[1]
Editor's Note: For statutory provisions on
the functions and duties of City Treasurers, see 65 ILCS 5/3.1-35-40
through 5/3.1-35-85.
The City Treasurer shall be elected and serve
for a four-year term and until a successor is elected and qualified
as provided by statute and shall receive such compensation as may
be set from time to time by the City Council.
Before entering upon the duties of his/her office,
the City Treasurer shall execute a bond in an amount as determined
by the City Council, but in no case less than that required by statute.
The bond shall be conditioned upon the faithful performance the Treasurer's
duties and to indemnify the City for any loss by reason of any neglect
of duty or other wrongful act of the Treasurer.
The Treasurer shall receive all moneys belonging
to the municipal corporation and shall keep a separate account of
each fund or appropriation, and the debts and credits belonging thereto.
He/She shall render, at the end of each and every month, and more
often if required, a statement, under oath, to the Clerk showing the
state of the treasury at the date of such account and the balance
of the money in the treasury. Said statements shall set forth all
money received by the Treasurer, and from whom and upon what account
they shall have been received; also, all moneys paid out by the Treasurer
and upon what account they shall have been paid, and he/she shall
file with the statement in the Clerk's office all vouchers for such
payment.
The City Treasurer shall keep an accurate register
of all warrants redeemed and paid by him/her, showing the number,
date and amount of each, the fund from which paid, and the name of
the person to whom and where paid; and he/she shall cancel all warrants
as shown as they are redeemed by him/her.
The City Treasurer shall report to the Clerk
any officer authorized to receive money who may fail to make a return
on moneys received by him/her at the time required by law, or by the
ordinances of the City.
The City Treasurer shall cause to be kept books
of account, in such manner as to show with entire accuracy all moneys
received by the Treasurer, from whom received and from what account;
and of all moneys paid out by him/her, and to whom and on what account
they shall have been paid; and in such manner that said books may
be readily understood and investigated; which books and all papers
and files of said office shall be at all times open to the examination
of the Clerk or any of the Aldermen.
All moneys received on any special assessment
shall be held by the Treasurer as a special fund, to be applied to
the payment of the improvement for which the assessment was made,
and said money shall be used for no other purpose whatever, unless
to reimburse the City for money expended for such improvement out
of its general fund.
The City Treasurer shall annually, at the end
of the fiscal year, furnish a report from the City Auditors, publish
the condensed version of the same and otherwise comply with state
statutes pertaining thereto.
[1]
Editor's Note: See also 65 ILCS 5/3.1-35-65.
In case the office of City Treasurer becomes
vacant for any reason, it shall be filled by the Mayor with the advice
and consent of the Council, as is provided for statute.
