Stockton Municipal Code

Chapter 3
ADMINISTRATIVE

Part XI
TREASURY FUNCTIONS OF THE FINANCE DEPARTMENT

SEC. 3-130. GENERAL:
This Part, in general, shall establish the treasury functions within the Finance Department of the City of Stockton. The purpose of Chapter 3, Part XI, is to outline the treasury functions and to establish authority for the payment of claims and the investment of moneys.
(Added by Ordinance 002-95C.S. — Effective March 22, 1995)

SEC. 3-131. DEFINITION:
"Treasurer" shall mean the Director of Finance.
(Added by Ordinance 002-95C.S. — Effective March 22, 1995)

SEC. 3-132. DUTIES OF THE FINANCE DEPARTMENT:
The Finance Department shall:
A. Be responsible for the safe deposit of all moneys in the custody of the City.
B. Act as custodian of all bonds and insurance policies.
C. Deposit and invest City funds for the benefit of the City in banks and securities within legal limits for placement of public funds.
D. Make investments in accordance with Sections 53601 and/or 53635 of the California Government Code as those sections exist and may be amended from time to time.
E. Deposit moneys in and enter into contracts with any depository in accordance with Section 53682 of the California Government Code.
F. Supervise and be responsible for the disbursement of all moneys and audit all expenditures to ensure that appropriations are not exceeded.
G. Prescribe the form of all vouchers, bills or claims used by the City.
H. Examine all contracts, orders and other documents by which the City may incur a financial obligation.
I. Audit and approve prior to payment all bills, invoices, payrolls and other evidence of claims, demands and charges against the City.
J. Be responsible for the assessment of all taxable properties within the corporate limits of the City unless such function has been delegated to another governmental agency.
K. Receive all City revenues; provided, however, that nothing herein shall prohibit contractual agreements for the collection of such revenues on behalf of the City.
L. Prescribe the form of all receipts.
M. Administer insurance claims except as otherwise provided in the Stockton Municipal Code.
N. Have the responsibilities and duties assigned by general law not inconsistent with this ordinance to the assessor and treasurer and such other duties as the Stockton Municipal Code or the City Manager shall specify.
(Added by Ordinance 002-95C.S. — Effective March 22, 1995)

SEC. 3-133. COLLECTION OF ACCOUNTS:
It shall be the duty of the Finance Department to diligently pursue and properly bill, record and collect, all moneys due the City. Penalty for late payment or adjudication of overdue accounts will be determined by Council action by classification within the ordinance setting fees or charges, but in no event shall such penalties be less than one percent (1%) per month. Where a fee or charge in excess of $20,706 is incorrectly levied or found to be uncollectible, upon certification of both the City Attorney and Director of Finance, such accounts will be referred to the City Manager who will promptly report to the Council a recommendation as to disposition thereof. The Twenty Thousand Seven Hundred Six Dollar ($20,706) criteria provided for in this section shall be adjusted to the same dollar amount as provided in Section 3-103 of the Stockton Municipal Code. Where a fee or charge of $20,706 or less, as adjusted by Section 3-103 of the Stockton Municipal Code, is incorrectly levied or found to be uncollectible, upon certification of both the City Attorney and Director of Finance, such accounts will be recommended to the City Manager as to disposition thereof, who shall report to the City Council such disposition.
(Amended by Ordinance 020-97C.S. — Effective September 11, 1997) (Added by Ordinance 002-95C.S. — Effective March 22, 1995)