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:

The CTCLUSI Enrollment Department will now be managing the application process for this Elders benefit. The current funding for each Tribal Elder at age 65 and beyond is $500.00 per month. Tribal Code Chapter 5-10 defines this program in two categories. One way is as an Elders Pension, another way its defined as Supplemental Security Income Program. 

Due to the requirements of Tribal Code Chapter 5-10 Tribal Elders Pension and Tribal Elders Supplemental Security Income Program we are sending an application for you to complete and return.

Enrolled members who turn 65 years of age, can begin to receive this benefit the first month following their 65th birthday.

Once you complete your application, your checks will be mailed to the address you provide. There is an option for direct deposit, we ask that you reach out to the Finance Department for this process.

Thank you in advance for your assistance in this new application process. Please let me know if you have any questions.

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