Oregon Statutes - Chapter 286A - State Borrowing - Section 286A.255 - Functions and duties of commission.

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 six-year forecast of the state’s borrowing capacity targets by repayment source based on the policies and actions established under this section.

(3) A calculation of the state’s net remaining borrowing capacity by repayment source. [Formerly 286.555]

Note: See note under 286A.250.

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Last modified: August 7, 2008