[R.O. 1988 § 13-1; Ord. No. 1019 § 9]
The City Council shall, semi-annually, in January and July of each year, publish a full and detailed statement of the receipts and expenditures and indebtedness of the City for the half year ending on December 31 and June 30 preceding the date of such report, which statement shall be published in some newspaper published in the City.
[R.O. 1988 § 13-4; Ord. No. 3198 §§ 1 — 2, 7-7-1997]
(a) 
This Section of the Rolla City Code is hereby amended by including the "Purchasing Manual" of the City of Rolla, Missouri, adopted by Res. No. 1358, dated November 11, 1999.
(b) 
The City of Rolla "Purchasing Manual" shall be adopted and amended to read as follows: "The City reserves the right to consider the distance of the bidding firm from the City of Rolla, the bidding firm's utilization of local resources or labor in fulfilling the bid and/or the City's past experience in receipt of services or material from the bidding firm in determining what constitutes the lowest and best bid."
[R.O. 1988 § 13-5; Ord. No. 3625 § 1, 5-17-2004; Ord. No. 3767 § 1,10-2-2006]
The Audit Committee is hereby established consisting of five (5) members. The members of the committee shall include three (3) members from the City Council, representing the widest range of the City possible, having been appointed by the Mayor subject to the consent and ratification of the City Council. The term shall be annual and members shall be eligible to succeed themselves. The City Administrator and Finance Director shall also be members of the Committee.
[R.O. 1988 § 13-6; Ord. No. 3625 § 1, 5-17-2004]
The Audit Committee shall serve as an advisory committee to the Mayor and City Council. The Committee may participate in the selection of the auditing firms, participate in the review of the City's investment program and make recommendations on major financial matters to the City Council as needed. The Committee shall also participate in the pre-audit as well as the post-audit. The Committee shall foster communication between auditors, staff, Council members and the Mayor to provide a better understanding of the City's financial affairs.