Loading...
The most current edition of the Municipal Accounting Manual (MAM) for state municipalities, published by the state department of legislative audit; Government Accounting, Auditing and Financial Reporting (GAAFR), published by the Government Finance Officers Association and the Governmental Accounting Standards Board (GASB), are hereby adopted by the city to govern its financial procedures.
(1957 Rev. Ords., §§ 2.301—2.305; 1992 Code, § 2-51)
All money belonging to the city derived from taxation, licenses, fines, forfeitures, the operation of waterworks or other public utility owned or operated by the city, or from any other source, shall be paid into the city treasury, and the city council shall designate by ordinance to what fund or funds the money shall be applied as provided by law.
(1957 Rev. Ords., § 2.307; 1992 Code, § 2-52)
Cross-reference:
Licenses, see ch. 110
Taxation, see ch. 37
(a) There is hereby created for the city a department of finance.
(b) The department of finance shall be managed and directed by the city finance officer, who shall be appointed as provided by the charter, and who shall file a bond in the amount of $250,000.
(c) The city finance officer shall perform all the duties of the city auditor and city treasurer, as provided by law in the South Dakota Codified Laws and in the ordinances of the city.
(d) All references made in the South Dakota Codified Laws and the City Code to the city auditor and city treasurer shall be construed to mean the city finance officer.
(1992 Code, § 2-54) (Ord. 101-76, passed 11-29-1976; Ord. 97-97, passed 12-15-1997)
Loading...