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The Finance Department manages the financial resources of the City, oversees the bid process, bond issues, purchasing, Requests for Proposals (RFPs), Requests for Quotations (RFQs), risk management, surplus property and the administrative operations for Albany Municipal Court.

City of Albany, Oregon Budget (Fiscal Year: July 1-June 30)

Updated Presentation to Budget Committee, May 7, 2019

Presentation (pdf)

City Manager's Budget Presentation, April 2, 2019

Albany citizens: The costs of providing municipal services are rising faster than revenues are increasing – a problem many jurisdictions are facing. As we develop the next budget for the City of Albany, this presents the need to take some difficult actions to control costs.

On Tuesday, April 2, I described this budget environment for Albany’s Budget Committee. The report and charts that were used are available here. Please take a look.

Report (pdf) Charts (pdf)

The Budget Committee will begin formal review of the proposed budget for the 2019-2021 biennium on May 7 and 9. Our aim is to help residents understand where tax dollars are spent. In keeping with that goal, you can also view past budgets on this page and additional information on the City Data/Transparency page.

Peter Troedsson

City Budgets

The City of Albany has won the Government Finance Officers Association Distinguished Budget Presentation Award since 1991. In order to receive this award, a governmental unit must publish a budget document that meets program criteria as a policy document, as an operations guide, as a financial plan, and as a communication device. The award is valid for a period of one year only. The budget is completed by the end of September each year.

Printed copies of the current adopted budget are available for a cost of $25.00 each. Older copies are available for $10 each (subject to available supply).

Financial Trends & Forecast

Integrated Financial Management Assessment Plan

Comprehensive Annual Financial Report (CAFR)

The CAFR for the City of Albany has won the Government Finance Officers Association Certificate of Achievement for Excellence in Financial Reporting since 1984. The Comprehensive Annual Financial Report (CAFR) is completed by the end of December each year.

Popular Annual Financial Report (PAFR)