Minneapolis Code of Ordinances § 24.10 Cost accounting required.
24.10. - Cost accounting required.
There shall be maintained for the city and the several boards and departments thereof a cost accounting system in accordance with the usual methods of cost accounting, in connection with and for the purpose of showing the true, actual and entire cost of all public work done and public improvements made by the city or any of its boards or departments, including the cost of the making, construction and erection of each and all of the public improvements, public buildings and structures of every kind, made, constructed and erected by the city or any of its boards or departments. Such cost accounting system shall at all times show in detail under appropriate heads and subdivisions the actual and true amount of all expenditures of the city and each of its boards and departments for or on account of any such public work, works or improvements, including the cost of all materials, supplies, work, labor and services in any manner provided, furnished or entering into each and all such public works and improvements, and also the amount of any and all overhead charges properly chargeable to each and every such public work and improvement. (Code 1960, As Amend., § 489.010)
