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HomeMy WebLinkAboutORDINANCE 1620-1994CITY OF KENAI ORDINANCE N0.1620-94 AN ORDINAI~TCE OF THE COUNCIL OF 'THE. CITY OF RENAI, AI,A-SKA, AMENDTNC~ TTIE KENAI MUNICfPAL CODE TO FORMALIZE CI'T'Y PO~CY REG,A-RDINO AUTHORITY OF THE FINANCE DIRECTOR TO CONTROL DISBURSEMENTS AND EXPENDITURES. WHEREAS, historically the City Manager has delegated the responsibility of supervising purchase order and travel voucher approval and ensuring compliance with city ordinances, policies, and procedures regarding those expenditures and disbursements to the City Treasurer-Finance Director; and WHEREAS, this informal delegation has caused some confusion over authority and responsibility; and WHEREAS, codification of that policy will enhance the strong, internal controls that have been in place for many years and clarify this situation; and WHEREAS, this ordinance codifies that policy while keeping the City Treasurer-Finance Director under the supen-isioA of the City Manager; and WHEREAS, this ordinance does not diminish the city Manager's authority under KMC 7.15.020; NC1W, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENA-I, A-I.ASKA THAT KMC 1.30.020 BE AMENDED TO READ: 1.30.020 go~ens and Duties: (a) The duties and powers of the City _..__~~ Treasurer-Finance Director shall consist of, but not necessarily be limited to, collection or receipt of all revenues or other funds of the City, maintenance of an accounting system or systems, maintenance of a system of Internal control of accounts, maintenance of a system of control and delivery of disbursements, and act as custodian of all City funds. The Ci~r „Tre___~u_xer- pra.~' .+~lsl~~„have b~g~„~o owed;, Deposit of the funds of the City sha11 be in such depositories as the Council shall from time to tune designate. The City Treasurer-Finance Director shall be bonded for 510,000 or such greater sum as the Council shall direct. ., .. :,. ,, ., ~~ . (b) In addition .to the duties enumerated above and not neces:rai~lY limited to the enumeration there orhere,.the Ci Txeasurer-Finance Director shall be responsible for ~nanaisl reporting of the status of the City's finances, shall est~tblisb and iriaintain inte~tial controls to carry ant the intent of the instructions . of the Cltiy manager at~d City Council aril .directions of the ordinances of the city of Kenai. (c) The City Treasurer-Finance' Director ahaU work. under the su~exvl~i©n of the G'~ty I~Ian~gdr~and shad be answerable: to the City manager in the p-erfoxma~ce Qgali duties invohred. The duties enumerated herein may be Changed or inc;~eased from time to that. . PASSED- BY THIS COUNCIL. OF T'HE CITY OF KENAf, ALASKA, this ,~„ day of 19514. ATTEST: Carol L. Frees, City Clerk December 12, 1994 • Introduced: Adopted: E~ec4ve: December 21, 1994 January 4, 1994 February 4, 1994 .:. .,.,.:.