Search results
Results from the WOW.Com Content Network
The municipal treasurer is a position of responsibility for a municipality according to the locally prevailing laws. 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 ...
The clerk is a citywide elected office, and is one of three city-wide elected officials in the City of Chicago, along with the Mayor and the Treasurer. The current city clerk is Anna Valencia. One former city clerk is more famous for his non-political activities: The late Baseball Hall of Famer Cap Anson served one term from 1905-1907.
The treasurer must file regular reports with the president of the Cook County Board of Commissioners providing summary of the financial status of their office. [1] The treasurer also, per state law, oversees the process of refunding overpayment of taxes. [1] As of 2022, the salary paid to the elected Cook County Treasurer is $115,500. [3]
For premium support please call: 800-290-4726 more ways to reach us
Municipal funding sources are commonly property tax, sales tax, income tax, utility users tax (UUT), transient occupancy tax (hotel occupancy), and user fees such as licensing and permit fees. Many Treasurers are elected, and are therefore directly accountable to their constituents; the remainder are appointed either by City Council or City ...
The Treasurer is charged by Article V, Section 18 of the Illinois Constitution with the safekeeping and investment of the monies and securities deposited into the state treasury. [3] As such, the Treasurer is not the chief financial officer of Illinois. That role is occupied by a separate elected official, the Comptroller.
Generally speaking, the mayor and city departments comprise the executive branch of the city government, and the city council comprises the legislative branch. [3] However, the mayor does have some formal legislative functions such as being the presiding officer of the council and being able to break tie votes, and informally has dominated legislative activity since the late 19th century.
Stephanie D. Neely was the Treasurer of the City of Chicago, Illinois. She was appointed as Treasurer for the City of Chicago in October 2006, and was sworn in December 2006. [1] Neely was reelected to a second term in February 2011. [2] Neely resigned to return to the private sector on November 30, 2014. [3]