Treasurer’s Office Recognized for Achieving Accreditation
The Portsmouth City Treasurer’s office received its accreditation from the Treasurers’ Association of Virginia (TAV) on June 20, 2023.
The Office Accreditation program is a voluntary professional certificate program overseen by the Treasurers’ Association of Virginia. Seventy-seven treasurer’s offices received accreditation this year.
While it is not required for any treasurer’s office to be accredited, receiving accreditation acknowledges that the office meets the statewide best practices for performance in treasury management.
As part of the accreditation process, offices must successfully pass an outside audit with no findings of material weakness.
The rigorous accreditation process also requires proof of continuing education such as attendance of an ethics course by the treasurer (or a principal officer) and educational requirements for all staff. Accredited offices are required to have written policies in place addressing areas such as personnel, customer service, and delinquent collections.
“These offices exemplify the highest standards of excellence and integrity measured by our association,” says Treasurers’ Association President Michael Stephens. “We are proud of the 77 offices which received accreditation this year and the hard work and dedication it took for each of them to achieve this special designation.”
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About the Treasurers’ Association The Treasurers’ Association has 180 active members across Virginia’s cities, counties, and towns. Their goal is to utilize education and networking to raise professionalism and fiscal leadership in Virginia’s Treasurers and their staffs. The Association hosts multiple classes and conferences to support its members and enable offices to stay current in practices and standards. Members adhere to a strict code of ethics and to the highest standards of performance as they seek to administer faithfully the funds entrusted to them by the citizens of Virginia. For more information visit www.vatreas.org.
- Online:www.portsmouthva.gov (24 hours)
- Phone:1-877-248-7615 (24 hours)
- Papaya Payments: Pay with a picture in seconds! Search Papaya Payments in the App Store.
- Portsmouth Connect: Download the Portsmouth Connect app to make a mobile payment.
- City Treasurer’s Office: Using the 24-hour Drop Boxes located at Columbia Street, next to City Hall and at the Churchland Branch, 4934 High Street West
- QR Code: Scan the QR code on your bill
- Mail to: Portsmouth City Treasurer
801 Crawford Street, Portsmouth, VA 23704
The Treasurer’s Office was established and is governed by the Constitution of Virginia.
Duties & Responsibilities
The range of the Treasurer's duties encompass the collection of state and local funds, the disbursement and investment of local funds, and the accounting of those funds.
The Treasurer is responsible for the receipt, deposit, investment, reconciliation, safekeeping, and disbursement of funds. The Treasurer is the Chief Investment Officer for the City, working with the Finance Department and the banking community for the highest and safest return on investments.
Mission StatementThe mission of the Treasurer's Office is to serve the public in a courteous and efficient manner in the performance of duties. All citizens are to be treated with respect and in a professional manner. Excellent customer service for all citizens is the standard.
~Paige D. Cherry