Oregon § 286A.255 Functions and duties of commission

Oregon Statutes

§ 286A.255 — Functions and duties of commission

Oregon § 286A.255

Vol.7

Title 27Public Borrowing

Ch. 286ASTATE BORROWING

This text of Oregon § 286A.255 (Functions and duties of commission) is published on Counsel Stack Legal Research, covering Oregon primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Or. Rev. Stat. § 286A.255 (2026).

Text

The State Debt Policy Advisory Commission shall advise the Governor and the Legislative Assembly regarding policies and actions that enhance and preserve the state’s credit rating and maintain the future availability of low-cost capital financing. In carrying out this function, the commission shall at least annually prepare a report showing the consolidated bond profile of this state. The report must include:

(1)The total amount of outstanding bonds for the most recently concluded fiscal year.

(2)A forecast for at least the next six years of the state’s borrowing capacity targets by repayment source that is based on the policies and actions established under this section and that is consistent with the most recently published revenue forecast by the Oregon Department of Administrative Se

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The State Debt Policy Advisory Commission shall advise the Governor and the Legislative Assembly regarding policies and actions that enhance and preserve the state’s credit rating and maintain the future availability of low-cost capital financing. In carrying out this function, the commission shall at least annually prepare a report showing the consolidated bond profile of this state. The report must include:
(1) The total amount of outstanding bonds for the most recently concluded fiscal year.
(2) A forecast for at least the next six years of the state’s borrowing capacity targets by repayment source that is based on the policies and actions established under this section and that is consistent with the most recently published revenue forecast by the Oregon Department of Administrative Services.
(3) A calculation of the state’s net remaining borrowing capacity by repayment source.