As required by K.S.A. 12-1226, the treasurer shall be bonded in an amount fixed by the Board, approved by the governing body of the municipality, and filed with the clerk of the municipality.
Surety Bond--A Treasurer surety bond is a type of public official surety bond required of the person holding the treasurer office. Treasurer surety bonds help guarantee the public that the treasurer will honestly and faithfully perform their duties of their elected or appointed office.
The treasurer shall keep an accurate record of all moneys received and disbursed. The treasurer shall pay out funds on orders of the board signed by the secretary and chairperson. The treasurer along with the librarian shall make monthly reports to the Board showing:
- a list of current monthly expenditure
- year-to-date expenditure-to-budget comparison
- a list of current monthly income
- year-to-date income-to-budget comparison
The treasurer does NOT sign checks. The President and Secretary of the board sign checks.
