Please join me in supporting Jim Rausch for state Senate.
Frank V. Sapareto
Support an appointed treasurer for Derry
To the editor:
We are respectfully asking Derry residents to support the charter change to have an appointed rather than an elected town treasurer. We both spoke in support of this charter amendment at the Town Council’s public hearing held on June 11, 2012. So, why do we support this change?
Over the years, the position of town treasurer has become more complex and the responsibilities have significantly increased. These require that the person holding the position be qualified by having an accounting education and background. The position involves much more than signing the checks each week for all town expenditures, which is a small part of the treasurer’s responsibilities. The position handles over $100 million dollars a year, is responsible for investing the town’s funds, managing multiple bank accounts, electronically signing off on multiple transactions weekly and maintaining a set of financial records apart from the town’s operating records. The treasurer must precisely follow specific RSAs that set forth the treasurer’s responsibilities, primarily RSA 41:29 - “Duties of Elected and Appointed Town Treasurers.”
By providing for an appointed town treasurer, the town can properly review the credentials of the people being considered for appointment and ensure that the treasurer is a highly qualified person to be entrusted with the town’s funds. Under the current charter provisions, an individual that is not qualified to undertake the treasurer’s responsibilities could run for and be elected to the position. The proposed change will ensure that the town continues to have a qualified person performing the treasurer’s duties.
We strongly urge you to support Charter Amendment 1 on the Sept. 11, 2012, Town of Derry ballot.
Thank you in advance for your support.