Page:United States Statutes at Large Volume 109 Part 1.djvu/160

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109 STAT. 144 PUBLIC LAW 104-8 —APR. 17, 1995 "(2) REMOVAL.— "(A) CONTROL YEAR.—During a control year, the Chief Financial Officer may be removed for cause by the Authority or by the Mayor with the approval of the Authority. "(B) OTHER YEARS.— During a year other than a control year, the Chief Financial Officer shall serve at the pleasure of the Mayor, except that the Chief Financial Officer may only be removed for cause. " (3) SALARY.—The Chief Financial Officer shall be paid at an annual rate determined by the Mayor, except that such rate may not exceed the rate of basic pay payable for level IV of the Executive Schedule. "(c) FUNCTIONS DURING CONTROL YEAR. —During a control year, the Chief Financial Officer shall have the following duties: "(1) Preparing the financial plan and budget for the use of the Mayor for purposes of subtitle A of title II of the District of Columbia Financial Responsibility and Management Assistance Act of 1995. "(2) Preparing the budgets of the District of Columbia for the year for the use of the Mayor for purposes of part D. "(3) Assuring that all financial information presented by the Mayor is presented in a manner, and is otherwise consistent with, the requirements of the District of Columbia Financial Responsibility and Management Assistance Act of 1995. "(4) Implementing appropriate procedures and instituting such programs, systems, and personnel policies within the Officer's authority, to ensure that budget, accounting and personnel control systems and structures are synchronized for budgeting and control purposes on a continuing basis. "(5) With the approval of the Authority, preparing and submitting to the Mayor and the Council— "(A) annual estimates of all revenues of the District of Columbia (without regard to the source of such revenues), including proposed revenues, which shall be binding on the Mayor and the Council for purposes of preparing and submitting the budget of the District government for the year under part D, except that the Mayor and the Council may prepare the budget based on estimates of revenues which are lower than those prepared by the Chief Financial Officer; and "(B) quarterly re-estimates of the revenues of the District of Columbia during the year. "(6) Supervising and assuming responsibility for financial transactions to ensure adequate control of revenues and resources, and to ensure that appropriations are not exceeded. "(7) Maintaining systems of accounting and internal control designed to provide— "(A) full disclosure of the financial impact of the activities of the District government; "(B) adequate financial information needed by the District government for management purposes; "(C) effective control over, and accountability for, all funds, property, and other assets of the District of Columbia; and