A. The Director of Finance shall be appointed by the Municipal Administrator subject to confirmation by a majority of the members elected to Council. The position of Finance Director may be designated as a full-time, part-time, or contract position as determined and authorized by Council. Assistants may be provided for as Council shall from time to time see fit.
B. The Director of Finance shall have sufficient knowledge and experience in accounting, taxation, and business administration, and provide evidence of either experience in municipal government accounting or a bachelor's degree with a major in finance, accounting, or business-related field.
C. The Director of Finance shall hold office at the pleasure of the Municipal Administrator.
D. The Finance Director shall be the head of the Finance Department and shall:
(1) Collect all taxes, special assessments, license fees and other revenues due the Municipality or for whose collection the Municipality is responsible, and receive all money receivable by it from the County, State or Federal government or others, or from any court or from any office, department or agency of the Municipality, or any moneys payable to the Municipality from any source.
(2) Have custody of all public funds belonging to or under the control of the Municipality, or any office, department or agency thereof, and deposit or invest all funds coming into his or her hands in such manner as may be provided by ordinance; all interest resulting from deposits or investments shall be the property of the Municipality and shall be accounted for and credited to the proper account; deposit slips shall be marked with the name of the proper fund of the Municipality.
(3) Have custody of all investments and invested funds of the Municipality, or in its possession in a fiduciary capacity, and have safekeeping of all bonds and notes of the Municipality and the receipt and delivery of its bonds and notes for transfer, registration or exchange.
(4) Determine that all payment vouchers that are to be paid from Municipal funds are approved for payment by the Municipal Manager and other officials as required.
(5) Determine that payment vouchers submitted for payment from Municipal funds are allocated to a specific appropriated expenditure and not in excess of such appropriation except with the approval of the required vote of Council.
(6) Prepare, sign, and issue checks to cover approved payment vouchers; note payment vouchers; note payment date and check number on payment voucher.
(7) Submit to Council and the Municipal Administrator a monthly report showing the condition of all funds and keep a running balance of funds available for withdrawal from the various bank accounts authorized by Council and issue a fund balance report as directed by Council.
(8) Assist the Municipal Administrator in the preparation of an annual budget and prepare and submit annually to Council and the public a complete report on the financial activities of the Municipality as of the end of each fiscal year, using generally accepted accounting principles.
(9) Respond to State audits as necessary and appropriate.
(Passed by electorate 11-8-22)