Mahnomen Finance Department in Mahnomen Minnesota

Address and phone number for Mahnomen Finance Department, a Finance Department, at South Main Street, Mahnomen MN.

Mahnomen Finance Department
216 South Main Street, Mahnomen, Minnesota, 56557

About the Mahnomen Finance Department

The Mahnomen Finance Department, located in Mahnomen, MN, is responsible for financial administration in Mahnomen. 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:
  • Mahnomen County government financial records
  • Mahnomen financial management
  • Municipal bonds and investments
  • Unclaimed property in Mahnomen, MN
  • Government budget reports
Mahnomen Government Financial Records

The Finance Department records all government financial transactions, including accounts payable, payroll, accounts receivable, and employee benefits transactions. The Mahnomen Department of Finance also reconciles bank statements to the general ledger to ensure Mahnomen government financial records are accurate. In addition to financial management services, the Finance Department creates annual financial statements detailing Mahnomen 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 Mahnomen government's financial situation.

Unclaimed Property in Mahnomen, MN

The Mahnomen Finance Department provides information on unclaimed property located in Mahnomen, 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 Mahnomen County databases to search for unclaimed funds or property, as well as information on recovering found cash and property.

Financial Reporting & Controls

In Mahnomen, 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 Mahnomen government compliance with these internal controls.

Mahnomen County Government Investments

The Finance Department manages the Mahnomen 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 Mahnomen County government investments.

Government Bonds & Debt Offerings

The Mahnomen 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 Mahnomen Finance Department for more information on Mahnomen government bonds and debt offerings.

Contact the Mahnomen Finance Department

You may contact the Mahnomen Finance Department by calling 218-935-2359, or by addressing inquiries to the office mailing address: Mahnomen Finance Department, 216 South Main Street, Mahnomen, Minnesota, 56557.

Map of Mahnomen Finance Department in Mahnomen Minnesota

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