In accordance with M.G.L. c. 43C, there is hereby established
the position of director of finance. The director of finance shall
be responsible to and appointed by the mayor, subject to confirmation
by the city council. The director of finance shall serve for a term
of four years coterminous with the four-year term of mayor.
(C.O. 04-50A § 1 (part))
The director of finance shall be a person especially fitted
by education, experience and training to perform the duties of the
office. The position of director of finance shall be a "special municipal
employee" position for purposes of M.G.L. c. 268A. The director of
finance may serve, ex-officio, as the auditor, treasurer, collector
or collector-treasurer of the city; provided, however, that no director
of finance shall serve, ex-officio, as both auditor and treasurer,
collector or collector-treasurer. If the director of finance serves
as treasurer and city collector or as auditor or has some other position
within city government, the financial interest of the director of
finance in such positions, whether it be treasurer and collector,
auditor or otherwise, shall be exempt from M.G.L. c. 268A, § 20.
The director of finance may serve as collector-treasurer or collector
without any effect on the tenure of the city collector.
(C.O. 04-50A § 1 (part))
A.
All
fiscal and financial matters and activities of the city, including
all data processing and computerization pertaining to financial matters,
performed by or under the authority of the city auditor, the city
treasurer, the city collector, the purchasing agent, the assessors,
the management information system department and the water and sewer
billing department, shall be under the supervision, direction and
control of the director of finance. The city auditor, city treasurer,
city collector, the purchasing agent, the assessors, the management
information system director and the officers or employees of the city
in charge of the water and sewer billing department shall report directly
to the director of finance on all financial matters. In addition to
supervising, directing and coordinating all city financial functions,
the director of finance shall have the following specific powers and
duties:
1.
Assist
the mayor in preparing the annual operating and capital budgets of
the city, as well as update the city's long-term capital improvement
plan;
2.
Coordinate
the timely preparation of the tax recapitulation sheet and the other
financial documents required by the department of revenue for establishment
of the yearly tax rate;
3.
Oversee
and administer all of the city's insurance programs, including the
group health insurance programs offered to the city's employees and
retirees;
4.
Oversee
and administer the water and sewer enterprise fund;
5.
Plan,
coordinate and implement the computerization and integration of accounting,
collection, assessing, billing and other financial and management
information systems;
6.
Direct
the city's purchasing and inventory control procedures; establish
clear guidelines regarding the role and authority of the purchasing
agent with respect to departmental purchasing;
7.
Direct
and coordinate city financial reporting to local, state and federal
agencies, as appropriate;
8.
Direct
and coordinate the flow of financial information between city departments;
9.
Oversee
the outside auditing of the city's finances;
10.
Develop and implement cash and debt management policies and procedures
for the city, and oversee all city investments; direct the issuance
of all short-term and long-term debt; coordinate the city's credit
review and rating; and oversee relations with the investment community;
11.
Coordinate and oversee all city activities related to the application
for, and receipt, expenditure and reporting of all grants or loans
from the federal or state governments or other sources;
12.
Prepare annual and multi-year financial plans for the city's executive
and legislative branches to assist in deliberations on major fiscal
policy issues and long term borrowing;
13.
Recommend to the mayor means and methods for improving the management
and efficiency of the city's financial operations.
(C.O. 04-50A § 1 (part))
Except as otherwise provided in Sections 2.20.010 through 2.20.030, nothing in this chapter shall otherwise effect the duties and responsibilities of any city officer, official or employee or the duties, responsibilities and structure of any city department, office or agency.
(C.O. 04-50A § 1 (part))
