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City of Newport, OR

Strategic Goals & Objectives

Newport Vision 2040 logo

Committee Goals

Audit Committee (2022-23)
Goal# Goal Title Goal Type Goal Progress Goal Text Status Updates V2040 Strategies Objectives  
1 Continue issuance of a Comprehensive Annual Financial Reports (CAFR) for the fiscal year audits Ongoing In Process 2021-22: Continue per the Audit Committee
119 Continue issuance of a Comprehensive Annual Financial Reports (CAFR) for the fiscal year audits In Process
 
2 Develop and document internal controls with continuous review Ongoing In Process 2021-22: Continue updating documents.
286 Review and approve internal controls - annually. In Process
 
3 Develop a Purchasing System Ongoing Not Started 2021-22: Audit Committee is not supposed to develop Purchase Systems.2022-23: Audit Committee is not supposed to develop Purchase Systems.    
4 Room Tax Auditing Program Ongoing In Process 2021-22: Possibly move to State Room Tax program.
122 Investigate and possibly engage via an Intergovernmental Agreement with State of Oregon to administer the Room Tax program, includes filing enforcement, collections, and auditing. In Process
 
5 Develop Popular Annual Financial Report (PAFR) Ongoing Not Started 2021-22: Develop when possible.
123 Develop a Popular Annual Financial Report (PAFR) Not Started