The City Manager, or designee (which in this article shall mean a qualified employee of the City), shall have charge of the administration of the financial affairs of the City and to that end Manager, or designee, shall have authority and shall be required to:
(A) Compile the estimates of revenues and expenditures for the budget;
(B) Supervise and be responsible for the disbursement of all moneys and have control over all expenditures to ensure that budget appropriations are not exceeded;
(C) Maintain a general accounting system for the City government and each of its offices, departments, and agencies; keep books for and exercise financial budgetary control over each office, department, and agency; keep accurate accounts for the items of appropriation contained in the City budget, each of which accounts shall show the amount of the appropriation, the amounts paid therefrom, the unpaid obligations against it and the unencumbered balance; require reports of receipts and disbursements from each receiving and spending agency of the City government to be made daily or at such intervals as he may deem expedient;
(D) Submit to the Council a monthly statement of all receipts and disbursements in sufficient detail to show the exact financial condition of the City;
(E) Prepare, as of the end of each fiscal year, a complete financial statement and report;
(F) Serve as ex-officio City Treasurer and shall oversee the custody of all public funds belonging to or under the control of the City, or any office, department, or agency of the City government, and deposit all funds coming into his hands in such depositories as may be designated by resolution of the Council, subject to the requirements of law as to surety and the payment of interest on deposits, but all such interest shall be the property of the City and shall be accounted for and credited to the proper account;
(G) Oversee the custody of all investments and invested funds of the City government, or in possession of such government in a fiduciary capacity, and have the safekeeping of all bonds and notes of the City and the receipt and delivery of City bonds and notes for transfer, registration or exchange;
(H) Supervise and appoint persons to be responsible for the purchase, storage, and distribution of all supplies, materials, equipment, and other articles used by any office, department, or agency of the City government.
(Adopted by electorate, May 11, 2013)