The office of the Village Clerk shall maintain such accounting records and provide such detailed financial reports to the Village Manager and Village Board necessary to make possible proper budgetary control of Village expenditures, except for the Municipal Water Utility.
The Municipal Water Utility shall keep separate detailed accounting of its funds and provide periodic accounting reports to the Manager and the Village Board, in order to meet the requirements of the Wisconsin Public Service Commission.
All Village accounts shall be audited by a competent certified public accountant at least once a year.