UPDATE (Aug. 23 at 8:45 a.m.) It's official: Oregon taxpayers will receive a $464 million kicker next year. Read more here.


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Oregonians will find out Wednesday morning if they'll receive a kicker rebate on their taxes next year.

The kicker is that unique Oregon institution that dishes out money to taxpayers when the state's official economists under-predict how much revenue the state will collect over a two-year period.

At their last update in May, those economists pegged it at a two-in-three chance that the kicker would kick in this year. They said that could mean that more than $400 million in state revenue would be sent back to taxpayers when they file their tax returns next spring.

A typical taxpayer would get around $85 back.

The August revenue forecast at the state Capitol is when those numbers are finalized. A slight swing in tax revenue could mean no kicker rebate at all.

THANKS TO OUR SPONSOR:
THANKS TO OUR SPONSOR:
THANKS TO OUR SPONSOR: