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Sec. 2-120. Preparation and publication of quarterly reports.[67]

The director of finance shall, on or before the twenty-fifth
day of July, October, January and April in each year, prepare
a statement of the condition of the city's finances as of the
end of the previous quarter, consisting of a statement of the
receipts and disbursements for so much of the fiscal year as
may then have expired and a balance sheet. (Code 1959, §
2-120.)