The Oregon State Treasury is helping to make schools and community colleges more resilient, more modern and more affordable through the Oregon School Bond Guaranty Program.
Oregon voters in 1998 authorized the State to guaranty qualified bonds of eligible school districts, education service districts, and community colleges. The program allows qualified districts to have their bonds rated based on the State's current credit rating.
As a result, districts can save significant interest costs over the life of bond, which saves taxpayers money while facilitating construction that creates jobs in the short run and improves our vital education infrastructure.
For more information contact the Debt Management Division at DMD@ost.state.or.us or call 503-378-4930.
The Oregon School Bond Guaranty Program can be found under Oregon Revised Statutes 328.321-328.356.