and $9.6 million in federal funds. This budget reflects a 16.8% increase from the current service level, primarily driven by investments in housing-related projects.

Key allocations within the budget include $5.5 million in general funds designated for technical assistance grants to local governments involved in housing efforts and wetland inventories. Additionally, $200,000 is earmarked for completing capacity and urbanization rule-making, while $300,000 will fund a consultant to analyze the impacts of state housing policies.

The committee also discussed Senate Bill 5528, which was recommended for passage. However, concerns were raised by Representative Evans regarding the agency's recent enforcement of permitting processes that could hinder housing development. Evans emphasized the need for flexibility, particularly for small communities, to facilitate progress in housing initiatives.

In a separate discussion, the committee reviewed Senate Bill 5542, which pertains to the budget for the Oregon State Treasury. This proposal includes a budget of $157.8 million in other funds and 243 positions, marking a 7.5% increase from the current service level. The budget aims to support investment services and enhance information technology and legal services within the treasury.

The committee's decisions reflect a commitment to addressing housing challenges and improving state financial operations, with implications for local governments and community stakeholders across Oregon. As these budget proposals move forward, their successful implementation will be crucial in meeting the state's evolving needs.

Converted from Joint Committee On Ways and Means 06/13/2025 meeting on June 13, 2025
Link to Full Meeting

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