The Finance Director shall, under the direction of the Town Administrator, keep an accurate account of all his receipts and payments and shall monthly submit to the Council a statement of the condition of the treasury, the amount paid out for the several departments and the balance on hand of the several appropriations; further in conjunction with the aforesaid, the Tax Assessor shall submit a profit and loss statement with relation to current assessments, both real and personal.
('73 Code, § 2-18) (Ord. passed 8-3-70)