Budget & Finance
Ramsey County uses its two-year (biennial) operating budget to monitor revenue and expenses, and to improve financial management and strategic planning. The Capital Improvement Program (CIP) is used to fund projects such as major equipment purchases and construction or renovation of facilities. Annual financial reports present the county's financial position, along with historical trend data and demographic information.
Explore current budget revenues and expenditures in the Open Finance section of our Open Data Portal.
2020-2021 budget
2019 supplemental budget
- 2019 performance measures and supplemental budget (PDF)
- 2017 financial overview and fund balance report summary (PDF)
- 2019 performance measures and supplemental budget hearing schedule (PDF)
- Ramsey County Manager's 2019 recommended supplemental budget presentation (PDF)
- Trends affecting payable 2019 property taxes in Ramsey County (PDF)
- 2018 Assessor's mid-year update (PDF)
- 2019 Supplemental Budget submitted to County Board (press release)
- Responses to questions raised during the 2019 supplemental budget process
Approved 2019 supplemental budget
- Budget resolution A (PDF)
- Budget resolution B (PDF)
- Detail of adjustments (PDF)
Current capital improvement budget and plan
The Capital Improvement Program (CIP) is a six-year plan for facility, equipment and infrastructure needs. The capital budget consists of those projects funded in the first two years of the CIP. An advisory committee consisting of up to 14 citizens appointed by the county board and staff reviews requests and makes CIP recommendations to the board. These documents are PDFs.
Current financial reports
Bond ratings
Ramsey County's current general obligation bond ratings are:
AAA Standard and Poor's
Aaa Moody's
Ramsey County has maintained this highest possible rating from both agencies since 2001. This has reduced interest costs on bonds sold to finance the county's capital projects.
Only 65 of 3,144 counties in the U.S. have a AAA rating from both agencies. Ramsey County is one of only two Minnesota counties to have received these bond ratings as well as annual awards from the Government Finance Officers Association (GFOA) for Distinguished Budget Presentation, Comprehensive Annual Financial Report and Popular Annual Financial Report.
Factors behind the county's current bond ratings include:
- Strong economic base and proximity to employment throughout the Twin Cities.
- Strong financial management with good policies and practices.
- Healthy reserves and conservative debt profile.