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HomeMy WebLinkAboutItem 5 - Ord./City ExpendituresEUGENE CITY COUNCIL AGENDA ITEM SUMMARY Public Hearing and Possible Action: An Ordinance Concerning City Expenditures; Amending Sections 2.515 and 2.525, of the Eugene Code, 1971; and Repealing Section 2.555 of that Code Meeting Date: January 10, 2005 Agenda Item Number: 5 Department: Central Services Staff Contact: Sue Cutsogeorge www. cl. eugene, or. us Contact Telephone Number: 682-5589 ISSUE STATEMENT This is a public hearing regarding a change to City Code regarding payment of City expenditures. The council is requested to consider taking action on the ordinance at this meeting, if possible. BACKGROUND The City Code includes several references to the ability of certain individuals to make payments for various reasons. · Section 2.515, which was last amended in 1998, states that the Finance Officer* may pay out money only on a check signed by the Mayor, City Manager and Finance Officer. · Section 2.525, which was last amended in 1982, states that the Finance Officer may issue checks drawn on city bank accounts to pay city bills and claims. · Section 2.555, which was last amended in 1989, states that the City Manager, Finance Officer, and Mayor are authorized to issue checks and warrants to pay salaries. · Section 2.585, which was last amended in 1990, states that the City Manager or designee may make payments from the risk fund for insurance premiums and in settlement of claims. In addition, the council passed Resolution No. 4364 in 1993 which stated (among other things) that the Mayor, City Manager and Finance Officer should provide facsimile signatures to the City's banking institutions for the purpose of authorizing checks to be honored for payment of employees and vendors. Technology has dramatically changed the way in which business is conducted with regard to financial payments. Salaries for employees and officers of the City are now largely paid by direct deposit made through electronic transfers. Some institutions are issuing stored value payroll cards instead of checks or direct deposit of salaries. Payments for federal and state taxes are made through electronic funds transfers. Hult Center performers are often paid with wire transfers. The future may bring even more options for making payments of various types. *The Finance Officer is a position that is described in City Code with a variety of financial duties. The current Finance Officer is Dee Ann Hardt, the City's Finance Director. L:\CMO\2005 Council Agendas\M050110\S0501105.doc The language in the City Code does not recognize that payments may be made in a variety of ways other than by physical check and that signatures on checks are now frequently done by facsimile or electronically instead of by physical signature. In order to clarify that other forms of payment and signature are allowed, City Code needs to be changed to reflect these technological advances. In addition, in order to efficiently operate City business, payments can be made throughout the organization rather than all payments being made centrally out of the Finance Division, which means that the number of people that should have authority to make payments has been increased. The proposed ordinance amends the City Code to allow the Finance Officer to make all payments in connection with City business, upon the signature or authorization of the City Manager or the City Manager's designee. The payments could be made in a variety of forms, including checks, electronic funds transfers, wire transfers, and other types of payment methods. The City Manager will have the authority to designate in writing for other appropriate people to authorize and make payments. The City Code change also deletes the current sections of code that refer to payments. In making these payment delegations, staff ensures that proper internal controls are maintained. Currently, nearly all City vendor payments are made via the "main" accounts payable checking account. These payments are initiated by department staff, through a request for a purchase order. These requests are approved by supervisory staff within the department with an electronic signature. The payment requests are forwarded, by business software, to Finance staff. Payment is made after central Finance staff enter the vendor invoices, verify that proper purchasing rules have been followed, ensure that the goods or services have been received, that there's sufficient budget authority to make the payment, and the payment has been properly approved. Although staff issues vendor checks from the central Finance office weekly, there are situations where this process is not efficient for a variety of reasons. In some cases, there is a high volume of checks written to non-standard vendors for a very small amount of money (like jury duty payments or