Government officials in Oregon have been fully transparent about just five of the state’s 19 economic-development subsidies, despite required reporting laws, shows an annual study released Tuesday.
The 14 other incentives either lacked required information or disclosed none at all, according to the Portland-based OSPIRG Foundation.
The report did acknowledge that the handful of programs with the most public details are among the most heavily tapped. They account for nearly two-thirds of Oregon’s $671 million in subsidy spending.
“The major takeaway is that taxpayers have a better picture on how tax dollars are spent on economic development,” said Celeste Meiffren, an OSPIRG advocate and author of the new “Revealing Tax Subsidies” report. Continue>>>