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<p class="MsoNormal"><span style="font-size:11.0pt">Hi everyone, <br>
<br>
To prepare for the 2026 Legislative Session, Oregon’s Legislative Fiscal Office (LFO) has requested a 5% and 2.5% reduction exercise, for both General Fund and Other Fund Assessment dollars, from every executive branch agency. This is similar to our standard
biennial 10% reduction exercise that all agencies are required to complete under Oregon law. These exercises help the Legislature and the Governor’s Office understand the potential impacts of budget decisions and ensure we are prepared for a range of fiscal
scenarios.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt"><br>
Monday, I turned in the attached reduction options form. These are options, <b><i>not yet decisions</i>,</b> for the Legislature when they meet in February 2026 to make choices. The first page is the 5% reduction list, and the second page is the 2.5% reduction
list. Column 16 indicates if the reductions are one-time: <o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt"><o:p> </o:p></span></p>
<ul style="margin-top:0in" type="disc">
<li class="MsoNormal" style="mso-list:l0 level1 lfo3"><span style="font-size:11.0pt">Yes means they would only be for current biennium (thru June 2027) <o:p></o:p></span></li><li class="MsoNormal" style="mso-list:l0 level1 lfo3"><span style="font-size:11.0pt">No means these reductions would continue into the future <o:p></o:p></span></li></ul>
<p class="MsoNormal"><span style="font-size:11.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt">You’ll see that there are reduction options that would, if selected by the Legislature, impact the Ready to Read grant funds that the State Library provides. We know these funds are important to your libraries
and the Oregonians that you serve. The economic impact of R2R dollars is also clear: each $1 in state funds leverages $3.99 in local funds. Read more in the
<a href="https://slo.oregon.gov/ld.php?content_id=80200427">latest Ready to Read report</a>.
<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt">Ready to Read is the largest percentage of the State Library’s General Fund that does not impact our own personnel costs, and staffing continues to be a high priority. Given the precarity of federal funds
at this time, and your own local funding struggles, I know this adds an extra layer of uncertainty. Thank you for your service to Oregon libraries. <o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt">Please let me know what questions you have.
<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal" style="margin-bottom:5.0pt"><span style="color:black">Thanks,
</span><span style="font-size:11.0pt;color:black;mso-ligatures:none"><o:p></o:p></span></p>
<p class="MsoNormal" style="margin-bottom:5.0pt"><span style="color:black"><o:p> </o:p></span></p>
<p class="MsoNormal" style="margin-bottom:5.0pt"><span style="color:black">Wendy <o:p>
</o:p></span></p>
<p class="MsoNormal" style="margin-bottom:5.0pt"><b><span style="font-size:14.0pt;font-family:"Century Gothic",sans-serif;color:black"><o:p> </o:p></span></b></p>
<p class="MsoNormal" style="margin-bottom:5.0pt"><b><span style="font-size:14.0pt;font-family:"Century Gothic",sans-serif;color:black">Wendy Cornelisen (she, her, hers)<o:p></o:p></span></b></p>
<p class="MsoNormal" style="line-height:115%">State Librarian<span style="font-size:11.0pt;line-height:115%;font-family:"Calibri",sans-serif"><o:p></o:p></span></p>
<p class="MsoNormal" style="line-height:115%">State Library of Oregon<o:p></o:p></p>
<p class="MsoNormal" style="line-height:115%"><a href="mailto:wendy.cornelisen@slo.oregon.gov"><span style="color:#0563C1">wendy.cornelisen@slo.oregon.gov</span></a>
<o:p></o:p></p>
<p class="MsoNormal" style="line-height:115%">Office: 503-378-4367| Mobile 971-375-3992<br>
<a href="http://www.oregon.gov/library"><span style="color:#0563C1">www.oregon.gov/library</span></a><u><span style="color:#0563C1"><o:p></o:p></span></u></p>
<p class="MsoNormal"><span style="mso-ligatures:none"><img border="0" width="218" height="61" style="width:2.2708in;height:.6354in" id="Picture_x0020_27" src="cid:image001.png@01DC4E6D.3D466E60" alt="Title: State Library of Oregon"></span><o:p></o:p></p>
<p class="MsoNormal"><span style="font-size:11.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt"><o:p> </o:p></span></p>
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