5.05 DEPARTMENT OF FINANCE
   The Department of Finance shall be headed by the Director of Finance. No person shall be appointed Director of Finance unless he/she has been actively engaged on a full-time basis in the practice of governmental financing, accounting, taxation, and/or business administration for a period of five (5) years or more prior to his/her appointment. The Director of Finance shall have a minimum of a Bachelor’s Degree in a pertinent field from an accredited institution of higher learning. The Director of Finance shall administer the fiscal affairs of the City, including the supervision and maintenance of records and accounting procedures which shall conform to the general laws of Ohio; the compilation of estimates for the budget of all departments of the City; the exercise of financial budgetary controls over appropriations made; the custody of funds, investments, and other property of the City; the collection of fees, assessments, and tax revenues for which the City is responsible; the investment and deposit of funds as may be provided by Council; the payment of the public debt of the City; and such other duties as may be required by this Charter and/or as the City Manager may impose upon him/her consistent with this office.
   The Director of Finance shall make reports in the form and at such intervals as may be requested by the City Manager, showing the financial standing of the City or of any department or agency thereof.
   As pertains to initiative and referendum petitions, the Finance Director shall be the person designated as having the authority of the treasurer and/or auditor under State statute. (Amended 11-8-05; 11-2-10)