§ 106.422. Financial report to be provided by City and independent agencies.

(a)

The City and the independent agencies shall submit the financial report in the form specified by the Council Auditor. A separate report shall be submitted for each fund or major group of accounts so that the separate activities of each reporting agency are separately reported and summarized. The Council Auditor is authorized to make rules concerning the number of financial reports that must be submitted by each agency and the funds or account groups for which separate reports must be submitted.

(b)

In addition to the forms specified in subsection (a), the Director of Finance and Administration of the City and the Chief Financial Officer of each independent agency shall submit a written report commenting on the fiscal condition of their respective agencies or the City. This report shall include comments regarding anticipated budget problems which may need to be addressed by the Council in addition to other information regarding the financial condition of the entity.

(c)

The Mayor shall certify, in each quarterly financial statement, that the employee caps are accurate and comply with the budgetary allowance for each department of the City. A schedule shall be submitted that shows information by subfund for each department disclosing the number of filled full time positions at the close of the quarter and the original and revised employee caps.

(Ord. 77-691-638, § 2; Ord. 83-591-400, § 1; Ord. 88-762-439, § 1; Ord. 2015-4-E , § 2; Ord. 2016-140-E , § 16)

Editor's note— Ordinance 2007-839-E, § 18, authorized updated department/division names pursuant to reorganization.

Note— Former § 126.422.