CHAPTER 3
OFFICERS AND EMPLOYEES
ARTICLE 3. TREASURER
SECTION:
§250 LOCATION OF OFFICE
The Treasurer of the City shall have his office at any place selected and provided by him which shall be approved by the City Council by resolution. (Ord. 187, §1, adopted 1910)
§251 COMPENSATION; BOND
The Treasurer of the City shall receive as total compensation the sum of eight thousand six hundred forty dollars ($8,640.00) per year payable monthly plus benefits. The City Treasurer shall be bonded in the sum of twenty-five thousand dollars ($25,000.00). The bond fee shall be a proper charge against such funds of the City as the City Council shall designate. Any increase in compensation for the Treasurer shall be effective thirty (30) days after the date of adoption of an ordinance of the City Council effecting this increase. (Ord. 288, §6; Ord. 451, §1, adopted 1952; Ord. 857, §1, adopted 1986; Ord. 910, §1, adopted 1990; Ord. 967, §1, adopted 1996; Ord. 1242, §1, adopted 2024)
§252 DUTIES
The City Council delegates the following duties and responsibilities for the City Treasurer:
A. Serve as Chairperson of the Investment Oversight Committee, preparing the agenda and minutes of each meeting.
B. Prepare and submit reports as required by State law.
C. Serve as an authorized signatory on City checks.
D. Maintain and account for funds as delegated by the City Council and as required by State law.
E. Prepare and submit annually to the City Council a statement of investment policy.
F. Assist the Finance Director in establishing and preparing, in written form, a system of internal controls.
G. Prepare and submit reports as required by the City Council.
H. Review warrants and report questions on expenditures to the City Manager and City Council.
I. Perform other duties as required. (Res. 97-10, adopted 1996)