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The City of Fergus Falls is financially sound with a strong tax base of high-quality residential and commercial development.  Our Finance Department is responsible for all financial functions of the city, including:
  • Accurately performing all accounting and financial activities in compliance with legal standards
  • Financial accounting, reporting and audit
  • Maintaining appropriate internal controls over city property
  • Long-term investing and financing
  • Insurance and risk management
  • Budgeting and long-range financial planning
  • Billing residents for public utilities and special assessments
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Financial Report
The audited financial statements are prepared annually and provide a general overview of the city's financial position.
Budget
The budget is prepared and adopted annually and provides specific guidelines for funding and spending.
Capital Improvement Plan
The Capital Improvement Plan identifies the major public improvements needed to serve existing development and support future growth.
Utilities
Outside Recognition
The Government Finance Officers Association (GFOA) has awarded a Certificate of Achievement for Excellence in Financial Reporting to the City of Fergus Falls annually since 1991. Moody's Investor Service has assigned Fergus Falls a high quality Aa3 bond rating.

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