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Financial Reports

Each year, the Finance Department produces a Comprehensive Annual Financial Report (CAFR) for the fiscal year ending June 30. Oregon Statute 297.405 requires an annual independent audit of the city’s accounts and fiscal affairs. In addition to providing an opinion on the basic financial statements, an independent certified public accountant must provide reports on internal control structure, internal control over financial reporting, compliance with State and Federal laws, and compliance with OMB (Office of Management and Budget) circular A-113 as applicable to major federally funded programs.

City Of Sisters

The City received its second award in a row from the the Governmental Finance Officers Association (GFOA) for its FY 09/10 financial report preparation and publication. To receive recognition, the city had to comply with the highest standards for disclosure and provide pertinent trend information beyond that which is required by the Governmental Accounting Standards Board. The financial reports have had to conform to nearly 600 compliance criteria to be eligible for the award. The awards are valid for a period of one year only.

GFOA Award FY 10 - 11

 

* Other prior year reports are available at City Hall upon request.

Sisters Urban Renewal Agency

(A Component Unit of the City of Sisters, Oregon)

Oregon Statute 457.460 requires the publication of certain minimum financial information on urban renewal activities. The City meets and exceeds the information requirement in its annual report, which is provided below.

 * Prior year reports are available at City Hall upon request.

 

Contact:

For more information or questions, contact Lisa Young at lyoung@ci.sisters.or.us or call (541) 323-5204

 

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Sisters City Hall    520 E. Cascade    P. O. Box 39    Sisters, OR 97759
Ph (541)549-6022    Fax (541)549-0561


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