FINANCE DEPARTMENT

The Finance Department is responsible for the oversight of the Tribal Governmental financial resources and other assets in accordance with Generally Accepted Accounting Principles (GAAP).

Providing and presenting monthly financial reports

Bonnie Foroudi

Chief Financial Officer

541-888-9577 (Main)
bforoudi@ctclusi.org
1245 Fulton Avenue, Coos Bay, OR 97420

The Finance Department is responsible for the oversight of the Tribal Governmental financial resources and other assets in accordance with Generally Accepted Accounting Principles (GAAP).

We provide and present monthly financial reports to the Tribal Council at the Business Council Meetings, prepare combined budgets from governmental departments for review and tracking expenditures, complete federal and state grant reporting in accordance with the different granting agencies’ requirements, and provide accurate and consistent accounting of all financial transactions to a selected independent Certified Public Accounting firm for the purpose of completing the Tribes annual audited financial statements.

Elder Pension:
If you are a member of the Confederated Tribes of Coos, Lower Umpqua, and Siuslaw Indians, age sixty-five years or older, you are eligible to receive a monthly pension.

You need not apply, it will automatically be sent to you the first day, or the first banking day, in the month following your 65th birthday, and every month thereafter until your death.

Recipients of funds shall be responsible for payment of all applicable State and Federal taxes. The Tribes will issue a Federal 1099 Form to each Elder at the end of each tax year reflecting the sums distributed to each Elder.

Tribal Members login for more information on Tribal Financials and Budgets

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