Gladys "Sue" Savage was elected in 2020. She is a member of the California Municipal Treasurers Association (CMTA), which is the professional society of active treasurers of California cities.
Duties and responsibilities:
Create monthly reports for city council and the citizens explaining Taxpayer Money Investments.
Develop Investment Strategies to keep taxpayer dollars safe, making sure there is enough money to pay the bills like police and fire and to earn interest on available funds.
Annually update Hemet's Investment Policy to comply with California law.
Manage Hemet relationships with investment advisors, brokers and custodial banks.
Additionally, the City Treasurer will:
Protect, preserve and maintain all investments and assets placed in trust with the Treasurer on behalf of the city;
Perform to the highest ideals of honor, integrity and objectivity in all public and professional relationships;
Function within existing legal guidelines;
Seek no personal advantage or gain as a result of the Treasurer position;
Perform Treasurer duties to enhance and reflect positively upon the City of Hemet.