A charter ordinance exempting the City of Concordia, Kansas, from the provisions of K.S.A. 1979 Supp. 75-1120, 75-1120a, 75-1121, 75-1122, and chapter 64, section 5, 1980 Session Laws of Kansas, relating to fixed asset municipal accounting and audit requirements, and providing substitute and additional provisions on the same subject.
Be It Ordained by the governing body of the City of Concordia, Kansas:
Section 1. The City of Concordia, Kansas, a city of the second class, by the power vested in it by article 12, section 5, of the Constitution of the State of Kansas, hereby elects to exempt itself from, and make inapplicable to it, K.S.A. 1979 Supp. 75-1120, 75-1120a, 75-1121, 75-1122, and chapter 64, section 5, 1980 Session Laws of Kansas, which all apply to the City of Concordia, and relate to fixed asset municipal accounting and audit requirements, but the provisions of which do not apply uniformly to all cities, and to provide substitute and additional provisions on the same subject.
Section 2. K.S.A. 1979 Supp. 75-1120 is hereby made inapplicable to the City of Concordia, and the following substitute and additional provisions are adopted on the same subject:
There is hereby authorized, and there shall be, a system of fiscal procedure, accounting and reporting for the City of Concordia, Kansas, required by section 5 of this charter ordinance, to have its accounts examined and audited at least once each year; which system shall be uniform in its application to all officers of the same grade and kind and all accounts of the same kind of municipality to which it is applicable, and shall be used by such municipality and its officers and employees when directed by the state municipal accounting board. The city may use or adopt such forms as it shall deem best suited for its particular needs, so long as all necessary information is shown on such forms. No copyrighted form or forms, books or records shall be adopted. The system adopted shall be obtainable upon the open market, provided nothing herein shall require, or be interpreted to require, the city to adopt any sort of fixed asset accounting procedure.
Section 3. K.S.A. 1979 Supp. 75-1120a is hereby made inapplicable to the City of Concordia, and the following substitute and additional provisions are adopted on the same subject:
Except as hereinafter otherwise provided, the City of Concordia, Kansas, shall utilize accounting procedures and fiscal procedures, in the preparation of financial statements and financial reports, that conform to generally accepted accounting principles as promulgated by the National Committee on Governmental Accounting and the American Institute of Certified Public Accountants and adopted by rules and regulations of the municipal accounting board, provided, nothing herein shall require, or be interpreted to require, the city to adopt any sort of fixed asset accounting procedure.
Section 4. K.S.A. 1979 Supp. 75-1121 is hereby made inapplicable to the City of Concordia, and the following substitute and additional provisions are adopted on the same subject:
The City of Concordia, Kansas, shall follow all fiscal procedures and regulations adopted by the director of accounts and reports, by and with the approval of the state municipal accounting board; and the director, by and with the approval of the board, may, in person or by representatives, conduct such investigation as he or she may deem necessary to determine if provisions of this charter ordinance are being fully complied with, provided nothing herein shall require, or be interpreted to require, the city to adopt any sort of fixed asset accounting procedure.
Section 5. K.S.A. 1979 Supp. 75-1122 is hereby made inapplicable to the City of Concordia, and the following substitute and additional provisions are adopted on the same subject:
The City of Concordia, Kansas, shall have the accounts of said city examined and audited by a licensed municipal public accountant or accountants, or certified public accountant or accountants, provided nothing herein shall require, or be interpreted to require, the city to adopt any sort of fixed asset accounting procedure.
Section 6. Chapter 64, section 5, 1980 Session Laws of Kansas, is hereby made inapplicable to the City of Concordia, and the following substitute and additional provisions are adopted on the same subject:
In conducting examinations and audits provided for by this charter ordinance, or other applicable laws, the licensed municipal public accountant or certified public accountant so engaged shall follow the minimum standard audit program, or the applicable portions thereof, prescribed by the director of accounts and reports with the approval of the municipal accounting board. The City of Concordia, Kansas, so audited, shall install and put such standardized accounting system into effect as soon as possible after such audit, provided nothing herein shall require, or be interpreted to require, the city to adopt any sort of fixed asset accounting procedure and the city’s auditor shall not be required to examine any such fixed asset account and may merely refer to this charter ordinance as authority for the absence of a fixed asset accounting system.
(12-16-1981)