(A) Establishment. The Office of City Treasurer is hereby established.
(B) Appointment and qualifications. The City Commission shall appoint a City Treasurer who shall be the custodian of all funds of the city. The City Commission may remove the City Treasurer at will. He or she shall have graduated from an accredited high school and shall be chosen on the basis of his or her secretarial and accounting skills.
(C) Duties and powers. The City Treasurer shall have and exercise all powers and duties assigned to him or her by statute, this chapter, and other municipal responsibilities delegated from time to time. He or she shall advise the City Commission and all other city officers and employees in all financial matters pertaining to their municipal duties or employment or affecting the interests of the city. He or she shall collect, keep safe, promptly deposit, and account for all city revenues and monies from all sources; shall maintain accurate and complete records of all city financial transactions according to accepted accounting standards; and shall submit summary statements of receipts and disbursements monthly to the City Commission. He or she shall prepare and maintain payroll records for all city officers and employees, verify the public purpose of and the city’s legal obligation for all disbursements from city funds, pay all claims and accounts against the city approved by the City Commission, and sign all checks authorized to be issued against city funds.
(D) Oath and bond. No person shall be appointed or act as the City Treasurer unless such person has taken the oath required by § 228 of the Constitution of the commonwealth, and has provided a bond in the sum of $5,000, with corporate surety authorized to transact business in the commonwealth and conditioned upon the performance of the duties specified herein.
(E) Compensation. The compensation of the City Treasurer shall be in an amount to be established by City Commission by ordinance.
(Prior Code, § 31.37) (Ord. 3-1970, passed 8-20-1970)