A. Records And Reports: The city treasurer shall be the custodian of all monies that belong to the city; he shall keep a separate accounting of each fund or appropriation and debits and credits belonging thereto. He shall give to every person paying any money into the treasury a receipt therefor, showing the date of the payment, and on what account paid; he shall at the end of each month, and as often as may be required, render to the city council, under oath, an account showing the state of the treasury at the date of such account, and the balance on hand, accompanying such report with copies of all warrants redeemed during said month. A failure on the part of the city treasurer for the space of ten (10) days after demand, or from the end of each month, to render such account, shall be cause for the city council to declare his office vacant, and they may fill such vacancy by appointment. (Ord. 348, 1-9-1998)
B. Deposit Of City Monies: The city treasurer may be required to keep all money in his hands belonging to the city at such place or places of deposit as may be approved by ordinance; provided, however, that such place of deposit must either be in some regularly organized and Federally insured bank or in the State investment pool administered by the Treasurer of the State of Idaho. (Ord. 343, 3-1-1997)