There is created the City office of City Auditor, who shall be appointed by the Mayor by and with the advice and consent of the City Council.
It shall be the duty of the City Auditor to work with and assist the City Treasurer, the Mayor and the City Council in preparing and enacting: 1) budgets and budget ordinances of the City; 2) the annual City appropriation ordinance; and 3) the annual City tax levy ordinance. The City Auditor shall work with and assist the City Treasurer in the keeping of books and accounts regarding the receipts and disbursements of City funds (pursuant to § 79-5.6 of this chapter) and the City Treasurer's annual report to the City Council, (pursuant to § 42-2.4 of this Code).
The City Auditor shall assist the City Treasurer in rendering the monthly report of the City Treasurer to the City Council regarding the receipts and expenditures of the City as shown on the books of the City Treasurer (pursuant to § 79-5.7 of this chapter).
[Amended at time of adoption of Code (see Ch. 1, General Provisions, Art. I)]
The City Auditor shall conduct an annual audit in accordance with Chapter 42, § 42-2.4, of the City Code.
The City Auditor shall be the financial adviser of the City, and shall render advice on all financial questions affecting the City whenever requested to do so by any City official. The City Auditor shall evaluate and render financial advice and recommendations to the Mayor and the City Council regarding bond issues and other types of City financing and financial matters. Upon request by the Mayor or the City Council, the City Auditor shall render written opinions regarding financial matters.
[Amended at time of adoption of Code (see Ch. 1, General Provisions, Art. I)]
The City Auditor shall be a Certified Public Accountant licensed as such by the Illinois Department of Financial and Professional Regulation. Pursuant to 65 ILCS 5/3.1-10.6 of the Illinois Municipal Code, the City Auditor shall not be required to be an elector or resident of the City.
[Amended at time of adoption of Code (see Ch. 1, General Provisions, Art. I)]
The annual salary to be paid to the City Auditor shall be set in the annual budget or appropriation ordinance. In addition thereto, the City Auditor shall be entitled to additional compensation for special projects requiring additional time, effort and expertise, including but not limited to general obligation and/or revenue bond financing in which the City may, from time to time, be involved. The terms and amounts of increased compensation for special projects will be agreed upon between the City Auditor and the corporate authorities prior to the City Auditor engaging in such special projects.