Financial Services

The Financial Services Division is responsible for all phases of countywide budget planning, preparation, and monitoring. The division performs numerous services including accounting services, financial management, long-term financial and capital improvement planning, debt financing, payroll, inventory of fixed assets, accounts payable, accounts receivable, independent audit assistance, grant writing, and grant management.

The sound financial management practices of the County were recognized in October of 2009 when Standard and Poor's Rating Services assigned its AAA long-term bond credit rating to the County. Carver County is one of seven counties in the state that have currently achieved this bond rating; less than 2% of counties nationwide have AAA bond ratings. Having the highest bond credit rating possible means the county will qualify for the lowest interest rates offered on bonds for capital projects.

The Financial Services Division prepares summaries of financial information concerning Carver County for use by the County Board, county staff, and county residents. The Government Finance Officers Association (GFOA) of the U.S. and Canada has awarded Carver County the GFOA's Distinguished Budget Presentation Award for its 2010 Budget. The GFOA has also awarded Certificates of Achievement for Excellence in Financial Reporting to the County for its Comprehensive Annual Financial Reports.

The County's financial documents are provided here in PDF format. Copies are also available by contacting the Financial Services Division Director at 952-361-1506, or by sending a request to the Financial Services Division, Government Center Administration Building, 600 East Fourth Street, Chaska, MN 55318.

Budget Book

The annual countywide Budget Book provides an overview of the adopted budget for County government. It offers information on how the County is organized, the services it provides, and the funding sources used to provide those services.

    2010 Budget Book    2009 Budget Book    2008 Budget Book    2007 Budget Book

Long-Term Financial Plan

The Long-Term Financial Plan is used in conjunction with the recommended annual budget to connect financial strategies to the County's short-term and long-term strategic goals and objectives. The Long-Term Financial Plan is a more comprehensive planning document than the County's Capital Improvement Plan as it includes strategies to address significant future operating budget drivers along with Capital Improvement Plans.

     2011 Long-Term Financial Plan    2010 Long-Term Financial Plan
     2009 Long-Term Financial Plan    2007-2011 Capital Improvement Plan

Comprehensive Annual Financial Report

The County's externally audited Comprehensive Annual Financial Report (CAFR) is a statement of the County's financial activity for the fiscal year and the financial condition as of the end of the fiscal year.

    2009 Comprehensive Annual Financial Report       2008 Comprehensive Annual Financial Report           

    2007 Comprehensive Annual Financial Report       2006 Comprehensive Annual Financial Report 

Press Releases

 7-2-10 County Budget wins Government Finance Officers Association award

10-23-09 County receives highest bond credit rating