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The treasurer of a public agency is elected [1] by the voting public or is appointed by the municipal council or municipal manager. City treasurers are primarily responsible for managing the revenue and cash flow of the agency, banking, collection, receipt, reporting, custody, investment or disbursement of municipal funds.
The following Code of Ethics, governing the professional conduct of active members of the California Municipal Treasurers Association, [2] sets a standard of conduct in government finance: Purpose - This Code of Professional Ethics ensures a uniform adherence to the Association's longstanding policies related to legal, moral and professional ...
California Municipal Treasurers Association (CMTA) is the professional society of active public treasurers of California counties, cities, and special districts. It sets ethical standards for the treasury profession in state and local government in California. The treasurer of a public agency is elected [1] by the voting public or are appointed ...
Municipal authorities are a special kind of local unit: unlike cities, boroughs, and townships, which are general government entities, they are set up to perform special services. An authority is a body corporate and politic authorized to acquire, construct, improve, maintain, and operate projects, and to borrow money and issue bonds to finance ...
For municipal bonds purchased at a discount, the de minimis tax rule determines whether the bond’s appreciation at maturity will be taxed at ordinary income or capital gains rates. The de ...
Age: 46 Residence: Town of Texas Occupation and education: Marathon County treasurer, accounting degree and bachelor's degree in human resources management, certified county and municipal ...
The municipal treasurer does not have the public's permission to put public funds principal at risk, no matter how great the potential yield. Securities options, therefore, are limited by statute to the safest portion of the investment continuum. Public Treasury statutes mandate a priority of safety (first), liquidity (secondarily) and yield ...
"The debt limit is a very nuanced convention," Bessent told the U.S. Senate Finance Committee in response to a question from U.S. Senator Elizabeth Warren about whether he would support its repeal.