Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1896-02-14

manner. and for the same terms as Is
herelnbefore provided In reference TO the
members OF the Board Of Light Commits
sIoners.
10. The members of the Board OF FL
nance Commissioners shall meet on tne
first Monday succeeding their appoint
ment, or as soon thereafter as practca-
bic. in some committeeman IN the Clty
Hall, or other suitable place. and after
taking the oath Of Office shall proceed
to organize By electing one Of their num-
Der president, and by appointing the spe-
cial accountant OF the city their secre-
tary. Two members of the board shall
constitute q quorum for the transaction
OF business. Each member of the board
shall be entitled to one vote, and the
board may determine the manner In
which the vote may be taken on any sub
ject brought before It, The said board
shall have the power to elect president
pro tempore. to serve in the absence or
in case OF the temporary disability OF the
president.
GENERAL CONTROL OF FINANCES.
90 The Board of Finance Commits
sioners have and may exercise general
supervision and control over all financial
matters OF the city. and upon 1t shall
be devolved generally the functions
which have heretofore been performed
by the Finance Committee OF the City
Council. 1t shall be the duty of the
City Auditor TO make out and submit
to the Finance Commission an annual
statement as soon as possible after the
end OF each fiscal year, giving full and
detailed statement OF all the receipts and
expenditures during the said year. and
the resources and Liabilities Of the city.
The said statement shall also give in de-
tail the condition of all unexpended APP
preparations and contracts unfulhlled,
the balances of money then remaining
In the Treasury, with all sums due and
outstanding: the names of all persons who
may have become defaulters to the
city, the amounts in their hands unac-
counted for. and ALI other things neces-
sary 10 exhibit the true financial condition
Of the city.
a. The Auditor shall annually submit
10 the Board Of Finance Commits
sOners at its first stated meeting after
the beginning OF the fiscal year re-
port of the estimates necessary, as near
~ may be, to defray the expenses Of
the city government during the current
fiscal year He shall in said report clas-
sify the different objects and branches
Of said city expenditures. giving as near
Iy as may be the amount required
for each; ana for this purpose he Is
authorized to require Of all city officers
and heads OF departments statements
Of the condition and expense OF their
respective departments and offices. with
any proposed Improvement. and the pro-
liable expense thereof. OF contracts al
ready made and unfinished, and the
amount OF unexpended appropriations OF
the preceding year. He shall also i'm such
report show the aggregate income or
al lfrs
the amount OF liabilities outstanding upon
which interest Is to be paid, and OF
bonds and city debts payable during the
year, when due. and where payable so
that the Board OF Finance Commission
ers may fully understand the money
exigencies and demands Of the city for
the current year.
TO APPORTION THE FUNDS
%. II shall be the duty OF the Board
Of Finance Commissioners, in the
month of February. 1891, and In the
month OF February In each succeeding
year thereafter upon the receipt by II
OF the statement and report of the Au-
ditor, az provided for above, to make an
apportionment OF the estimated revenues
OF the city for the current fiscal year
to the several departments and accounts
OF the city, for all the needs and wants
Of the city. Such apportionment shall
not exceed the estimated revenues for
the fiscal year, and when so made by
the Board of Finance Commissioners shall
be BY II at once communicated to
the City Council and 1t shall then
be the duty of the City Council TO levy
and impose taxes to meet the same. Tie
amounts so apportioned shall be deemed
to be the limits Of the amounts to
be expended by any officer committee,
commission, or head Of department OF
the city; and for any debt created by any
offssr committee, commission, or head
Of department in excess OF the same
the city shall in nowise be held response
BILE.
o. The City Council shall not have the
right or power 10 make any additions or
alterations whatsoever to the amounts
apportoned by the Board of Finance
Commissioners to the several depart
ments and accounts or TO any Of them.
except by the approval OF a majority OF
the Board Of Finance Commissioners TO
be shown by recorded vote, and vote
OF the Council In favor Of the same Of
at least two thirds OF the members
elected to each branch, and the yeas
and nays shall be entered on the journal
Of each branch, respectively.
q. 1t shall be the duty OF the Board of
Finance Commissioners to consider vote
upon, and report TO the Council any and
all motions, resolutions, or ordinances
introduced into either branch OF the
City Council which require the expendi-
ture OF money; and no resolution or or
dinance OF the City Council which in
wolves an appropriation Of money ex-
ceedng $780, or au .horzes the issue or
sale of bonds or the borrowing OF money.
shall be valid unless the same be first
approved by the Board OF Finance Com
missioners.
g. The Board Of Finance Commits
sioners shall negotiate the sale OF any
and all bonds and securities OF the city
which may be issued or authorized from
time to time and borrow for the city
such money or moneys as may be autho-
rized to be borrowed at any time in the
way OF temporary loans.
INFRINGEMENT AND REFORM.
26 The Board Of Finance Commits
sioners shall consider and pass upon any
and all measures looking to the reform
and retrenchment of the expenses OF the
city which originate in the City Council
and are referred to them. or which they
themselves may suggest, and shall make
recommendations In respect to the same
to the City Council.
q. The Special Accountant of the city
of Richmond, as provided for by ordl-
nance recently adopted, shall be ex-oiii-
clio the secretary of the Board of Finance
Commissioners and shall be subject TO
their control and orders. He shall hold
Office until the LIST day Of July. 1897, and
until his successor shall duly qualify.
There shall be elected By the Finance
Commission In June. 1897. and every two
years thereafter, a person to FIJI said
office for the term of two years
Such officer shall. before entering upon
the duties OF his office. give bond with
surety In the sum Of 5000 satisfactory
TO the f nance Commission for The faith
ful performance OF the duties OF his
Office
q. Such officer shall be removable at