Optimism Reigns with Current Economy
Recap from the Economic Forecast Breakfast.
The news and outlook is good for the economy moving into 2015, especially in Central Oregon.
Optimism and good news reigned during the Bend Chamber’s Vision 2015 Economic Forecast Breakfast featuring Tim Duy, Professor of Practice at the University of Oregon and Sr. Director of the Oregon Economic Forum and Mark Kralj, Principal at Ferguson Wellman Capital Management.
Topics ranged from things close to home like employment, housing, and education to a more global view with oil, the strength of the dollar, and inflation.
Starting with unemployment Duy pointed out Central Oregon continues to see improvement and when we finally get below 6% we will definitely start seeing some interesting changes. Read More >>
New utility rate structure approved by city council
By: Rachael Rees van den Berg, Bend Chamber Communications Coordinator
Bend City Council approved a new utility rate structure that is scheduled to take effect July 1.
“There’s still some work to do, but I think this is an important milestone and a good check point for the work that’s taken place over the past six months to begin a pretty big step into modernizing our rates,” said Bend City Manager Eric King.
During the Dec. 3 city council meeting, councilors selected Option 1 as the structure to vote on. Option 1 keeps utility bills as close to the current price as possible and gets the ball rolling on the Extra Strength Program – a program for customers, such as breweries, restaurants, grocery stores and hospitals, with wastewater that has a higher level of solid materials and organic water pollutants . Overall, Option 1 rewards smaller users of water and sewer, but doesn’t penalize larger users as much as other proposed options did. READ MORE