401 Market St.
The County Treasurer is the disbursement officer of the county and is responsible for the custody and disbursement of funds to the county, school districts, cities, rural fire districts, and improvement districts. The Treasurer receives property taxes from the tax collector, county sales tax collections, state turn back funds, grant funds, fees and fines from other county officials and departments, and revenues from various other sources. The Treasurer, after receiving this revenue, distributes the money to the various taxing entities and the other units of the county.
The Treasurer maintains collateralization of county funds held from FDIC limits and invests funds to maximize interest returns for the county. The Treasurer reconciles bank statements monthly but ensures daily balances are correct between the treasurer's account ledger and banking ledger.
After the County Clerk's office prepares documentation and files it, the Treasurer signs checks to pay employees and creditors of the county.
The Treasurer assists with the annual budget process by projecting revenues for the upcoming year.
The Treasurer must keep an accurate and detailed account of all receipts and disbursements of the county (ACA 14-15-807). The Treasurer is required to make a monthly financial report to the Quorum Court on the fiscal condition of the county (ACA 14-20-105).