Finance

Welcome to the Finance & Risk Management Division

The Chief Financial Officer (CFO) supervises the activities of five functional areas:

  • Finance (Treasury, Accounts Payable, General Ledger, and Payroll)
  • Contract and Purchasing Operations
  • County Risk Management
  • Deferred Compensation
  • Public Employees Retirement System

The mission of the Finance and Risk Management Division is to enhance the fiscal and financial stability, accountability and integrity of Multnomah County. The Division is also responsible for:

  • Overseeing the financial functions of the County government
  • Operating and maintaining a coordinated financial management system, collect, control, and properly account for more than $1.13 billion in annual operating and capital funds
  • Borrowing on behalf of Multnomah County, collecting receipts, payments, and transactions for the County, and investing the County’s funds
  • Administering and enforcing the County’s tax regulations
  • Developing, implementing and monitoring the County’s accounting policies and systems and producing the audited Comprehensive Annual Financial Report for the County
  • Protecting the County’s physical, financial and human assets by providing occupational health and safety services and workers’ compensation insurance for its employees; and managing the County’s property, liability and insurance programs
  • The Central Procurement and Contract Administration (CPCA) function oversees the County's public procurement and contracting activities.  CPCA is also responsible for conducting outreach and maximizing contracting opportunities with Minority, Women, and Emerging Small Businesses (MWESB) contractors as well as Qualified Rehabilitation Facilities (QRF)