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Office of Management & Finance

Bureau of Financial Services

The bureau is being re-organized under the Bureau of Revenue and Financial Services.

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.