Rosemead Municipal Code Ch. 2.20 Director of Finance/Treasurer

Office of Director of Finance/Treasurer and Purchasing Officer. Pursuant to Section 40805.5 of the Government Code of the state of California, the Office of Director of Finance is established, and the duties provided for in Government Code Sections 40802, 40803, 40804 and 40805 are transferred from the City Clerk to the Director of Finance. The Director of Finance/Treasurer shall also be the Purchasing Officer and shall be appointed by the City Manager on the basis of his or her professional and administrative qualifications and ability and shall serve as a department head at the pleasure of the City Manager.

With the approval of the City Council, the City Manager may be appointed the Director of Finance/Treasurer and perform the functions thereof, including the appointment of a deputy or deputies and the delegation to other employees of the functions of the office.

(Prior code § 2204)

(Ord. 920, § 7, 10-11-11)

The Director of Finance/Treasurer shall be vested and charged with the following powers, duties and responsibilities:

A. To have charge of the administration of the financial affairs of the City;

B. To assist the City Manager in preparing the annual budget for submission to the City Council, and to administer it after adoption;

C. To keep the City Manager fully informed on the financial condition and needs of the City;

D. To serve as the Accounting Officer of the City and maintain records readily reflecting the financial condition of the City;

E. To prepare for presentation to the City Council at the end of each fiscal year a summary statement of receipts and disbursements by departments and funds, including opening and closing fund balances in the treasury;

F. To cause the financial statement of the City to be published in a newspaper of general circulation printed and published in the City, within one hundred twenty (120) days after the close of the fiscal year for which such statement is compiled;

G. To audit and approve before payment all bills, invoices, payrolls, demands or charges against the City, and with the advice of the City Attorney when necessary, determine the regularity, legality and correctness of such claims, demands and charges;

H. Supervise the keeping of current inventories of all property of the City by all City departments, offices and agencies;

I. Perform such other duties as may be imposed upon him or her by ordinance or directive of the City Manager;

J. To serve on the Finance Committee as set forth in Chapter 2.36 of this code;

K. To act as Purchasing Officer as set forth in Chapter 3.24, if so designated by the City Manager.

L. Receive and have custody of all moneys receivable by the City from any source;

M. Deposit all moneys received in such depositories as may be designated by resolution of the City Council;

N. Disburse moneys on demands properly audited and approved in the manner provided for;

O. Prepare and submit to the City Clerk monthly written reports of all receipts, disbursements and fund balances, copies of which reports shall be filed with the City Manager, and City Council;

P. Discharge any other financial duties which may from time to time be assigned by the City Manager;

Q. Serve as chair of the Investment Committee;

R. Review and sign all investment documents to verify that they are in compliance with applicable laws and regulations.

S. Preparation of cash flow projections for use in determining moneys available for investment by the City;

T. Collection of taxes and license fees;

U. Preparation of a monthly report of receipts, disbursements, and fund balances as required by Government Code Section 41004;

V. Preparation of demand listing and checks or warrants, and payment thereof;

W. Receipt and deposit of money via the use of prenumbered receipt forms, cash register machines, cash journals, deposit slips and coordination of night deposits at all receiving points.

(Prior code § 2205)

(Ord. 920, § 7, 10-11-11; Ord. No. 988, § 5, 6-25-19)

Editor's note— Ord. 920, § 7, adopted October 22, 2011, repealed § 2.20.030, which pertained to the finance director and derived from Prior code § 2206.