The Village Treasurer shall:
A. Generally: Perform such duties as may be prescribed for him by statute or ordinance. He shall be the custodian of all money paid into the Village whether directly from the person paying the money or from the hands of such other officer or employee as may receive it, and he shall pay out money only on warrants, vouchers or orders properly signed by the Mayor and Clerk.
B. Deposit of Funds: Deposit the Village funds in such depositories as may be selected from time to time as provided by law, and he shall keep the deposit of the Village money separate and distinct from his own money and shall not make private or personal use of any Village money.
C. Investments: Invest idle funds within two (2) working days at prevailing interest rates or better. Such investments are limited to those authorized by law for the investment of public funds.
D. Records and Reports: Keep records showing all money received by him, showing the source from which it is received and the purpose for which it is paid, and he shall keep records at all times showing the financial status of the Village.
E. Accounting: Keep such books and accounts as may be required by statute or ordinance in accordance with generally accepted accounting principles.
(1961 Code §§ 4.505, 4.506, 4.508; amd. 1992 Code)