City of Salem Financial Reports

​Financial reports are produced to show how money entrusted to the City is acquired and how it is spent. These reports are reviewed by decision makers to help determine financial priorities, and by bond rating agencies to evaluate the financial position of the City. You can view information about the City’s fiscal management in the reports below, which are intended for use by the general public.


​Annual reports

The five-year forecasts are planning tools to aid the City Council with making financial decisions and maintaining service delivery within available resources. Each forecast displays a five year financial picture based on a specific set of assumptions. Highlights of the forecasts include a summary of fiscal health, the future outlook for many City funds, and local economic analysis.

FY 2019 through FY 2023 Five Year Forecasts
FY 2018 through FY 2022 Five Year Forecasts
FY 2017 through FY 2021 Five Year Forecasts

The CAFR displays an entire fiscal year of financial information for the City. Highlights of the CAFR include an explanation of the City’s financial policies, detailed financial schedules, and a ten-year comparison of the financial health of the City.

FY 2016-17 CAFR
FY 2015-16 CAFR
FY 2014-15 CAFR
FY 2013-14 CAFR

This is an annual financial report that provides financial information for the URA for one fiscal year. It contains detailed financial schedules and explanation of those schedules as well as financial statements.

FY 2016-17 URA annual financial report
FY 2015-16 URA annual financial report
FY 2014-15 URA annual financial report
FY 2013-14 URA annual financial report

This is an annual financial report that provides financial information for the Salem Convention Center for one fiscal year. It contains financial statements and explanation of the financial status of the Convention Center.

FY 2016-17 Convention Center annual financial report
FY 2015-16 Convention Center annual financial report
FY 2014-15 Convention Center annual financial report
FY 2013-14 Convention Center annual finanical report

The Federal grant compliance annual report provides a record of grant expenses for one fiscal year. It includes a report from the City’s financial auditors about how the City follows grant laws.

FY 2016-17 Federal grant compliance annual report
FY 2015-16 Federal grant compliance annual report
FY 2014-15 Federal grant compliance annual report
FY 2013-14 Federal grant compliance annual report

​Quarterly reports

The quarterly financial reports provide analysis of financial trends and make year-over-year and budget-to-actual comparisons. These reports provide graphic displays of financial data.

FY 2017-18 1st quarter - City
FY 2016-17 4th Quarter - City
FY 2016-17 3rd Quarter - City
FY 2016-17 2nd quarter - City
FY 2016-17 1st quarter - City
FY 2015-16 4th quarter - City
FY 2015-16 3rd quarter - City
FY 2015-16 2nd quarter - City
FY 2015-16 1st quarter - City
FY 2014-15 4th quarter - City
FY 2014-15 3rd quarter - City
FY 2014-15 2nd quarter - City
FY 2014-15 1st quarter - City
FY 2013-14 4th quarter - City

The quarterly financial reports provide analysis of financial trends and make year-over-year and budget-to-actual comparisons. These reports provide graphic displays of financial data.

FY 2017-18 1st Quarter - URA
FY 2016-17 4th Quarter - URA
FY 2016-17 3rd Quarter - URA
FY 2016-17 2nd quarter - URA
FY 2016-17 1st quarter - URA
FY 2015-16 4th quarter - URA
FY 2015-16 3rd quarter - URA
FY 2015-16 2nd quarter - URA
FY 2015-16 1st quarter - URA
FY 2014-15 4th quarter - URA
FY 2014-15 3rd quarter - URA
FY 2014-15 2nd quarter - URA
FY 2014-15 1st quarter - URA
FY 2013-14 4th quarter - URA

A quarterly investment report shows how the City has invested available cash and the performance of those investments.

FY 2017-18 3rd quarter investment report
FY 2017-18 2nd quarter investment report
FY 2017-18 1st quarter investment report
FY 2016-17 4th quarter investment report
FY 2016-17 3rd quarter investment report
FY 2016-17 2nd quarter investment report
FY 2016-17 1st quarter investment report
FY 2015-16 4th quarter investment report
FY 2015-16 3rd quarter investment report
FY 2015-16 2nd quarter investment report
FY 2015-16 1st quarter investment report
FY 2014-15 4th quarter investment report
FY 2014-15 3rd quarter investment report
FY 2014-15 2nd quarter investment report
FY 2014-15 1st quarter investment report

Bonds and other debt​

The Municipal Securities Rulemaking Board provides materials to the public free of charge on the Electronic Municipal Market Access (EMMA) system to assist and inform potential investors in City issued debt. EMMA contains documents related to debt and debt compliance, such as:

  • Official statement about the City
  • City financial reports
  • Budget documents
  • Notices of changes in bond rating
  • Notices of compliance with debt agreements
  • Auditor opinion

Contact us

Finance
Monday–Friday
7:30 a.m.–5:00 p.m. (payment counter)
8:00 a.m.–5:00 p.m. (phone)
555 Liberty ST SE RM 230
Salem OR 97301
Phone: