Section 4-408. Treasurer  


Latest version.
  • The treasurer of each village shall be the chief
      fiscal officer of the village and it shall be his responsibility to:
        a. have custody of all moneys  belonging  to  the  village,  and  keep
      accounts  of all receipts and expenditures in conformance with a uniform
      system of accounts formulated and prescribed by  the  state  comptroller
      pursuant to section thirty-six of the general municipal law.
        b.  deposit, within ten days after receipt thereof, in the name of the
      village, in a bank or trust company designated by the board of trustees,
      all monies received by him;
        c. he may sign checks with the facsimile signature of  the  treasurer,
      as  reproduced  by  a machine or device commonly known as a checksigner,
      when authorized by resolution or local law of the board of trustees;
        d. pay out monies in  the  village  treasury  only  as  authorized  by
      sections  5-524  and  5-526  of  this  chapter, unless in pursuance of a
      judgment or order of a court. All such payments, except as authorized by
      section 5-526 shall be by check;
        e. file in the office of the village clerk, within  sixty  days  after
      the  end  of the fiscal year, a statement showing in detail all revenues
      and expenditures during the previous fiscal  year  and  the  outstanding
      indebtedness  of  the  village  as of the end of the fiscal year, except
      that the village treasurer, if authorized by the board of trustees, may,
      within the time period prescribed  in  section  thirty  of  the  general
      municipal  law,  submit to the village clerk a copy of the annual report
      required by section thirty  of  the  general  municipal  law,  provided,
      however,  that  if the time for the filing of the annual report has been
      extended by the state comptroller as provided in the said statute,  then
      the  time  for  submitting  a  copy  of  the report to the village clerk
      similarly shall be extended. The board of  trustees  shall,  within  ten
      days,  cause  to  be published in the official newspaper either a notice
      that the annual financial statement has been filed and is available  for
      inspection  or  a  summary  of  such statement in a form approved by the
      state comptroller, with an endorsement thereon that details thereof  are
      on  file in the office of the village clerk. The board of trustees shall
      audit, or cause to be audited by an officer or employee of  the  village
      or  by  a certified public accountant or a public accountant engaged for
      that purpose, such report and supporting records;
        f. shall also perform such other  duties  not  inconsistent  with  his
      office as shall be determined by resolution or local law of the board of
      trustees.