Budgets & Reports
Finance compiles the Annual Budget, 5-year Capital Improvement Plan, Long Term Financial Plan, Tax Increment Reports and the Annual Comprehensive Financial Report.
Certificate of Achievement for Excellence in Financial Reporting
The Government Finance Officers Association (GFOA) has awarded a Certificate of Achievement for Excellence in Financial Reporting to the City of Faribault for 30 consecutive years. In order to be awarded a Certificate of Achievement for Excellence, a government must publish an easily readable and efficiently organized Annual Comprehensive Financial Report, and the contents must conform to the program requirements. Such reports must satisfy both generally accepted accounting principles and applicable legal requirements.
AA Credit Rating
Standard and Poor's has assigned Faribault an AA credit rating.
For information on assessing services, property taxes and real estate inquiries, visit the Rice County website.