Northfield Finance Department in Northfield Minnesota

Address and phone number for Northfield Finance Department, a Finance Department, at Washington Street, Northfield MN.


Name
Northfield Finance Department
Address
801 Washington Street, Northfield, Minnesota, 55057
Phone
507-645-3015
Fax
507-645-3055

About the Northfield Finance Department

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

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

Unclaimed Property in Northfield, MN

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

Financial Reporting & Controls

In Northfield, 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 Northfield government compliance with these internal controls.

Rice County Government Investments

The Finance Department manages the Northfield 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 Rice County government investments.

Government Bonds & Debt Offerings

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

Contact the Northfield Finance Department

You may contact the Northfield Finance Department by calling 507-645-3015, or by addressing inquiries to the office mailing address: Northfield Finance Department, 801 Washington Street, Northfield, Minnesota, 55057.


Map of Northfield Finance Department in Northfield Minnesota


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