(A) The Finance Officer shall have the following powers and duties.
(1) He or she shall keep the accounts of the town in accordance with generally accepted principles of governmental accounting and the rules and regulations of the local government commission.
(2) He or she shall disburse all funds of the town in strict compliance with G.S. Ch. 159 and the budget ordinance of the town.
(3) As often as may be requested by the Town Manager, he or she shall prepare and file with him or her for submittal to the Council a statement of the financial condition of the town.
(4) He or she shall receive and deposit all monies accruing to the town or supervise the receipt and deposit of money by other duly authorized officers or employees.
(5) He or she shall maintain all records concerning the bonded debt of the town, determine the amount of money that will be required for debt service during each fiscal year and maintain all sinking funds.
(6) He or she shall supervise the investment of idle funds of the town.
(7) He or she shall perform such other duties as may be assigned to him or her by law, by the Manager, the Town Council or by rules and regulations of the NC Local Government Commission.
(B) Except as otherwise provided by law, all checks, vouchers or drafts on an official depository shall be signed by the Finance Officer and the Mayor.
(C) He or she shall be responsible for all activities of the town office staff and as such shall be designated as a department head of the Finance Department and therefor will be directly responsible to the Town Manager.
(Prior Code, § 2-23)
Statutory reference:
Finance officer, see G.S. §§ 159-24 et seq.