Down in Salem, the Office of Economic Analysis today updated its forecasts of state revenues. For the current 2011–13 biennium, revenues to Oregon’s general fund are now forecasted to be $14.248 billion, an increase of $126 million (0.9 percent) from the amount forecasted in February. For the upcoming 2013–15 biennium, the new forecast is $15.606 billion, an increase of $161
million (1.0 percent).

OTA notes that, while these dollar changes are not significant, “risks to the forecast are becoming skewed to the upside.”

A summary of the forecast is available here.