After several difficult years brought on by the economic downturn and the resulting plight of the development and real estate market in Central Oregon, the FY 2016 budget proposal reflects the third year of significant improvement in regional and state economies.
As the FY 2016 proposed budget was nearing completion, the Oregon Supreme Court issued their long-awaited opinion of the 2013 legislative changes to the Public Employment Retirement System included in SB 822. Possible changes to the proposed budget as a result of that opinion will be discussed during budget deliberations.
The public hearing and final budget deliberations are scheduled for June 22. Budget meetings, public hearing and final deliberations will be held at the Deschutes Services Center building, 1300 NW Wall St. in Bend.