[Ord. No. 946 §§1 — 6, 5-19-1981]
A. 
The Mayor with the consent and approval of the Board of Aldermen shall appoint some qualified resident of the City to the office of Finance Manager.
B. 
The Finance Manager shall receive and safely keep all monies, warrants, books, bonds and obligations entrusted to his/her care, and shall pay over all monies, bonds or other obligations of the City on warrants or orders duly drawn, passed or ordered by the Board of Aldermen, and signed by the Mayor and attested by the City Clerk, and having the Seal of the City affixed thereto and not otherwise, and shall perform such other duties as may be required of him/her by ordinance. The term of office of the Finance Manager shall be one (1) year, and he/she shall serve until the next regular City election and until his/her successor is appointed and qualified.
C. 
It shall further be the duty of the Finance Manager to handle and be responsible for all City funds and he/she shall account for same. He/she shall maintain books and accounts showing all receipts and disbursements of the City. He/she shall prepare or cause to be prepared the financial statements required by law to be made and published by the City. The Finance Manager shall have such further powers and duties as are now or may in the future be prescribed for this office by the laws of this State or the ordinances of the City.
D. 
The Finance Manager shall give bond in favor of the City in the sum of fifty thousand dollars ($50,000.00) with such surety or sureties and on such terms as may be required from time to time by the Mayor or Board of Aldermen, conditioned on the faithful performance of his/her duties as Finance Manager. The cost of said bond shall be paid by the City from its General Revenue Fund.
E. 
The Finance Manager shall also be the Budget Director with the authority to audit all City accounts and with all of the authority as set out by State Statute.