§ 36-10-10-32 — Board of managers; controller and assistant controller; duties

(a) The city controller shall serve as
controller of the board of managers and is the official custodian of all
funds and assets of the board of managers for proper safeguarding and
accounting. The controller shall, with the approval of the board of
managers, appoint an assistant controller to act as auditor for the board
of managers.
(b) The assistant controller is the official custodian of all books of
account and other financial records of the board of managers and has
the other powers and duties that are delegated by the city controller and
the lesser powers and duties that the board of managers prescribes. The
assistant controller, and any other employee or member of the board of
managers authorized to receive, collect, or expend money, shall give
bond for the faithful performance and discharge of all duties required
of the assistant controller, employee, or board member in an amount
and with surety and other conditions that are prescribed and approved
by the board of managers.
(c) The assistant controller shall keep an accurate account of:
(1) all money due the convention center and the board of
managers; and
(2) all money received, invested, and disbursed;
in accordance with generally recognized governmental accounting
principals and procedures. All accounting forms and records shall be
prescribed or approved by the state board of accounts. The assistant
controller shall issue all warrants for the payment of money from the
funds of the board of managers in accordance with procedures
prescribed by the board of managers, but a warrant may not be issued
for the payment of any claim until an itemized and verified statement
of the claim has been filed with the controller, who may require
evidence that all amounts claimed are justly due. All warrants shall be
countersigned by the city controller or by the executive manager.
Payroll and similar warrants may be executed with facsimile signatures.
(d) If the board of managers or the city has entered into any
agreement to lease convention center facilities from the civic center
building authority, the controller or assistant controller shall pay the
lease rental to the authority within a reasonable period before the date
on which principal or interest on any bonds outstanding issued under
this chapter becomes due. The assistant controller shall submit to the
board of managers at least annually a report of the assistant controller's
accounts exhibiting the revenues, receipts, and disbursements and the
sources from which the revenues and receipts were derived and the
purpose and manner in which the disbursements were made. The board
of managers may require that the report be prepared by a designated,
independent certified public accountant. Handling and expenditure of
funds is subject to audit and supervision by the state board of accounts.
As added by Acts 1982, P.L.218, SEC.4. Amended by
P.L.127-2017, SEC.391.