City Treasurer


The city treasurer is an elective position that has a term of four years.  The city treasurer provides a direct voice of the people regarding the management of all cash and all invested public funds. In general, the treasurer's office provides banking and investment services with minimum service cost and maximum yield on investments.

The office of the Treasurer is responsible for receipt, accurate accounting, disbursement of all funds both public and trust accounts, and prudent investment of all City funds in order to maximize yields while maintaining adequate liquidity. The Treasurer’s office receives all monies which come into the city, pays all bills, including payroll; is responsible for the administration of employee health and life insurance programs; works with the Assessor's, Tax Collector, and City Auditor’s departments to ensure the smooth and efficient operation of the City’s finances. 

In addition, the Treasurer is responsible for investing the City’s funds in accordance with guidelines imposed by Ch. 44, Sec. 55, of Massachusetts General Laws. The Treasurer executes all short and long-term borrowing which the Mayor has authorized, with approval of the City Council.

The Treasurer manages the City’s property, which is in Tax Title or Foreclosure. The Treasurers Office places all outstanding taxes on agreements to be paid in a timely manner, if payments are not made or no agreement can be reached, a foreclosure process is done. Delinquent property is turned over to the Treasurer annually, when the Tax Collector does a tax taking; i.e., puts a lien on the property.

By virtue of the office the City Treasurer is also the Treasurer of the Holyoke Retirement Board, Holyoke Gas & Electric, and the Whiting Street Fund.

For a more detailed understanding of the Duties and Responsibilities of the Treasurer please read this Excerpt of MCTA Treasurer (Chapter 2 Duties & Responsibilities of the City Treasurer)

Treasurer’s of Holyoke



1850                John M. Chapin

1851-1852       Henry S. Babbit

1852-1866       Gustavus Snow (combined with Town Clerk)

1867-1868       E. H. Flagg (combined with Town Clerk)

1869-1871       Robert B. Johnson

1872-1873       Charles W. Ranlet


1873-1876       Charles W. Ranlet

1876-1877       Hon William B. Whiting

1877-1879       Charles W. Ranlet

1879                James R. Howes

1880-1884       Charles W. Ranlet

1885                Edwin L. Munn

1886                Oscar Ely

1887-1889       Edwin L. Munn

1890-1892       Hon Dennie L. Farr

1893-1931       Pierre Bonvouloir

1931-1943       Lionel Bonvouloir

1944-1972       Joseph Lucey

1972                Rita M. Leary

1973                Anne E. Savacheck

1974-1988       Daniel R. Owens

1988-2009       David B. Donoghue

2010-               Jon D. Lumbra (Current Treasurer)

Sandy A Smith - Assistant Treasurer

(413) 322-5560 Ext 5037

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On at least an annual basis, the City issues debt to finance capital projects, including streets, schools, storm-water, water utility, sanitary sewer, and power utility. In connection with the City’s most recent borrowing, the City requested a rating from Moody’s Investors Service. Moody’s assigned a rating of A1 to the City’s debt. The Moody’s rating report indicates the rating reflects the City’s sizable, diverse and affluent tax base, strong financial position, and low debt levels. A copy of the Moody’s credit report can be reviewed on below.


 City Bond Rating: Long Term Debt Issued:
 Moody’s Bond Rating City Long Term Debt (Paid off in FY2032)
 S&P A+(SPUR) Rating School Long Term Debt (Paid off in FY2032)
  Water Long Term Debt (Paid off in FY2018)
  Sewer Long Term (Paid off in FY2037)
Preliminary Official Statement: HG&E Long Term Debt (Paid off in FY2031)
 2013-06-28 Holyoke POS


  Sort Term Debt Issued:
 Statement of Indebtedness:  
   Short Term Debt as of 06 30 2013
2013 As reported to DOR  

Department Head

Jon D Lumbra

Jon D Lumbra

City Treasurer

Office Address

City Hall
536 Dwight Street
Room 17
Holyoke, MA 01040-5019 Map

Contact Info

(413) 322-5560

(413) 322-5561 (fax)

Office Hours

Monday - Friday
8:30 am - 4:30 pm

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Posted on December 27, 2012 by