Madison, WI Header
File #: 54147    Version: Name: Transfer City Treasurer functions to the Finance Director
Type: Charter Ordinance Status: Passed
File created: 12/14/2018 In control: Attorney's Office/Approval Group
On agenda: 3/5/2019 Final action: 3/5/2019
Enactment date: 7/1/2019 Enactment #: CHA-19-00001
Title: SUBSTITUTE CHARTER - Amending Section 3.055 of the Madison General Ordinances to transfer the functions of the City Treasurer to the Finance Director Department.
Sponsors: Paul R. Soglin, Michael E. Verveer
Attachments: 1. 2/26/19 Finance Director CCEC Presentation on Treasurer.pdf, 2. 54147 - Version 1.pdf
Fiscal Note
The 2019 Adopted Budget approved transferring the City’s treasury function from a standalone agency to a service within the Finance Department. Under this newly approved structure, the duties previously performed by the City Treasurer will now be performed by the Finance Director Department. The responsibilities of the City Treasurer will be performed by through a newly created Treasury and Revenue Manager that will report to the Finance Director. There is no fiscal impact associated with this change.

Title
SUBSTITUTE CHARTER - Amending Section 3.055 of the Madison General Ordinances to transfer the functions of the City Treasurer to the Finance Director Department.
Body
DRAFTER'S ANALYSIS: This is a related ordinance to Legistar No. 54146, to transfer the functions of the City Treasurer to the Finance Director. A separate ordinance is needed because this section was adopted as a Charter Ordinance. By this ordinance, the remaining provisions of Sec. 3.055 will become a standard ordinance and will not require a Charter Ordinance for future amendment.

These changes are all to be effective July 1, 2019.

If adopted, the Charter provisions of this ordinance shall take effect 60 days from the date of passage and publication, subject to the referendum procedures of Wis. Stat. § 66.0101(5).

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The Common Council of the City of Madison do hereby ordain as follows:

1. Sec. 3.055 entitled “City Treasurer” of the Madison General Ordinances is amended to read:

“3.055 CITY TREASURER FUNCTIONS TRANSFERRED TO FINANCE DEPARTMENT.
(1) The office of functions and duties of the City Treasurer, as provided in Wis. Stat. §62.09(9), is are hereby transferred to the Finance Department .established to perform the duties of the Treasurer as provided as in Wis. Stat. § 62.09(9). The Finance Director shall manage and supervise the City Treasurer functions shall be appointed by the ...

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