What is the role of the Treasurer?

Under the Local Governance Act of New Brunswick, the Treasurer has the following responsibilities:

  • Custodian of local government funds (collects and receives all money of the local government)
  • Custodian of all local government financial statements
  • Manages all bank accounts
  • Prepares periodic and detailed statements/reports on municipal finances
  • Provides advice on finances and accounting practises
  • Keeps Council apprised of all matters relating to the fiscal health of the local government
  • Handles insurance