[Adopted 2-28-1989 as Ord. No. 89-3 (Ch. 2, Art. 6, of the Revised Ordinances
of 1972); amended in its entirety at time of adoption of Code; Amended 5-13-1997 by Ord. No. 97-8]
The position of Chief Financial Officer in and for the Borough
of Hillsdale is hereby created.
The Chief Financial Officer shall not be a member of the governing
body.
Unless sooner removed in accordance with N.J.S.A. 40:87-15,[1] the Chief Financial Officer shall be appointed for a term
of four years and shall serve until the appointment and qualification
of a successor.
[1]
Editor's Note: N.J.S.A. 40:87-15 was repealed by L. 1987,
c. 379. See now N.J.S.A. 40A:60-5.
No person shall be appointed or reappointed as a Chief Financial
Officer unless he or she holds a Certified Municipal Finance Officer's
certificate.
The duties and responsibilities of the Chief Financial Officer
shall be:
A.
To make provision for modernized practices of fiscal administration
in the Borough of Hillsdale by carrying out all the responsibilities
as set forth in N.J.S.A. 52:27BB-26 et seq.
B.
To supervise the disbursement of all Borough funds and approve of
all vouchers and bills before submitting the same to the Borough Council
for final approval.
C.
To analyze the cash needs of the Borough and recommend prudent investment
of such funds as temporarily may be in excess of the amount needed
to meet Borough obligations.
D.
To maintain a continuing review and analysis of budget operations,
work programs and cost of municipal services.
E.
At the close of the year, to prepare an annual report on the condition
of the Borough's finance activity to the Mayor and Council.
