[Ord. No. 4763, 3-20-2023]
A.
The
City of Berkeley does hereby adopt the revised and updated Financial
Procedures Manual. Same is held on file in the City offices.
B.
The
Financial Accounting Procedures Manual provides information relating
to the financial administration, accounting rules and regulations
applicable to the City of Berkeley. The policies and procedures described
therein shall be used as a guide for any further development of the
accounting policies and procedures for the City. The City of Berkeley,
however, reserves the right to change or revoke this manual, permanently
or temporarily, if it is in the best interest of the City to do so.
[CC 1961 §4.12; Ord. No. 1205, 6-6-1960]
Pursuant to the Charter of the City of Berkeley, the City Manager
and Director of Finance are hereby authorized and directed to invest
in United States Government obligations, or place on time deposit
funds of the City not in immediate use and funds held by the City
in a fiduciary capacity. The interest and earnings received from the
aforesaid investments shall be received by the City and deposited
in the General Revenue Account to be used as other funds therein.
[Ord. No. 3614 §1, 3-15-2004]
Neither the City of Berkeley nor its officials shall lend its
credit or grant public money or property to any private individuals,
except for public benefit to be determined with an affirmative vote
by all seven (7) Council members.
[CC 1961 §4.18; Ord. No. 3321 §1, 4-3-1995]
In the event that any person should pay to the City on any account
or for any reason by check and such check after presentation by the
City is returned insufficient or uncollectible or not honored for
any reason, then such person shall pay to the City an additional amount
of twenty-five dollars ($25.00) for processing and expenses incurred
therein in addition to the payment of the original amount.
