The Board of Commissioners recently approved the Comprehensive Annual Financial Report (CAFR) for the fiscal year ended June 30, 2018. Grove, Mueller & Swank, P.C. provided an unmodified opinion which is the highest level of assurance for audited financial statements. The audit was completed in accordance with government auditing standards and Oregon standards for local governments.
The CAFR provides an overview of the county's financial position.
Marion County Chief Administrative Officer John Lattimer said, "Marion County remains in good shape thanks to our knowledgeable and professional finance staff. They keep us on target and ensure our accounting procedures meet financial standards."
Commissioner Kevin Cameron, board chair, said, "This report illustrates the county's positive financial position. We have been judicious in how and when we borrow and we remain far below our debt limit which helps us keep a favorable bond rating."
Marion County received the Certificate of Achievement for Financial Reporting from the Government Finance Officers Association for the annual financial report for the year ended June 30, 2017. This is the 17th consecutive year the county has received this award. The county has submitted the 2018 report for evaluation by GFOA.
Residents can review the 2018 CAFR, as well as prior reports, on the Marion County website.