Each borough president shall enter the names of all persons from whom he or she may receive money for the city, on trust account or otherwise, with the amounts received, on what account, and when paid, in books to be provided for that purpose and kept in the borough president's office, open at all convenient times to public inspection. The borough president shall render a verified account thereof, item by item, to the comptroller, on Thursday of each week, and shall thereupon pay over the amount so received to the director of finance, from whom he or she shall receive duplicate vouchers therefor, one of which the borough president shall file in the office of the comptroller on the same day.
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