There is hereby created a Department of Finance and Audits to be headed by an officer known as the Finance Director. This office shall be held by a person especially qualified by education and experience for such position.
The City Manager, with the concurrence of a majority of the members of the City Commission, shall appoint a Finance Director who shall hold office at the pleasure of the City Manager. He or she shall be the custodian of all moneys of the Municipality, and shall keep and preserve the same in such manner and in such place or places as shall be determined by the City Commission.
In addition to such duties he or she shall perform such other duties as may be required of him or her by the City Manager as well as such as may be required of finance directors and City auditors by the general law of the State applicable to municipalities and not inconsistent with this Charter or with any ordinance or resolution that may be passed by the City Commission.
He or she shall issue all warrants for payment of money by the City and shall require the signature of the City Manager to all such warrants in addition to that of his or her own and that of the head of the department for which the money is drawn and appropriated. He or she shall keep an accurate account of all taxes and assessments, of all money due to and all receipts and disbursements by, the Municipality, of all its assets and liabilities, and of all appropriations made by the City Commission.
He or she may prescribe the form of reports to be rendered to his or her department, and the method of keeping accounts by all other departments, and he or she shall require daily reports to be made to him or her by each department, showing the receipt of all moneys by such department and the disposition thereof. Upon the death, resignation, removal, or expiration of the term of any officer, the Finance Director shall audit or cause to be audited the accounts of such officer, and if such officer shall be found to be indebted to the Municipality, he or she shall immediately give notice thereof to the City Manager, City Commission, and the Law Director; and the latter shall forthwith proceed to collect the same.
At least quarterly during each year, the Department of Finance and Audits shall file with the City Commission, a complete statement of the financial condition of the Municipality upon blanks to be prepared to the satisfaction of the City Commission -which blanks shall show fully and in detail the exact status of each of the City's funds, the receipts and disbursements of each department or office of the City for the quarter, and a comparative statement covering the same related period of the 2 consecutive years just prior, as well as such other information as shall be required by the City Commission.
The Finance Director shall give surety bond in a company authorized to do business in Ohio in such amount as the City Commission may determine and the City shall pay the premium therefor.
Wherever in this Charter the term "City Treasurer" is used it shall be deemed to refer to Finance Director pursuant to this section.
(Amended 11-3-15)