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Accounts shall be dept by the Auditor, showing the financial transactions of all departments of the City. Forms for all such accounts shall be prescribed by the Auditor, with the approval of the City Manager. Accounts shall be kept in such a manner as to show fully at all times the financial condition of the City. The Auditor shall furnish to the City Manager, prior to the first regular meeting of the City Council in each month, a report containing in detail the receipts and disbursements of the City on all accounts, the expenditures made and the obligations incurred during the preceding calendar month, and a balance sheet showing the financial
condition of the City, of the several funds and the total unexpended balance to the credit of each department or appropriation account.
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