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HomeMy WebLinkAboutBack-Up from Law DeptChapter 18 - FINANCE ARTICLE IX. - FINANCIAL POLICIES DIVISION 2. - FINANCIAL INTEGRITY PRINCIPLES Sec. 18-541. - Established; implementation; review; reports. Financial integrity principles and policies to assure and maintain financial integrity in the city are hereby established and shall be implemented immediately upon adoption of this division. The financial integrity principles as set forth herein shall be reviewed and updated as necessary, at least every three years. The city's auditor general shall be responsible for preparation of a written report to be transmitted to the mayor and the members of the city commission by July 1 of each year as to compliance with the principles and policies set forth in this division. The report shall include recommendations for additional policies or actions, to be considered for action after reviewing the latest annual audit comprehensive annual financial report (CAFR). Single audit report, and management letter comments. (Ord. No. 11890, § 4, 2-10-00; Ord. No. 12276, § 2, 9-11-02; Ord. No. 12727, § 2, 9-22-05)