Section 11-43-84
Requiring of reports by municipal officers; statement to council of financial condition of municipality.
The mayor shall require reports to be made to him by any officer of the city or town at such times as he may direct or as may be prescribed by the council, and shall, at least once in every six months, make a statement to the council in writing of the financial condition of the town or city, showing particularly all temporary floating indebtedness and for what created and the steps he proposes to take for the protection of the credit of the city or town.
(Code 1907, §1180; Code 1923, §1896; Code 1940, T. 37, §444.)