[Derived from Ch. 7, Art. I, of the 1971 Code]
The fiscal year of the Township shall begin on the first day of January and end on the 31st day of December in each year, as provided by law.
Within the limits of available appropriations, the Township Manager is authorized to negotiate contracts and other legally binding obligations of the Township upon approval of the Council. Any such document shall be signed by the Mayor and Manager, attested by the Clerk or Deputy Clerk and approved by the Township Attorney for legal form and sufficiency. Purchase orders, for which a formal contract is not required by the charter, may be executed by the Manager or Purchasing Agent without further approval.
Where contracts are let by competitive bidding pursuant to the Charter, the Council may award the contract in the manner prescribed by law.
A. 
Except as may otherwise be provided by resolution adopted pursuant to the Local Bond Law, N.J.S.A. 40A:2-1 et seq., the Manager is designated as the Financial Officer to sell and award bonds in accordance with the advertised terms of public sale. He shall report in writing to the Council at the next meeting thereof as to the principal amount, interest rate and maturities of the bonds sold, the price obtained and the name of the purchaser.
B. 
Tax and bond anticipation notes may be issued and sold in accordance with the Local Bond Law; provided, that the Manager shall solicit and record as a permanent record in his office at least three informal bids on the interest rate before any such sale, and the notes shall be issued and sold to the lowest bidder wherever practical.
C. 
The comptroller shall administer the municipal debt and the receipt and delivery of bonds and notes for transfer, registration or exchange, subject to the provisions of the Local Bond Law.
The Manager shall present to the Council once each month a summary of the financial transactions of the Township since the next preceding report.
No bill or claim shall be paid unless it contains a detailed statement of the items or demand, specifying particularly how the bill or demand is made up and a certification of the party claiming payment that it is correct; nor shall any bill, claim or demand be paid unless the voucher on which it is presented carries a certification of a Department Head, or of his duly designated representative, having personal knowledge of the facts that the goods have been received by, or the services rendered to, the Township.
A. 
All bills, claims and demands against the Township shall be deemed approved or disapproved by the Council in accordance with the action under this section. A voucher on a form prescribed or approved by the Manager shall be presented for each bill, claim or demand, and shall be paid only upon the audit and approval of the Treasurer. Disbursement shall be made by a combination warrant-bank check or draft warranted and signed by the Manager and countersigned by the Treasurer; except, that payroll checks may be signed by the Treasurer alone upon warrant of the Manager for a total payroll.
B. 
The Treasurer shall prepare for each regular meeting of Council, for presentation by the Manager, a list of all bills, claims and vouchers which have been paid through the close of business on the day preceding the meeting and since the last list was compiled. A copy of such lists shall be furnished to each Councilman and filed with the Clerk as public record open to inspection.