Public Finance

Here is Joe Cortright's November 14, 2008 presentation to the One Oregon conference in Salem.  Impresa's fiscal flow analysis shows that the Portland metropolitan area contributes about $450 million annually for K-12 education in the rest of the state, and nearly $100 million a year for the Oregon Health Plan.

Oregon’s fiscal system is a major engine for redistributing income among different regions of the state. The state general fund comes primarily from personal income taxes which disproportionately arise from the Portland metropolitan area. A majority of general fund/lottery fund spending goes to two programs: K-12 state school support and the Oregon Health Plan. The recipients of these funds are disproportionately located outside metropolitan Portland.