The Finance Director shall cause an accurate account to be kept of all taxes and assessments; of all money due to and all receipts and disbursements by the Municipality; of all assets and liabilities of the Municipality; and of all appropriations made by the Council. The Finance Director shall at the end of each fiscal year, and at other times required by Council, audit the accounts of the several departments and officers, and shall audit all other accounts in which the Municipality is interested. The Finance Director shall prepare the annual budget. The Finance Director may prescribe the form of reports to be rendered to his or her departments and the method of keeping accounts of all other departments. The Finance Director shall, upon the death, resignation, removal or expiration of the term of any officer, audit the accounts of such officer, and if such officer shall be found indebted to the Municipality, the Finance Director shall immediately give notice thereof to the Council and the Director of Law, and the latter shall forthwith proceed to collect same.
The Finance Director shall be the custodian of all moneys of the Municipality; keep and preserve the same in such manner and in such place or places as shall be determined by the Council; pay out money only on warrants issued by the Finance Director; keep a detailed record of all disbursements and a record of expenditures from the various appropriation funds.
(Amended November 5, 1996)