The Lancaster County Treasurer has a range of duties which is unique in the commonwealth, and is elected to this office for a term of four years.
A fundamental duty is the receipt of county taxes. The real estate tax is the main source of revenue for county government. The county treasurer is responsible for collecting taxes on approximately 106,000 of the 189,000 taxable properties in Lancaster County.
Should a property owner fall behind in their regularly scheduled property tax payments, the Tax Claim Bureau within the Treasurer's Office will work with taxpayers to assist them in meeting their obligations.
The treasurer collects delinquent real estate taxes for the county, as well as for each municipality and school district within the county.
Another function of the county treasurer is to serve on the county Employee Retirement Board with the three commissioners and controller. The purpose of this retirement board is to invest member contributions in a fiscally prudent manner so that when employees retire, they will have a steady source of retirement income. There is approximately $250 million for which the board is responsible.
Investing County Receipts
The county treasurer is also responsible for investing county receipts in short to intermediate term investments until such funds are needed for general county operational costs or otherwise properly disbursed. This amount usually approximates $20 to $30 million, but can get as high as $60 to $70 million during brief periods of time.