What responsibilities does a high school treasurer have?

I'm thinking about running for treasurer in our student council. Can someone explain what the main duties of a treasurer are in a school setting? Like, what am I responsible for if I get the position?

A treasurer's role in a high school student council can be quite important, depending on how your school operates. While the specific responsibilities could vary from school to school, some general roles are usually associated with the position.

Keeping Track of Funds: The treasurer is usually responsible for keeping an accurate record of all the funds from the club or student council. This includes money raised from fundraisers, donations, annual fees, and any other source of income.

Budget Management: It's typically the treasurer's responsibility to help create and manage the budget for student council activities. This involves carefully recording all income and expenses, and making sure that the council stays within its budget limits.

Financial Reporting: Another key role of the treasurer is to report on the financial status of the council at meetings. This involves sharing the budget status, any significant expenditures, and income that the council has received.

Handling Transactions: In some cases, the treasurer directly handles transactions, like collecting dues or paying for services or goods used in council activities. This could also entail keeping receipts, invoices, and other financial documentation in an organized manner.

Fundraising: Some treasurers also participate in, or even lead, the planning and execution of fundraising events. You may contribute ideas for increasing revenues and managing the financial part of the fundraising process.

Remember, the specific responsibilities depend on your school's student council constitution or rules of operation, so it might be good to let us know your school's specific requirements. But generally, these are the tasks that you would be responsible for as a treasurer. Being a treasurer can be a lot of work, but it's also a great way to learn about and gain experience in financial management.