Duties and Responsibilities
The Treasurer carefully monitors the efficient management of cash from the time revenue is earned to the time an expenditure payment clears the bank. These objectives are interrelated. Available cash can best be maximized when investments are managed prudently to earn market yields. Investment yield can best be maximized when cash receipts and disbursements are managed to increase the amount and duration of investable funds. Establishing and maintaining the County’s Pooled Investment Policy is an important tool to help insure that laws and ordinances are followed, and create standards by which to measure performance in an efficient manner.
The County processes payments by check through the Automated Clearing House (ACH) electronic processing system. Under the ACH system, checks made payable to the County will be credited and debited the day after they arrive for processing. The transaction will be noted on the customers’ monthly bank statement as an electronic charge. Cancelled checks will not be returned unless requested.