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HomeMy WebLinkAboutORD 6104CITY OF RENTON, WASHINGTON ORDINANCE NO. 6104 AN ORDINANCE OF THE CITY OF RENTON, WASHINGTON, AMENDING SECTION 3-4-3 OF THE RENTON MUNICIPAL CODE TO AUTHORIZE THE FINANCE DEPARTMENT ADMINISTRATOR TO WRITE OFF BAD DEBT; PROVIDING SEVERABILITY AND ESTABLISHING AN EFFECTIVE DATE. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF RENTON, WASHINGTON, DO SECTION I. All portions of the Renton Municipal Code in this ordinance not shown in strikethrough and underline edits or are not explicitly repealed herein remain in effect and unchanged. SECTION II. Section 3-4-3 of the Renton Municipal Code is amended as follows: 3-4-3 Duties of Administrator: The Finance Administrator duties, functions and powers include but are not limited to the following: A. Maintain a general accounting system, including but not limited to creating new budgeting, accounting and reporting funds and consolidating and/or closing such existing funds except as may otherwise be directed by the state law. B. Manage the preparation of proposed budgets; monitor revenue receipts and appropriate expenditures to implement the adopted budget; and present, when necessary, financial, legislative or policy proposals concerning the Finance Department to the City Council for approval. C. Promulgate rules and procedures to administer City tax and license ordinances as required by RMC Title 5. 1 ORDINANCE NO. 6104 D. Conduct and oversee internal and external audits or examinations, including but not limited to the audits or examinations of: 1. Taxpayer records; 2. Disbursements or refunds of City funds; 3. City financial transactions and activities. E. Administer City debts, including but not limited to the coordination of debt issuance; ensure timely processing of periodic debt service payments; ensure compliance with federal, state regulations, and bond covenants; provide financial information for ongoing disclosure and rating agencies surveillance. F. Collect monies due the City from any source; write off bad debt consistent with applicable accounting standards; secure all public funds or investments belonging to or under the control of the City; and deposit all City funds in such approved depositories as is appropriate. G. Administer the City's investment program consistent with adopted policies and procedures. H. Submit to the City Council, not less than quarterly, a financial report in sufficient detail to show the exact financial condition of the City and submit as of the end of each fiscal year a comprehensive annual financial report. I. Supervise and evaluate the performance of assigned personnel. J. Perform such other and lawful acts and functions necessary to carry out this Chapter and/or as may be assigned by the Mayor. 2 ORDINANCE NO. 6104 SECTION III. Upon approval of the City Attorney, the City Clerk is authorized to direct the codifier to make necessary corrections to this ordinance, including the corrections of scriveners or clerical errors; references to other local, state, or federal laws, codes, rules, or regulations; or ordinance numbering and section/subsection numbering and references. The City Clerk is further authorized to direct the codifier to update any chapter, section, or subsection titles in the Renton Municipal Code affected by this ordinance. SECTION IV. If any section, subsection, sentence, clause, phrase, or word of this ordinance should be held to be invalid or unconstitutional by a court or competent jurisdiction, such invalidity or unconstitutionality thereof shall not affect the constitutionality of any other section, subsection, sentence, clause, phrase, or word of this ordinance. SECTION V. This ordinance shall be in full force and effect thirty (30) days after adoption. No later than five (5) days prior to such effective date, a summary consisting of this ordinance's title shall be published in the City's official newspaper. PASSED BY THE CITY COUNCIL this 21st day of November, 2022. APPROVED BY THE MAYOR this 21st day of November, 2022. 3 ORDINANCE NO. 6104 Approved as to form: Shane Moloney, City Attorney Date of Publication: 11/27/2022 (Summary) ORD-FIN: 2236: 9.21.22