City Treasurer

City Treasurer

City Treasurer is appointed by the Mayor and City Council.

Responsibilities of City Treasurer

  • Custodian of city revenues, which must be kept at the official place(s) of deposit as provided by ordinance.
  • Investment of city funds upon resolution of the Council
  • Investments of sinking funds in excess of the amount required to pay bonds maturing with the current year
  • Keeping a separate account of each fund or appropriation showing the debits and credits belonging to each.
  • Signing or authorizing checks, along with the Mayor, issued by the city to pay for goods or services.
  • Monthly report to the City Council on the city's financial situation, including a statement of all receipts and disbursements, and all warrants redeemed.
  • Publication of quarterly financial statements
  • Coordinating the City's financial audit
  • Keeping a record of all outstanding bonds, showing the number and amount of each and to whom the bonds were issued, bonds purchased, paid, or canceled; and registering the principal amount of bonds at the request of any bondholder.
  • Filing a list of all bonds issued with the country recorder's office within 30 days after sale or delivery.
  • Supervising billing and administration of local improvement districts.
  • Collecting special assessments