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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.
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.
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