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Current as of January 01, 2024 | Updated by Findlaw Staff
The School District Treasurer shall:
(1) Deposit in the school account school tax levies paid over and received, as well as State education spending payments and all other State and federal public education payments.
(2) Serve as a member of the board of abatement.
(3) Keep an account and registry of monies, bonds, notes, and evidences of debt paid or delivered to or issued by the School District, and monies received and disbursed for the School District, which accounts shall be open to the inspection of persons interested.
(4) Invest and reinvest monies received on behalf of the School District with the approval of the Board of School Trustees.
(5) Keep uniform accounts.
(6) Appoint an Assistant District Treasurer and revoke any such appointment at any time, and file notice of the appointment and revocation with the School District clerk and School Board of Trustees.
(7) Keep a record showing the amount of taxes voted for the support of the School District.
(8) Pay orders drawn by the Board of School Trustees, keeping a record thereof.
(9) Settle with the person conducting the audit required under section 23-16 of this chapter 30 days prior to each annual School District meeting and at such other times as the Board of School Trustees may require.
(10) Upon retirement or resignation, immediately pay over to his or her successor all funds in his or her possession belonging to the School District, together with all official books and records.
(11) Keep in a separate bank account all monies appropriated or given for the use of the School District.
(12) Procure and maintain a personal bond in such sum as the Board of School Trustees shall determine, conditioned upon the faithful performance of the School District Treasurer's duties.
(13) Prepare an annual report and deliver the same to the Board of School Trustees within 60 days following the close of the School District's fiscal year.
Cite this article: FindLaw.com - Vermont Statutes Title 16 (Appendix). Education Charters and Agreements, App. c. 23 § 23-17. District Treasurer - last updated January 01, 2024 | https://codes.findlaw.com/vt/title-16-app-education-charters-and-agreements/vt-st-tit-16-app-c-23-sect-23-17/
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