Duties of a "Treasurer": excerpt from CAI Press

To contact us Click HERE



According to the Community Association Institute... in general, these are the duties of a Community Association TREASURER:"The Treasurer is:o   The Financial Voice of the Communityo   The Board’s liaison to the Association’s AuditorThe Treasurer should:a.       Monitor the progress of the Annual Auditb.      Make sure Tax Returns are Filed On Timec.       Implement a Reserve Study Program based on an Engineering Studyd.      Make sure the Reserves are Adequately Fundede.      Insure the Implementation of an Annual Operating Budgetf.        Implement Safeguards to Protect the Association’s Assets"