[HISTORY: Adopted by the City Council of the City of Troy 2-3-2011 by L.L. No. 1-2011; amended in its entirety 3-1-2018 by Ord. No. 9. Subsequent amendments noted where applicable.]
Section C-33-E of the City Charter of the City of Troy requires the Mayor to keep the City Council fully advised of the financial conditions and needs of the City. Section C-14-A-9 of the City Charter of the City of Troy requires the City Council to make all appropriations and reappropriations of City funds.
The purpose of this chapter to assist the Mayor in his or her obligations to keep the City Council informed and to assist the City Council in reviewing and properly making appropriations of City funds.
The City Comptroller shall provide to the City Council and to the Mayor a quarterly financial report in the format of revenues and expenditures as of the end of each fiscal quarter with a comparison to the prior fiscal year in the same time period for the General, Water and Sewer Funds. In accordance with the schedule below, for each fiscal year the reports will be due as follows: