19.01 APPOINTMENT.
The Mayor shall appoint subject to Council approval the Treasurer. The Treasurer will serve at the discretion of the Council.
Municipal Code
Chapter 19 – City Treasurer
Appointment and duties of the City Treasurer.
Chapter 19
City Treasurer
Chapter Contents
19.01 Appointment
19.03 Duties of the Treasurer
19.02 Compensation
19.02 COMPENSATION.
The Treasurer is paid such compensation as specified by resolution of the Council.
19.03 DUTIES OF THE TREASURER.
The duties of the Treasurer as follows:
(Code of Iowa, Sec. 372.13[4])
1. Custody of Funds. Be responsible for the safe custody of all funds of the City in the manner provided by law and Council direction.
2. Record of Fund. Keep the record of each fund separate.
3. Record Receipts. Keep and accurate record of all money or securities received by the Treasurer on behalf of the City and specify the date, from whom, and for what purpose received.
4. Record Disbursements. Keep and accurate account of all disbursements, money, or property, specifying date, to whom, and from what fund paid.
5. Special Assessments. Keep a separate account of all money received by the Treasurer from special assessments.
6. Deposit Funds. Upon receipt of moneys belonging to the City, deposit the same in depositories selected by the Council.
7. Reconciliation. Reconcile depository statement and certify monthly to the Council the balance of cash and investments of each fund and amounts received and disbursed.
8. Debt Service. Keep a register of all bonds outstanding and record all payments of interest and principal.
9. Other Duties. Perform such other duties as specified by the Council by resolution or ordinance.
10. Reconciliation with Clerk. Reconcile the Treasurer’s books with the Clerk’s every month.
(Ch. 19 - Ord. 364 – Aug. 14 Supp.)