(A) The City Clerk shall prepare, semi-annually, full and detailed accounts and statements of receipts, expenditures, and indebtedness of the city.
(B) Based on a fiscal year beginning July 1 of one year and extending through June 30 of the following year, these semi-annual financial statements shall be due and shall be published in a county newspaper of general circulation no later than August 15 and February 15, respectively.
(C) In the event the financial statements are not completed and published as required, no moneys shall be paid out of the city treasury on any warrant or order of the Board of Aldermen until such time as such financial statements are published.
(Ord. 94-002, passed 8-23-1994)