What does the treasurer do?

The Treasurer manages the money of one of the 49 out of 50 USA. Texas, however, has no state treasurer - a position that manages the state's finances, is called component public accounts. The state treasurer's office is elected by state voters every four years in some countries and the governor is appointed part of his cabinet in others. Usually it is a person who makes the final decisions on all matters related to assets, state expenditure and budget assignment. His position usually includes advisors who provide him with instructions and advice on all fiscal matters. He usually manages an account that invests money in the interests of State and the local government. Other commissions and advice on which they usually serve include rays related to a public retirement and health employee. It is common for these funds to invest regularly and sell to the increase in cash registers. In some countries, these investments in funds reflect some of the largest shareholders in the country.

Public work projects usually require a large piece of state money. Most businesses focus on environmental efforts, public parks and nature conservation, highway systems, public schools and state universities and universities. Treasurer is usually a person who permits funds for each project. In general, it is obliged to carefully analyze the needs of each region and the city to fairly distract money throughout the state.

profitable and non -profit companies often seek financial assistance to the state in the form of deceased loans for new projects or upgrades to existing ones. The Treasurer normally chairs the committees to review these applications and often have the final power of approval. The most frequently reviewed applications usually come from medical facilities, owners of small enterprises and business support groups; Applications also come from groups such as low -income housing and student financing institutionsloan.

success in this position usually requires professional budget management skills. Knowledge of investment and return rate is generally considered as an asset for the state treasurer. Empathy and understanding of the needs of all socio -economic groups are usually considered to be a benefit to this position.

educational requirements differ from the state. Most candidates or candidates have at least a bachelor's degree in finance, business administration or political science. High background in public accounting or public administration is also desirable for these candidates for employment.