California Municipal Treasurers Association
| Abbreviation | CMTA |
|---|---|
| Formation | 1959 |
| Legal status | Association |
| Purpose | Government Treasury in California |
| Location |
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Membership
|
Municipal Finance Directors and Treasurers |
|
Officers:
|
President: Michelle Durgy, CCMT, Chief Investment Officer San Diego County President-Elect: Pamela Arends-King, CCMT, Finance Director City of Tustin Vice President: Cass Cook, Finance/Budget Manager City of Dinuaba Secretary: Mike Whitehead, Administrative Services Director/City Treasurer City of Rolling Hills Treasurer: Tracey Lovely , Investment Analyst, City of Richmond |
| Affiliations |
  Association of Public Treasurers of the United States and Canada (APTUSC) |
| Website | http://www.cmta.org |
California Municipal Treasurers Association (CMTA) is the professional society of active public treasurers of California counties, cities, and special districts. It sets ethical standards for the treasury profession in state and local government in California.
The treasurer of a public agency is elected by the voting public or are appointed staff. Public treasurers are primarily responsible for managing the revenue and cash flow of the agency. This officer is also responsible for banking, collections of user fees such as utility usage and business licenses, and communicating financial performance and forecasts to the community.
Members are treasurers of municipalities and other local government agencies, whether elected or appointed, having responsibility for collection, receipt, reporting, custody, investment or disbursement of municipal funds. Municipal funding sources are commonly property tax, sales tax, income tax, utility users tax (UUT), transient occupancy tax (hotel occupancy), and user fees such as licensing and permit fees.
John Chiang is the California State Treasurer. There are 480 California cities, 58 California counties about 3,400 special districts and school districts, each with independent fiscal stewardship. Many city treasurers are elected, and are therefore directly accountable to their constituents; the remainder are appointed either by city council or city manager.
CMTA offers a Certified California Municipal Treasurer (CCMT) certification program, launched in 1978. CCMT is a professional post-nominal awarded to a public treasurer who meets standards of education, experience and a stated commitment to a code of ethics. CCMT candidates must meet or exceed requirements in two areas; 50% educational standards and 50% experience and training requirements. Certification is also designed as a guide for municipal treasurers to become valued administrators in local government.
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