Oregon Dept. of Forestry Seeks Operating Loan
State forestry officials are seeking changes to the way the state funds firefighting efforts after the agency had to ask the Oregon State Treasury for a $60 million loan to tide the agency over until it can get more money from the Legislature. After taking the brunt of this year’s $317 million in firefighting costs (almost half will be reimbursed—eventually—from the federal government), the Oregon Dept. of Forestry is broke.
According to ODF officials, the agency has had to ask for loans several times in the past 20 years, most recently in 2021. They add that firefighting costs have increased dramatically the past decade at a rate of more than $10 million annually of rising costs. The agency is working on a report that includes potential new funding models that will be forwarded to the 2025 legislature.
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In between looking for extra employees to fill out another shift or solidify the one or two already in place, or perhaps looking for larger vaults to hold the cash they’ve been putting away thanks to record lumber prices, lumber suppliers would be smart to take a look at the health of the supply chain feeding their mills. Ensuring all those nice equipment investments meet projections and ROI numbers requires a consistent flow of quality timber…
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