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Description of Duties
The Town Treasurer is responsible for the management of town funds. The Treasurer receives and distributes cash, invests available cash, issues and manages debt obligations, and manages bank relations. The Treasurer may in his/her own name and official capacity prosecute actions upon bonds, notes or other securities given to him/her. In addition, the treasurer manages tax title accounts and superintends tax foreclosure proceedings.
Tax Title
The treasurer's duties include taking custody of the tax deeds or instruments of taking and maintaining records on all properties in tax title. The treasurer should either collect the unpaid taxes or, at least six months after the taking, commence Land Court foreclosure proceedings. With certain properties, land of low value foreclosure proceedings may be initiated, but not less than 90 days after the tax lien has been recorded.
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