Sedgwick County serves a population of more than
470,000 with approximately 2,900 employees.
The County spends approximately
$300 million annually to provide a full range of public
services, and at any give time has an investment
portfolio in excess of $325 million that has
been collected but not spent.
Sedgwick County
is committed to prudent use of taxpayers’ money.
Fulfilling this commitment is the responsibility
primarily of the Finance Division. The employees of the
Finance Division are accountable for all aspects of the
County’s financial management with the exception of
property tax administration, which is done through the
collaborative efforts of the county appraiser, county
clerk, and county treasurer. To fulfill its
responsibilities, the Finance Division has a staff of 40
public servants organized in four departments:
Accounting,
Budget,
Purchasing,
and
Risk Management.
Long-Range
Financial Plan:
Sedgwick County’s financial plan is prepared by the
Finance Division as a tool for the County Commission and
management. It enables decision makers to evaluate
potential capital projects and operating budget
initiatives in the context of the County’s ability to
pay for them and with recognition of potential future
impacts on taxes and fund balances. This long-term
planning ensures informed financial decisions.
View the most recent
Financial
Plan to learn more.
Debt Management:
Sedgwick County issues bonds to finance projects like
roads, bridges, and public buildings. Sedgwick County
typically issues bonds at least once each year. A debt
management policy prescribes when and how the County may
borrow money through issuance of bonds and temporary
notes, and sets limits on the amount of debt the County
may issue. View the
Sedgwick
County Debt Policy to learn
more.
Bond Ratings:
Sedgwick County's sound financial management has been
recognized by the three major municipal bond rating
services. Good bond ratings are important because they
can reduce the interest rate the County pays on future
bond issues, saving taxpayers a considerable amount of
money.
FitchRatings has
given Sedgwick County its highest rating, AAA.
Standard & Poor's
has assigned a rating or AA+. This is the second highest
rating possible.
Moody's Investor Service has
given a rating of Aa1, also the second highest
rating given.
DISCLAIMER: The
information contained in this Web site is current as of the date of each
report that is available through this site, which dates may be different
for each available report. Nothing contained in this website or any
report available through this site is, or should be construed as, a
representation by Sedgwick County, Kansas that the financial information,
operating data, or other information included in these reports constitutes
all of the information that may be material to a decision to invest in,
hold or dispose of any of the securities issued by or on behalf of Sedgwick
County, Kansas. The availability of any report, financial information
or operating data of the County through this site does not create any
obligation on the part of Sedgwick County, Kansas, by implication or
otherwise, to update any of the financial information or operating data
included in this website or any report available through this Web site.
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