Oregon State Treasury

The State Debt Policy Advisory Commission (SDPAC) tracks Oregon’s financial health and protects Oregon’s credit rating by informing state officials about amount of debt the Oregon can prudently incur. Without the ability to borrow money through bonds, it would be nearly impossible to finance critical infrastructure projects that provide important public benefits to multiple generations of Oregonians. However, borrowing too much would endanger Oregon’s ability to meet its obligations and jeopardize the state’s credit rating.

The prudent management of Oregon’s debt load has left Oregon with an excellent credit rating, which generates dramatic savings for taxpayers year after year.

The SDPAC consists of five members, including a representative from each of the two houses of the Oregon Legislature, a member of the public knowledgeable about public finance, and the State Treasurer, who chairs the Commission.

Members of the State Debt Policy Advisory Commission

• Ted Wheeler, Chair
  Ex Officio Member 
• Rep. Phil Barnhart
  House of Representatives Appointee 
• Sen. Richard Devlin
  Senate Appointee 
• Timothy Duy
  Public Member 
• Michael Jordan, DAS Director
  Ex Officio Member 

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 Annual Reports

Current Annual Report

• 2013​

Past Reports

• ​201​2 
• 2011​
  
• 2010
• 2009 

Meeting Notices, Agenda's, and Minutes