There shall be a Department of Finance, the
head of which shall be the Chief Financial Officer, who shall have
the following powers and duties in addition to these prescribed by
P.L 1938, c. 110:
A.
To disburse all payments of the municipal treasury.
B.
To have the safekeeping and custody of all municipal
securities, investments and bonds of the municipality.
C.
To supervise proceedings for the issuance of municipal
bonds.
D.
To invest and reinvest surplus or idle funds of the
municipality.
E.
To maintain and reconcile the records of the municipal
bank accounts and provide the Business Administrator with a monthly
reconciliation of the bank accounts not later than the 10th day of
each month.
F.
To serve as certifying agent for the New Jersey Public
Employees Retirement System with respect to municipal employees.
G.
To administer all matters relating to the certification
of municipal payrolls by the State Department of Civil Service and
the status, rights and benefits of employees of the municipality under
the Civil Service Law and under the employee benefit and welfare programs
of the municipality.
H.
To act as the municipal safety officer and Chairman
of the Safety Committee for the municipal employees.
I.
To promptly pay interest and principal on municipal
obligations as they fall due.
