Debt Policy

About the Policy

The purpose of the Debt Policy is to establish guidelines for the issuance and management of San Joaquin Council of Governments, acting its capacity as the San Joaquin County Transportation Authority ("SJCOG" or the "Authority"), current and future debt. This Debt Policy confirms the commitment of the Board, management, staff, and other decision makers to adhere to sound financial management practices. Priorities of the Debt Policy are as follows:

  • Effectively manage and mitigate financial risk
  • Preserve future program flexibility
  • Maintain strong credit ratings and good investor relations
  • Achieve the lowest cost of capital
  • Maintain ready and cost-effective access to the capital markets

View or download SJCOG's Debt Policy.