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§ 20-115 — Reporting

Denver Revised Municipal Code (Supp. No. 147, Update 3: codified through Ordinance No. 0852-26, enacted July 13, 2026) · Denver Revised Municipal Code § 20-115

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Sec. 20-115. - Reporting.

(a) Within thirty (30) days after the city's books are closed for the previous calendar (or fiscal) year, the manager of finance shall create a report detailing the record of late payments and interest payments made by each department or agency pursuant to this article during the preceding year. This report shall include: (b) (1) The number and total dollar amount of late payments and interest payments by each department and agency, and city-wide: (2) The percentages that the dollar amount of late payments and interest payments represent of the total dollars spent on contracting for all goods and services of whatever kind by each department and agency, and city-wide; (3) Upon request, any department or agency affected by subsection (a) above shall submit recommendations for specific actions to reduce the incidence of late payments. (c) The manager of finance will make interest assessments and discount reduction amounts available to each department or agency on a monthly basis. (d) The manager of finance will make a presentation to city council regarding the previous year's interest assessments and discount reductions along with any department or agency affected, upon request from city council.

(Ord. No. 1121-01, § 1, 12-26-01; Ord. No. 775-07, § 57, 12-26-07; Ord. No. 604-12, § 8, 11-26-12)