Paradise Municipal Code Ch. 2.16 Finance Department

Footnotes:

--- (1) ---

Prior ordinance history: Ord. 307.

The finance department of the town is established. The functions of the finance department shall include:

A. To prepare and submit to the town clerk, the town manager and the council a monthly written report and accounting of all receipts and disbursements; to prepare and submit at a regular council meeting a quarterly report of all revenues and expenditures; to coordinate the independent annual audit at the end of each fiscal year; and to assist the town manager in the preparation of the proposed budget before the beginning of each fiscal year;

B. To receive or collect all moneys or revenues due the town; to maintain and safely keep all public funds and securities belonging to or under the control of the town, depositing funds in accordance with town investment policies and applicable law;

C. To maintain a general accounting system for the town government, supervising and controlling disbursements and expenditures, including payroll, through a system of budget control to assure that moneys are available and appropriated;

D. To procure materials, supplies and general services for the town and to prepare and maintain a current inventory of general assets belonging to the town;

E. To provide general office services to other departments of the town as may be determined appropriate;

F. To estimate, plan and program the town's financial activities and to advise the town manager, council and other officers;

G. To perform such other duties as the town manager may direct.

(Ord. 358 § 2(part), 2001)

The finance department shall be managed by the finance director who shall be appointed by the town manager with the approval of the town council and shall be subject to the town manager's general managerial and administrative direction. In addition, the finance director shall serve as the town treasurer.

(Ord No. 485 § 1, 2008: Ord. 358 § 2(part), 2001)

The finance director shall be responsible for the management and administration of the finance department and shall perform all duties as required by the town manager and Section 2.16.010. In addition, the finance director shall perform the duties of the town treasurer under chapter 2.18.

(Ord No. 485 § 2, 2008: Ord. 358 § 2(part), 2001)

Editor's note— Ord. No. 485, § 2, adopted August 12, 2008, contained a scrivener's error amending § 2.26.025. At the editor's discretion, these provisions have been set out herein as amending § 2.16.025.

The finance and investment committee of the town is created and established. The committee shall consist of the mayor, vice-mayor, town manager, assistant town manager, finance director and town treasurer and meet on a regular quarterly basis.

(Ord. 358 § 2(part), 2001)

The finance and investment committee shall provide oversight of the town's financial, public financing and investment activities and ensure that all such activities are in accordance with all applicable state and local laws, regulations and policies.

(Ord. 358 § 2(part), 2001)