Chapter 2.16
VILLAGE TREASURER
Sections:
2.16.070 Special assessment funds.
2.16.080 Warrants – Transfer of funds.
2.16.010 Appointment – Term.
There is created the office of village treasurer, who shall be appointed by the president and board of trustees as provided by statute. He shall serve for one year, or until his successor is appointed.
2.16.020 Bond.
The village treasurer shall give a bond before entering upon the duties of his office, in the sum required by the board of trustees, but such amount shall not be less than that required by statute. The bond shall be conditioned upon the faithful performance of his duties by the treasurer, and shall be conditioned to indemnify the village for any loss by reason of any neglect of duty or any act of the treasurer.
2.16.030 General duties.
The treasurer shall perform such duties as may be prescribed for him by statute or ordinance. He shall receive 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 vouchers or orders properly signed by the president and clerk.
2.16.040 Deposit of funds.
The treasurer shall deposit the village funds in such depositories as may be selected from time to time as provided by law. 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.
2.16.050 Record-keeping.
The treasurer shall 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.
2.16.060 Accounting.
The treasurer shall keep such books and accounts as may be required by statute or ordinance, and he shall keep them in the manner required by the board of trustees.
2.16.070 Special assessment funds.
All moneys received on any special assessment shall be held by the treasurer as a special fund to be applied only to the payment of the improvement, or bonds and vouchers issued therefor, together with interest thereon, for which the assessment was made, and said money shall be used for no other purpose, unless to reimburse the village for money expended for such improvement. Payments on bonds or vouchers shall be made in accordance with the statutes and the law and the treasurer shall keep his books and accounts in such a manner so that proper prorations in payments of principal and interest can be made and ascertained.
2.16.080 Warrants – Transfer of funds.
All warrants drawn on the treasurer must be signed by the president and countersigned by the clerk, stating the particular fund or appropriation to which the same is chargeable, and the person to whom payable; and no money shall be otherwise paid except as may be provided by statute. (Ord. 99-74, 1999)