The Office of Budgeting and Accounting is responsible for the review and preparation of the annual operating and capital budgets, revenue and expenditure forecasting, legislative analysis, cash management, operating the enterprise-wide accounting and payroll systems, financial reporting, investments, debt financing, general financial analysis and the coordination of internal and external audits.
Operating Budget
The County uses its operating budget as a way to monitor revenue and expenses throughout the County, as well as improve financial management and strategic planning.
Capital Improvement Program / Capital Budget
The Capital Improvement Program (CIP) allows the County to fund important projects that provide citizens a variety of services. These projects can range from the purchase of major equipment to the construction of new facilities or the renovation of existing facilities to improve efficiency.
Accounting and Financial Reporting
The County-wide Accounting Systems ensure that financial transactions are processed expeditiously and accurately. It also provides uniform reporting standards and strengthens accounting practices. The County added an internal audit function in 2009 to provide an independent appraisal function to review and evaluate the adequacy and effectiveness of Ramsey County's system of internal controls. Financial Reports are prepared on an annual basis and present the County's financial position, along with historical trend data and demographic information.
Cash Management
The County funds are invested prudently to assure preservation of principal, provide needed liquidity for daily cash requirements and provide an acceptable rate of return. Investments are made in accordance with the County's Investment Policy. Management of the County's long-term debt with the goal of maintaining the strongest credit rating in accordance with the County's Debt Policy. The management of cash entails establishing the banking relationships and putting in tools to efficiently manage the County funds. Analyze, forecast and report on County investments and debt conditions to all necessary parties.
Purchasing and Contracting Opportunities
The City of St. Paul Division of Contract and Analysis Services provides buying, contracting and surplus disposal services to Ramsey County. To increase countywide commitment to ensure that certified small business enterprises and the under-utilized labor market will have equal access to contracting opportunities with Ramsey County, the Ramsey County Board of Commissioners adopted the Inclusiveness in Contracting Program on September 16, 1997. The Ramsey County Manager’s Office administers the Inclusiveness in Contracting Program.
Contract and Analysis Services
Inclusiveness in Contracting Program
