Laserfiche WebLink
3 <br /> (b) The treasurer shall establish internal control policies based on the standards <br /> promulgated by the American Institute of Certified Public Accountants and the federal <br /> Office of Management and Budget to ensure that resources are guarded against waste, <br /> loss and misuse; that reliable data is obtained, maintained, and fairly disclosed in financial <br /> statements; and resource use is consistent with laws, regulations, and policies. <br /> (c) Should there come into the hands of any other officer or employee of the city any <br /> money belonging to the city, he shall immediately pay the same to the treasurer, taking a <br /> receipt therefor. <br /> and <br /> Delete Section 14.6 Section 14.6 of the Everett City Charter, <br /> which reads as follows: <br /> Disbursements of Funds. <br /> (a) All payments authorized by the council shall be by warrants drawn upon the <br /> treasurer, signed by the mayor and clerk, and such warrants shall be paid in the order in <br /> which they are issued. Each warrant shall be numbered and shall state the purpose for <br /> which it is issued. <br /> (b) The treasurer shall, at the close of each month, report to the council the amount of <br /> monies received and disbursed by him and the amount on hand. <br /> is recommended to be deleted; <br /> and <br /> Change to Section 14.8 Section 14.8 to the Everett City Charter, which reads <br /> as follows: <br /> Checks on Depositaries. <br /> No disbursement shall be made by the treasurer except by check, electronic <br /> funds transfer or other form of funds transfer approved by city council, on a city <br /> depository, and every such check or funds transfer for an amount greater than $1,000.00 <br /> shall be countersigned or approved by the mayor; provided, however, that the mayor may <br /> authorize the clerk to so countersign checks or approve such funds transfer, such <br /> authorization to be in writing and in duplicate, one copy of which shall be delivered to the <br /> treasurer, and one to the depository upon which such checks or funds transfer are to be <br /> drawn. City council shall review said amount at least once every five (5)years and adjust <br /> said amount as necessary. Every fund transfer shall have a reference number. The <br /> treasurer shall make a daily statement to the clerk of the number and amount of each <br /> check issued. <br /> is recommended to be changed to: <br /> Checks on Depositaries. <br /> No disbursement shall be made by the treasurer except by check, electronic funds <br /> transfer or other form of funds transfer approved by city council, on a city depository, and <br /> every such check or funds transfer for an amount greater than $1,000.00 shall be <br /> countersigned or approved by the mayor; provided, however, that the mayor may <br /> authorize the slefk treasurer or designee to so countersign checks or approve such <br /> funds transfer, such authorization to be in writing and in duplicate, one copy of which <br /> shall be delivered to the treasurer, and one to the depository upon which such checks or <br /> L Q funds transfer are to be drawn.City council shall review said amount at least once every <br /> 13 <br />