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Mission Statement
In county finance, the
treasurer is the cash manager, functioning in a manner similar to a
banker. As cash manager, the treasurer collects all cash received
by the county. These receipts can be collected directly or
indirectly received through the Auditor. The Treasurer's office
makes all deposits. All county expenditures are made by warrant of
the county Auditor to the Treasurer. The Treasurer redeems
warrants when presented by the bank. All transactions processed
are posted by fund to the Treasurer's records. Bank activity of
the treasury is balanced with the depository on a daily basis. The
Treasurer provides evidence of this reconciliation to the Auditor on a
daily basis to ascertain that both offices' records are in agreement.
The Treasurer is the chief investment officer of the county.
Through communication with the Auditor, the Treasurer should match
investment timing with cash flow needs. The goal of investing
public money is to protect the public money while trying to maximize
returns using eligible investments purchased in compliance with the law.
A
primary duty of the county Treasurer is the role of tax collector.
The collection of real estate and manufactured homes (trailer) tax takes
place in December and June. Settlement occurs in February and
August. The Treasurer also collects personal property tax, based
on information provided on personal property tax returns. The
collection takes place in April and September with settlement taking
place in June and October. The Treasurer keeps a detailed record
of the collection status of each real estate parcel.
Miscellaneous duties performed by the county Treasurer include
maintaining the bonds of several county officials and sitting on various
boards. these boards are the County Budget Commission, the County
Board of Revision, the Investment Advisory Board, the Microfilming Board
and the Automatic Data Processing Board. |