EORACEastern Oregon Regional Arts Council
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References in periodicals archive ?
EORAC has a tougher decision than usual to make this year, because personal income tax receipts though not corporate or sales tax receipts have been down for several months.
Ultimately, EORAC could choose a lower rate of growth to avoid the possibility of having to cut budgets later in the year.
Alternatively, because the state does have rainy-day accounts, legislators could choose to borrow money from them until personal income tax receipts catch up, and then pay them back using a surplus eliminator, said EORAC member Sen.