[R.O. 1966 § 2:7-9]
There shall be within the Department of Finance a Division of
the Treasury, the head of which shall be the City Treasurer.
[R.O. 1966 § 2:7-10[a]; Ord. 6 PSF-B(S), 10-11-2017]
The City Treasurer, prior to her/his appointment, shall possess
such qualifications in education, training, experience, performance
and supervision, applicable to the professional level of the position.
His or her compensation shall be such sum as shall be fixed by Executive
Order of the Mayor.
[R.O. 1966 § 2:7-10[b]; Ord. 6 PSF-B(s), 10-11-2007]
The City Treasurer shall have and may exercise all of the functions,
powers and duties vested by ordinance in the office known as the City
Treasurer. The City Treasurer shall be responsible for all duties
referenced in the ordinance including reconciling all municipal checking
accounts.
[R.O. 1966 § 2:7-11[a]]
The City Treasurer shall, except as otherwise provided by General
Law with respect to the Insurance Fund Commission and the Employee's
Retirement System, have custody of all funds belonging to or under
the control of the City, or any department, office or agency of the
City Government. He/she shall daily deposit all funds received by
him/her in such depositories as may be designated by resolution of
the Council, or, if no such resolution be adopted, by the Mayor. All
monies of the City not immediately required for current operations
shall be invested pursuant to law or shall be deposited, so far as
practicable, in interest bearing accounts. All such interest shall
be accounted for in the City's books of account.
[R.O. 1966 § 2:7-11[b]]
The City Treasurer shall have custody of all investments and
invested funds of the City Government, or in possession of the City
in a fiduciary capacity, except as otherwise provided by law, and
shall have the safekeeping of all bonds and notes of the City and
the receipt and delivery of City bonds and notes for transfer, registration
or exchange.
[R.O. 1966 C.S. § 2:7-11[c]; Ord.
6 S+FB, 3-19-2003 § 1]
a. The City Treasurer shall make disbursements upon warrant of the Municipal
Comptroller by an individual warrant check for each bill, claim, wage
and salary payment, as audited and allowed by the Municipal Comptroller
and not otherwise. Each warrant check shall bear the signature of
the Mayor, Municipal Comptroller, or Acting Municipal Comptroller,
and the City Treasurer or Acting City Treasurer, as the case may be.
b. The City Treasurer shall be responsible for the disbursement, refund,
or crediting of any and all excess payments made to the City including
but not limited to all real estate taxes, payments in lieu of taxes,
water and sewer payments, parking taxes, payroll taxes, veteran allowances,
senior citizen allowances and any other cash overpayments within 90
days after the date such payment has been made. In those instances
where payments to the City are conditioned upon the submission of
a certified audit report or financial statement, then all overpayments
shall be refunded/credited within 90 days after the receipt of the
required audit or financial statement. Any overpayment refund or credit
which is the subject of litigation or judgment shall be exempt from
this provision.
[R.O. 1966 § 2:7-12]
Forty business hours before each regular meeting of the Council,
the City Treasurer shall file with the City Clerk a certified list
of bills, claims and payrolls which have been paid through the close
of business on the fifth business day preceding such meeting and not
included on any such list previously filed. The City Clerk, when requested,
shall provide each Council Member with a copy of such list and the
City Clerk shall maintain in his/her office a file of all such lists
which shall be available for inspection by any Council Member or by
the public.