Chapter 3.04 Fiscal Procedures Generally
Chapter 3.04
FISCAL PROCEDURES GENERALLY
Sections:
3.04.010 Fiscal year.
3.04.020 Withdrawal of funds.
3.04.030 Audit.
3.04.010 Fiscal year. The fiscal year of the city is established as beginning each first of July and running until the next following thirtieth of June, when, at such time, a new fiscal year begins. (Ord. 100 §5.05.00, 1981)
3.04.020 Withdrawal of funds. A. No city funds shall be disbursed without approval of a quorum of the member of the city council. Approval may be either specific or general in nature.
B. Signature of the city checks shall be by any two of the council members, or other city officials, whose signatures will also be placed on the signature card with the bank. (Ord. 100 §5.05.05, 1981)
3.04.030 Audit. The council may make contracts or agreements with a person, association or corporation for a periodic audit of the city’s finances, or the council may, if it so decides, audit its own books; however, the cost of an independent audit, by the citizen himself, is not an expense to the city. (Ord. 100 §5.05.10, 1981)