Oregon’s budget increased cumulatively more than pop+inf in state funds and all funds from 2014-23, meaning taxes are higher than the average taxpayer can afford.

  • The 2023 state funds budget is $17.4 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 and taxed $77.9 billion too much.
  • The 2023 all funds budget is $26.8 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 fsater than population growth plus inflation over the past decade, the state spent and taxed $126.4 billion too much.

State Funds Budget Data

  • Estimated FY 2024 Only State Funds Budget ($ Billions): $49.49
  • FY 2025 Only State Funds Budget Limit ($ Billions): $52.10
  • FY 2025 Only State Funds Budget Limit Growth ($ Billions): 5.27%
  • Cost per person of state funds budgeting more than pop+inf over the last decade in 2023 budget: $4,101
  • Cost per family of 4 of budgeting more than pop+inf over the last decade in 2023 budget: $16,403
  • Cumulative cost per person of state funds budgeting more than pop+inf over the last decade from 2014-23: $18,409
  • Cumulative cost per family of 4 of state funds budgeting more than pop+inf over the last decade from 2014-23: $73,634

State All Funds Budget Data

  • Estimated FY 2024 All Funds Budget ($ Billions): $69.72
  • FY 2025 All Funds Budget Limit ($ Billions): $73.39
  • FY 2025 All Funds Budget Limit Growth ($ Billions): 5.27%
  • Cost per person of all funds budgeting more than pop+inf over the last decade in 2023 budget: 6,324
  • Cost per family of 4 of all funds budgeting more than pop+inf over the last decade in 2023 budget: 25,294
  • Cumulative cost per person of all funds budgeting more than pop+inf over the last decade from 2014-23: 29,865
  • Cumulative cost per family of 4 of all funds budgeting more than pop+inf over the last decade from 2014-23: 119,461

Other Considerations