SAP 1211
.22WESTERN COVENTRY FIRE DISTRICT
Standard Administrative Procedure
#1211.22: Duties of the Treasurer
Effective Date: 24 August, 2011 Review Date: August, 2014 Number
of Pages: 21.0 PURPOSE:
To set forth the duties and respon
sibilities ofthe District's Treasurer in addition to thoseset forth in the District By-Law
s.2.0 DUTIES and Responsibilities of the TREASURER:
2.1 Maintaining or supervising the maintaince, of all financial related records of the
District in a timely and accurate manner.
2.2 Make arrangements for the annual audit of the district's financial statements by a
qualified Certified Public Accounting firm.
2.3 Establish and ensure compliance with sound internal controls that are deemed
adequate within the confines of the District's resources.
2.4 Submit a report to the Board of Directors at the monthly Board meetings of the
financial status of the District in
cluding, but not limited to, a detailed listing ofexpenditures, a Balance Sheet and Operating Statement with appropriate comparisons to
the approved budget and prior year along with a discussion of any financial or other
concerns.
2.5 Assist in the prepreparaton of the District'
s annual operating budget.2.6 Ensure that all District financial assets are properly and adequately safeguarded.
2.7 Make recommendations to the Board regarding investments of District funds and any
needed borrowing or financing arrangements.
2.8 Maintain contact with appropriate banking and other financial organizations.
2.9 Any other duty as determined by the Board that would normally be attributable to the
function of Treasurer
.2.10 Assist the Board in maintaining compliance with all applicable Federal and State
laws and regulations
.1
3. Participation
3.1
The Treasurer has a responsibility to inform the Chairperson and the Department in atimely manner of any inability to be available for an future scheduled meeting or inability
to be available for any extended period for unscheduled District business
.3.2 The Treasurer has a responsibility to inform the Chairperson and the Department in
a timely manner of any loss or change in his/her typically used channel of communication
such as Email and telephone numbers.
2