Investments

The average balance of the Multnomah County investment portfolio for fiscal year 2023 was $1.7 billion. The portfolio is managed in accordance with state statutes ORS 294 and ORS 295. The county's investment policy is more conservative than what is allowed under the Oregon State statutes. Oversight is provided by an Investment Advisory Board (IAB) consisting of five citizens with investment or finance experience. The IAB meets quarterly to review the portfolio's performance, ensure that it complies with the investment policy and to provide guidance. In general, the IAB meetings are held on the third Thursday of January, April, July and October, at 3:30 PM, on the fifth floor of the Multnomah Building.

Investment Policy:

• Document

  Investment Policy (683.81 KB)
• Document

  Divestment Policy for Multnomah County (152.53 KB)

Recent Investment Reports:

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  Investment Portfolio Report Jan 2023 (1.09 MB)
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  Investment Portfolio Report Feb 2023 (1.15 MB)
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  Investment Portfolio Report Mar 2023 (1.05 MB)
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  Investment Portfolio Report Apr 2023 (1.05 MB)
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  Investment Portfolio Report May 2023 (1.06 MB)
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  Investment Portfolio Report June 2023 (1.36 MB)
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  Investment Portfolio Report July 2023 (1.06 MB)
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  Investment Portfolio Report August 2023 (1.03 MB)
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  Investment Portfolio Report Sep 2023 (1.06 MB)
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  Investment Portfolio Report Oct 2023 (1.13 MB)
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  Investment Portfolio Report Nov 2023 (1.07 MB)
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  Investment Portfolio Report Dec 2023 (1.1 MB)
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  Investment Portfolio Report Jan 2024 (1.08 MB)
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  Investment Portfolio Report Feb 2024 (1.08 MB)
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  Investment Portfolio Report Mar 2024 (1.08 MB)
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  Investment Portfolio Report Apr 2024 (1.07 MB)
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  Investment Portfolio Report May 2024 (1.07 MB)

Investment Advisory Board (IAB) Quarterly Meetings:

• July 18th, 2024, 3:30 PM, 501 SE Hawthorne Blvd, 5th Floor, Copper Conference Room

Interest rate forecast:

• Document

  FY2025 Interest Rate Forecast (85.92 KB)