[Sec. 2-2 of the Revised General Ordinances]
There shall be a Department of Revenue and Finance
of the Borough which shall have jurisdiction over all business pertaining
to revenue and finance.
In accordance with N.J.S.A. 40A:9-146 et seq.,
the Mayor and Council shall appoint a Tax Assessor, whose term shall
be four years and who shall practice and perform all duties in relation
to the assessment of taxes as prescribed by law.
There may be appointed a Tax Collector in accordance
with N.J.S.A. 40A:9-142, whose term shall be for four years and who
shall have the powers and duties as prescribed by law.
A.
In accordance with N.J.S.A. 40A:60-5, there may be
appointed a Borough Treasurer, who shall be appointed for a term of
one year.
B.
The duties of the Treasurer shall be:
(1)
Receive funds entrusted to or under the control of
any department and deposit all funds received in depositories authorized
by the Borough Council by resolution.
(2)
Have custody of all investments and invested funds
of the Borough or in possession of the Borough in a fiduciary capacity,
except as otherwise provided by law, and keep such funds and all moneys
of the Borough not required for current operations safely invested
or deposited in interest-bearing accounts.
(3)
Have the safekeeping of all bonds and notes of the
Borough and the receipt and delivery of Borough bonds and notes for
transfer, registration or exchange.
(4)
Keep a full account of all cash receipts and disbursements
of the Borough and. at least once a month and more often if the Borough
Council requires, furnish the Borough Council with a statement of
all moneys received and expended.
C.
The duties of the Treasurer regarding disbursements
shall be as follows:
(1)
Bills, claims and demands against the Borough, when
duly authorized and approved, shall be paid upon the audit, warrant
and approval of the Treasurer, and disbursements shall be made by
a combination warrant-bank check or draft individually signed by the
Treasurer and countersigned by the Mayor and the Borough Clerk.
(2)
The Treasurer shall prepare for each regular meeting
of the Borough Council a list of all bills, claims and vouchers which
have been paid through the close of business 24 hours preceding the
meeting and since the last preceding list was compiled. The list shall
be prepared in sufficient copies for each member of the Borough Council,
and at least one copy shall be filed with the Borough Clerk in his
office as a public record open to examination.
In accordance with Chapter 110, Public Laws of 1988, there shall be a Chief Financial Officer to carry out the responsibilities as set forth under P.L. 1947, c. 151, and N.J.S.A. 40A:9-140 et seq., as amended.
