ORIENTATION MEETING

 

TAPE 2-3, A

 

 

SENATE REVENUE COMMITTEE

JANUARY 21, 2003†† 1:00 PM†† STATE CAPITOL BUILDING

 

Members Present:††††††††† ††††††††††† Senator Ryan Deckert, Chair

††††††††††††††††††††††† ††††††††††† ††††††††††† Senator Ted Ferrioli, Vice Chair

††††††††††††††††††††††† ††††††††††† ††††††††††† Senator Tony Corcoran

††††††††††††††††††††††† ††††††††††† ††††††††††† Senator Charlie Ringo

††††††††††††††††††††††† ††††††††††† ††††††††††† Senator Bruce Starr

 

Members Excused:†††††††† ††††††††††† Senator Lenn Hannon

 

Staff Present:††††††††††† ††††††††††† Paul Warner, Legislative Revenue Office

††††††††††††††††††††††† ††††††††††† ††††††††††† Tara Lantz, Committee Assistant

 

TAPE 2, SIDE A

 

003

Chair Deckert

Calls meeting to order at 1:03 pm.

 

 

 

009

Paul Warner

Briefly outlines orientation schedule for next week.

 

 

 

019

Warner

Gives outline for overview presentation and begins with the prelude to the current revenue situation that occurred during the 1990ís. Exhibit 1, slides 1-3.

 

Questions and answers interspersed.

 

 

 

135

Warner

Discusses Oregonís revenue system comparing the 1990ís to the present. Exhibit 1, slides 4-6.

 

Questions and answers interspersed.

 

 

 

293

Warner

Discusses the growth in revenue and the general fund during the 1990ís. Exhibit 1, slides 7-10.

 

Questions and answers interspersed.

 

 

 

416

Warner

Discusses the 2001-2003 recession and decline in revenue and employment growth. Exhibit 1, slides 11-14.

 

Questions and answers interspersed.

 

TAPE 3, SIDE A

 

067

Warner

Discusses current revenue projection. Exhibit 1, slides 15-17.

 

Questions and answers interspersed.

 

 

 

233

Warner

Discusses states ranked by largest tax as percentage of state tax collections. Exhibit 1, slide 18.

 

 

 

244

Warner

Discusses budget response to revenue shortfall. Exhibit 1, slide 19. Questions and answers interspersed.

 

 

 

275

Warner

Discusses the projected economic recovery and growth in revenue for 2003-2005. Exhibit 1, slides 20-24.

 

Questions and answers interspersed.

 

 

 

491

Warner

Administrative business.

 

510

Chair Deckert

Adjourns meeting at 2:00 pm.

 

 

 

 

 

 

 

Tape Log Submitted by,

 

 

 

Tara Lantz, Committee Assistant Reviewed by Kim Taylor James

 

Exhibit Summary:

1.      Warner, Oregonís Revenue Situation, 12 pp.