§ 1-9. Centralized accounting system.

The parish adopts a centralized accounting system as follows:

(1)

All financial accounting records shall be maintained in the office of the executive secretary-treasurer.

(2)

All records shall be maintained based on a unit system of operation and no records shall be maintained which indicate a breakdown of revenue and expenditures into sub units such as districts or wards.

(3)

Budgets shall be adopted by the police jury before the beginning of each year, as provided by law. The executive secretary-treasurer shall be authorized only to make expenditures as provided by the budget, except for capital outlay expenditures which shall be authorized and approved by the entire police jury.

(4)

The executive secretary-treasurer shall verify that all proposed expenditures are provided for in the approved budget and that adequate funds are available before authorization of expenditures is given.

(5)

The executive secretary-treasurer shall provide the police jury with monthly financial statements which provide monthly and year-to-date figures for revenue and expenditures and shall contain budget comparisons.

(Res. of 8-29-83; Ord. No. 8122, 8-15-88)