(a) The Director of Finance shall prepare and submit to the Board of Control each month a summary statement of revenues and expenses for the preceding month, detailed as to appropriations and funds in such manner as to show the financial condition of the City and of each department and office thereof as of the last day of the previous month. Said summary statement shall show, at a minimum, the following information:
(1) All receipts had during the preceding month.
(2) All disbursements made during the preceding month.
(3) A cumulative statement for each appropriation showing:
A. Amount of appropriations;
B. Amount expended against the appropriation at the end of the preceding month;
C. Balance remaining.
The foregoing summary statement shall be in such further detail as may be required by Council to show the financial condition of the City as of the date of the statement.
(b) At the next Board of Control meeting following the submission of the summary statement the Board of Control shall by voice vote approve the summary statement as to content and form.
(Ord. 2005-85. Passed 12-5-05.)
(Ord. 2005-85. Passed 12-5-05.)