The Mayor, with the approval of the Board of Aldermen, shall
appoint a suitable person as City Treasurer who shall hold office
for an indefinite term.
The treasurer shall receive and safely keep all money of the
City which may come into his hands, and shall disburse the money only
upon warrants properly drawn, and which are signed by the Mayor and
attested by the City Clerk. He shall keep, in a set of books provided
for that purpose, a full and accurate account of all money received
and disbursed by him on behalf of the City specifying the date of
receipt or disbursement from whom received to whom disbursed and on
what account received and disbursed. He shall keep a separate account
of each fund and appropriation, and the debits and credits belonging
thereto. He shall keep a register of all warrants paid into the treasury,
describing such warrants by their date, number, name of payee and
amount, specifying the time of receipt thereof, from whom received
and on what account. He shall issue duplicate receipts for all sums
of money which may be paid into the treasury, specifying in such receipts
the date of payment and upon what account paid. One of these receipts
shall be given to the person making the payment and the other he shall
file with the City Clerk who shall thereupon credit the person named
in the receipt with the amount of his payment and charge the treasure
with the same. On the last week of each month he shall furnish the
City Clerk with a written statement showing the balance in the treasury
at the beginning of the month, the amount received during the month
and on what account received, the amounts disbursed during the month
and on what account disbursed, and the balance remaining to the credit
of each fund and constituting the general balance in the treasury
at the close of business on the date when such statement is made as
aforesaid. He shall receive and safely keep all warrants, bonds and
obligations of the City entrusted to his care and shall dispose of
the same only upon proper authority from the Board of Aldermen, or
as provided by this Code or other ordinances. He shall provide to
the City collector a copy of the extended taxes by August 1, charging
the collector with the amounts of taxes due as shown by tax records;
and shall perform such other duties as may be required of him. He
shall prepare semiannually a statement of the receipts and expenditures
of the City, and cause the same to be published in the legal newspaper
and a local newspaper both of general circulation.
The City Treasurer shall report annually to the Board of Aldermen,
the amount of receipts and disbursements of the treasury during the
preceding year, the balance remaining to the credit of each fund and
constituting the general balance in the treasury on the first day
of January; also the amount of bonds maturing in the succeeding year
for the redemption of which provision must be made, and the amount
of money required to pay the interest falling due on the indebtedness
of the City during such year.
The City Treasurer and City Clerk shall have free access to
each other's offices for the inspection of all books, accounts and
papers which they respectively contain, and free access to all other
offices of this City for the inspection of such books, accounts and
papers as concern any of their duties.
The treasurer shall receive as full compensation such a sum
as shall be, from time to time, fixed by the Board of Aldermen.