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§ 6474 Accounting supervision and control. <br />The director of finance shall have power and shall be required to: <br />(1) Prescribe the forms of receipts, vouchers, bills or claims to be used by all the offices, <br />departments and agencies of the city government; <br />(2) Examine and approve all contracts, orders and other documents by which the city <br />government incurs financial obligations, having previously ascertained that moneys have <br />been appropriated and allotted and will be available when the obligations shall become due <br />and payable; <br />(3) Audit and approve before payment all bills, invoices, payrolls and other evidences of claims, <br />demands or charges against the city government and with the advice of the city attorney <br />determine the regularity, legality and correctness of such claims, demands or charges; <br />(4) Inspect and audit any accounts or records of financial transactions which may be <br />maintained in any office, department or agency of the city government apart from or <br />subsidiary to the accounts kept in his office. <br />§ 6574 Lapse of appropriations. <br />All appropriations shall lapse at the end of the fiscal year to the extent that they shall not have <br />been expended or lawfully encumbered. <br />§ 6674 Fees shall be paid to city. <br />All fees received by any officer or employee shall belong to the city government and shall be paid <br />to the department of finance at such times as required by the director of finance. <br />§ 674 Sale of city property. <br />The city may sell or contract for the sale of real or personal property only in a manner authorized <br />by state law and under terms that will ensure open competition. The city council may prescribe <br />rules and regulations to ensure that no person shall have a superior or unfair advantage to <br />acquire such property. <br />(Resolution 2007-055 adopted 5/21/07, Prop. 40) <br />§ 6874 Purchase procedure. <br />The director of finance shall have authority to make expenditures without approval of the city <br />council for budgeted items not exceeding a maximum account established by resolution of the <br />city council. Any expenditure involving more than that maximum amount must be expressly <br />approved in advance by the city council. All contracts and purchases by the city and any <br />alterations thereto may be made only in strict compliance with the procedures and requirements <br />established by state law. The city council shall have the right to reject any and all bids. <br />(Resolution 2007-055 adopted 5/21/07, Props. 41, 42) <br />