Oregon is a coastal state in the Pacific Northwest region of the United States. The State is known for its diverse landscape of farms, forests, mountains and beaches. Oregon’s population is approximately 4.2 million ranking 39th among U.S. states in terms of population density and 9th among U.S. states in terms of land mass. Oregon is the home of nine federally recognized native American Indian tribes. Salem, the State’s capital, is located in Marion County, one of 36 counties comprising the State of Oregon. The North American Beaver is Oregon’s State Animal and the State is commonly referred to as the Beaver State. Oregon boasts over 362 miles of coastline from its southern border of California to its northern border of Washington. The State has many historic landmarks, national forests and wildlife refuge. Some of the State’s natural attractions include the historic Columbia River Gorge, Multnomah Falls, the snow-capped Mount Hood, the wine country of the Willamette Valley, Crater Lake, Ankeny wildlife refuge and many others. Metro Portland, the state’s largest city by population, is famous for its quirky, avant-garde culture and is home to iconic coffee shops, boutiques, farm-to-table restaurants and microbreweries.
Visit Oregon’s Blue Book for our rich history, natural resources, economy and culture.
Bonds are issued by the State of Oregon to finance critical infrastructure needs of the state. The State Treasurer, by statute, is the issuer of all State of Oregon debt and issues bonds at the request of the state agencies as authorized by the legislature to issue debt. The Treasurer issues debt on behalf of the Department of Administrative Services (DAS), Oregon Department of Transportation (ODOT), Oregon Business Development Department (OBDD), Oregon Department of Environmental Quality (DEQ), Oregon Housing and Community Services Department (OHCSD), Oregon Department of Energy (ODE) and Oregon Department of Veterans Affairs (ODVA).
In addition, the Treasurer approves the issuance of housing conduit revenue bonds issued through OHCSD and non-profit conduit revenue bonds through Oregon Facilities Authority (OFA).
Our interactive Transportation Project Tracker allows you to see how and where state transportation funds are spent. You’ll find information about the scope, schedule and budget of projects in the Statewide Transportation Improvement Program, ODOT's four-year capital improvement program. As an alternative, you can also view a list of projects by clicking this link.
For the latest information about projects and studies around the state visit one of the following pages.
The first phase of the I-205 Improvements Project begins construction this month and crews will initially work around the Abernethy Bridge. The Jon Storm Park parking lot under the bridge in Oregon City closed on May 31, 2022, and will remain closed through 2025. People should anticipate additional impacts to bike and pedestrian paths along OR 99, along with river impacts, such as no wake zones, during construction.
To stay informed about the latest construction and traffic information, we encourage the community to sign up to receive email and text alerts here. For additional information, please visit the I-205 Improvements Project website or visit Tripcheck.com.
ODOT will host several community events within the project area and will hold two in-person open houses. ODOT will also create a recorded presentation that includes information provided at the open houses. Please stop by an event to learn about the project and construction-related impacts. Event details can be found on the project website.
The Treasurer issued $175 million in Article XI-Q taxable sustainability bonds for the Oregon Housing & Community Services Department in May 2022. The funding will be used to provide financing for new affordable housing in the State in historically underserved communities, for households experiencing chronic homelessness, for households earning at or below 60 percent of Area Median Income (AMI) for rental housing, and for households at or below 80 percent of AMI for homeownership.
The Treasurer issued $75.8 million in Article XI-M and XI-N tax-exempt bonds for the Oregon Business Development Department in May 2022. The funding will be used to provide grants to local schools and emergency services entities for planning and implementation of seismic rehabilitation of public education and emergency services buildings throughout the State.
The Treasurer issued $25 million in Article XI-Q tax-exempt bonds for the Oregon Parks and Recreation Department in May 2022. The funding will be used for making facility improvements to multiple Oregon state parks, including improvements or replacements to facilities and related infrastructure such as buildings, water systems, septic and sewer systems, electrical systems, restroom and shower facilities, as well as modernizing and expanding campgrounds.
The Treasurer issued $61 million in Article XI-Q tax-exempt bonds for the Oregon Liquor and Cannabis Commission in May 2022. The funding will be used to design and construct a new liquor warehouse distribution center and agency headquarters. The project will include the purchase of the land, the construction of the new warehouse and the purchase of a new warehouse management system.