Finance

Overview

The Finance Department is charged with a variety of tasks including coordination of the City’s annual budget, audit process and grant administration. In addition, finance provides the functions of payroll, accounts receivable and payable and cash receipts. The Finance Department prepares a wide range of internal and external financial reports for use by other organizations, City Council and its commissions and boards, City staff and the general citizenship.

The Mission of the Finance Department is to provide the finest in financial information, projections, and support services to the City staff, its Council and external users in support of their decision making processes.

Important Notice for Vendors: EFTsure Verification Now in Use

To enhance the security and accuracy of our payments, we are now using EFTsure to verify vendor bank account details. Eftsure is the new security standard for business payments. The platform helps us securely pay our vendors using verified bank details. For more information, please visit: https://www.eftsure.com/en-au/supplier-information/

What This Means for You:

• If you are a current or prospective vendor, you may receive a verification request from EFTsure on our behalf.
• EFTsure helps us ensure your payment details are correct, protecting both parties from fraud and payment errors.
• Please respond promptly to any EFTsure verification requests to avoid delays in processing payments.

Need Help or Have Questions?
If you have any concerns or want to verify the legitimacy of an EFTsure communication, please contact our finance team at finance@sherwoodoregon.gov

Thank you for your cooperation and commitment to secure business practices.