Grand Rapids Finance Department in Grand Rapids Minnesota

Address and phone number for Grand Rapids Finance Department, a Finance Department, at North Pokegama Avenue, Grand Rapids MN.


Name
Grand Rapids Finance Department
Address
420 North Pokegama Avenue, Grand Rapids, Minnesota, 55744
Phone
218-326-7616
Fax
218-326-7608
Hours
Mon-Fri 8:00 AM-6:00 PM; Sat 9:00 AM-3:00 PM

About the Grand Rapids Finance Department

The Grand Rapids Finance Department, located in Grand Rapids, MN, is responsible for financial administration in Grand Rapids. The Finance Department oversees accounting, cash management, debt management, and investment management, including preparing financial statements and enforcing financial controls. Government financial records created by the Finance Department are available to the public.

You may contact the Department of Finance for questions about:
  • Itasca County government financial records
  • Grand Rapids financial management
  • Municipal bonds and investments
  • Unclaimed property in Grand Rapids, MN
  • Government budget reports
Grand Rapids Government Financial Records

The Finance Department records all government financial transactions, including accounts payable, payroll, accounts receivable, and employee benefits transactions. The Grand Rapids Department of Finance also reconciles bank statements to the general ledger to ensure Grand Rapids government financial records are accurate. In addition to financial management services, the Finance Department creates annual financial statements detailing Grand Rapids government financial activities, which are available to the public. These financial statements undergo audits from an outside agency to verify their accuracy and representation of the Grand Rapids government's financial situation.

Unclaimed Property in Grand Rapids, MN

The Grand Rapids Finance Department provides information on unclaimed property located in Grand Rapids, MN. These records allow rightful owners to claim their property. The Finance Department also provides resources to identify unclaimed funds, including for heirs or beneficiaries. Contact the Finance Department for information about Itasca County databases to search for unclaimed funds or property, as well as information on recovering found cash and property.

Financial Reporting & Controls

In Grand Rapids, the Finance Department develops and implements internal controls designed to promote transparency in financial management. These controls also prevent fraud, misuse, and misappropriation of funds. The Finance Department enforces rules for approving payments, handling cash, and processing payments. During the annual audit review, an external agency reviews Grand Rapids government compliance with these internal controls.

Itasca County Government Investments

The Finance Department manages the Grand Rapids government's investments and cash on hand. This includes balancing the need for cash on hand to cover current activities and obligations with the opportunity to maximize investment returns. The Finance Department adopts policies on cash management and investment, and it also provides information on Itasca County government investments.

Government Bonds & Debt Offerings

The Grand Rapids Finance Department manages government bonds and debt offerings, including issuing bonds to pay for infrastructure improvements and public projects. The Department of Finance must size the bond offering and create an Official Statement, which provide rating agencies with information to assign the bonds a credit rating. Contact the Grand Rapids Finance Department for more information on Grand Rapids government bonds and debt offerings.

Contact the Grand Rapids Finance Department

You may contact the Grand Rapids Finance Department by calling 218-326-7616, or by addressing inquiries to the office mailing address: Grand Rapids Finance Department, 420 North Pokegama Avenue, Grand Rapids, Minnesota, 55744.


Map of Grand Rapids Finance Department in Grand Rapids Minnesota