Oregon

Oregon Secretary of State Kate Brown becomes the state's next governor after the current governor resigned under pressure in the wake of allegations that his fiancé misused the governor's office.

Moody's Investors Service upgraded to Aa3 from A1 Redmond, Oregon's Water Enterprise revenue bonds and removed the bonds from review.

Three rating agencies affirmed Oregon' AA-plus-level long-term ratings ahead of plans to price a $152 million general obligation bond refunding.

Oregon is planning to sell $412 million of lottery bonds next week to fund development projects throughout the state and refunding outstanding debt.

Moody's Investors Service has rated Oregon's upcoming issue of $412 million of lottery revenue bonds Aa2. The bonds for capital projects around the state are expected to price Jan. 8.

Oregon's Port of Morrow is selling $189 million of revenue bonds for the Bonneville Power Administration this week.

Oregon Gov. John Kitzhaber is proposing to spend over half of an $18.6 billion budget on schools, community colleges, and universities in the state.

Oregon must invest more in its transportation needs or face bigger bills down the road, Oregon DOT says.

Portland, Ore. is planning to sell $85 million of water revenue bonds to finance projects for its water system.

A judge gave the green light for Portland, Ore.'s Metro to issue bonds for a hotel project, but opponents say they will appeal the ruling.

Fitch Ratings has upgraded the ratings on debt issued for the Sky Lakes Medical Center in Oregon to A-minus from BBB-plus.

The Port of Portland is planning to sell nearly $100 million of revenue bonds next week for the Portland International Airport.

Oregon, which invented the gasoline tax in 1919, is on the road to be the first state to shift to a mileage-based user fee for highway funding.

This fall, Oregon voters will decide whether to approve a constitutional amendment that would allow the state to start an endowment fund for student aid using general obligation bond proceeds.

The Far West Region mirrored the U.S. with municipal bond sales dropping 24.8% during the first half of 2014 compared to the same period a year earlier.

Portland, Ore. priced $290 million of revenue bonds this week to fund capital improvements to its sewer system and refund outstanding debt.

The state of Oregon has been taking advantage of market conditions by refunding its outstanding debt at lower interest rates to save around $80 million since 2013, according to Treasurer Ted Wheeler.

Panelists at The Bond Buyer's Pacific Northwest Municipal Market Symposium in Seattle discussed the implications of two regulatory initiatives taking place this year, the SEC's MCDC self-reporting initiative, and municipal advisor regulation.

Oregon sold $590 million of tax anticipation notes on Tuesday in its annual borrowing for cash-flow needs.

With workforce reductions and lower gas tax revenues, the Oregon Department of Transportation will be challenged, according to a recent audit.