The following standards shall be observed on a regular basis by the office of the Director of Finance:
(a) Village financial accounts shall be balanced on a monthly basis by the tenth day of the following month.
(b) Purchase orders are to be signed by the Director not more than two working days upon receipt unless there is a specific question about the legality. This question should then be posed, in writing, in this same period.
(c) Check release forms are to be signed by the Director not more than two working days upon receipt unless there is a specific question about the bill. This question should then be posed, in writing, in this same period.
(d) Checks are to be written on the tenth and twenty-fourth days of each month.
(e) Transfers are to be done on the working day immediately following Council passage.
(f) Reports that need the Director’s signature or information from the office shall be done on a timely basis.
(g) The Director shall give to Council a full and complete monthly statement as to where Village funds are invested.