Acts and Regulations

2017, c.18 - Local Governance Act

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Powers and duties of the treasurer
76(1)The treasurer is the chief financial and accounting officer of the local government and shall
(a) collect and receive all money of the local government,
(b) open one or more accounts in the name of the local government in a chartered bank, credit union or other similar place of deposit approved by the council, and deposit in the accounts all money received by the treasurer on behalf of the local government,
(c) maintain accurate accounts and records of the financial information of the local government in accordance with section 99.1 of this Act,
(d) be the custodian of all accounts and records referred to in paragraph (c) and all financial documents of the local government,
(e) after the end of each fiscal year, prepare a detailed statement of the finances of the local government in order for an annual audit to be prepared under subsection 79(3),
(f) prepare and submit periodic statements to the council as the council requires,
(g) ensure that the local government is protected by insurance against risks that may involve pecuniary loss or liability on the part of the local government,
(h) advise the council and its committees on all matters relating to finance or accounting, and
(i) perform any other duties that the council assigns to him or her.
76(2)The assistant treasurer is subject to the directions of the treasurer and, in the absence or disability of the treasurer or when there is no treasurer, has all the powers and duties of the treasurer.
2023, c.18, s.97; 2024, c.22, s.1
Powers and duties of the treasurer
76(1)The treasurer is the chief financial and accounting officer of the local government and shall
(a) collect and receive all money of the local government,
(b) open one or more accounts in the name of the local government in a chartered bank, credit union or other similar place of deposit approved by the council, and deposit in the accounts all money received by him or her on behalf of the local government,
(c) maintain accurate accounts and records of the financial information of the local government in accordance with section 99.1 of this Act,
(d) be the custodian of all accounts and records referred to in paragraph (c) and all financial documents of the local government,
(e) after the end of each fiscal year, prepare a detailed statement of the finances of the local government in order for an annual audit to be prepared under subsection 79(3),
(f) prepare and submit periodic statements to the council as the council requires,
(g) ensure that the local government is protected by insurance against risks that may involve pecuniary loss or liability on the part of the local government,
(h) advise the council and its committees on all matters relating to finance or accounting, and
(i) perform any other duties that the council assigns to him or her.
76(2)The assistant treasurer is subject to the directions of the treasurer and, in the absence or disability of the treasurer or when there is no treasurer, has all the powers and duties of the treasurer.
2023, c.18, s.97
Powers and duties of the treasurer
76(1)The treasurer is the chief financial and accounting officer of the local government and shall
(a) collect and receive all money of the local government,
(b) open one or more accounts in the name of the local government in a chartered bank, credit union or other similar place of deposit approved by the council, and deposit in the accounts all money received by him or her on behalf of the local government,
(c) maintain accurate accounts and records of the financial information of the local government in accordance with the Control of Municipalities Act,
(d) be the custodian of all accounts and records referred to in paragraph (c) and all financial documents of the local government,
(e) after the end of each fiscal year, prepare a detailed statement of the finances of the local government in order for an annual audit to be prepared under subsection 79(3),
(f) prepare and submit periodic statements to the council as the council requires,
(g) ensure that the local government is protected by insurance against risks that may involve pecuniary loss or liability on the part of the local government,
(h) advise the council and its committees on all matters relating to finance or accounting, and
(i) perform any other duties that the council assigns to him or her.
76(2)The assistant treasurer is subject to the directions of the treasurer and, in the absence or disability of the treasurer or when there is no treasurer, has all the powers and duties of the treasurer.
Powers and duties of the treasurer
76(1)The treasurer is the chief financial and accounting officer of the local government and shall
(a) collect and receive all money of the local government,
(b) open one or more accounts in the name of the local government in a chartered bank, credit union or other similar place of deposit approved by the council, and deposit in the accounts all money received by him or her on behalf of the local government,
(c) maintain accurate accounts and records of the financial information of the local government in accordance with the Control of Municipalities Act,
(d) be the custodian of all accounts and records referred to in paragraph (c) and all financial documents of the local government,
(e) after the end of each fiscal year, prepare a detailed statement of the finances of the local government in order for an annual audit to be prepared under subsection 79(3),
(f) prepare and submit periodic statements to the council as the council requires,
(g) ensure that the local government is protected by insurance against risks that may involve pecuniary loss or liability on the part of the local government,
(h) advise the council and its committees on all matters relating to finance or accounting, and
(i) perform any other duties that the council assigns to him or her.
76(2)The assistant treasurer is subject to the directions of the treasurer and, in the absence or disability of the treasurer or when there is no treasurer, has all the powers and duties of the treasurer.