Are there any regulations related to public financing, including borrowing?

Yes, there are regulations related to public financing in Oregon, including borrowing. According to Oregon Revised Statutes chapter 294, public entities are subject to certain limits when it comes to borrowing. Specifically, the law limits the amount of debt a public entity can incur and requires that debt be repaid within a certain period of time. The law also imposes certain restrictions on what kind of debt may be issued. In addition, Oregon Revised Statutes chapter 286A sets forth the requirements of a public financing review process. This review process must be completed before any public financing -- including the issuance of debt -- can take place. This process includes an analysis of the fiscal impacts of the proposed financing and is designed to ensure that the transaction is in the best interest of taxpayers. Borrowing of public financing in Oregon is also subject to certain reporting requirements. Public entities must make certain documents available to the public, including an analysis of the proposed financing and the costs associated with it. The law also requires public entities to report the amount of debt incurred and the current balance of that debt on an annual basis. Overall, borrowing public financing in Oregon is subject to certain limits and regulations. It is important to understand these regulations in order to ensure that the transaction is in the best interests of taxpayers.

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