Volume 172, Page 48 View pdf image (33K) |
48 MARYLAND MANUAL Treasurer. The Bureau renders payments for salaries, wages and cer- tain contractual obligations for all agencies of the State except the State Roads Commission and the University of Maryland. The Bureau compiles the payroll registers, maintains records of salary earnings and deductions for each employee of the State, issues a summary dis- tribution of charges by program and fund for each payroll, together with a disbursing warrant, and issues salary checks to State employees. It submits biweekly reports to the three State retirement systems: State Teachers', State Employees' and State Police. It also compiles quarterly reports for fourteen reporting units and submits them to the United States Department of Health, Welfare and Education—Social Security Division. The Central Payroll Bureau maintains an account for Federal Withholding Tax and at the end of each calendar year submits to each State employee a record of his total earnings and the amount withheld for Federal Tax, Social Security, and State Tax. Appropriations 1965 1966 General Funds .................................... $220,567 $232,537 Staff: 24. STATE TREASURER John A. Luetkemeyer, Treasurer, 1967 Edwin J. Schamel, Chief Deputy J. Hugh Taylor, Deputy G. H. Hulshoff, Deputy Alice P. Maynard, Deputy Post Office Box 666, Annapolis 21404 Telephone: 268-3371 1835 Maryland National Bank Building, Telephone: 727-5166 Baltimore 21202 Under the Constitution of 1776, there were two State Treasurers— the Treasurer of the Eastern Shore and the Treasurer of the Western Shore. In 1841 a constitutional amendment consolidated the two offices. The present constitution provides that the Treasurer shall be elected by joint ballot of both Houses of the General Assembly for a term of four years. The Treasurer is responsible for accounting for all deposits made each day by some one hundred and fifty (150) State Agencies in depositories designated and authorized by him. The Treasurer prepares all checks drawn for disbursement of State cash funds, and he and one of his Deputies signs these checks, which are then counter- signed by the Comptroller and one of his authorized Deputies. The Treasurer invests any unexpended or surplus funds in the State Treasury, representing both the general and special funds of the State, which are not currently required to meet State needs. He is the custodian of all stocks, bonds or other investments of the State, as well as securities which are pledged by Insurance Companies, foreign Building and Homestead Associations, and all collateral which is pledged by banks that have State Funds on deposit. He is also charged with the responsibility of placing insurance for all antici- pated losses which might occur to State property, and is the custodian of all insurance policies. The State Treasurer is also the depository for all the Deeds indicating property ownership of the State of Mary- land. He publishes a monthly balance in Baltimore City Newspapers, of all State Funds held in authorized depositories, and renders a quarterly report of cash receipts and cash disbursements to the Comp- troller of the Treasury. He is, by law, a member of the Board of Public |
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Volume 172, Page 48 View pdf image (33K) |
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