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Auditor gives clean opinion; council and public press for clearer property-tax and urban-renewal accounting
Summary
An auditor told the Dundee City Council his firm issued a clean opinion on the city’s 2023–24 financial statements while councilors and a public commenter pressed for clearer accounting of property-tax allocations, urban renewal transfers and budget weaknesses identified as a material weakness.
Ryan Pasparilla, an auditor with REDW, told the Dundee City Council the city’s 2023–24 audit received a clean opinion and that the report reflects cash-basis financial statements covering the fiscal year ending June 30, 2024.
A member of the public raised several questions about how the county allocates property-tax receipts and whether urban renewal (tax increment) receipts were correctly assigned. The commenter said his review showed about a $1,900 discrepancy and that a Yamhill County official told him the county remitted $295,217.41 for urban-renewal taxes while the audit report lists a different amount. He also flagged repeated $75,000 annual transfers from the urban-renewal fund to the…
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