In addition to and supplementing the financial statements required by Charter Section 96, annually and not later than February 1 of each year, the Director of Finance shall prepare and submit to Council as of December 31 of the preceding year a complete, itemized and detailed statement of all outstanding accounts payable of the City together with a complete statement of the anticipated revenues which were expected to be used for the payment of the accounts, and an explanation of the reasons why the revenues were insufficient for the payment of such accounts.
(Ord. No. 101671. Passed 10-22-34)