§ 42-6. Internal controls.

A. 

It is the policy of the City of New Rochelle for all moneys collected by any officer or employee of the government to transfer those funds to the chief fiscal officer within two days of deposit.

B. 

The chief financial officer is responsible for establishing and maintaining an internal control structure to provide reasonable, but not absolute, assurance that deposits and investments are safeguarded against loss from unauthorized use or disposition, that transactions are executed in accordance with management's authorization and recorded properly and are managed in compliance with applicable laws and regulations.