ty Treasury, and report to the Mayor and Council thereon; (g) allocate among the several respective funds all public money at any time in the City Treasury not otherwise specifically allocated and appropriated by law or ordinance, and promptly notify the Treasurer of the allocation or appropriation; (h) report to the Mayor and Council, at times established by law, the condition of each fund, and make other reports as the Mayor or Council requests; (i) maintain each fund on a parity with its obligations at all times by transferring from the Reserve Fund as a loan to any fund which may become depleted through tardy receipt of revenues, and upon receipt of revenues sufficient to make an allocation as will restore each fund to parity, retransfer the amount of the loan to the Reserve Fund; (j) monitor the level of debt incurred by the City and report periodically to the Mayor and Council on City debt; and (k) conduct performance audits of all departments and may conduct performance audits of City programs, including suggesting plans for the improvement and management of the revenues and expenditures of the City. Nothing in this subsection shall preclude the Mayor or Council from conducting management studies or other review of departmental operations. SECTION HISTORY Amended by: Subsec. (e), Charter Amendment HH, approved November 5, 2024, effective January 8, 2025.