Finance

 

The Olmsted County Finance Department is made up of the following offices: Government Center Finance, 2117 Finance, 2122 Finance, Financial Analysis and System Team (FAST), Purchasing, and Treasury Finance. These departments combine to provide the following primary responsibilities:

  • Annual Budget Preparation
  • Annual and Mid-Year Financial Statement Preparation
  • Accounts Payable
  • Accounts Receivable
  • Cash and Investment Management
  • Debt Management
  • Financial guidance for the County Board of Commissioners, the County Administrator and other County Departments
  • Provide financial information to the State and Federal Government

Financial Analysis and System Team (FAST)

  • Supports and deploy well maintained Finance and HR systems for all users at Olmsted County.
  • Help align system functionality with business process needs.
  • Help Finance and HR staff see how technology can help them accomplish their goals and tasks.  

  • Budgets and Statements

    Budgets and Statements

    Budgets and Statements

    Budgets and Statements

    2022 Budget Message

    The letter attached above is from Olmsted County Administrator Heidi Welsch to the Olmsted County Board of Commissioners and residents of Olmsted County. It provides details on how the budget is developed; highlights of our strategic, operational, and Capital Improvement programs; and information about our investments in community resources.

  • Purchasing Department

    Purchasing Department

    Olmsted County operates under a centralized and decentralized procurement process. The Purchasing Department is responsible for building construction projects, capital improvements, equipment, and the majority of service-related projects.

  • Financial Statements

    Financial Statements

    Olmsted County is pleased to present the Comprehensive Annual Financial Report (CAFR) for Olmsted County, Minnesota. The CAFR is a thorough, detailed presentation of the County's financial position and activities.