About the Treasurer's Office
The county treasurer holds a key position of public trust in the financial affairs of local government. Acting as the bank for the county, school districts, fire districts, water districts and other units of local government, the treasurer’s office receipts, disburses, invests and accounts for the funds of each of these entities. In addition, the treasurer is charged with the collection of various taxes that benefit a wide range of governmental units. Over sixty percent of the workload of the county treasurer is directed toward providing services to the taxing districts.
The major responsibilities of the county treasurer can be summarized in the following areas:
- Receipting and accounting of revenue
- Collection of taxes and assessments
- Disbursement of funds
- Cash and investment management
- Debt management
RECEIPT AND ACCOUNTING OF REVENUE
COLLECTION OF TAXES AND ASSESSMENTS
DISBURSEMENT OF FUNDS
The treasurer performs cash management and banking services for the county, school, fire, port, cemetery and library districts, as well as various other government agencies. The cash needs of each fund is determined on a daily basis. The treasurer invests funds that are not needed for immediate expenditures for the county and the districts in accordance with their investment policy
The treasurer administers short-term and long-term debt financing. Bond sales authorized by the county and school or other local districts are facilitated by the treasurer. A detailed record is kept of every bond and an entry on the bond register shows each bond and coupon payment.
The treasurer also administers the sale of county surplus items such as sheriff’s cars and county road equipment at public auction. In addition, any unclaimed money or property found upon a deceased person is delivered to the treasurer by the coroner or medical examiner, for safekeeping.
The duties of the county treasurer are many and varied and require the efficient and reliable handling of public funds. With responsibilities extending beyond the scope of county operations, the county treasurer plays a key fiduciary role in the operation of local government.
The county treasurer adds value to the taxing districts and citizens by providing:
- Efficiency and expertise in providing countywide treasury services
- Centralized revenue collection
- Reduction in local government financial service costs to county taxpayers
- Consolidated investment service
- Reduction in banking service costs
- Additional internal controls
- Financial analysis expertise
- Assistance in revenue projections and debt service payments