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ATTY/CHARTER AMENDMENTS/2018/2018 FINAL CHARTER AMENDMENTS REV: 07-18-18 VR Page 34 of 45 Section 59. PAYMENT OF CITY MONEYS: Money shall be drawn from the treasury only on warrants as herein prescribed. Every demand against the cCity, from whatever source, excepting the Public Library, when approved by the cCity mManager, and when allowed by the cCouncil, shall be signed by the Mayor; and a warrant prepared by the cCity aAuditor shall be issued and signed by the Mayor and cCity cClerk or such other officers as the cCouncil may designate; provided, however, that whenever prescribed by the cCity cCouncil such demand shall be approved by the cCity aAuditor, who shall confirm satisfy himself that the money is legally due and its payment authorized by law. No demand shall be allowed, approved audited, or paid unless it shall specify each item of the claim and the date thereof; provided, however, that warrants for salaries of officers and employees shall be allowed by the Auditor and paid at such regular intervals as prescribed by ordinance, from the treasury without the necessity of any demand therefor or approval thereof as in this section prescribed for other claims. (As amended March 4, 1975; certified by Secretary of State March 20, 1975.) Section 60 (Deleted March 4, 1975; certified by Secretary of State March 20, 1975) Section 61. GENERAL RESERVE ACCOUNT: The Council shall maintain a permanent revolving account, to be known as the General Reserve Account, for the purpose of keeping the payment of the running expenses of the cCity on a cash basis. Said account shall be maintained in an amount sufficient to meet all legal demands against the treasury for the first four months or other necessary period of each fiscal year prior to the collection of taxes. The cCouncil shall have power to transfer from the General Reserve Account to any other account or fund such sum or sums as may be required for the purpose of placing such account or fund, as nearly as possible, on a cash basis. It shall be the duty of the cCouncil to provide that all moneys so transferred from the General Reserve Account be returned thereto on or before the end of the fiscal year in which said transfers are made; provided, that in any fiscal year in which the total balance in said General Reserve Account exceeds thirty percent of the total amount of the General Budget for that year, the cCouncil may appropriate such excess for any cCity purpose without returning the same. Section 62. SURPLUS RETURNED TO GENERAL FUND: At the close of each fiscal year, if all demands against each fund have been paid or satisfied, and all disputed or contested demands fully determined, the cCouncil shall direct the aAuditor to transfer all surplus moneys to the general fund, except such surplus moneys as may be in the several interest and sinking funds and in such other funds the disposition of whose surplus moneys is otherwise provided for. (As amended March 4, 1975; certified by Secretary of State March 20, 1975.) Section 63 deleted April 9, 1968, approved by Legislature April 29, 1968, Stats. 1968, Chapter 76.