(a) The financial management services director shall prescribe the form of all accounts showing the financial transactions of all departments and offices of the city as well as reports rendered to and by the financial management services department. Accounting practices and financial reporting shall conform to generally accepted accounting principles as promulgated by appropriate regulatory bodies.
(b) The financial management services director shall appoint, with the approval of the city manager, the city treasurer for the city who shall be an employee of the financial management services department. The city treasurer shall have custody of all public moneys, funds, notes, bonds and other securities belonging to the city. Pursuant to state statute, the city council shall, in cooperation with the city treasurer and city manager, select and designate a depository for the moneys and funds of the city. Before assuming the duties of his or her office, the city manager or the city council may require the city treasurer to execute a bond with a responsible surety company acceptable to the city council in such amount as may be required by the city council, conditioned upon the faithful performance of his or her duties of his or her office, the premium of which bond shall be paid by the city.
(c) The financial management services director shall appoint, with the approval of the city manager, the city assessor and collector who shall be an employee of the financial management services department, or upon approval of the city council, the city manager may contract with an outside contractor or entity to perform such designated services. The city assessor and collector will have charge of the collection of all special assessments for public improvements, the assessment of all taxable property in the city, the preparation of the tax rolls and the collection of all taxes and assessments under the Charter and ordinances of the city now or hereafter to be enacted. The assessor and collector may be required to make bond with a responsible surety company acceptable to the city council in such amount as the city council and the law may require, conditioned upon the faithful performance of the duties of his or her office, the premium of which shall be paid by the city.
(d) In all cases where the duty is not expressly charged to any other department or office, it shall be the duty of the financial management services director to promote, secure and preserve the financial and property interests of the city. The financial management services director shall:
(1) Exercise general supervision over all offices of the city regarding the proper management of fiscal concerns of their respective offices; and
(2) Report the default of any officer of the city to the city manager, who shall confer with the city attorney concerning the institution of legal measures for the recovery of the amount for which such officer may be in default.
(Ord. 13444, § 1, passed 5-12-1998; Ord. 18318-09-2008, § 2, passed 9-30-2008)