HomeMy WebLinkAbout96-14 General Finances of the City of Costa Mesa and the Finance DirectorORDINANCE NO. 96- !�
AN -ORDINANCE OF THE CITY COUNCIL OF THE CITY OF
COSTA MESA, CALIFORNIA, AMENDING ARTICLE 1 OF
CHAPTER V OF TITLE 2 OF THE COSTA MESA MUNICIPAL
CODE PERTAINING TO. GENERAL FINANCES OF THE CITY OF
COSTA MESA AND OF THE FINANCE DIRECTOR.
THE CITY COUNCIL OF THE CITY OF COSTA MESA DOES HEREBY ORDAIN AS
FOLLOWS:
Section 1. Article 1 of Chapter V of Title 2 of the Costa Mesa Municipal Code is
hereby amended to read as follows:
"ARTICLE 1. GENERALLY.
Sec. 2-152. Office of Director of Finance, Powers and Duties.
(a) There is hereby established the position of Director of Finance for the
City. The Director of Finance may serve as the Treasurer of the City pursuant
to section 2.3 of this Code and is not required to be a resident or elector in the
City.
(b) The Director of Finance shall have the powers and duties as follows:
(1) Have charge of the administration of the financial affairs of the
City under the direction of the City Manager, and be the head of the
Finance Department of the City.
(2) Compile the budget expense and income estimates for the City
Manager.
(3) Maintain a general accounting system for the City government
and each of its offices, departments and agencies.
(4) Supervise and be responsible for the disbursement of all monies
and have control of all expenditures to ensure that budget appropriations
are not exceeded; audit all purchase orders before issuance; audit and
approve before payment all bills, invoices, payrolls, demands or charges
against the City government and, with the advice of the City Attorney,
when necessary, determine the regularity, legality and correctness of
such claims, demands or charges.
(5) See that all taxes, assessments, license fees and other revenues
of the City, for whose collection the City is responsible, and all other
money receivable by the City from the County, State or Federal
government, or from any court, office, department or agency of the City
are collected.
(6) Submit to the City Council through the City Manager a monthly
statement of all receipts and disbursements in sufficient detail to show
the exact financial condition of the City; and as of the end of each fiscal
year submit a complete financial statement and report.
(7) Supervise the keeping of current inventories of all property of the
City by all City departments, offices and agencies.
(8) Perform such other duties as may be required of him or her by the
City Manager.
(9) Perform all duties on financial records imposed upon the City
Clerk by sections 40802 to 40805 of the Government Code.
(10) Impose and/or negotiate the payment of an interest charge, at the
highest rate allowed by California law, by and from any person or entity
for any financial obligation due and payable to the City pursuant to
Federal, State, County or City statute, ordinance, resolution, or
regulation or court order or contract.
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(c) The Director of Finance, when serving in the capacity of City Treasurer,
is authorized to invest City funds in accordance with sections 53601, 53607
and 53635 of the Government Code and investment policy as adopted by
resolution of City Council. The City Treasurer shall make a monthly report of
such investment transactions to City Council.
Sec. 2-153. Warrants and Checks.
(a) Except as otherwise provided by law, no warrant shall be drawn or
evidence of indebtedness issued unless there is at the time sufficient money in
the treasury legally applicable to the payment of the same.
(b) Upon allowing a demand or approving a register of audited demands, a
warrant shall be drawn upon the City Treasurer specifying the purpose for which
the warrant is drawn and the fund from which payment is to be made, which
warrant shall require the signatures of the Director of Finance.
Sec. 2-154. Self -Insurance Fund.
There is herewith established a self-insurance fund in the minimum sum of two
million dollars ($2,000,000.00) in the form of a reservation of general fund
reserve balances established by Sections 2-205 through 2-207, inclusive, of this
Code. This fund shall be used to pay actual losses not covered by other
insurance policies or insurance pools and shall be replenished with funds each
fiscal year from the general fund operating reserve.
Sec. 2-155 - 2-161. Reserved."
Section 2. Publication.
This Ordinance shall take effect and be in full force and effect thirty (30) days from and
after its passage and, before the expiration of fifteen (15) days after its passage, shall be
published once in the NEWPORT BEACH -COSTA MESA PILOT, a newspaper of general
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circulation printed and published in the City of Costa Mesa, or, in the alternative, the City Clerk
may cause to be published a summary of this Ordinance and a certified copy of the text of this
Ordinance shall be posted in the office of the City Clerk five (5) days prior to the date of
adoption of this Ordinance, and within fifteen (15) days after adoption, the City Clerk shall
cause to be published the aforementioned summary and shall post in the office of the City
Clerk a certified copy of this Ordinance together with the names of the members of the City
Council voting for and against the same.
PASSED AND ADOPTED this pIA--'day of 1996.
ATTEST:
Deputy ity Clerk
of the ' y of Costa Mesa
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Mayor
APPROVED AS TO FORM:
ity 9ttordey
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss
CITY' OF COSTA MESA )
I, MARY T. ELLIOTT, Deputy City Clerk and ex -officio clerk of the City Council of the
City of Costa Mesa, hereby certify that the above and foregoing Ordinance No. 96-14 was
introduc d and considered section by section at a regular meeting of said City Council held on
the / day of A&'). , 1996, and thereafter passed and adopted as a whole at a regular
meeting of said City Council held_ on the � day of &eA+wV,ta.4— , 1996, by the following
roll call vote:
AYES: j�UFFA� lYIeOR14dA) n)/
NOES: � p AJe
ABSENT: V�lOYJG
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the Seal of the City
of Costa Mesa this ,3%4 -day of ,{}�n� 1996.
WORDPERFECTTURCHMAN.41C (11-20-96)
Deputy(ty Clerk and ex -officio
Clerk o the City Council of the
City of Costa Mesa