§ 46-37. Treasurer.

(a)

Office established; election; term. There is hereby created the office of treasurer of the fire department. The treasurer shall be elected by the members of the fire department at a meeting held on or before May 7 in each year, and he shall hold his office for the term of one year and until his successor is elected and qualified.

(b)

Oath; bond. The treasurer shall, before entering upon the duties of his office, take and subscribe to the oath prescribed by law for city officers, and shall execute a bond to the city with sureties to be approved by the mayor. The penal sum of the bond shall be equal to twice the amount of funds arising from the fire insurance tax in the treasury of the department at the time the treasurer takes office, plus twice the aggregate to be received on account of the fire insurance tax as provided by ordinance as estimated for the ensuing year.

(c)

Duties. It shall be the duty of the treasurer of the fire department to keep all monies received on account of fire insurance tax separate and apart from all other funds in his hands. The proceeds of the fire insurance tax shall be paid out only on warrants signed by the chief and secretary of the department and ordered by a majority at any vote of those present at a regular or special meeting of the department. Every such warrant shall state upon its face the purpose for which it is drawn. The treasurer shall make an annual report in detail of the receipts and expenditures of the funds arising from the fire insurance tax, which report shall be submitted to the city council on or before the third Monday of April in each year.

(Code 1996, § 4-1-4)

State law reference

Treasurer required, 65 ILCS 5/11-10-3.