What are the duties and responsibilities of the municipal treasurer?
The municipal treasurer is one of the key members of local government in New York. They are responsible for the collection, management, and disbursement of municipal funds. This includes budgeting, maintaining financial records, and making sure that revenue collected by the municipality is properly allocated and spent. The municipal treasurer ensures that all municipal taxes are collected in a timely and accurate manner, that all payments to the municipality are made in a timely and accurate manner, and that all funds are invested appropriately. They must also ensure that all municipal bond sales are conducted in accordance with laws and regulations. The municipal treasurer is also responsible for oversight of the municipality’s investment portfolio and for providing reliable financial information to the municipality’s elected officials and staff. Monitoring the financial performance of the municipality is also a key duty of the municipal treasurer. They must ensure that all investments are safe and secure, and that the municipality is capable of meeting its financial obligations. Finally, the municipal treasurer is responsible for overseeing municipal elections, ensuring that all local candidates are legally qualified to run for office. They must also maintain accurate and up-to-date records of all local election results. This often includes reconciliation of vote tallies and making sure that all election laws are followed.
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