[CC 1991 §2-234; Ord. No. 100 §1, 12-21-1954]
The fiscal year of the City and all its departments shall be the twelve (12) months beginning on the first (1st) day of July in each year.
[CC 1991 §2-235; Ord. No. 100 §2, 12-21-1954]
No money shall be paid out of the Treasury except 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. No warrant shall be drawn upon the Treasurer nor shall any ordinance appropriating money be passed, unless there is an unexpended balance to the credit of the City in the fund in the Treasury upon which such warrant is drawn to meet such warrant, or a sufficient sum of unappropriated money in the fund in the Treasury upon which such ordinance is drawn, to meet such ordinance.
[CC 1991 §2-236; Ord. No. 100 §5, 12-21-1954; Ord. No. 501 §1, 11-13-1973; Ord. No. 681 §1, 5-8-1984; Ord. No. 838 §1, 12-13-1989]
In accordance with Sections 79.110, 95.355, 110.010, 110.020 and 110.040, RSMo., the Board of Aldermen, at their first (1st) regular meeting in the months of January, April, July and October of each year, shall receive the report of the Treasurer on the banking arrangements for the funds of the City and shall review such banking arrangements and may thereafter select one (1) or more depositories for the funds of the City for the length of time, upon the terms and under the conditions as the Board shall determine to be in the best interests of the City. The selection of a depository shall be accomplished on written resolution duly passed by the Board of Aldermen and such resolution shall prescribe and approve the form of banking agreement between the City and such depository in each instance.
[CC 1991 §2-237; Ord. No. 2005-1470 §1, 9-20-2005]
Order Of General Authorization. The Board of Aldermen hereby authorizes and approves payment of any bills payable by the City falling in the following categories upon review and written approval by the City Administrator and appropriate department head:
Bills totaling less than five thousand dollars ($5,000.00) to any single recipient for which funds have been budgeted and for which funds are available.
Payments on contractual obligations if:
The contract (or appropriate portion thereof) has been fulfilled by the payee;
The contract and the amount thereof were approved by the Board of Aldermen;
The amount to be paid together with any amounts previously paid is within the amount approved by the Board of Aldermen; and
Funds have been budgeted and are available for the expenditure.
Payroll and any mandated payments related to payroll and employee benefits including Federal and State tax deposits, Social Security taxes, pension contribution, group health insurance premiums, voluntary payroll deductions, orders of support and garnishment.
Execution Of Checks. No checks shall be issued by the City or be honored by the bank on which it is drawn unless signed by two (2) of the following City Officials: Mayor, City Administrator, City Clerk, Acting President of the Board of Aldermen, Treasurer, Assistant Treasurer.
[Ord. No. 2006-1485 §1, 1-17-2006]
The Finance Officer shall be hired by the City Administrator with the consent of the Mayor and Board of Aldermen.
[Ord. No. 2006-1485 §2, 1-17-2006]
The Finance Officer 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 Treasurer and 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 including, but not limited to, safeguarding the City assets, preparing annual budget documents and monthly financial reports, coordinating payroll and personnel functions, accounts receivable and payable and audit reports.
[CC 1991 §2-165; Ord. No. 826 §1, 10-5-1989]
There is hereby established a special fund of the City to be known as the "Frontenac Forfeited Property Fund" to receive monies paid to the City for properties forfeited pursuant to applicable State or Federal Statutes.
Monies deposited in this fund shall be held by the City Treasurer as a separate fund to be used exclusively to purchase law enforcement equipment or engage in law enforcement activities over and above items otherwise covered by the regular City budget.