S200 Eliminate Treasurers and appoint....
First Question - Who appoints? Who Supervises? Who is bonded? Who is
Responsible if money disappears?
We are post-Enron here! Do the sponsors understand that outside Audits are
a function of "Generally Accepted Accounting Practices" which look for
things the big account rule-making boards think should be looked for and do
not necessarily look at/for the things which normal people and taxpayers
might assume are examined.
Can't help wondering where this bill is coming from.
----- Original Message -----
From: "Paulette Lafond" <[log in to unmask]>
To: <[log in to unmask]>
Sent: Thursday, January 15, 2004 11:48 AM
Subject: FW: Legislation
> From: John Cushing
> Sent: Thursday, January 15, 2004 11:34 AM
> To: Paulette Lafond
> Subject: FW: Legislation
> From: John Cushing
> Sent: Thursday, January 15, 2004 9:45 AM
> To: MUNINET ([log in to unmask])
> Subject: Legislation
> The Legislative Committee is tracking approximately 20 bills that have
> been introduced in the House and Senate at this time.
> The House Local Government Committee is currently taking testimony on
> H31 - Short Form Mortgage. It is my belief that they intend to act on
> this and send it out of the committee. I have been asked to get input
> from the clerks on how you feel we should charge for the short form
> mortgage. I believe that a template or master mortgage would be recorded
> once and then a short form that would refer to this template or master
> would be used after. Some examples of fees might be:
> Flat fee for the master and a flat fee for the short form.
> Flat fee no matter how many pages.
> Flat fee or percentage based on the amount of the mortgage.
> Flat fee for mortgage and a per page fee for the short form.
> I need to know your input on this so that I can report back to the
> committee. Many states are now charging a flat fee or document fee.
> One suggestion that I have is an $80 flat fee for any mortgage deed up
> to 6 pages and $7 per page for any additional page. If you receive a 1
> page short form mortgage you would collect $80.00. If they still wish to
> file a 16 page mortgage than you would receive $150.00. My reasoning for
> this suggestion is that it would be to their advantage to file a short
> form mortgage which I believe we agree is also to our advantage as well.
> I suspect that because of this we will no longer see 16 and 18 page
> mortgages. By going to a flat rate fee of $80 there would be an
> additional source of revenue to help offset some of the revenue lost by
> no longer filing the long form mortgage. I hope that you understand this
> is only a suggestion, I need to hear from you and your representatives
> need to hear from you but we need to come to some consensus on this
> The second largest issue in the Local Government Committee is the Summer
> Study Committee's report on the creation of a Municipal Land Records
> Commission. I believe that the Local Government Committee will be trying
> to get this out early February and it appears that we have good support
> with this committee. The purpose of this Bill will be to establish the
> Vermont Land Record's Commission to study and submit by January 15, 2006
> a report addressing long term managerial issues associated with the land
> records. This commission would stay in affect until 2010 - hopefully,
> long enough to implement what the General Assembly will adopt once the
> report is submitted. Local Government would like to hold a Public
> Hearing and have inquired as to the best time for Clerks to participate
> - 4th or 5th of February morning 10:00 am - 12:00 pm or afternoon 3:00
> pm - 5:00 pm.
> Other bills of interest in the House include H547 - this bill proposes
> to exempt from public disclosure social security numbers and other
> governmental assigned personal identification numbers. H549 - this bill
> proposes town clerks to keep general indices in an approved electronic
> or digital format. H524 - this bill proposes to replace the word
> 'photocopy' with the word 'copy' and extend the Restoration Fund to
> For Treasurers - H540 - this bill proposes to make technical amendments
> to the education finace laws necessary for implementation -- you should
> read it because it will definitely affect the Treasurer's Office. Senate
> Bill 200 - this bill proposes to authorize a town to eliminate the
> office of town treasurer and in lieu thereof to appoint a qualified
> individual, partnership, firm or corporation to perform the duties of
> the town treasurer.
> In closing, the Legislative Committee needs your input. It is very
> difficult to represent your feelings unless we know your feelings. If
> you are not comfortable with putting them out on Muninet, please send to
> me directly at [log in to unmask]
> <mailto:[log in to unmask]> or call me at 893-4111. John