Budget & Finance

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.

• 2018-2019 Capital Improvement Program budget and 2018-2023 plan
• 2018-2019 Approved Capital Improvement Program projects
• 2018-2019 Capital Improvement Program Budget Book

• 2017 Popular Annual Financial Report
• 2017 Comprehensive Annual Financial Report (PDF)
• 2017 Regional Railroad Authority Annual Financial Report (PDF)
   
• 2016 Summary Financial Statement (PDF)
• 2016 Fund Balance Report (PDF)
• 2016 Financial Overview and Fund Balance Report (PDF)
• 2016 Regional Railroad Authority Annual Financial Report (PDF)
• 2016 OPED Report (PDF)

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.