County Treasurer, Honorable David A. Betancourt, CIO
2014-2015 President of the County Treasurers Association
Duties of the Treasurer
of the State of Texas, states in Chapter 83, Chapters 111-117 and
Chapter 155 to provide for a County Treasurer and prescribe the duties
of the County Treasurer as Chief Custodian of County Finance. The
Cameron County Treasurer acts as the County's banker and is the chief
liaison between the County and the Depository Bank and is the County's
Basic duties include but are not limited to receiving,
investing, paying, applying and by law disbursing all monies belonging
to the County from whatever source derived. The County Treasurer
preserves the system of checks and balances within the financial
administration of county finances.
Banker of Cameron County Government working with Departments and public for receiving and disbursing funds, including general payment of County expenses, payments for Jury Duty, payments to Election Workers and County Payroll.
Investment Officer for Cameron County funds working with external brokers and banking community for highest and safest investment returns on Cameron County funds; insuring proper collateral for all Cameron County investments and funds; and proposes and oversees the Cameron County Investment Policy, in compliance with the Public Funds Investment Act of Texas.
Contract Administrator for the Cameron County Bank Depository, including negotiating of Contract and management of all facets of banking services for Cameron County.
Custodian of bail bond collateral.
The County Treasurer serves as Chairman of the Cameron County Investment Committee, as well as statutory member of the Cameron County Bail Bond Board.