Sedgwick County serves a population of about 500,000 with approximately 2,800 employees. The county spends approximately $330 million annually to provide a full range of public services, and at any give time has an investment portfolio in excess of $250 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 34 public servants organized in four departments: accounting, budget, purchasing, and risk management.. Five additional public servants provide transactional support to county operating departments.
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 Forecast to learn more.
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.
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.
Fitch Ratings has given Sedgwick County its highest rating, AAA.
Standard & Poor's also has assigned it's highest rating of AAA.
Moody's Investor Service has given a rating of Aaa, the
highest rating given.
The information contained in this website 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 website.
Chief Financial Officer
525 N. Main, Suite 823
Wichita, KS 67203