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The Jefferson County Treasurer is an elected official who must be a qualified elector of the state of Colorado and a Jefferson County resident for at least one year before being elected. The Jefferson County Board of County Commissioners appropriates the treasurer's office budget.
All treasurer’s office activities are specifically mandated by the Colorado Constitution and state statutes.
See the glossary of terms used within the Treasurer’s office.
The Jefferson County Treasurer serves as the banker for the county and is responsible for receiving and depositing all county revenues, including property taxes. The treasurer is also responsible for investing and safeguarding these funds per state statute until they are disbursed for county expenditures and purchases.
The treasurer invests certain county funds until they are needed to pay obligations. The general guidelines for selecting investments involve safety, liquidity and earnings.
To assure safety, the county has adopted investment restrictions and procedures, which are more conservative and stringent than state statutes require. Deposits held in banks are collateralized in excess of FDIC insurance levels.
The county maintains liquidity by investing primarily in bonds issued by the U.S. Treasury and other federal agencies. The county's portfolio is highly liquid and emphasis is placed on accurately planning to match expenditures.
Given the restrictions of safety and liquidity, the county maximizes earnings through sophisticated institution investing techniques and minimizes the costs of banking and safekeeping.
100 Jefferson County Parkway Golden, Colorado 80419 (303) 279-6511
© 2013-2015 Jefferson County, CO.