• 147.01 - Record of Accounts
• 147.02 - Issuance of Warrants
• 147.03 - Approval of Obligations
• 147.04 - Collections
• 147.05 - Moneys and Securities
• 147.06 - Treasury Investment Board
• 147.07 - City Investment Policy
• 147.08 - Vending Machine Deposits
• 147.09 - Earned Interest
• 147.10 - Funds Considered Appropriated
• 147.11 - Agency Funds Established
• 147.12 - General Grants and Loans
• 147.13 - Claims
• 147.14 - Bad Debt
• 147.15 - Charge for Bad Checks
• 147.16 - Utility Funds

147.01 - RECORD OF ACCOUNTS

The Director of Finance shall keep an accurate account of all taxes and assessments, of all money due to, and all receipts and disbursements by, the Municipality, of all its assets and liabilities, and of all appropriations made by the City Commission. The Director of Finance shall audit the accounts of the Municipal departments and officers and shall audit all other accounts in which the City is interested. The Director of Finance may prescribe the form of reports submitted to the Department of Finance and the method of keeping accounts by all other departments. All departments of the City and all boards and agencies responsible to the City shall provide the Director of Finance with a daily account of all Municipal moneys received by such department, board or agency.
(Ord. 88-319. Passed 5-31-88.)

147.02   ISSUANCE OF WARRANTS

The Director of Finance shall issue all warrants for the payment of money by the City. The City Treasurer shall not disburse any money except upon a warrant issued by the Director of Finance.

147.03   APPROVAL OF OBLIGATIONS

The Director of Finance shall examine and approve all contracts, orders and other documents by which the City incurs financial obligations and shall ascertain that moneys are appropriated for such purpose. The Director of Finance shall audit and approve the payment of all bills, invoices, payrolls and other evidences of claims, demands or charges against the city and with the advice of the Director of Law shall determine the regularity, legality and correctness of such claims, demands or charges.
(Ord. 88-319. Passed 5-31-88.)

147.04   COLLECTIONS.

The Director of Finance shall collect all fees and other obligations owed to the City and promptly transmit them to the City Treasurer for deposit. However, the Director of Finance may, at the concurrence of the city Manager, permit other departments to collect fees and other obligations due to the City and payable through such departments and to promptly transmit them to the City Treasurer for deposit.
(Ord. 88-319. Passed 5-31-88.)

147.05   MONEYS AND SECURITIES.

The City Treasurer shall have custody of all moneys and securities of the City and shall keep them in a safe place and manner as required by law.

147.06   TREASURY INVESTMENT BOARD.

The City Manager, the Director of Finance and the Director of Law shall constitute the Treasury Investment Board as provided in Ohio R.C. 731.57. The Director of Finance shall maintain an account to be known as the Treasury Investment Account, in which the Director of Finance shall enter all transactions relating to the investment of Treasury funds, as is provided in Ohio R.C. 731.56 and 731.57. The Director of Finance shall furnish the City Treasurer such information as is required by Ohio R.S. 731.58.
(Ord. 88-319. Passed 5-31-88.)

147.06   CITY INVESTMENT POLICY.

Neither the City nor the Treasury Investment Board is required to comply with Ohio R.C. Chapter 135 so long as there is a City investment policy adopted by the City commission effective for the city. The Director of Finance, the Treasurer and their respective bondsmen or surety are relieved from any liability for the loss of any public moneys invested by them; provided, the investment of the public money is done in compliance with an effective City investment policy adopted by the City Commission.
(Ord. 88-319. Passed 5-31-88.)

147.08   VENDING MACHINE DEPOSITS

The Director of Finance shall depost all proceeds from vending machines situated on City property as follows:

(a) Proceeds from vending machines in Fire Division facilities are deposited into the General Fund;
(b) Proceeds from vending machines in the Police Division located in the Public Safety Building are deposited into the General Fund;
(c) Proceeds from vending machines in City Hall are paid to the Bureau of Services for the Visually Impaired;
(d) Proceeds from vending machines at Wheldon Park Recreation Center are deposited into the General Fund;
(e) Proceeds from vending machines in the Municipal Court are deposited into the General Fund;
(f) Proceeds from vending machines in the Water Treatment Plant are deposited into the Water Revenue Fund;
(g) Proceeds from vending machines in the Wastewater Treatment Plant are deposited into the Sewer Revenue Fund;
(h) Proceeds from vending machines in the Public Works Department Garage on Selma Road are deposited into the General Fund;
(i) Proceeds from vending machines at the Municipal Airport are deposited into the Airport Fund;
(j) Proceeds from vending machines in Red Park equipment Barn, Snyder Park Equipment Barn and Pedal Boat Operation are deposited into the Parks and Recreation Fund;
(k) Proceeds from vending machines in women's restrooms in City Hall and the Municipal Court are deposited into the General Fund.

Chapter 147 Continued

Ordinances Index