[Adopted 6-19-1980 as Secs. 2-2-21 through 2-2-29 of the 1980 Code]
Before entering on the duties of the office, the Treasurer shall execute an official bond, with satisfactory sureties, in such penalty as the Council may prescribe.
It shall be the duty of the Treasurer to keep suitable books in which all receipts and disbursements shall be properly entered and in which the accounts of all persons accountable to the town shall be kept. Each fund shall be separated. All accounts of the town shall be kept correctly and plainly.
The Treasurer shall open and keep in a methodical manner, in a book kept for the purpose, an account of all town checks issued by him or her showing number, date, to whom issued, on what account, amount and date of payment by the Treasurer, and shall, each month, transmit to the Council a statement of aggregate amount of checks outstanding and unpaid at the close of the preceding month.
The Treasurer shall each month make out a full statement to the Town Council of all receipts, disbursements and expenditures for the month preceding, which shall also show the liabilities and resources of the town and the balance, if any, in his or her hands at that time, as well as all other things necessary to show the true financial condition of the town.
The Treasurer shall, when directed by the Council, each year, make with the Committee on Finance a settlement of the account as Treasurer for the year, at which time he or she shall have credit for the list of uncollected taxes and delinquents. If, upon such final settlement, the Treasurer fails to account for any balance ascertained to be due by him, it shall be the duty of the Mayor to proceed to collect the same in the manner governing proceedings against county treasurers under similar circumstances.