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 The
Department of Finance is comprised of four divisions:
the Office of the Chief Financial Officer, the
Accounting Office, the Procurement Office and the
Copy Center. The Department
of Finance is responsible for all financial activities
of County government, with the exception of the billing
and collection of property taxes which is the
responsibility of the
County
Treasurer.
The Office of the Chief Financial Officer is responsible
for providing fiscal policy guidance to the Board of
County Commissioners, overall departmental coordination,
administrative support,
budget development monitoring, and
control,
grant administration, as well as debt
issuance and management.
In addition, the department is responsible for
the financial aspects of a variety
agreements to
which the County
is a party.
The
Accounting Office is
responsible for paying bills, receiving revenues, cash
management, audit activities, payroll, fixed assets
accounting and reporting and other accounting functions.
Additionally, this division processes the
County's Energy Tax refunds.
The
Procurement Office provides centralized
procurement of materials, supplies, services and
construction contracting for all St. Mary's
County Government
departments and divisions. In addition, the County
participates in collaborative procurements with both
Calvert and Charles counties as well as the St. Mary's
County Board of Education, the St. Mary's
County Library,
and the St. Mary's County Metropolitan Commission.
This County's credit ratings
are: "AA" from Standard and Poor's, "Aa3" from
Moody's Investors Service, Inc. and AA" from Fitch
Ratings. The department's responsibilities include
evaluating and monitoring debt capacity for both the
current and planned capital programs for conformance
with debt affordability parameters set by the Board of
County Commissioners
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