FAQs
What are the primary responsibilities of the Treasurer?
The Treasurer is responsible for managing and safeguarding the union’s funds, ensuring that all financial transactions are properly recorded, and overseeing the disbursement of funds for authorized expenses. The Treasurer also reports on the union’s financial status to the membership and Executive Board.
Source: Bylaws, Article III, Section 1
How does the Treasurer work with the Financial Secretary?
The Treasurer and Financial Secretary collaborate to ensure all union funds are properly accounted for. While the Financial Secretary collects dues and assessments, the Treasurer ensures that funds are deposited, maintained, and disbursed in accordance with union bylaws and financial policies.
Source: Bylaws, Article VII, Sections 1 & 3
Does the Treasurer have any role in overseeing employer contributions or benefits?
The Treasurer is responsible for ensuring that all financial obligations, including employer contributions to union benefits, are properly tracked and accounted for. The Treasurer may also be involved in audits and financial reviews to confirm compliance with the Inside Wireman Agreement.
Source: Inside Wireman Agreement, Section 5.09
Overseer of Union Funds
The Treasurer oversees the financial operations of the Local Union, ensuring the proper management and allocation of funds. This role is vital in maintaining financial stability, preparing financial reports, and ensuring all transactions comply with union policies and procedures.