The City Treasurer shall receive all money belonging to the City, including all taxes, licenses, water rates and fines, and keep an accurate and detailed account thereof, in such manner as provided in this chapter, or as the City Council may from time to time by ordinance direct; and shall collect special taxes and assessments as provided by law and ordinance. The Treasurer shall make a settlement with the Recorder as the Council may direct at the end of every month, and turn over all warrants, interest coupons, bonds, or other evidence of the indebtedness of the City, which may have been redeemed by him during the month, taking the receipts of the Recorder therefor and all such warrants, orders, or other evidence of indebtedness shall be canceled by him and have written or stamped thereon the date of their payment or redemption. (Prior code § 10-38)