To help school districts comply with Oregon's school bond laws, this manual provides guidelines for school district attorneys and personnel in the issuance and sale of school district bonds. The manual deals with the three primary types of Oregon school district borrowings: (1) general obligation bonds; (2) tax and revenue anticipation notes; and (3) lease-purchase financings including certificates of participation. Each of these types of borrowings is covered separately in the text. Also included in the manual is information regarding tax treatment of interest on the debt obligations, ratings and bond insurance, securities law concerns, and other topics. Consideration is given to the effects of Measure 5 on each type of school district borrowing. Finally, the manual includes a discussion of Oregon local budget law as it relates to debt issuance. Appendices include relevant statutes, lists of required documents, and some sample documents dealing with school distirct borrowings. (MLF)