Sec. 24.203. - Duties of Treasurer.
The Treasurer shall be responsible for the treasury, and pension functions. The Treasurer shall be responsible for the custody and disbursement of all funds belonging to or in the possession of the Consolidated Government except as otherwise provided in the Charter, or by ordinance, or general or special law not inconsistent with the Charter. The Treasurer shall invest Consolidated Government funds, whenever any excess funds are available for that purpose, in legal investments approved by the Director of Finance / CFO. The Treasurer shall make every endeavor to secure interest on Consolidated Government funds, and shall manage such funds in the best interests of the Consolidated Government. At the close of each fiscal year the Treasurer shall prepare a statement of the total amount of interest received on Consolidated Government funds during the year, and the average amount of Consolidated Government funds invested per day during the year. This statement shall be submitted to the Director of Finance / CFO, who may make corrections or additions, and who shall submit the statement to the Council and the Mayor. The Treasurer shall supervise the administration of the General Employees Pension Plan and shall have such other duties as may be prescribed from time to time by the Mayor, or by the Director of Finance/CFO, or by law.
(Ord. 2006-1194-E, § 1; Ord. 2007-839-E, § 4)
