[Adopted as Ch. 2, Art. 6 of the 1972 City Code]
The Finance Director shall be appointed by the Mayor upon recommendation
of City Manager and subject to confirmation by the City Council.
The Finance Director, prior to entering into or performing his/her
duties, shall take an oath or affirmation complying with the provisions
of NMSA 1978, § 3-10-2, as amended, and shall be bonded
in an amount equal to 20% of the public monies received by the municipality
in the preceding year, to a maximum bond amount of $50,000, pursuant
to NMSA 1978, § 6-10-38, as amended.
The Finance Director shall:
A.
Attend all meetings of the governing body personally or through his/her
designee.
B.
Supervise the depositing and safekeeping of all money belonging to
the municipality, and with the advice and consent of the governing
body shall designate banks qualified to receive or deposit money entrusted
to his/her care (NMSA 1978, § 3-37-1).
C.
Receive all moneys belonging to the municipality.
D.
Keep the accounts and records in the manner prescribed by law and
accepted accounting principals.
E.
Prepare, propose and modify annual budgets for approval by the governing
body and by the local government division of the Department of Finance
and Administration.
F.
Expend money only as directed by the governing body pursuant to applicable
state law and Department of Finance and Administration rules and regulations.
G.
Submit monthly, or more often if required by the governing body,
a report of the receipts and expenditures of the municipality.
H.
Prepare annually, at the close of the fiscal year, a financial report
showing the receipts, expenditures and balances for each fund. A copy
of the financial report shall be filed in the office of the City Clerk
as a public document (NMSA 1978, § 3-37-3).
I.
Perform all other financial and supervisory duties and make all reports
which are required by the laws of the State of New Mexico or assigned
by the City Manager.
Any Finance Director who resigns or is removed from office shall
immediately deliver to the City Clerk by memorandum all money, records,
property or other things in his/her charge and belonging to the municipality,
including any work product created by him/her.
