 Financial Estimate Committee (FEC) Meeting Scheduled
Pursuant to ORS 250.125, a five-member Financial Estimate Committee (FEC), composed of the Secretary of State, State Treasurer, Director of the Department of Revenue, Director of the Department of Administrative Services, and a local government representative must prepare an estimate of the financial impact of each measure to be voted on in statewide elections. Once completed, the financial estimate statement will be printed in the Voters’ Pamphlet and on the ballot.
Financial Estimate Committee Members
- Secretary of State LaVonne Griffin-Valade, FEC Chair
- State Treasurer Tobias Read
- Director of the Department of Administrative Services Berri Leslie
- Director of the Department of Revenue Betsy Imholt
- Local government representative Ernest Stephens, who is on the Board of Directors for the Northwest Regional Education District
The FEC will meet to draft financial estimate statements for all viable ballot measures. Once the statements have been drafted, the Secretary of State’s office will schedule hearings to receive public comments on the draft financial impact statements. If a statement receives comments during the public hearing, the FEC must meet to review those comments and consider revisions to the statement.
Interested parties may observe the FEC committee deliberations via the Oregon Legislative website at: https://www.oregonlegislature.gov/citizen_engagement/Pages/NonLegislative_Video.aspx. After the meeting, the video of the meeting will be available on the Secretary of State’s website: https://sos.oregon.gov/elections/Pages/committee-meetings.aspx.
Currently scheduled committee meetings
Currently scheduled committee meetings are listed below. Additional information will be publicized when information is available. The schedule is as follows:
Tuesday, June 18, 2024, 1:00 p.m. (Virtual Meeting)
- Draft Financial Impact Statements:
- IRR 401, a constitutional amendment related to impeachment of statewide elected officials by the Oregon Legislature.
- IRR 402, a constitutional amendment related to establishing an “Independent Public Service Compensation Commission” to determine salaries for specified officials.
- IRR 403, a statutory amendment related to establishing Ranked Choice Voting.
- Vote on Financial Impact Statements
Thursday, July 18, 2024, 1:00 p.m. (Virtual Meeting)
- Draft Financial Impact Statements
- Vote on Financial Impact Statements
Thursday, July 25, 2024, 1:00 p.m. (Virtual Meeting)
- Draft Financial Impact Statements (as needed)
- Vote on Financial Impact Statements
Wednesday, August 7, 2024, 1:00 p.m. (Virtual Meeting)
- Reconsideration and potential vote on financial impact statement in light of submitted public testimony
Public Information:
There will not be an opportunity to take public comment at these meetings. Information and documents relating to the FEC will be shared on the Secretary of State’s website: https://sos.oregon.gov/elections/Pages/committee-meetings.aspx. There, anyone may sign up to receive electronic notifications about the FEC, including upcoming meetings.
Contact Information:
For questions on the FEC or general ballot measure process, please contact the Oregon Secretary of State Elections Division 503-986-1518 or elections.sos@oregon.gov.
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