CORVALLIS — Two separate ongoing audits of the state’s Department of Geology and Mineral Industries have not yielded any significant concerns, according to the department’s chief financial officer.

The department, which has recently confronted financial challenges, is being audited by two entities: the Oregon Secretary of State and the Federal Emergency Management Administration (FEMA).

While both remain incomplete, neither audit has yet raised red flags, CFO Kim Riddell said at a meeting of the department’s governing board Monday. She also told the board that the department is looking “very strong” financially.

The department is responsible for mapping and assessing geologic risks and regulating mining and other resource exploration. Earlier this month, department officials published an inventory of mineral resources in Southern and Eastern Oregon at the behest of the Oregon Legislature.

In 2015, the agency, often referred to by its acronym, DOGAMI, underwent a financial review with help from accounting employees at other state agencies.

The review found that the department faced a budget shortfall, and in May of that year the Legislature approved moving $800,000 from the state’s general fund to maintain the department’s operations through June 30, 2015, the last day of the budget biennium.

Riddell said Monday that a key issue at the department, which receives a good amount of grant money to carry out its work, has been “cash flow maintenance.”

According to DOGAMI spokeswoman Ali Ryan Hansen, the secretary of state is reviewing whether the department adhered to financial best practices when it came to federal funds.

In the 2015-17 biennium, the department received $5,356,535 in federal funds, according to the budget request it has compiled for the upcoming biennium. Its total revenue in 2013-15 was just over $13 million.

DOGAMI asked the secretary of state to audit its financial practices in February.

Hansen wrote in an email Monday that the department had initially asked the secretary of state to review the department’s past and present financial practices and to make recommendations on any changes that the agency needed to make.

But that was a “big ask,” Hansen said, so the department narrowed the scope of the audit.

The FEMA audit is routine and is intended to look specifically at grant money that the agency has awarded to DOGAMI, which in the past has received FEMA money to do projects like improve its mapping of flood hazards, according to its website.

Hansen said DOGAMI’s current FEMA-funded projects were reviewed this summer, but the audit report is yet to be completed and published.