County Banking
Revenues transmitted from other sources, such as sales and use taxes from the State or grants received from the Federal government, are delivered directly to the Treasurer's office. The Treasurer maintains the County's bank accounts and invests any idle cash balances in secure investments that allow the County to make the best possible use of available cash resources. The Treasurer takes action to collect revenues that are due to the County including supervising the use of legal action that may be necessary to compel payment.
The Treasurer disburses funds in payment of claims against the County in compliance with the Code of Virginia and as budgeted, authorized and directed by the Board of Supervisors. The Treasurer must manage the County's available cash balances to ensure that adequate funds are on hand to pay claims as they come due.
Collection of Payments
The Treasurer collects and receives taxes and other payments due to the State of Virginia from local citizens. Such payments are reported and transmitted to the State Treasury on a regular basis. The State reimburses localities for a share of the Treasurer's compensation and the cost of the Office's staff and operating expenses.
The Treasurer reports on the finances of the County to the Board of Supervisors on a monthly basis.