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The department provides financial management and processing of all accounting transactions for all City operations. This includes but is not limited to the daily financial operations of accounts payable, accounts receivable, payroll, investments and risk management. The department also coordinates the City’s budget process, prepares periodic financial reports, administration of special assessments, debt management and assists with the capital improvement plan.

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The Government Finance Officers Association of the United States and Canada has awarded the Certificate of Achievement for Excellence in Financial Reporting to the City of Elk River for its comprehensive annual financial report (CAFR) annually since 1989. In order to be awarded a Certificate of Achievement of Excellence, a government must publish an easily readable and efficiently organized CAFR, and the contents must conform to the program requirements. Such reports must satisfy both generally accepted accounting principles and applicable legal requirements.
 

The Government Finance Officers Association of the United States and Canada has awarded the City of Elk River the Distinguished Budget Presentation Award for its budget document annually since 2009. This award reflects the commitment of the City to meeting the highest principles of governmental budgeting.




For information on property assessment services, property taxes, and real estate inquiries, please contact Sherburne County at 763.765.3000.