News

City Adopts New Financial Audit Features

The City of Rogue River’s annual financial audit for the 2024-25 fiscal year identified deficiencies related to internal controls over the calculation and presentation of accounts payable and accounts receivable aging summaries.

The City Council adopted a Corrective Action Plan to strengthen its financial reporting procedures and reduce the risk of future material misstatement errors at its Thurs., Sept. 24 meeting.

The corrective action entails establishing and maintaining procedures to ensure that accounts payable and…