[R.O. 1992 § 170.010; R.O. of 1942, § 373; Ord. No. 6312 § 1, 3-16-1987]
The fiscal year of the City shall
commence on the first day of October and end on the last day of September
in each year, and the books, accounts and records of officers shall
be made to conform thereto.
[R.O. 1992 § 170.020; Ord. No. 3877 § 1, 6-21-1971]
The City Council shall hire an independent
auditing firm of qualified accountants to conduct an annual audit
of the books of the City, as of the close of the fiscal year, and
the results thereof reported to the City Council upon the completion
of that audit.
[R.O. 1992 § 170.050; R.O. of 1942, § 660;
CC 1970 § 9-4]
For the support of the City Government,
the payment of the outstanding debt and for the advancement of the
public interest and improvement of the City, taxes shall be levied
on all property, real and personal, subject to taxation for State,
County or City purposes.
[R.O. 1992 § 170.060; R.O. of 1942, § 661;
CC 1970 § 9-5; Ord. No. 7230, 6-15-1992]
It shall be the duty of the Mayor
and the City Council, at the first meeting of the Council in August
of each year, or as soon thereafter as the Assessor's book is returned
from the Board of Equalization, as provided in this Chapter, to establish
by ordinance the rate of taxes to be levied, assessed and collected
on the assessed valuation of real estate and personal property within
the City, subject to taxation for City purposes.
[R.O. 1992 § 170.070; R.O. of 1942, § 662;
CC 1970 § 9-6]
The tax authorized by Section
140.050 for paying interest and principal of the bonded indebtedness of the City shall be set apart and faithfully appropriated for those purposes and no other.
[R.O. 1992 § 170.090; R.O. of 1942 § 71;
CC 1970 § 9-8; Ord. No. 04-9599 § 1, 6-7-2004]
No money shall be paid out of the
Treasury except on checks signed by the Mayor or person acting in
his/her stead or the City Clerk and by the Treasurer or Deputy Treasurer.
No check shall be drawn on the Treasury nor shall any ordinance appropriating
money be passed, unless there is an unexpended balance in the Treasury
to the credit of the City to meet such check or a sufficient sum in
the respective fund, unappropriated, to meet such ordinance. Facsimile
ore electronic signatures of the City Clerk and City Treasurer through
the accounting software may be used for all checks up to an amount
of four thousand nine hundred ninety-nine dollars and ninety-nine
cents ($4,999.99). For all checks in excess of that amount, manual
signatures shall be required.