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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)

Financial Trends & Forecast

2017-2018 Financial Trends and Forecast (pdf)

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).

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)

The Popular Annual Financial Report boils down financial information from the nearly 200-page Comprehensive Annual Financial Report to make it easier to understand for Albany residents and others who don't have a background in public finance.  Information is presented in text, charts, graphs, and photos with links to extended information online.