The director of finance shall have charge of the administration of the financial affairs of the city in accordance with Section 4.4.
5.2 BONDS REQUIRED
Council shall establish the amount of bond to be given by each officer, clerk or employee in the city government, if any be required, and required bonds shall be given with surety. Premiums on official bonds shall be paid by the city.
5.3 FISCAL YEAR
The fiscal year of the city shall begin the first day of January unless otherwise specified by ordinance.