[R.O. 2009 §105.230; CC 1976 §2-214; R.O. 1954
§70]
The Treasurer shall report to the Board of Aldermen, on or before
the first (1st) day of each month, the amount of receipts and expenditures
of the Treasury and the amount of money on hand.
[R.O. 2009 §105.240; CC 1976 §2-216; R.O. 1954
§70]
No money shall be paid out of the Treasury except on a warrant
signed by the Mayor and attested by the City Clerk. No warrant shall
be drawn upon the Treasurer, nor shall any ordinance appropriating
money be passed, unless there is an unexpended balance to the credit
of the City in the fund in the Treasury upon which such warrant is
drawn, to meet such warrant, or a sufficient sum of unappropriated
money in the fund in the Treasury upon which such ordinance is drawn,
to meet such ordinance. Every bill that contemplates the payment of
money shall, upon its second (2nd) reading, be referred to the Treasurer,
or the person acting as Treasurer for his endorsement, to the effect
that a sufficient sum stands to the credit of the City, unappropriated,
in the fund covered by such ordinance, to meet the requirements of
such bill. He shall procure and keep, at the expense of the City,
a well-bound book, in which he shall make an entry of all warrants
presented to him for payment, which shall have been legally drawn
for money, stating correctly the date, amount, number, in whose favor
drawn, and the date the same was presented; and all warrants so presented
shall be paid in the order in which they shall be presented for payment.
When warrants are presented for payment, if there is no money in the
Treasury applicable for that purpose, the Treasurer shall so certify
on the back of the warrant, and date and subscribe the same and all
such warrants, so dated and subscribed, shall draw legal interest
until funds for the payment of the same shall have been set apart,
as may be provided by direction of the Board of Aldermen.
[R.O. 2009 §105.250; CC 1976 §2-217; Ord. No. 1500 §1, 1-20-1992]
The City Treasurer shall receive no compensation.