DEPARTMENT OF TREASURY AND ADMINISTRATION
DEPARTMENT OF TREASURY AND ADMINISTRATION
The Department of Treasury and Administration shall have the duties set forth in
the Financial Organization and Management Act of 1987, as amended. Without
limitations, such duties and responsibilities include the receipt, custody,
accounting and disbursement of funds; the collection of taxes and revenues, the
acquisition, control and disposal of property; the investment and the management
of investment of public funds; and advising the Governor and other officials on
financial matters. In addition, the Department shall be responsible for
planning, organizing, directing, coordinating and monitoring all programs
concerning: Personal management; manpower development and training; and
administration of the Public Service System. The Department shall have the
following divisions, each administered by a division chief:
Division of Finance.
Division of Finance shall have the following functions and responsibilities:
and Maintain strict accounting of all public funds;
and Maintain bank reconciliation and function as a depository of all funds and
revenues received collected and administered by Pohnpei Government.
process all payroll checks and other disbursements of public funds, and related
functions; maintain reconciliation of the general funds and all special funds;
and ensure the availability of funds and the timely payment of, and compliance
with all State Financial obligations; and
and maintain automated data processing for the purpose of making data entries,
preparing and issuing computer generated status reports, reconciling and
verifying the financial System, and all other related functions.
and, as assigned by the Governor, manage all State financial investments;
assists the Governor in the financial aspects of the negotiation of the sale or
other disposition of State Government assets and investments.
advise the Governor on all State Government financial deposits and investments
to maximize investment and interest income to the State while complying strictly
with all applicable security restrictions or other lawful conventions or
Procurement and Property Maintenance.
Procurement policies and procedures are followed;
Monitor the tangible personal property and fixtures of Pohnpei government and
conduct periodic inventory of such property;
the preparation of purchase-orders or bid documents, when appropriate.
The Division of Revenue and Taxation
Division of Revenue and Taxation shall have the following functions and
Pohnpei’s laws, rules and regulations concerning taxes and other levies,
including the development, administration, amendment and enforcement of such
regulations, rules and procedures as authorized by laws;
implement tax and revenue audit programs, conduct periodic assessment of
taxpayer’s tax report, and implement field audits as necessary; and
periodic reviews of Pohnpei’s tax and revenue laws and recommend any proposed
changes to such laws based on experience and changing circumstances.
Personnel, Labor and Manpower Development
Division of Personnel, Labor and Manpower Development shall have the following
Labor and Manpower Development
duties and functions of the Pohnpei Apprenticeship Program Act of 1990, the
Pohnpei Wage of Hour Law of 1991, and the Pohnpei Residents Employment Act, and
as amended or supersede;
priority, plan, organize, coordinate and monitor programs to promote the
development to all levels of proficiency of vocational and manpower skills in
post-secondary new-job seekers and of existing workers in private business;
discharge these responsibilities in close coordination with the Division of
Personnel, labor and Manpower Development;
Skills Development of the Department of Education; and
an Employment coordination service to bring together employers needing workers
and potential employees including, but not limited to administering the Job
Training Partnership Act Program.
the Pohnpei Public Service System and contract employees, and serves as the
State’s contracting officer;
administer staff housing;
health insurance, life insurance and workmen’s compensation coverage; and the
administer leaves, retirement plans and all other benefits that may be available
to the employees of Pohnpei government;
technical and advisory assistance to the Executive Branch on all personnel
and maintain any employee relations programs and practices.
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