Financial audit gives Jackson County strong marks
Jackson County’s government is on strong financial footing, according to the results of an annual audit.
The county has been able to invest in infrastructure, cut its debt in half, provide services and build its reserve funds, according to the audit firm Moss Adams LLP.
“You have a very nice story to tell the community in terms of your stewardship of the dollars up to now,” Jim Lanzarotta, a partner in the firm, told county officials during a presentation on the audit results of 2017 county financial records.
Lanzarotta said the county has been able to achieve the financial results whole holding its property tax rate flat.
Jackson County’s tax rate is $2.01 per $1,000 of assessed property value — well below the average of $3.60 per $1,000 of assessed property value for Oregon counties, he said.
The county is tapping a variety of revenue sources, from property taxes to fees for services to grants from outside entities, Lanzarotta said.
The audit found the county did not have mistakes in its financial documents and was meeting regulatory requirements, including complicated requirements that accompany federal grants, he said.
Jackson County Commissioner Rick Dyer said the county regularly receives good reports from the annual audits, but the effort from county managers and staff members to achieve those results is still commendable.
“This is a daily — throughout the year — effort by a lot of people and it is remarkable,” Dyer said.