(A) All departments, boards and commissions of the city, which have established, or which may establish non-reverting funds in the future, must account for the funds.
(B) A monthly and annual year-end report listing income and expenditures must be presented to the members of the Common Council, by each board for every non-reverting fund under its control.
(C) The reports shall be delivered to the Clerk of the city, who shall make all necessary copies for distribution to members of the Common Council.
(D) Expenditures totaling more than $500 per year shall require approval of the Common Council.
(E) The following accounts shall be exempt from the above in division (D):
(1) The following expenses in the Ambulance Run non-reverting account #36:
(a) The salary of the ambulance billing secretary;
(b) Vacation, sick leave and over-time of the emergency medical technicians;
(c) Monthly ambulance lease/purchase payments, if applicable; and
(d) Any capital expenditure that will benefit the New Albany Fire Department as long as such proposed purchase is presented in advance to the Council for approval either during the annual budgeting process or through the additional appropriation procedure.
(2) The city's Reserve Liability Fund, Account #47; and
(3) The Parks Non-Reverting Fund, Account #29.
(Ord. G-96-156, passed 11-22-1996)