There is hereby established the office of director of finance.
Pursuant to the provisions of Section 37209 of the Government Code, the duties of the city clerk as imposed on the city clerk by Article 1, Chapter 4, Part 2, Division 3 of Title 4 of the Government Code are hereby transferred to the director of finance.
The director of finance shall be the accounting officer of the city and shall maintain records readily reflecting the financial condition of the city.
At the end of each fiscal year he shall prepare and present to the legislative body a summary of receipts and disbursements by departments and funds including opening and closing fund balances in the treasury.
He shall prepare all disbursements including payrolls and the preparation of invoices. He shall be responsible for inventory and budget control.
He shall prepare financial reports as required for state and county departments. He shall serve as the purchasing officer for the city. He shall receive and deposit, in accordance with the instructions of the city treasurer, all moneys accruing to the city.
The city council may by resolution assign any employee of the city to act as director of finance and to perform or cause to be performed the duties listed in this section.
The director of finance upon the entry to his duties of office shall execute a bond to the city in conformity with bonds of public officers, and in conformity with the provisions of the Government Code of the state of California relating thereto, in the amount of five thousand dollars.
(Ord. 33 § 1, 1961; prior code § 2250).