
Umbrella Bin
May 01, 2002
Keywords:
Oregon, ballot, measure, 13, umbrella, education, rainy day, fund, budget, deficit-
News Item
Ballot Measure 13 proposes to convert the Education Endowment Fund into the "Education Rainy Day Fund," but not before removing nearly all of its $270 million principal, leaving the state without any financial reserves to deal with future potential budget troubles.