Description of Duties
The Town Treasurer is responsible for the following duties:
- Manages town funds
- Receives and distributes cash
- Invests available cash
- Issues and manages debt obligations
- Manages bank relations
- Manages tax title accounts
- Superintends tax foreclosure proceedings
The Treasurer may in his/her own name and official capacity prosecute actions upon bonds, notes or other securities given to him/her.
The Treasurer's duties also 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.