City Treasurer

As a statutory City, Salida first conforms to the generic governing laws required by the State of Colorado.  Specifically, "…the City Treasurer shall perform those functions as set forth in C.R.S. § 31-4-111 and C.R.S. § 31-20-301 through § 31-20-307, as amended, and as may be prescribed by City ordinance from time to time.”

Layered on top of the state statutes, Chapter 2, Article III – City Administration of the Salida Municipal Code describes the role of the Officers of the City.  Sec. 2-3-50. - City Treasurer details the process of elections, duties and compensation for the City Treasurer.  This office is an elected position for four years and has no voting power in the City Council meetings.

A summary of those duties as currently interpreted by the Treasurer and Salida City Council includes the following:

Duties of the City Treasurer

• Review and report to the City Council all monthly, quarterly and annual financial statements prepared by City staff.
• Given its current role as the primary driver of City revenues, monitor and report monthly to City Council on Salida City and County-share of sales tax collections.
• Serve as the chairperson of the City's Finance Committee; coordinating the activities of the Finance Committee, including monitoring investment performance, the preparation and implementation of the City's Annual Budget and the Annual Audit.
• Review and report revenues and expenditures of the City, including budget vs. actual performance, revenue trends, economic analyses and trends, and progress reports on scheduled activities.
• Attend all City Council work sessions, regular meetings and annual retreats. Be recognized, as needed on matters of financial importance to the City. 

To be eligible for the City Treasurer position, candidates must:

• Be at least 18 years of age
• Be a registered elector of the City
• Reside in the City for a minimum of twelve months prior to election