library book refunds). In another case, payment has to be made immediately and cannot wait for the weekly accounts payable check run (like payment to Hult Center performers). For those limited purposes, the central Finance office permits department staff to have separate departmental checking accounts to meet those limited, identified needs. This practice has been used for a number of years, and Finance staff recently realized that City Code needed to be updated to allow for this practice. Although the process for authorizing payment from those departmental checking accounts differs from the payments made centrally, Finance staff developed procedures to ensure adequate internal controls over the use of those accounts. Central Finance staff will continue to be responsible for authorizing the use of those separate accounts. As part of the authorization process, Central Finance staff authorizes individual departmental staff to be signers on those accounts, and authorizes different staff to be responsible for reconciling the accounts on a monthly basis. This ensures a separation of the signing and reconciling duties. Each month, a request for payment to replenish the departmental checking accounts from the main account is made. The requests to replenish the accounts are approved by appropriate supervisory department staff and submitted to Finance for processing through the centralized accounts payable process. In addition to the monthly submission for reimbursement, on a daily basis by a link with the bank, Finance staff review the activity in every checking account for unusual transactions. L:\CMO\2005 Council Agendas\M050110\S0501105.doc If there is no opposition to the ordinance, staff recommends that the council consider approving it the same night as the public hearing. In addition, the council agenda for this meeting includes consideration of a resolution to replace Resolution No. 4364. RELATED CITY POLICIES There are no specific financial management goals or policies related to this action. COUNCIL OPTIONS The council options for this item include passing the ordinance at this meeting, or waiting and taking action on January 24. CITY MANAGER'S RECOMMENDATION The City Manager recommends taking action to approve the ordinance at this meeting, if possible. SUGGESTED MOTION Move to adopt an ordinance concerning City expenditures; amending sections 2.515 and 2.525, of the Eugene Code, 1971; and repealing Section 2.555 of that code. ATTACHMENTS A. Ordinance Concerning City Expenditures FOR MORE INFORMATION Staff Contact: Sue Cutsogeorge Telephone: 682-5589 Staff E-Mail: Sue. L.Cutsogeorge~ci.eugene.or.us L:\CMO\2005 Council Agendas\M050110\S0501105.doc ATTACHMENT A ORDINANCE NO. AN ORDINANCE CONCERNING CITY EXPENDITURES; AMENDING SECTIONS 2.515 AND 2.525, OF THE EUGENE CODE, 1971; AND REPEALING SECTION 2.555 OF THAT CODE. THE CITY OF EUGENE DOES ORDAIN AS FOLLOWS: Section 1. Subsection (2) of Section 2.515 of the Eugene Code, 1971 is amended to provide: 2.515 Finance Officer- Records and Reports. (2) The finance officer shall receive, receipt, and safely keep all money belonging to the city and select the depositories for city money and securities rT~,,:, L' ,,v ,,,,,..~,,vv ...,,,,vv, ,,,~y ~y ~, ,,,~,,~y ~,,,y ~,, ~ ,~,, ~;~ ~,, +~ .......... ;+ ........... ~ ;; ...... ~;~ 1 The finance ~,~,,~ ~y ,,,~ ,,,~y~, ~, ~,,y ,,,~,,~, ~,,~ ,,,,~,,~ ~,,,~,.j officer shall keep a separate set of accounts for each fund and make no disbursement from any fund other than the fund from which the disbursement is authorized. Section 2. Section 2.525 of the Eugene Code, 1971, is amended to provide: 2.525 Finance Officer - Expenditure Authorization [to ' ..... (1) Provided that expenditures do not exceed the adopted appropriation and are for purposes approved in the adopted budget, the finance officer may issue checks drawn on city bank accounts, and cause electronic or other types of payments or transfers to be made in orderto pay city bills and claims, including salaries of all regular officers and employees of the city. Ail checks, electronic or other types of payments or transfers shall be signed or authorized by the city manager or the city manager's designee. (2) The provisions of this section, and the provisions of section 2.527 do not apply to funds deposited in or disbursed from the risk management fund, which are governed solely by the provisions of section 2.585. Section 3. Section 2.555 of the Eugene Code, 1971, is repealed. Ordinance- 1 Section 4. The City Recorder, at the request of, or with the concurrence of the City Attorney, may administratively correct any reference errors contained herein or in other provisions of the Eugene Code, '197'1, to the provisions added, amended or repealed herein. Passed by the City Council this Approved by the Mayor this ~ day of ,, 200_ ~ day of ,200_ City Recorder Mayor Ordinance - 2