City Treasurer

Sign Hill

The City Treasurer is charged with investing City funds to achieve the maximum return on deposits, producing monthly reports to identify amounts and types of investment instruments, arranging payments on City bonds, coordinating financial transactions in cooperation with the Finance Director, and preparing property tax assessments for residents upon request.

The City Treasurer is elected to a four-year term and is a part-time salaried position. The current City Treasurer is Frank Risso.


Mission

To invest funds not currently required for the operation of the City to maximize revenues while ensuring the safety and availability of the City funds.

Responsibilities:

  • Invest City funds to achieve the maximum return on deposits

  • Produce quarterly reports to identify amounts and types of investment instruments

  • Coordinate financial transactions in cooperation with the Director of Finance

 

Department Head

Frank RissoAs a fifth generation South San Franciscan, Frank Risso's roots run deep in our community. Born into a family-owned horticultural enterprise, Frank opted instead to follow his passion for Accounting and holds a Bachelor of Science in Business Administration with an emphasis in Accounting from San Francisco State University. He brings a wealth of experience in accounting and financial management, cultivated through his extensive tenure in the private sector working as a Corporate Controller in several media and technology businesses. Previously, he also worked as an auditor at multinational accounting firm Deloitte Touche.

First elected as City Treasurer in 2013, he subsequently went on to be re-elected in 2018 and 2022. Over the course of his tenure as City Treasurer, Frank has worked diligently to ensure the objectives of his position are met: (1) that public funds are invested safely, (2) that the City has the liquidity required to manage its day-to-day operations and (3) that we maximize our return on investment.

 

 

Location and Hours

Location

400 Grand Ave.
South San Francisco, CA 94080

Hours

Monday - Friday, 8:00 a.m. to 5:00 p.m.

 

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