OVERVIEW

The City of Portland issues a variety of debt to raise capital for construction projects, for the acquisition of equipment and facilities, and to refinance existing debt. Major categories of outstanding debt include Unlimited Tax General Obligation Bonds, General Fund Supported Bonds, and Revenue Bonds. The City also has entered into other financing arrangements with financial institutions, the State of Oregon, and other public bodies for energy improvements, building purchases, and other projects. 

The issuance of debt is guided by formally adopted policies, which may be viewed by clicking on the link below labeled "Debt Management Policy."  Additionally, the City has developed tax compliance procedures in accordance with Section XIII of the debt management policy, which may be accessed from the link labeled "Tax Compliance Procedures."