(A) All receipts from any source of city money or money for which the city is responsible which has not been otherwise invested or deposited in a manner authorized by law, shall be deposited in those banks or federally insured savings and loan companies which have been designated by the Mayor as the city’s official depositories.
(B) All city funds shall be disbursed by written authorization approved by the Mayor, or his or her designate, which shall state the name of the person to whom funds are payable, the purpose of the payment, and the fund out of which the funds are payable. Each authorization shall be numbered and recorded.
(1992 Code, § 33.05)