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Office of Management & Finance

Bureau of Financial Services

Financial Services has been re-organized under the office of the CAO

Phone: 503-823-5288

Fax: 503-823-5384

1120 SW 5th Avenue, Rm 1250, Portland, OR 97204

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Interest Rate Swap Policy

In April 2005, the City Council adopted Resolution No. 36313 in compliance with State of Oregon law, which requires that issuers adopt a formal written policy regarding the use of agreements for the exchange of interest rates (a "Swap Policy"). A primary objective of the Swap Policy is to ensure that the City Council, management, staff, advisors, and other decision makers adhere to sound financial and risk management practices when evaluating and entering into interest rate exchange agreements.

Heartbleed Security Notice

A serious security vulnerability known as "Heartbleed" was recently discovered in OpenSSL, a popular software library commonly used by many websites on the internet to encrypt communication between a user's computer and a web server. is NOT affected by this vulnerability as it does not use the OpenSSL software library. Please rest assured we are dedicated to protecting your security on this website.