(A) The Director shall have knowledge of municipal accounting and taxation and shall have experience in budgeting and financial control. He or she shall provide a bond furnished by an accredited surety company acceptable to the Council, in such amount as the Council may require, the cost of which shall be paid by the city.
(B) He or she shall have charge of the administration of the financial affairs of the city, subject to the supervision and direction of the City Manager and, to that end, he or she shall have authority and be required to:
(1) Compile both the current expense and capital estimates for the budget for the City Manager;
(2) Supervise and be responsible for the disbursement of all moneys and have control over all expenditures to ensure that budget appropriations are not exceeded;
(3) Supervise the general accounting system of the city and each of its offices, departments and agencies; exercise financial control over the same; keep such books and records and submit such financial statements to the City Manager or Council as they may require;
(4) Supervise the collection of all taxes, special assessments, license fees, water revenue or other revenue or monies due the city from any source whatever; and receive from the various departments or agencies all fees or revenue collected by them;
(5) Deposit all funds coming into his or her hands in such depositories as may be designated by resolution of the Council or, in the absence of such resolution, by the City Manager;
(6) Make and have custody of all investments of the city’s funds, including those held in a fiduciary capacity, under such regulations as the Council may prescribe;
(7) Prescribe the forms of all financial records, receipts, vouchers, bills or claims to be used by all the offices, departments and agencies of the city;
(8) Certify, before any contract, order or other document has been executed by which the municipality incurs financial obligation, that the expenditure is within the purpose of the appropriation ordinance, and the work program contemplated thereby, and that there is an unencumbered balance in the appropriation sufficient to pay the obligation;
(9) Audit and approve before payment all bills, invoices, payrolls and other evidences of claims, demands or charges against the city;
(10) Inspect and audit any accounts or records of financial transactions which may be maintained in any office, department or agency of the city apart from, or subsidiary to, the accounts kept in his or her office; and
(11) Maintain the insurance program of the city.
(2000 Code, § 32.016) (Ord. 3174, passed 5-8-2018)