It provides a framework for municipal treasurers in improving performance through continuing education and become valued administrators in local government.
A professional certification provides a degree of confidence that practitioners are adequately trained, educated and experienced to be prepared for financial challenges in the real world.
Professional Experience and Training Requirement equivalent to employment as a Municipal Treasurer for 12.5 years, financial administrative position in local government or in corporate or private business for 25 years or a combination of several factors including board service on state and national treasury boards.
This officer is also responsible for banking, collections of user fees such as utility usage and business licenses, and communicating financial performance and forecasts to the community.
Treasury has multiple constituencies, with a responsibility to citizens, taxpayers and voters to deliver informed stewardship in the investment of public funds (taxes).
Additionally, treasury reporting must fund internal programs and fulfill budgetary requirements meeting expectations of governing city councils and boards of directors within approved financial policy guidelines.