[Ord. 835-70, 12/14/1970]
An independent auditor shall be appointed annually by resolution of Borough Council before the close of the fiscal year to make an independent examination of the accounting records of the Borough for such a fiscal year and to perform the other duties and exercise the powers conferred upon him by the Borough Code. Such independent auditor shall be a certified public accountant, registered in Pennsylvania, a firm of certified public accountants so registered or a competent public accountant or a competent firm of public accountants.
[Ord. 1422-14, 12/8/2014]
Financial policies may be established and revised from time to time by resolution adopted by the Borough Council for the purpose of setting forth guidelines for the management of the fiscal affairs of the Borough of Gettysburg to include, but not limited to, financial policies relative to the general fund balance, nonrecurring revenues, the funding of capital expenditures and the annual budget process.
[Ord. 1422-14, 12/8/2014]
Consistent with the establishment and implementation of financial policies of the Borough of Gettysburg, the following new funds shall be created in order to establish and maintain a fund balance:
A. 
Capital Projects Bond Fund: a restricted fund of the Borough of Gettysburg to be used to account for monies in the issuance of municipal bonds to be used for the acquisition or construction of major capital facilities.
B. 
Debt Service Fund: a partially restricted fund of the Borough of Gettysburg used to account for monies accumulated for the payment of principal and interest on bonds issued, loans and other forms of indebtedness incurred by the Borough of Gettysburg.
C. 
Revolving Loan Fund: a restricted fund of the Borough of Gettysburg used to account for revenues generated by municipal activities of the Borough of Gettysburg financed primarily by such activities.