(A) The Finance Officer shall establish deposit procedures for all city departments receiving money for the city. Such procedures shall include, but shall not be limited to, deposits into City Treasury bank accounts, transfers to treasury bank accounts, electronically collecting city monies and authorization of the Finance Officer for the opening of city bank accounts or the usage of the Tax Identification Number (TIN).
(B) All city departments receiving money for the city from sources outside of the City Treasury shall pay the full amount of all said monies intact into the City Treasury daily, weekly, or as often as the Finance Officer shall direct.
(C) When depositing funds, departments shall use only deposit tickets designated for such purpose by the Finance Officer. For each individual deposit, the respective department shall input into the financial system an accurate accounting breakdown for each depository total. Additional detailed information and substantiation, in whatever paper or electronic form as may be required by the Finance Officer, must then be forwarded to the Finance Officer for verification and determination that funds have been credited to the appropriate accounts.
(Ord. passed 5-6-97)