Part 8 — Financial Administration
268.1 Financial records and receipts
(a) accurate records and acco unts are kept of the municipality's
financial affairs, including the things on which a
municipality's debt limit is based and the things included in
the definition of debt for that municipality;
(b) the actual revenues and expenditures of the municipality
compared with the estimates in the operating or capital
budget approved by council are reported to council as often
as council directs;
(c) the revenues of the municip ality are collected and controlled
and receipts issued in the manner directed by council.
2015 c8 s37