The director of finance shall prepare and present to the city council in sufficient detail to show the exact financial condition of the city, the following reports:
A. A quarterly or more frequently as requested, statement of all receipts, disbursements and balance of the city;
B. An annual statement of report of the financial condition of the city; and
C. Such other financial reports as the city council or city manager directs.
(Ord. 306 § 4, 1983)