§ 10.7. Collection and deposit of moneys.

Latest version.

Except as other-wise provided in this charter, all taxes and special assessments of the city shall be collected by the Treasurer and all water bills, license fees, and other moneys, regardless of their source, accruing to the city, shall be collected by such officers and departments of the city as the Council shall direct, which such officers or departments shall, in each case give receipts therefor and deposit the same with the Treasurer not later than the next secular day following receipt thereof. The Treasurer shall deposit each day's receipts of each fund intact in such responsible banking institutions as may be designated by the Council. All interest on such deposits shall accrue to the benefit of the city.

                    
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