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Melstrom, Nicole

Finance Specialist 1Mn Management & BudgetRamsey CountyFull-time

Vendor Payments. Minnesota state employee pay history, from State of Minnesota salary data.

Total paid
$438,357
over 8 fiscal years
Latest year
$76,605
FY 2026
Highest year
$85,508
FY 2025
Yearly average
$54,795
across years on record
Change since first year
+119%
FY 2019 to FY 2026 · prices +29%

Pay by fiscal year

Total paid across all records in each year, overtime included, compared with consumer prices.

$0$25K$50K$75K$100K$34,9562019$41,6432020$44,1502021$41,7752022$53,8702023$59,8502024$85,5082025$76,6052026
Paid in yearFY 2019 pay grown with consumer prices (CPI)

From FY 2019 to FY 2026, pay went up 119% while consumer prices went up 29%. After inflation, pay is up 69% (it beat inflation).

Pay change each fiscal year compared with consumer prices
YearPaidChangePrices (CPI)After inflation
FY 2026$76,605−10.4%+3.1%−13.1%
FY 2025$85,508+42.9%+2.6%+39.2%
FY 2024$59,850+11.1%+3.3%+7.6%
FY 2023$53,870+29.0%+6.3%+21.4%
FY 2022$41,775−5.4%+7.2%−11.7%
FY 2021$44,150+6.0%+2.3%+3.6%
FY 2020$41,643+19.1%+1.6%+17.3%
FY 2019$34,956———

Each change compares a year with the one before. Large swings usually come from a partial year, extra hours or a change of job rather than a raise. Prices: Consumer Price Index (CPI-U, U.S. city average) from the Bureau of Labor Statistics, averaged July to June; FY 2026 uses 11 months because October 2025 was not published.

Compared with the same job title

FY 2026 · Finance Specialist 1

Paid more than 35% of the 20 people with this job title that year. The median was $82,654.

Uses the amount paid in the year, so partial years and part-time positions read low.

See everyone with this job title

Every record

8 records, newest first

Every pay record for Melstrom, Nicole
FYAgencyJob titleCountyBase payOvertimePaid
2026Mn Management & Budget
Vendor Payments
Finance Specialist 1
Full-time
Ramsey$44.48 /hr—$76,605
2025Mn Management & Budget
Vendor Payments
Finance Specialist 1
Full-time
Ramsey$42.31 /hr—$85,508
2024Mn Management & Budget
Vendor Payments
Finance Specialist 1
Full-time
Ramsey$39.06 /hr—$59,850
2023Administration Dept
FMR AP-Purchasing-SmART
Account Clerk Senior
Full-time
Ramsey$26.11 /hr$600$53,870
2022Administration Dept
FMR AP-Purchasing-SmART
Account Clerk Senior
Full-time
Ramsey$24.63 /hr$111$41,775
2021Administration Dept
FMR AP-Purchasing-SmART
Account Clerk Senior
Full-time
Ramsey$21.61 /hr$489$44,150
2020Administration Dept
FMR AP-Purchasing-SmART
Account Clerk Senior
Full-time
Ramsey$20.53 /hr$105$41,643
2019Administration Dept
FMR AP-Purchasing-SmART
Account Clerk Senior
Full-time
Ramsey$19.57 /hr$7$34,956

The state reports one pay total per person per year, covering all of their positions, so it appears on one of that year’s lines and the others show no separate pay.

Highest paid in Mn Management & Budget

FY 2026, amount paid

Highest paid as Finance Specialist 1

FY 2026, amount paid