City Treasurer to Step Down from Office

William Powell, who was reelected in 2011, will resign his position later this month, Alderman Carlo Colosimo announced Tuesday night.

Yorkville Treasurer William Powell plans to resign his position later this month.

Alderman Carlo Colosimo announced the intentions of Powell, who was reelected in 2011, Tuesday night. Powell did not attend Tuesday's council meeting.

Powell's decision was made after council supported a referendum on the April ballot which will determine if the position of treasurer and city clerk should be elected or appointed.

As treasurer, Powell's primary responsibility is to maintain the city checkbook and ensure bills are paid. Developing and tracking the city budget are responsibilities of city staff, including City Administrator Bart Olson.

Last month Powell told council members it is not necessary for the position to be filled by an elected official. He said city aldermen should appoint someone who is qualified to oversee the city's finances.

Colosimo said it is likely the intention of Mayor Gary Golinski to leave the position vacant until the April referendum. Olson said a staff employee will likely be appointed deputy treasurer to carry out the duties of the office until a new treasurer takes over. 

Powell's current term does not expire until 2014.


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