Finance

Finance

The Finance Department is responsible for the financial accounting and reporting for the entire reporting entity. This includes such financial functions as general ledger, payroll, A/R, A/P and fixed assets. The department is also responsible for the cash management program and the debt management program including the selling of bonds, the payment of debt and protecting the County’s Aa2/AA2 debt rating. The Finance Director and the County Treasurer assist each other with the County’s complex investment program.

Being a full service finance function, the department includes the Risk Management Division. This includes a full range of insured and mostly self insured protections for the County employees and residents.

The Finance Department is responsible for hiring certain contractual services from outside vendors such as independent auditors to perform the annual audit and assist with the production of the County’s Comprehensive Annual Financial Report (CAFR) that can be viewed on line within this web site. We also retain the services of actuaries, investment advisors, third party custodians, bond counsel and many other professional services. (Secondary Market Disclosures)

By statute the County must produce an annual budget. This process begins in June of each year and ends in November by having the County Board approve the budget document. This document can also be viewed within this web site. This encompasses six outside agencies and 26 internal operations for a total budget of $114 million (capital and operation).

The Department continues to use technology to its best advantage and provide cost efficient services to its taxpayers. As the next several years go by you will notice a wide range of changes as the Finance and Treasurer’s Department use the Internet for interacting with its citizens.

Information

Kristi Kordus

Director: Kristi Kordus
Phone: 715-261-1170
Fax: 715-261-1185
E-mail: Contact Us

Address: Map
Marathon County Courthouse
Finance Department
500 Forest St.
Wausau WI 54403
 

Core Values Examples