Who Funds the YVCOG?
The funding for the Yakima Valley Conference of Governments comes from a variety of sources. The annual budget itself is established each January. As allowed under state law, YVCOG collects an annual assessment from each of its members.
Each member jurisdiction votes on the local assessments for the upcoming year. This assessment makes up approximately 14% of the total YVCOG budget. The remainder of operating funds consists of technical assistance contracts with YVCOG members, state grants, federal grants, and a small carry-over of funds from the previous year.
Unlike many government agencies, YVCOG does not receive its revenues at the beginning of each year. Funding must be generated to cover costs, while assuring member requested services are provided. This balancing act is difficult to maintain, but the effort meets the goals of keeping assessments low and having each program pay its own way.
Annual Reports
Each year, YVCOG makes available an Annual Financial Report that provide an overview of the agency’s budget for the fiscal year. The report consists of required financial statements and other supplementary financial information prescribed by the Governmental Accounting Standards Board. YVCOG prides itself on maintaining open accounting and transparency with management of public funds.