The comptroller shall submit a monthly report in writing to the council at its first meeting the condition of outstanding contracts and of each of the city funds and claims payable therefrom, and shall each year on or before October first file with the clerk a detailed statement of the receipts and disbursements on account of each fund of the city and of eachaldermanicdistrictorotherfinancialdistrictduringtheprecedingfiscalyear, specifying the source of each receipt and the object of each disbursement, and also an estimate of the receipts and disbursements for the current fiscal year. Ability to comprehend and interpret a variety of documents, including municipal and business financial statements, invoices, contracts, tax rolls, budget requests and amendments, audits, bank statements, budget documents, service contracts, state statutes, city ordinances, and policies, etc.