[Adopted 2-10-1997 by Ord. No. 97-001]
[Added 2-18-1997 by Ord. No. 97-005;
amended 9-20-2004 by Ord. No. 04-011]
A.
Establishment of position. There is hereby established,
under the authority granted to the Mayor, the position of Director
of Finance in and for the City.
B.
Duties and responsibilities. The Director of Finance
shall manage, develop and maintain effective systems of financial
analysis of City operations, auditing, budget planning, central accounting,
risk management and investments. In addition, he or she shall serve
as financial advisor for City operations and shall direct staff in
the central accounting of funds. The Director shall work under the
general supervision and direction of the Mayor and Council and shall
work cooperatively with the City Manager on budget and finance matters.
The Director shall be responsible to the Mayor and Council and report
to them any recommendations necessary to establish and maintain an
efficient and honest financial operation.
C.
Appointment and term.
(1)
The appointment of the Director of Finance shall be
by the Mayor and Council after consultation with the City Manager.
(2)
The term of office shall be at will, meaning that
the employee may resign or quit at any time, with or without cause,
and that the City, by a majority vote of Council, may terminate the
employment relationship at any time, with or without cause.
D.
Salary and benefits.
(1)
The salary for the Director of Finance shall be set
by the Mayor and Council after consultation with the City Manager.
(2)
The Director shall be entitled to the minimum benefits
received by the other appointed officials. Additional benefits may
either be recommended by the City Manager or adopted by the Mayor
and Council after consultation with the City Manager.
(3)
Specific job duties and responsibilities may be further
established by the Mayor and Council or the City Manager.
Pursuant to the provisions of MCLA § 141.441
et seq., there is hereby established, in and for the City, a budget
stabilization fund to act as a receptacle for that portion of a surplus
in the general fund resulting from an excess of revenue in comparison
to expenses as may be allocated by Council each fiscal year. The amount
of money allocated to the budget stabilization fund and the appropriation
of money from said fund shall be as prescribed by the above-referenced
state statute.
