Article 2-25

FINANCE DIRECTOR

Sections:

2-25.010 Creation of office; appointment. 2-25.020 Duties and responsibilities. 2-25.030 Transfer of financial and accounting duties of City Clerk. 2-25.040 Deposit and investment of City funds.

The office of Finance Director is created and established pursuant to Sections 40805.5 and 37209 of the Government Code. The Finance Director shall be appointed by the City Manager and shall serve at the pleasure of the City Manager in accordance with this Code. (Amended by Ord. 234 § 2 (part), 2005)

The Finance Director shall have the following duties and responsibilities:

(a) Maintain and operate the general accounting system of the City and each of the respective divisions and services of the City.

(2) An annual statement of the financial condition of the City.

(3) Such other financial reports as the City Council or the City Manager may request.

(i) Perform such other additional duties and functions as may be directed by the City Council or the City Manager.

Pursuant to Sections 40805.5 and 37209 of the Government Code, the duties imposed upon the City Clerk under Sections 37201 through 37208 of the Government Code, and the financial and accounting duties imposed upon the City Clerk under Sections 40802 through 40805 of the Government Code are transferred to the Finance Director.

2-25.040 Deposit and investment of City funds. All funds belonging to the City shall be kept by the Finance Director in such banks or depositories or in such investments as the City Council may direct or approve.

(b) Maintain, or prescribe and require the maintaining of inventory records of City properties necessary to comply with current municipal accounting practices.

(c) Perform the functions and duties relating to the administration and collection of taxes, assessments, fees and other charges levied by or payable to the City.

(d) Perform the duties relating to preparing, auditing, presenting and disbursing claims and demands against the City, including payrolls.

(e) Assist in the purchase of supplies, goods, merchandise, equipment and materials required by the City.

(f) Assist in the preparation of the annual budget and in the administration of the budget.

(g) Cooperate with the City Manager and other officials of the City in establishing and maintaining sufficient and satisfactory procedures and controls over revenues and expenditures in all departments, divisions and services of the City, in accordance with current municipal accounting practice.

(h) Prepare or cause to be prepared and present to the City Council in sufficient detail to show the exact financial condition of the City, the following reports:

(1) A quarterly, or more frequently as requested, statement of all receipts, disbursements and balance of City funds.

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(Saratoga Supp. No. 57, 1-26)

2-30.010