November 23 2017
Late last month, Gov. Kate Brown announced a bold initiative: She plans to sell $5 billion worth of public assets to pay down part of Oregon's $22 billion pension deficit. Without providing specifics, Brown said just about anything except state forests, parks and prisons could be had for the right price.
According to sources familiar with the governor's thinking and recent efforts in other states, that could include not only property but as many as four state agencies—overseeing everything from liquor and cannabis sales to keno machines and Portland's light-rail system.
It's too early to know how much buyers might pay for Oregon agencies, but based ... [Full Story]