The Village Treasurer shall receive all moneys belonging to this village and shall pay all warrants signed by the Mayor and countersigned by the Village Clerk and not otherwise, and shall keep a separate account of each fund or appropriation and the debits and credits belonging thereto. He or she shall give to every person paying money into the Village Treasury a receipt therefor, specifying the date of payment, and upon what account paid, and he or she shall file copies of such receipts with the Clerk with his or her monthly reports. The Treasurer shall prepare daily an itemized list of all moneys received and shall deliver a copy of the same to the Village Board and shall also pay over to the Village Treasury all moneys received by him or her and take a receipt therefor.
(Ill. Rev. Stat., Ch. 24, §§ 3-10-2 and 8-1-8) (Prior Code, § 1.2.74)