[Amended 2-7-2000 by Ord. No. 440]
[Amended 5-7-2018 by Ord. No. 499]
The City Administrator or his/her designee shall be responsible for establishing and maintaining funds necessary for adequately accounting for the City's funds in accordance with generally accepted accounting practices.
At least once each year, the City shall have the books and records of all funds audited by independent public accountants in accordance with generally accepted accounting principles and in accordance with federal and state regulations.
[Amended 5-7-2018 by Ord. No. 499]
The City Administrator or his/her designee shall be responsible for reporting the results of the annual audit to the public in accordance with state and federal regulations on an annual basis.