(a) (1) A municipal treasurer, whether elected or appointed, shall complete eight (8) hours of training provided by the Arkansas Municipal League in cooperation with Arkansas Legislative Audit.(2) (A) A newly elected or appointed municipal treasurer shall complete the training required under this subsection within one hundred eighty (180) days of taking office.(B) If the municipal treasurer fails to obtain the required training under this subsection within one hundred eighty (180) days of taking office, the municipality is in noncompliance with this chapter until the municipal treasurer completes the training.
(1) A municipal treasurer, whether elected or appointed, shall complete eight (8) hours of training provided by the Arkansas Municipal League in cooperation with Arkansas Legislative Audit.
(2) (A) A newly elected or appointed municipal treasurer shall complete the training required under this subsection within one hundred eighty (180) days of taking office.(B) If the municipal treasurer fails to obtain the required training under this subsection within one hundred eighty (180) days of taking office, the municipality is in noncompliance with this chapter until the municipal treasurer completes the training.
(A) A newly elected or appointed municipal treasurer shall complete the training required under this subsection within one hundred eighty (180) days of taking office.
(B) If the municipal treasurer fails to obtain the required training under this subsection within one hundred eighty (180) days of taking office, the municipality is in noncompliance with this chapter until the municipal treasurer completes the training.
(b) (1) The curriculum for the mandatory training under subsection (a) of this section shall be established by the Arkansas Municipal League in cooperation with Arkansas Legislative Audit.(2) The curriculum for the mandatory training under subsection (a) of this section shall provide at least eight (8) hours of training.
(1) The curriculum for the mandatory training under subsection (a) of this section shall be established by the Arkansas Municipal League in cooperation with Arkansas Legislative Audit.
(2) The curriculum for the mandatory training under subsection (a) of this section shall provide at least eight (8) hours of training.
(c) Each municipal treasurer of this state or the designated representative that has been approved by the governing body shall submit a monthly financial report to the council or board of directors.
(d) (1) Municipal treasurers shall maintain the accounting records prescribed in this chapter and perform other duties that may be prescribed by ordinance.(2) (A) (i) If the municipal treasurer does not comply with this chapter or requests that specific duties be assigned to another employee or contracting entity, the governing body of a municipality may assign specific duties outlined in this chapter to another employee, or it may contract for the services to be performed by a private, qualified person or entity.(ii) As used in this subdivision (d)(2)(A), “private, qualified person” means a person who, at minimum, is a resident of Arkansas and has:(a) Previous experience in government or municipal accounting in Arkansas; or(b) Received the training under subsection (a) of this section.(iii) Any other employee or private person contracted with by the municipality to take on specific duties outlined in this chapter shall obtain the training required under subsection (a) of this section within one hundred eighty (180) days of taking on the duties assigned.(iv) (a) (1) Before the governing body of a municipality assigns or contracts with a private, qualified person or entity for the disbursing of funds, the governing body of a municipality shall establish by ordinance a method that provides for internal accounting controls and documentation for audit and accounting purposes.(2) The municipal treasurer shall approve the disbursement of funds before the private, qualified person or entity disburses the funds.(b) The governing body of a municipality shall ensure that the private, qualified person or entity is adequately insured and bonded and conforms to best practices and standards in the industry.(B) (i) The governing body of a municipality may not assign duties relating to the collecting of funds to anyone other than an employee of the municipality.(ii) The governing body of a municipality may assign or contract with a private, qualified person or entity for the duties relating to the disbursing of funds for payroll, bonded debt, or construction projects funded with bond proceeds.
(1) Municipal treasurers shall maintain the accounting records prescribed in this chapter and perform other duties that may be prescribed by ordinance.
(2) (A) (i) If the municipal treasurer does not comply with this chapter or requests that specific duties be assigned to another employee or contracting entity, the governing body of a municipality may assign specific duties outlined in this chapter to another employee, or it may contract for the services to be performed by a private, qualified person or entity.(ii) As used in this subdivision (d)(2)(A), “private, qualified person” means a person who, at minimum, is a resident of Arkansas and has:(a) Previous experience in government or municipal accounting in Arkansas; or(b) Received the training under subsection (a) of this section.(iii) Any other employee or private person contracted with by the municipality to take on specific duties outlined in this chapter shall obtain the training required under subsection (a) of this section within one hundred eighty (180) days of taking on the duties assigned.(iv) (a) (1) Before the governing body of a municipality assigns or contracts with a private, qualified person or entity for the disbursing of funds, the governing body of a municipality shall establish by ordinance a method that provides for internal accounting controls and documentation for audit and accounting purposes.(2) The municipal treasurer shall approve the disbursement of funds before the private, qualified person or entity disburses the funds.(b) The governing body of a municipality shall ensure that the private, qualified person or entity is adequately insured and bonded and conforms to best practices and standards in the industry.(B) (i) The governing body of a municipality may not assign duties relating to the collecting of funds to anyone other than an employee of the municipality.(ii) The governing body of a municipality may assign or contract with a private, qualified person or entity for the duties relating to the disbursing of funds for payroll, bonded debt, or construction projects funded with bond proceeds.
