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