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The Debt Management Division of the Oregon State Treasury provides several key services directly to the State, and to other State Agencies.

State Debt Policy Advisory Commission

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.

Private Activity Bond Committee 

The Private Activity Bond Committee helps facilitate the construction of critical facilities for the public benefit in communities throughout Oregon. Certain types of privately owned facilities such as airports, boat docks, affordable housing, or sports stadiums, provide significant benefits to the communities they serve. When the construction of a private facility would provide important public benefits, the project can often be financed using tax-exempt bonds. Doing so reduces financing costs and can play an important role in making such projects possible.

Rules and Fees 

The Debt Management Division charges fees for several of our services.  This section contains a listing of all fees charged to other State Agencies related to bond transactions.