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The Director of Finance shall prepare and present to the City Council in sufficient detail to show the exact financial condition of the City, the following reports:

a. A quarterly or more frequently as requested, statement of all receipts, disbursements and balance of the City;

b. An annual statement of report of the financial condition of the City;

c. Such other financial reports as the City Council or City Manager shall direct. (Ord. #19, S3; Ord. #2012-153)