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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Can Closure Trend Help Open Forest Bioeconomy Opportunity?
Perhaps he’s the hardest working man in show business, but soon after keynote speaking at the Wood Bioenergy Conference & Expo in Atlanta, here was American Loggers Council (ALC) Executive Director Scott Dane on Fox News Business with Stuart Varney citing an ALC report showing that during the past 15 months, roughly 50 forest products facilities around the country have announced closures, curtailments or reductions that have eliminated 10,000 jobs.
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