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143.01 COMPENSATION.
   (a)   Effective January 1, 2018 the salary for the City Auditor shall be eighty-three thousand one hundred seventy-eight dollars and twelve cents ($83,178.12), which is the yearly amount of compensation for 2018, and shall be the yearly compensation for the City Auditor until changed by City Council.
   (b)   Each calendar year from 2019 through 2021, the salary from the previous year shall be increased by the percentage increase of two percent (2%).
(Ord. 33-93. Passed 3-8-93; Ord. 135-97. Passed 10-27-97; Ord. 03-01. Passed 1-22-01; Ord. 122-05. Passed 12-19-05; Ord. 85-09. Passed 12- 14-09; Ord. 98-13. Passed 12-16-13; Ord. 157-17. Passed 12-18-17.)
143.02 MONTHLY REPORTS TO COUNCIL.
   The City Auditor is hereby directed to make available to members of Council, prior to the tenth day of each month, the following written reports:
   (a)   A statement of City income and expenditures, including the amount of outstanding checks.
   (b)   An account appropriation status statement.
   (c)   A statement in regard to the Treasury investments of the City which includes the amount currently invested, the nature of the investment and the interest rate being earned. This statement shall include the total amount of interest earned upon the date of maturity of the investment and the fund to which this earned interest is credited.
(Ord. 75-76. Passed 5-24-76.)
143.03 DEPUTY AUDITOR.
   (a)   The City Auditor is hereby authorized to appoint a Deputy Auditor.
   (b)   In the absence or disability of the City Auditor, the duly appointed Deputy Auditor is authorized to perform and exercise all of the functions, powers, and duties of the Auditor unless said powers, functions and duties are restricted by the terms of the appointment.
   (c)   In the event of a vacancy in the office of the Auditor, the duly appointed Deputy Auditor is authorized to perform and exercise all of the functions, powers, and duties of the Auditor until an Auditor is appointed by the Mayor and approved by City Council for the unexpired term pursuant to the Reynoldsburg City Charter or an Auditor is elected at a general election pursuant to the
      Reynoldsburg City Charter. A Deputy Auditor serving under this section is authorized to appoint an Assistant Deputy Auditor to serve in the absence or disability of the Deputy Auditor and said Assistant Deputy Auditor is to serve with the same authority and limitations imposed upon the Deputy Auditor as set forth in Section 143.03(b) of this ordinance.
(Ord. 48-78. Passed 4-10-78; Ord. 114-96. Passed 10-14-96)
143.04 FRINGE BENEFITS.
   The Auditor shall be entitled to receive group insurance fringe benefits, including dependent coverage, as set forth and provided in Section 165.14 of the Code of Employment Provisions. Group insurance benefit changes or modifications received by full-time employees under Section 165.14 of the Code of Employment Provisions shall also be received by the Auditor.
(Ord. 29-83. Passed 3-14-83.)
143.05 ELIGIBLE SECURITIES.
   (a)   The investing authority shall deposit or invest any part or all of the City's moneys. The following classifications of securities and obligations are eligible for deposit or investment:
      (1)   Bonds, notes or other obligations of, or guaranteed by, the United States, of those for which the faith of the United States is pledged for the payment of principal and interest thereon;
      (2)   Bonds, notes, debentures or other obligations or securities issued by any federal government agency, including, but not limited to, federal national mortgage association debentures and discount notes, or by the export-import bank of Washington, whether or not they are guaranteed by the United States;
      (3)   Time certificates of deposit or savings or deposit accounts, including, but not limited to, passbook accounts, in any eligible institution mentioned in Ohio R.C. 135.32 having an office located within the territorial limits of the City;
      (4)   Bonds and other obligations of this State, its political subdivisions or other units or agencies of this State or its political subdivisions.
   (b)   The investing authority may also enter into a repurchase agreement under the terms of which agreement the investing authority purchases and the seller agrees unconditionally to repurchase any of the securities listed in subsection (a)(1) or (2) hereof. The investing authority also may sell any of such securities owned by the City under the same terms and conditions for repurchase.
   (c)   Any securities, certificates of deposit, deposit accounts, or any other documents evidencing deposits or investments made under authority of this section shall be issued in the name of the City with the investing authority as the designated payee. If any such deposits or investments are registrable either as to principal or interest, or both, they shall be registered in the name of the investing authority.
   (d)   The investing authority shall be responsible for the safekeeping of all documents evidencing a deposit or investment acquired under this section including, but not limited to, safekeeping receipts evidencing securities deposited with a qualified trustee, as provided in Ohio R.C. 135.37, and documents confirming the purchase of securities under a repurchase agreement and deposited with a qualified trustee.
   Upon the expiration of the term of office of an investing authority or in the event of a vacancy in the office for any reason, the officer or his/her legal representative shall transfer and deliver to his/her successor all documents mentioned in this section for which the officer has been responsible for safekeeping. For all such documents transferred and delivered, such officer shall be credited with, and his/her successor charged with, the amount of money so evidenced by such documents.
(Ord. 10-83. Passed 2-14-83; Ord. 29-05. Passed 4-25-05.)
143.06 RETURNED CHECK FEE.
   The Office of the City Auditor, the Income Tax Division and the Waters Sewer Billing office are authorized to charge a fee of fifteen dollars ($15.00) for each check returned from the City's depository bank for nonsufficient funds, stopped payment or for any other reason that invalidates the check.
(Ord. 99-91. Passed 10-14-91.)