(A) Any departments, boards and commissions of the city which have established or which may in the future establish nonreverting funds must account for those funds.
(1) A monthly and annual year-end report listing income and expenditures must be presented to the members of the Common Council of the city, by each board for every nonreverting fund under its control.
(2) The reports shall be delivered to the City Clerk, who shall make all necessary copies for distribution to members of the Common Council.
(B) Expenditures totaling more than $500 per year shall require approval of the Common Council.
(C) The following accounts shall be exempt from division (B) above:
(1) The following expenses in the Ambulance Run Nonreverting Account #36:
(a) The salary of the ambulance billing secretary;
(b) Vacation, sick leave and overtime of the emergency medical technicians; and
(c) Existing monthly ambulance lease/purchase payment.
(2) The city's Reserve Liability Fund, Account #47; and
(3) The Parks Nonreverting Fund, Account #29.
(Ord. G-87-180, passed 2-2-1987)