Eugene Budget Outlook Brightens

EUGENE, Ore. — Eugene’s general fund forecast is out, and its picture is better than expected.

The city’s budget committee met Monday night and revealed the true shortfall in next year’s budget is closer to $3 million — down from a previous forecast of $5.3 million.

The difference of $2.3 million is the result of lower-than-projected PERS costs and higher-than-projected property tax revenue, officials said.

“We’ve got to plan for the worst,” Councilor George Poling said in an interview. “So right now we’re making steps preparing, not only for this budget process, but the one for the next fiscal year also.”

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