TREASURY

Tulsa Revised Ordinances tit. 6, ch. 3

in effect

Tulsa Revised Ordinances tit. 6, § 300 City Treasurer.

Section 300. - City Treasurer. The City Treasurer shall: A. Deposit and maintain the funds of the City in depositories approved by the Council; B. Invest the funds of the City; and C. Perform such other duties as assigned by the Mayor or as prescribed by the Charter, the Revised Ordinances of the City of Tulsa or by the laws of Oklahoma.

Tulsa Revised Ordinances tit. 6, § 301 Treasurer's bond.

Section 301. - Treasurer's bond. The City Treasurer shall be required to execute and file with the City Clerk a good and sufficient bond in a sum not less than One Hundred Thousand Dollars ($100,000.00) to be fixed by resolution of the Council; and the Council may from time to time, when deemed necessary, require him to give a new bond or additional bond, or may increase or decrease the amount of the bond.

Tulsa Revised Ordinances tit. 6, § 302 Bond records.

Section 302. - Bond records. The Treasurer shall keep or cause to be kept separate records for each issue of bonds outstanding against the City, whether such bonds are registered, in bearer form or in book entry form. Nothing herein shall prevent the appointment and compensation by the City of a registrar and/or a transfer and paying agent to effect the transfer of ownership or change of payee of any bonds issued by the City and to maintain books and records relating thereto.

Tulsa Revised Ordinances tit. 6, § 303 Deposits and collateral.

Section 303. - Deposits and collateral. The City Treasurer shall deposit all monies of the City of Tulsa with such institutions in the City as shall have been named as City depositories by the Council of the City of Tulsa. It shall be the responsibility of the City Treasurer to make certain that all such deposits, as well as all surety bonds, are fully collateralized as required by the City Charter, the Revised Ordinances of the City of Tulsa, the statutes of the state of Oklahoma, and/or by policies adopted by the City Council.

Tulsa Revised Ordinances tit. 6, § 304 Designation of fiscal agent for the City.

Section 304. - Designation of fiscal agent for the City. Upon recommendation by the Director of Finance, following the request for and receipt of competitive bids, the Mayor shall designate a financial institution to serve as registrar or transfer and paying agent for City of Tulsa bond issues. Such designation shall be subject to any requirements as set forth in the Charter of the City of Tulsa and the statutes of the state of Oklahoma. (Ord. No. 17605)

Tulsa Revised Ordinances tit. 6, § 305 Disbursement of funds.

Section 305. - Disbursement of funds. Monies may be drawn from the municipal treasury only upon a proper warrant or check as provided by law, the Charter or Revised Ordinances of the City of Tulsa; provided, however, that the Director of Finance may also authorize payments from the municipal treasury by wire transfer, direct payroll deposit or other instrument or method of disbursement through the Federal Reserve System. (Ord. No. 17605)

Tulsa Revised Ordinances tit. 6, § 306 Registration of warrants.

Section 306. - Registration of warrants. In the event that the City issues "no-fund" warrants, the Director of Finance shall keep a record of such warrants in numerical order and shall note thereon the number of the warrant, the date of its issuance, to whom issued, the date of registration, the amount of warrant and the date of payment. (Ord. No. 17605)

Tulsa Revised Ordinances tit. 6, § 307 Cancellation and storage of warrants and checks.

Section 307. - Cancellation and storage of warrants and checks. All warrants and checks paid by the City shall be canceled and stored for reproduction purposes by the Finance Department in a method deemed reliable by the Director of Finance and industry standards for a period of five (5) years. (Ord. Nos. 17605, 20249)

Source: City of Tulsa, Revised Ordinances and City Charter (Municode Library, library.municode.com)URL: https://library.municode.com/ok/tulsa/codes/code_of_ordinances?nodeId=COOR_TIT6FIDE_CH3TRFetched: 10/28/2026