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George Noorey
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Regional News


Oregon State Treasurer Ted Wheeler is trying to fix a money-losing portfolio in the Oregon College Savings Plan. The money market portfolio has a negative rate of return because interest rates are low, and the plan's managers impose a fee. Wheeler hopes to get the company to waive that fee: “My hope is we’re going to come out with a plan that mitigates any losses in the money market mutual funds. And holds people at event at least, until the interested rate environment improves.” Wheeler says he'll recommend the college board drop its own fees as well, making the Oregon College Plan one of the most affordable in the nation.

 

 

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Traffic & Weather

  • Brookswood Blvd CLOSED >< Pinebrook and Lodgepole Dr. (5/14 - 9/4)
  • Skyline Ranch Road CLOSED behind Summit High School (4/22 - 7/22)
  • Brosterhous Road CLOSED from Parrell Road to Brentwood Avenue (7/3)
  • Lane Closure on Mt. Washington Drive between Archie Briggs Road (7/1)
  • Smoke Stack Lane CLOSED between N.E. Sierra and Comet Lane (7/1)
  • Road Closures in the area of Summit High School for a cycling event 3:45 p.m. - 7: 45 p.m. (July 1, 8, 16, 29)
 
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