2gARTICLE IV (Cont'd)
SECTION 4.
Administration_._
A. Control The City Manager
administration of the financial affairs
with Article III, Section 5.
shall have charge of the
of the City in accordance
B. Custody of Public Funds The City Manager shall have
custody of all public funds belonging to or under control of the
City or any office or department thereof, and deposit all fund
coming into his or her hands in such depositories as may be
designated by Resolution of the Commission.
C. Approval of Expenditures The City Manager shall approve
all proposed expenditures, but, unless he or she shall certify
that there is an unencumbered balance of appropriation and
available funds, no appropriation shall be encumbered and no
expenditure shall be made.
D. Multi - annual Contracts No contract involving the payment
of money out of the appropriations of more than one year shall be
made for a period of more than five years, nor shall any such
contract be valid unless made or approved by resolution adopted
by the Commission after a public hearing. The Commission shall
provide budget and appropriate funds in each succeeding budget
for contracts extending more than one year. This section shall
not restrict the term of General Obligation or Revenue Bonds.
(Amended 2/14/06)
E. Audit The Commission shall designate a qualified
Certified Public Accountant who, at the end of the fiscal year
and at such other times as ordered by the Commission, shall make
an independent examination in accordance with generally accepted
auditing standards and review of .accounts and other financial
transactions by the City and shall submit such report, together
with recommendations for improving fiscal control, to the
Commission and to the City Manager. The accountant shall have
no personal interest, direct or indirect, in the fiscal affairs
of the City government or any of its officers. The accountant
shall not maintain any accounts or records of the City business,
but within specifications approved by the Commission, shall post -
audit the annual financial statements of the City and all
accounts, kept by any office or department of the City. The
Certified Public Accountant shall not serve as the city's
independent auditor for more than three consecutive years.
(Amended 2/8/00)
20 SOUTH MIAMI CITY CHARTER
AMENDED 11/04/08