Hillsboro School District Weekly Hot News May 25, 2026 - Oregon’s June 2026 Economic and Revenue Forecast

Oregon’s Office of Economic Analysis released the State’s June 2026 Economic and Revenue Forecast on Wednesday, May 20. The news is mixed, with challenges remaining from slowing wage growth, softening labor conditions, and more persistent inflation pressures amid geopolitical uncertainty and elevated energy prices. Contributors to State revenue growth were strong financial markets, capital gains collections, and a partial disconnect from the federal tax code in response to the federal tax cuts included in HR 1.State School Fund allocations come from combined General Fund and Lottery dollars, so those revenue streams are the ones we watch most closely. Since the March 2026 Forecast, General Fund resources are up $345 million and Lottery resources are up $35.2 million, for a combined increase of $380.2 million. These revenue streams are up $30.8 million since the Close of Session Forecast - the first time they’ve been in the positive this biennium. Things to watch moving forward are the impact of legislatively approved increases to spending outside of education - there was a $198 million increase in the 2026 short session - any potential challenges to the federal tax code disconnect bills, and legislative appetite for utilizing reserve funds for K-12 education in the 2027-29 biennium. The Hillsboro Schools Foundation conducted its highly anticipated “Surprise Patrol” the week of May 18 through 22, where winners of Engagement Grants for the following school year are announced. In all, fifteen proposals received funding - twelve from HSF directly, and three from anonymous donors. Projects range from bringing art literacy curriculum to McKinney Elementary School; to adding barbering and cosmetology stations to the career learning lab at R.A. Brown Middle School; to providing the tools for students to use reading, writing, and creativity to craft their own board games at Century High School; and many more! While the projects may differ, what they have in common is their ability to engage students in their learning and provide experiences that would not be possible under normal school funding. Many thanks to HSF for your ongoing support of innovation and engagement in HSD schools!Hot News is produced and emailed to HSD families and staff each week school is in session. Please add the address to your “safe sender” list to make sure you always receive the latest issue. Please also bookmark our district website: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠hsd.k12.or.us⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ to stay informed about what’s happening in our district and schools.