234.05 DISPOSITION OF MONEYS.
   The City Clerk shall turn over all money received by him or her on behalf of the City, not later than the end of each month, to the City Treasurer, for which money he or she shall take a receipt. Not later than the end of the month, he or she shall make a report of such transaction to Council stating the source and disposition of such money.
(1942 Code Chap. III, Sec. 5)