[Ord. No. 1299 §§2 — 3, 5-10-2007]
The Mayor, with the consent and approval of the majority of the members of the Board of Aldermen, may appoint a Financial Advisor as such is deemed advisable and necessary for the operations of the City and shall serve at the pleasure of the Mayor and Board of Aldermen.
The appointed Financial Advisor shall:
Attend meetings of the Board of Aldermen and present monthly financial reports;
Assist the Mayor and Board of Aldermen in the preparation of financial statements, including any financial statements required for publication;
Communicate with and provide reports and information to the City's Auditor for purposes of the City's audit;
Assist the Mayor and Board of Aldermen in the preparation of the City's annual budget and any amendments thereto;
Advise and assist the Mayor and Board of Aldermen with regard to financial recordkeeping;
Assist the City Clerk in financial or accounting matters as instructed by the Mayor; and
Assist the Mayor and perform such other functions as instructed by the Mayor.
Compensation for the Financial Advisor shall be determined by ordinance of the Board of Aldermen through the Board's budget process.