Administration; duties of director; bonds; vouchers.

Charleston, S.C., City Code § 2-326

in effect

Sec. 2-326. - Administration; duties of director; bonds; vouchers. (a) The administration, direction and control of the department shall be under the supervision of the chief financial officer who shall be appointed by the mayor with the approval of council. In the absence of the chief financial officer ("CFO"), assistant CFOs assume the direction and control of the department. Two (2) assistant CFOs shall be appointed by the CFO with the approval of the mayor. (b) The chief financial officer (CFO) serves as chief financial advisor of the city, and shall be responsible for the management and administration of all city finances, attend to the proper compilation and disbursement of the city payroll, be the custodian of all contracts, insurance policies, cancelled bonds or cancelled coupons, or other appropriate evidence thereof, formulate and oversee implementation of all policies and practices related to budget, finance and revenue decisions affecting the city, shall prepare and submit to the city council an annual budget of all city operations, and attend to such other duties and responsibilities as may be delegated from time to time by the mayor and city council. (c) The chief financial officer shall be required to give the city council a bond of not less than five hundred thousand ($500,000.00) dollars and shall also require a bond in a like amount of the two (2) assistant CFOs, the finance director and the assistant finance director. The CFO shall further see that all other employees of the department of BFRC who handle cash receipts are bonded in an amount not less than twenty-five thousand ($25,000.00) dollars. (d) The chief financial officer shall sign all orders, vouchers, accounts and authorizations for payments thereof and is vested with the authority to delegate to the two (2) assistant CFOs or director of finance the authority to sign such orders, vouchers, accounts or authorization for the payment thereof as he or she deems appropriate. In the absence of the CFO or his or her designee, the mayor, or in his/her absence, the chairman of the ways and means committee or in his/her absence any member of the ways and means committee in the order of his/her rank of appointment, according as his/her immediate superior may be absent, is hereby authorized to sign in the place and stead of the CFO or his/her designee. (Ord. No. 1998-162, § 1, 9-8-98; Ord. No. 2003-22, §§ 4, 5, 2-11-03; Ord. No. 2014-10, § 4, 1-30-14)

Source: City of Charleston, South Carolina, Code of Ordinances and Zoning Ordinance (Municode Library, library.municode.com)URL: https://library.municode.com/sc/charleston/codes/code_of_ordinances?nodeId=CICO_CH2AD_ARTXIDEBUFIRECO_DIV1GE_S2-326ADDUDIBOVOFetched: 11/7/2026