Question: Should section be amended to provide that the Director of Finance shall “submit to Council periodic, but not more than monthly, reports of the City’s current financial condition as Council may from time to time, by ordinance or resolution, request. The reports shall be in a form as the Director of Finance shall deem appropriate to show the revenues and expenditures of each fund of the City for the period covered by the report as compared to the amount appropriated to each fund” and that the remainder of the section be repealed?

Proposed Language:

§ 96     Monthly Financial Statement

The Director of Finance shall submit to Council periodic, but not more than monthly, reports of the City’s current financial condition as Council may from time to time, by ordinance or resolution, request. The reports shall be in a form as the Director of Finance shall deem appropriate to show the revenues and expenditures of each fund of the City for the period covered by the report as compared to the amount appropriated to each fund.

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