A Township treasury department shall be established under the direction and supervision of the Township manager. This department shall have the following powers, duties, and authority:
(a) To receive, collect, account for, and deposit into the Township treasury, all taxes, fees, funds, assessments or charges that are levied, established or received by the Township for general or special purposes. Such deposits shall be made not later than the first business day following the day in which the funds are received.
(b) To disburse Township funds pursuant to authorization for payment made by the council.
(c) To arrange for temporary investments of Township funds and to make such investments as directed by ordinance.
(d) To deposit the funds of the Township in various depositories as designated by the council. All such accounts shall be in the name of the Township.
(e) To monthly state the accounts, and lay the same, together with the books and the vouchers, before the council for audit.
(f) The acting Township manager as appointed pursuant to Section 4.04 shall sign checks or drafts of the Township during any absence or disability of the Township manager.
(g) With the approval of Council and as permitted by law, to authorize a public or private entity or entities to perform some or all of the functions designated in paragraph (a), above, and, with respect to monies collected, make temporary deposit in the depositories of any such entity; provided, any such entity shall post a bond of a corporate surety in an amount no less than the collections that may be in possession of the entity at any time or as otherwise provided by law. 1
Notes
| 1 | Editor’s Note: Section 5.05(g) added by approval of the referendum question by the voters at the General Election held November 8, 2011, of the amendment proposed to the Home Rule Charter by Ord. 521, 7/20/2011. |