SEC. 2-168. DUTIES OF CITY TREASURER.

   The city treasurer shall perform such statutory duties as are assigned to the city treasurer of a general law city by the laws of the State and which are not assigned to another city employee by ordinance or resolution. Pursuant to Cal. Gov’t Code, Section 34004, the duties imposed on the city treasurer by Cal. Gov’t Code, Section 41003 are transferred to the assistant city treasurer.

(`64 Code, Sec. 2-4.3) (Ord. No. 2203, 2350, 2977)

SEC. 2-169. COMPENSATION OF CITY TREASURER.

   Until the city council declares the results of the canvass of the returns for the November 2020 municipal election, the person occupying the city treasurer classification shall receive the same compensation as that person received as of the effective date of the ordinance that amended this section. Starting with the city council declaring the results of the canvass of the returns for the November 2020 municipal election and continuing thereafter, the person occupying the city treasurer classification shall receive such compensation as determined by city council resolution for that position.

(`64 Code, Sec. 2-4.4) (Ord. No. 2203, 2350, 2977)

DIVISION 5. DIRECTOR OF FINANCE

SEC. 2-175. CREATION.

   There shall be a finance department, headed by a director of finance who shall supervise such employees as are necessary to carry out the functions and duties of the department.

(Ord. No. 2643)

SEC. 2-175.5. CHIEF FINANCIAL OFFICER.

   Effective April 14, 2008, all references to the classification of director of finance, finance and management services director, or finance director in the city code, and any in city resolutions, agreements, contracts, rules, regulations or procedures shall incorporate the classification and/or working title of chief financial officer.

(Ord. No. 2772)

SEC. 2-176. FINANCIAL AND ACCOUNTING DUTIES.

   (A)   Pursuant to Cal. Gov't Code Section 37209, the duties imposed on the city clerk by Chapter 4, Part 2, Division 3, Title 4 of the Cal. Gov't Code are transferred to the director of finance.

   (B)   Pursuant to Cal. Gov't Code Section 40805.5, the financial and accounting duties imposed on the city clerk by Cal. Gov't Code Sections 40802 through 40805 are transferred to the director of finance.

   (C)   Pursuant to Cal. Gov't Code Section 34004, the duties imposed on the city treasurer by Cal. Gov't Code Section 41004 are transferred to the director of finance.

   (D)   The powers and duties of the director of finance include centralizing fiscal and accounting duties; controlling inventory; financial reporting; and assisting in budgeting.

   (E)   The director of finance shall promote, secure and preserve the financial and property interests of the city.

   (F)   The city manager may assign to the director of finance additional powers and duties not set forth herein.

(Ord. No. 2643, 2804)

SEC. 2-177. BOND.

   The chief financial officer shall file with the city clerk a bond covering the faithful performance of the chief financial officer’s duties, in the penal sum of not less than $20,000. The bond shall conform to the provisions of Chapter 3, Division 4, Title 1 of the Cal. Gov’t Code. The premium on the bond shall be paid by the city.

(Ord. No. 2643, 3031)