A. Department Created: There is created a department of finance, an executive department of the village, to function under the direction and supervision of the village manager.
B. Duties Of Department: It shall be the duty of the officers and employees of the department of finance to:
1. Bill, receive and deposit all warrants, funds, monies, fees or other revenues due the village.
2. Disburse and pay all warrants, funds, monies or other payments expended by the village.
3. Prepare the payroll based on time sheets approved by department heads and computed in accordance with the personnel rules and regulations.
4. Make all purchases with village funds in accordance with the approved purchasing policy.
5. Prepare water and sewer bills based on current meter readings in accordance with the approved rate structure.
6. Develop and maintain the management information system for use by all departments.
7. Keep accurate records and accounts of all fiscal transactions.
8. Report on all fiscal transactions and on the status of revenues, funds, investment and expenditures and such other fiscal and monetary affairs, such reports to be legible, accurate and in accordance with generally accepted accounting principles.
As to all matters of fiscal administration and management, the requirements of state statutes and village ordinances shall be observed and in the absence of such, modern budgetary, accounting, disbursement and treasury practices shall be observed.
(Ord. 582, 12-3-1968; amd. 1992 Code)