Financial Reports ~ Click here to view the financial reports updated through 06/30/2014.

Investments ~ Approximately $3.7 million invested

• Agency – 68%
• Corporate – 6%
• Municipal Bonds – 16%
• Treasury – 10%

Oregon State Treasury~ Local Government News Report
Click here to view the June 2014 News Report.

Accounting ~  

1)    The City  is committed to continually improving customer service to our citizens.  In response to customer requests, the City is now accepting American Express credit card at both front counters; main city hall and planning.

2) All expense reimbursement requests will be paid via direct deposit.  Our goal is to reduce the number of printed paper checks and refund the employee in a timely manner.

3) All debt service payments are being converted to an auto payment which will reduce our banking fees of $20 per WIRO transaction.

 Audit ~

Interim fieldwork was completed on June 25th.  The auditors were on site testing internal controls, expenditures, and payroll processing.  Staff completed YE confirmations and inquiry letters for June 30, 2014.

The complete audit fieldwork will begin August 25th through August 29th.

Other ~ Staff attended the Sandy Historical Society Board meeting on June 18, 2014.

Insurance ~

The City’s insurance renewal process for FY 14-15 (July 1, 204 – June 30, 2015) was been completed and updated with the assistance our Insurance Agent of Record.  Auto insurance cards have been distributed to departments to put in all city vehicles.