Appointment, Qualifications, Compensation, Powers, Duties and Functions.
Section 155
SEC. 155. Appointment, Qualifications, Compensation, Powers, Duties and Functions.— (1) The municipal treasurer shall be appointed by the Minister of Finance upon recommendation of the municipal mayor, subject to civil service law, rules and regulations. He shall take charge of the municipal treasury office and acts as the chief financial officer of the municipality. (2) No person shall be appointed municipal treasurer unless he is a citizen of the Philippines, of good moral character, at least twenty-three years of age, a holder of a degree preferably in law, commerce, public administration or any other related course from a recognized college or university, a first grade civil service eligible or its equivalent, and has at least three years experience in the treasury or accounting service. The qualifications herein prescribed shall not be required of incumbent municipal treasurers: Provided, however, That an incumbent municipal treasurer may not be promoted unless he shall have completed at least two years of college education and has the required experience in treasury or accounting work herein specified. (3) The municipal treasurer shall receive such compensation, allowances and other emoluments as may be provided by law or ordinance; (4) The municipal treasurer shall: (a) Collect all monies and revenues accruing to the municipality and issue proper receipts therefor showing the date, the amount paid, the name of the person making the payment and the amount upon which it is paid; (b) Disburse all municipal funds and other funds entrusted to him by law or by competent authority, in accordance with duly authorized appropriations and upon properly executed vouchers bearing the approval of the proper authorities; (c) Submit to the municipal mayor certified statements of actual and estimated income in connection with, the preparation of annual and supplemental budgets of the municipality; (d) Advise the sangguniang bayan and other municipal officials concerned on the disposition of municipal funds and on all municipal fiscal matters; (e) For taxation purposes inspect, under the supervision of the sangguniang bayan, the operation of public utilities belonging to, leased or operated by, the municipal government and all other commercial and industrial enterprises of the municipality; (f) Deposit all funds accruing to the municipality with the provincial treasurer concerned, who in turn shall deposit the same with duly designated banks, and whenever any excess or idle portion thereof is placed in time deposit or other investment accounts, interest earnings from these deposits shall accrue solely to the municipality: Provided, however, That in proper cases, the Minister of Finance may authorize the municipality to deposit its funds with the nearest provincial or city treasury or banks, when there is a duly authorized depository bank in the municipality, or when public interest so requires; (g) Certify jointly with the barangay treasurers to the collectibility of the estimated tax receipts and income of the barangay governments for the ensuing calendar year; (h) On or before the twentieth day of each month, furnish the mayor and the sangguniang bayan a statement of the appropriations, actual expenditure and balance of all funds and accounts as of the last day of the preceding month; (i) Approve the registration of large cattle; (j) Perform, as deputy of the provincial treasurer in the municipality, such other duties not inconsistent with law as the provincial treasurer may assign to him; (k) Keep a detailed account of all monies received and pay or dispose of the same pursuant to lawful authority; (l) Charge, at rates to be fixed by the sangguniang bayan, fees for public services and supplies made available by his office to private parties; and (m) Exercise such other powers and perform such other duties and functions as may be prescribed by law or ordinance.