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State economists ask for extra time to finish highway‑cost methodology review
Summary
Oregon chief economist Carl Riccadonna asked the House Transportation Committee to extend the deadline for a mandated HCaTS/HCAS methodology evaluation to March 30, 2028 so its recommendations can be incorporated into the 2029 biennial HCaTS report; the Legislative Revenue Office concurred.
Carl Riccadonna, chief economist and head of the Office of Economic Analysis, told the House Transportation Committee that the biennial Highway Cost Allocation study (HCaTS/HCAS) is a complex, data‑heavy process that begins in Q1 of even‑numbered years and typically produces results for odd‑numbered years. Riccadonna said a separate methodology evaluation required by legislation (referenced in committee testimony as HB 3991 and HB 3992) is due…
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