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ID H0130

Bill

Status

Passed

3/24/2017

Primary Sponsor

Local Government Committee

Click for details

Origin

House of Representatives

2017 Regular Session

AI Summary

  • City treasurers must render monthly accounting reports to the city council within 60 days after month conclusion, stating financial condition and account balances.

  • Quarterly treasurer's reports made available on the city's website within 30 days of each quarter's conclusion satisfy publication requirements under Idaho Code Section 50-1011.

  • City councils must examine treasurer's accounts at least quarterly by reviewing the quarterly treasurer's report, with the report completed within 30 days after each calendar quarter and transmitted to the city clerk for the next council agenda.

  • Treasurers must file monthly reports with the governing board no later than the last business day of each month showing cash on hand, financial institutions where funds are deposited, and amounts in each institution as of the last day of the preceding month.

  • If a governing board finds a treasurer has willfully made false statements in monthly reports, the treasurer may be suspended or removed from office in accordance with applicable law.

Legislative Description

Amends existing law to revise the duties of city treasurers and to satisfy publication requirements; to revise provisions regarding the examination of accounts of fiscal officers; and to revise the contents of a treasurer's monthly report for public depository law purposes.

LOCAL GOVERNMENT FINANCES

Last Action

Reported Signed by Governor on March 24, 2017 Session Law Chapter 129 Effective: 07/01/2017

3/24/2017

Committee Referrals

Local Government and Taxation3/2/2017
Local Government2/10/2017

Full Bill Text

No bill text available