SECTION 4.06 DEPARTMENT OF FINANCE.
   The Department of Finance shall be responsible for administration of the financial affairs of the City.
   (a)   The Department shall:
      (1)   Collect and disburse City Funds.
      (2)   Maintain a general accounting system for City government and units thereof.
      (3)   Compile fiscal estimates and reports.
      (4)   Assist the City Manager in preparation of budgets.
      (5)   Assist the City Manager in establishing controls for budget administration.
      (6)   Develop and apply legal and policy provisions applicable to financial accounting.
   (b)   Director of Finance. There shall be a Director of Finance who shall be appointed and/or removed by an affirmative vote of four (4) or more Commission members and who, under the supervision of the City Manager, shall be charged with the administration of the Department of Finance.
      (1)   Qualifications/requirements. The Director of Finance shall have a four-year college degree with a major in accounting and finance and two (2) years experience in municipal accounting, taxation, budgeting and financial control.
      (2)   Shall furnish a surety bond for the faithful and honest performance of his official duties in such amount as the City Commission may determine. The cost of such shall be paid by the City.
(Adopted by electorate, 3-13-84; Amendment adopted by electorate, 11-7-06; Amendment adopted by electorate, 11-6-12)