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Some good economic news for the State of Oregon. Standard and Poors just improved it's bond rating. Bend financial advisor Troy Reinhart: "They upgraded the State of Oregon to AA+, which means basically we're a better bet not to go broke than we were before. It means that the State of Oregon may be able to restructure some of its debt to get a lower interest rate. That usually comes along with getting your debt rating raised."  Standard and Poors says the upgrade reflects its view that the State has shown a willingness to make revenue and spending adjustments to correct some of the current imbalances during the low part of the revenue cycle.

 

 

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Traffic & Weather

 

 

 

 

Jones Road, full road closure between Bennington Lane and NE Butler Market Road. May 18 – August 18, local access only.
 

 

Orion Drive closed in two locations for sewer work; at the intersection with Avery Lane and between Desert Woods Drive and King Hezekiah Way.  From July 11 to Sept. 6. Detours marked.

 

Valhalla Sewer Relocation Project, Mt. Washington Drive at Shevlin Park Road intersection and North to Regency Street. Nighttime closures with detours marked during roundabout construction. Daytime closures for construction towards Regency Street.    7 p.m. – 7 a.m., July 11 – November.

 
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