File #: 3950    Version: 0 Name: County Fiscal Policy
Type: Ordinance Status: Passed
File created: 11/13/2007 In control: Budget Committee
On agenda: 11/13/2007 Final action: 11/19/2007
Title: AN ORDINANCE repealing sections 521. and 526., Jackson County Code, 1984, relating to County Fiscal Policy, and enacting in lieu thereof two new sections relating to the same subject, with an effective date.
Sponsors: Henry C. Rizzo, Dan Tarwater III
Indexes: FISCAL POLICY, JACKSON COUNTY CODE
Attachments: 1. 3950adopt.pdf
IN THE COUNTY LEGISLATURE OF JACKSON COUNTY, MISSOURI


Title

AN ORDINANCE repealing sections 521. and 526., Jackson County Code, 1984, relating to County Fiscal Policy, and enacting in lieu thereof two new sections relating to the same subject, with an effective date.


Intro
ORDINANCE 3950, November 13, 2007

INTRODUCED BY Henry C. Rizzo and Dan Tarwater, County Legislators


Body
WHEREAS, the Legislative Auditor has submitted to the Legislature’s Budget Committee a series of recommendations for increased legislative oversight of County financial operations; and,

WHEREAS, the Budget Committee has endorsed these recommendations; now therefore,

BE IT ORDAINED by the County Legislature of Jackson County, Missouri, as follows:

Section A. Enacting Clause. Sections 521. and 526., Jackson County Code, 1984, are hereby repealed and two new sections enacted in lieu thereof, to be known as sections 503., and 526., to read as follows:

503. Fiscal Policy.
It shall be the fiscal policy of the County to carefully account for public funds, manage County finances prudently, and plan the adequate funding of County services and facilities desired and needed by the public. The county executive is hereby authorized to promulgate, by executive order, further fiscal policies and procedures in furtherance of the announced policy, consistent with the provisions of this chapter

[521. Financial Statement.
On or before the last day of May of each year, the manager of the division of finance shall prepare a detailed financial statement of all departments and other county agencies under the budgetary control of the county for the year ending December 31, preceding.

521.1 Contents
The detailed financial statement shall show the following:

a. Receipts.
The receipts in each of the operating funds separately;
.b. Expenditures.
The expenditures of each department;
c. Bonded Debt.
The bonded debt of the county, if any, the k...

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