[Ord. No. 1299 §§2 —
3, 5-10-2007]
A. The Mayor,
with the consent and approval of the majority of the members of the
Board of Aldermen, may appoint a Financial Advisor as such is deemed
advisable and necessary for the operations of the City and shall serve
at the pleasure of the Mayor and Board of Aldermen.
B. The appointed
Financial Advisor shall:
1. Attend
meetings of the Board of Aldermen and present monthly financial reports;
2. Assist
the Mayor and Board of Aldermen in the preparation of financial statements,
including any financial statements required for publication;
3. Communicate
with and provide reports and information to the City's Auditor for
purposes of the City's audit;
4. Assist
the Mayor and Board of Aldermen in the preparation of the City's annual
budget and any amendments thereto;
5. Advise
and assist the Mayor and Board of Aldermen with regard to financial
recordkeeping;
6. Assist
the City Clerk in financial or accounting matters as instructed by
the Mayor; and
7. Assist
the Mayor and perform such other functions as instructed by the Mayor.
C. Compensation
for the Financial Advisor shall be determined by ordinance of the
Board of Aldermen through the Board's budget process.