At the first meeting of Council each month, the Board of Audit and Review shall present to Council a report of its transactions since the previous report. Such report shall include a complete list of expenditures approved by the Board, together with such comments as the Board may choose to make thereon. The Board shall also present a supplementary report showing, as of the last day of the calendar month prior to the meeting of the Board, the following amounts:
(a) Balances on deposit with the several depositories of the City, classified as to active, inactive or interim deposits;
(b) Revenues of the City, classified as to source, for the preceding month and for the fiscal year to date;
(c) Expenditures of the City, classified in accordance with accounts established by Council in its appropriation ordinances, for the preceding month and for the fiscal year to date;
(d) Balances remaining in the several accounts established by Council in its appropriation ordinances;
(e) An estimate of the revenues to be received by the City, classified as to source, for the remainder of the fiscal year; and
(f) A statement of obligations due, and to become due, classified in accordance with accounts established by Council in its appropriation ordinances for the remainder of the fiscal year.
(Ord. 1974-76. Passed 3-4-74.)