The Comptroller shall require all officers charged in any manner with the receipt, collection or disbursement of city revenues, to make monthly statements in writing under oath, showing in detail all receipts, collections and disbursements and to file the same in the office of the Comptroller; and whenever any officer shall refuse or neglect to make reports or adjust his or her accounts and lay over to the proper officers any monies in his or her possession belonging to the city, the Comptroller shall cause a notice in writing to be served upon the officer and his or her sureties demanding a settlement of his or her accounts, forthwith; and in case of the refusal or neglect of the officer, for a period of five days after the notice, to make or offer settlement and pay over the monies, the Comptroller shall report the officer to the Mayor, who shall immediately remove him or her from office, and proceedings for the recovery of any monies due to the city shall be instituted at once against the delinquent and his or her sureties.
(1980 Code, § 5.012)