(A) (i) If the municipal treasurer does not comply with this chapter or requests that specific duties be assigned to another employee or contracting entity, the governing body of a municipality may assign specific duties outlined in this chapter to another employee, or it may contract for the services to be performed by a private, qualified person or entity.(ii) As used in this subdivision (d)(2)(A), “private, qualified person” means a person who, at minimum, is a resident of Arkansas and has:(a) Previous experience in government or municipal accounting in Arkansas; or(b) Received the training under subsection (a) of this section.(iii) Any other employee or private person contracted with by the municipality to take on specific duties outlined in this chapter shall obtain the training required under subsection (a) of this section within one hundred eighty (180) days of taking on the duties assigned.(iv) (a) (1) Before the governing body of a municipality assigns or contracts with a private, qualified person or entity for the disbursing of funds, the governing body of a municipality shall establish by ordinance a method that provides for internal accounting controls and documentation for audit and accounting purposes.(2) The municipal treasurer shall approve the disbursement of funds before the private, qualified person or entity disburses the funds.(b) The governing body of a municipality shall ensure that the private, qualified person or entity is adequately insured and bonded and conforms to best practices and standards in the industry.
(i) If the municipal treasurer does not comply with this chapter or requests that specific duties be assigned to another employee or contracting entity, the governing body of a municipality may assign specific duties outlined in this chapter to another employee, or it may contract for the services to be performed by a private, qualified person or entity.
(ii) As used in this subdivision (d)(2)(A), “private, qualified person” means a person who, at minimum, is a resident of Arkansas and has:(a) Previous experience in government or municipal accounting in Arkansas; or(b) Received the training under subsection (a) of this section.
(a) Previous experience in government or municipal accounting in Arkansas; or
(b) Received the training under subsection (a) of this section.
(iii) Any other employee or private person contracted with by the municipality to take on specific duties outlined in this chapter shall obtain the training required under subsection (a) of this section within one hundred eighty (180) days of taking on the duties assigned.
(iv) (a) (1) Before the governing body of a municipality assigns or contracts with a private, qualified person or entity for the disbursing of funds, the governing body of a municipality shall establish by ordinance a method that provides for internal accounting controls and documentation for audit and accounting purposes.(2) The municipal treasurer shall approve the disbursement of funds before the private, qualified person or entity disburses the funds.(b) The governing body of a municipality shall ensure that the private, qualified person or entity is adequately insured and bonded and conforms to best practices and standards in the industry.
(a) (1) Before the governing body of a municipality assigns or contracts with a private, qualified person or entity for the disbursing of funds, the governing body of a municipality shall establish by ordinance a method that provides for internal accounting controls and documentation for audit and accounting purposes.(2) The municipal treasurer shall approve the disbursement of funds before the private, qualified person or entity disburses the funds.
(1) Before the governing body of a municipality assigns or contracts with a private, qualified person or entity for the disbursing of funds, the governing body of a municipality shall establish by ordinance a method that provides for internal accounting controls and documentation for audit and accounting purposes.
(2) The municipal treasurer shall approve the disbursement of funds before the private, qualified person or entity disburses the funds.
(b) The governing body of a municipality shall ensure that the private, qualified person or entity is adequately insured and bonded and conforms to best practices and standards in the industry.
(B) (i) The governing body of a municipality may not assign duties relating to the collecting of funds to anyone other than an employee of the municipality.(ii) The governing body of a municipality may assign or contract with a private, qualified person or entity for the duties relating to the disbursing of funds for payroll, bonded debt, or construction projects funded with bond proceeds.
(i) The governing body of a municipality may not assign duties relating to the collecting of funds to anyone other than an employee of the municipality.
(ii) The governing body of a municipality may assign or contract with a private, qualified person or entity for the duties relating to the disbursing of funds for payroll, bonded debt, or construction projects funded with bond proceeds.