The council shall cause to be prepared and filed in the office of the clerk within sixty days after the end of each fiscal year, or as soon thereafter as is possible, a report showing the financial transactions and financial condition of the city for such year. Such report may in the discretion of the council be published in pamphlet form. (Stats. 1927, p. 2055.)
Editor's note: This section was amended by the voters of the city on March 26, 1996.