Oregon State Treasury

Ted Wheeler OREGON STATE TREASURER

Municipal Debt Advisory Commission

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MDAC Services

This commission provides technical assistance to local governments and state agencies to improve the market for bond issues in Oregon. It produces the Oregon Bond Calendar, the Oregon Bond Index, and the Oregon Bond Education Center.
 

Debt Tracking

Per state law (ORS 278A.640), public bodies shall give prior notice of proposed issuance of new bonds to the Oregon Municipal Debt Advisory Commission (MDAC). Completing the MDAC Forms ensures compliance with state law ORS 287A.640.

 

Agreement for Exchange of Interest Rates

  • MDAC OAR 170-060-1010 – Terms, Conditions, and Reporting Requirements for an Agreement for Exchange of Interest Rates
  • Sample Interest Rate SWAP Policies
  • MDAC Form 3 - Reporting of Agreement for the Exchange of Interest Rates

 

Oregon Bond Calendar

The Oregon Bond Calendar is a schedule of all upcoming state and local bond sales. Its purpose is to enable state agencies and local governments to minimize scheduling conflicts that may impact the marketability of their issues. The calendar contains information regarding bond sales, bond indices, bond election information, and selected bond calls and redemptions.

 

Oregon Bond Index

The Oregon Bond Index charts Oregon municipal bond interest rates. 
 

Oregon Bond Elections

The Debt Management Division tracks all recent and upcoming municipal bond elections across the State of Oregon.

 

Oregon Bond Education Center

The Oregon Bond Education Center is intended to assist Oregon local governments with the process of issuing and managing debt. It is based on federal law, Oregon Revised Statutes (ORS), the Oregon Constitution, MDAC Administrative Rules, and current practices in the State. Information has been generalized for any issuing district with the term “municipality” to include any local government unit.

 

Overlapping Debt Reports

The Overlapping Debt Report Request Form is a tool used in determining a district's overall debt burden. It includes its own debt and the responsible portion of debt of other overlapping governmental units.

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Federal Compliance

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Commission Members 

  • Carol McCoog, Chair
    Public Member
  • Doug Middlestetter
    Oregon School Board Association
  • Laura Lockwood-McCall
    Treasurer's Designee
  • Javier Fernandez
    Public Member
  • Paul Matthews
    Special District's Association
  • Laurie Steele
    Association of Oregon Counties
  • Nancy Brewer
    League of Oregon Cities

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Meeting Dates, Agendas, and Minutes

2014​

​April 28

March 11

Minutes 

Minutes

February 7​ Minutes    ​

2013​

March 12​ Minutes ​​

2012​

November 13 Minutes
October 23 Minutes
March 6​ Minutes 

 

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Annual Reports 

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