Settlements of large enough size are able to construct their own banks
and establish a treasury. The treasury contains the vast wealth of the
settlement. Members of the government have additional privileges to manage
and interact with the bank and treasury in order to help manage the
settlement's finances.
Reviewing Finances
Magistrates, Consuls, and Leaders can use TREASURY STATUS to review
information about the current state of finances, including the total worth
of the treasury, tax rates, interest rate, and number of open bank accounts.
All treasury and bank exchanges and actions are recorded for council members
to review using TREASURY LOG. Magistrates especially should maintain
vigilant review of this log to ensure the leadership is not embezzling
settlement funds or participating in other corrupt acts for personal gain.
In addition to the above, individual bank accounts can be reviewed using
TREASURY ACCOUNT <player>. Note, this will only show information about
the player's bank account within the settlement. It will reveal nothing
about their finances housed elsewhere.
Frozen Bank Accounts
No member of leadership can tamper with the funds of individual bank
accounts, however, the rank of King or Queen has the ability to freeze
a bank account in extreme circumstances. Those with frozen bank accounts
will find it impossible to deposit, withdraw, or transfer any funds from
their bank account.
Taxes and Interest
Consuls and Leaders are responsible for setting taxes and interest rates
as they see fit. There are a handful of taxes which can be imposed, and it
is advised to review HELP TREASURY TAX for the ins and outs on each
type and purpose.
The interest rate applies to money deposited in individual bank accounts,
and will be accrued at the start of each Mystavarian new year (every two
out of game weeks). Offering interest on deposited money is a generous act
and a sign of economic success, however it is not advised until the
settlement has established an extremely stable treasury.