Oregon’s budget increased cumulatively more than the maximum rate of population growth plus inflation in state funds and all funds from 2016-25, meaning taxes are higher than the average taxpayer can afford.

  • The 2025 state funds budget is $8.2 billion higher than it would have been had spending grown at the rate of population growth plus inflation over the past decade.
  • Because the state funds budget grew faster than population growth plus inflation for the last ten years, the state spent $51.2 billion too much.
  • The 2025 all funds budget is $13.7 billion higher than it would have been had spending grown at the rate of population growth plus inflation over the past decade.
  • Because the all funds budget grew faster than population growth plus inflation over the past decade, the state spent $89.5 billion too much.

State Funds Budget Data

  • Estimated FY 2026 Only State Funds Budget ($ Billions): $ 45.72
  • FY 2027 Only State Funds Budget Limit ($ Billions): $ 47.19
  • FY 2027 Only State Funds Budget Limit Growth (%): 3.19%
  • Cost per person of only state funds budgeting more than pop+inf over the last decade in 2025 budget: $ 9,306
  • Cost per family of 4 of only state funds budgeting more than pop+inf over the last decade in 2025 budget: $ 1,913
  • Cumulative cost per person of only state funds budgeting more than pop+inf over the last decade from 2016-25: $ 11,979
  • Cumulative cost per family of 4 of only state funds budgeting more than pop+inf over the last decade from 2016-25: $ 47,917

All Funds Budget Data

  • Estimated FY 2026 All Funds Budget ($ Billions): $ 65.67
  • FY 2027 All Funds Budget Limit ($ Billions): $ 67.77
  • FY 2027 All Funds Budget Limit Growth (%): 3.2%
  • Cost per person of all funds budgeting more than pop+inf over the last decade in 2025 budget: $ 12,868
  • Cost per family of 4 of all funds budgeting more than pop+inf over the last decade in 2025 budget: $ 3,201
  • Cumulative cost per person of all funds budgeting more than pop+inf over the last decade from 2016-25: $ 20,954
  • Cumulative cost per family of 4 of all funds budgeting more than pop+inf over the last decade from 2016-25: $ 83,814

Other Economic and Fiscal Considerations