(1)
(a) The chief administrative officer of a political subdivision is:
(i) the individual appointed as the chief administrative officer of the political subdivision in accordance with statute; or
(ii) if a chief administrative officer is not appointed in accordance with statute, the individual designated as the chief administrative officer by the governing body of the political subdivision.
(b) In designating a chief administrative officer under this Subsection (1), the governing body shall designate the individual who holds a managerial or similar position to perform administrative duties or functions for the political subdivision.
(2)
(a) The chief financial officer of a political subdivision is:
(i) the individual appointed as the chief financial officer of the political subdivision in accordance with statute; or
(ii) if a chief financial officer is not appointed in accordance with statute, the individual designated as the chief financial officer by the governing body of the political subdivision.
(b) In designating a chief financial officer under this Subsection (2), the governing body shall designate the individual who has primary responsibility for preparing the annual financial report.