12/30/2023 0 Comments Muni defaults![]() ![]() It is based on federal law, Oregon Revised Statutes (ORS), the Oregon Constitution, MDAC Administrative Rules, and current practices in the State. The Oregon Bond Education Center is intended to assist Oregon local governments with the process of issuing and managing debt. The calendar contains information regarding postponed, proposed and sold bond issues. Its purpose is to enable state agencies and local governments to minimize scheduling conflicts that may impact the marketability of their issues. The Oregon Bond Calendar is a schedule of all upcoming state and local bond sales. 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. If you are using Google Chrome or Mozilla Firefox as your browser and are having trouble accessing the MDAC Form - 2L, ensure you have the latest version of Adobe Reader installed, right click the link above, Save Link As to your local system, then open the file. ![]() MDAC Form 2L - Loans, Leases, Lines of Credit Reporting Information may be submitted to our office using the form below. The MDAC debt database collects data on Oregon local government loans to enhance transparency, generate more accurate overlapping debt reports, and provide investors and citizens with pertinent information. OAR 17 to meet the law's requirements, including using The Municipal Debt Advisory Commission amended ![]() Local government pension obligation bonds (POBs) issued after Jmust comply with Completing the MDAC Forms ensures compliance with state law ORS 287A.640. Per state law ( ORS 287A.640 ), public bodies shall give prior notice of proposed issuance of new bonds to the Oregon Municipal Debt Advisory Commission (MDAC). Municipal Debt Advisory Commission Services and formsįederal Compliance and how to report bond sales Oregon Facilities Authority, which is overseen by a separate board. If you are from a community not-for-profit entity and want to learn more about tax-exempt bonds for real estate or projects, you can learn more from the The division provides technical support to local governments, offers training on selected debt-related topics, and created an online manual to help government officials plan and execute successful bond sales. Through the Municipal Debt Advisory Commission, Treasury acts as the clearinghouse for bond data, bond calendars, and the online Oregon Bond Education Center. The Debt Management Division approves issuance of all bonds for state agencies, and helps local governments to make good borrowing decisions that reduce costs and protect credit scores – which help determine interest rates. Public bonding boosts the economy by creating construction jobs in the short term, while building and modernizing roads, schools, and vital public facilities to benefit generations to come. Used wisely, public debt helps to improve the quality of life for Oregonians today and in the future. Helping local governments invest in critical projects using bonds Public Financial Services arrow_drop_down.A message from Treasurer Read about COVID-19 and your PERS investments.Oregon State Treasury Financial Empowerment Awards. ![]()
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