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Employee Status: Normal
Office Status: Normal
Employee Status Information
 
    Finance
  
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Department of Finance

The Department of Finance is comprised of three divisions: the Office of the Chief Financial Officer, the Accounting Office, and the Procurement Office.  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, and grant administration, as well as debt issuance and management. In addition, the department is responsible for the financial aspects of a variety of 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.

The County's credit ratings are: "AA+" from Standard and Poor's; "Aa2" 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.
BUDGET DOCUMENTS
FY2016 Approved Budget Calendar
   FY2015 Approved Budget Book
   FY2015 Approved Budget Package
   FY2015 Recommended Budget
   FY2015 Recommended Budget Package
   FY2015 Approved Budget Calendar
   FY2014 Approved Budget Book
   FY2014 Approved Budget Package
   FY2014 Recommended Budget
   FY2014 Recommended Budget Package
   FY2014 Approved Budget Calendar
   FY2013 Approved Budget Book
   FY2013 Recommended Budget
   FY2012 Approved Budget Book
   FY2012 Recommended Budget
   FY2011 Approved Budget - Introduction
   FY2011 Approved Budget - Appendix
   FY2011 Approved Budget - Capital Budget
   FY2011 Approved Budget - Operating Budget
   FY2010 Approved Budget Book
   FY2009 Approved Budget Book
   FY2008 Approved Budget Book
   FY2007 Approved Budget Book
   FY2006 Approved Budget Book
   FY2005 Approved Budget Book
   FY2004 Approved Budget Book
  
COUNTY FINANCIAL REPORTS
FY2013 Audit Report
   FY2012 Audit Report
   FY2011 Audit Report
   FY2011 Audit Report
   FY2010 Audit Report
   FY2009 Audit Report
   FY2008 Audit Report
   FY2007 Audit Report
   FY2006 Audit Report
   FY2005 Audit Report
   FY2004 Audit Report
  
GENERAL OBLIGATION BONDS
2014 S&P Ratings
   2011 Fitch Ratings
   2009 Official Statements
   2009 Moodys Ratings
   2009 Fitch Ratings
   2009 S&P Ratings
   2005 Official Statements
   2005 Moodys Ratings
   2005 Fitch Ratings
   2005 S&P Ratings