The finance director shall be responsible for administration of the financial affairs of the city.
The finance director shall have custody of all public funds belonging to the city or to any office, department, board or commission or agency thereof, and shall administer all such funds in compliance with the provisions of the Constitution and laws of the State of California governing the collection, handling, depositing, investment and securing of public funds.
The finance director shall submit to the council through the city manager monthly statements of receipts, disbursements and balances in such form as to show the exact financial condition of the city. At the end of each fiscal year the finance director shall submit a complete and detailed financial statement.
(Res. No. 126 80-81 §7 (part), Measure G (part), Passed 4-7-81, Filed in Office of Secretary of State 6-8-81: Res. No. 17 85-86 §6, Passed 11-5-85, Filed in Office of Secretary of State 3-12-86; Res. No. 112 93-94 §7, Measure G (part), Passed 6-7-94, Filed in Office of Secretary of State 10-3-94)