§ 2-72 Safeguarding of Assets.
   Accounting controls shall be designed and implemented to provide reasonable assurances that:
   (a)   Capital expenditures made by the City shall be in accordance with the Common Council's authorization as documented by this division.
   (b)   Asset transactions of the City shall be recorded to permit the proper preparation of financial statements to comply with the generally accepted accounting principles.
(Ord. D-1546-01, 12-17-01; Ord. D-2067-11, 11-7-11)