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.
The Council will consider and act upon the Manager's
recommended budget in accordance with the requirements of the Local
Budget Law.
Budget appropriations shall be controlled by
an encumbrance system which shall be prescribed or approved by the
Manager. In consultation with the Council, the Manager shall establish
quarterly or such other periodic allotments of appropriations as he
may deem desirable. Each department shall plan and administer its
work program within the limits of such allotments, and no commitments
shall be incurred in excess of any such allotment except upon written
authorization of the Manager.
[Amended 3-13-1989 by Ord. No. 1463-89]
A. Within the limits of available appropriations, the
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 Manager or Acting Mayor, 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 his designee without further approval.
B. Award of contracts; execution. Where contracts are
let by competitive bidding pursuant to the Charter, the Council may
award the contract in the manner prescribed by law.
[Amended 6-22-1987 by Ord. No. 1361]
A. Except as may otherwise be provided by resolution
adopted pursuant to the Local Bond Law, the Director of Finance 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. The Director of Finance shall supervise the administration
of 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 (N.J.S.A. 40A:2-1 et seq.).
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.
[Added 10-11-1976 by Ord. No. 839]
A. When, in the opinion of the Township Manager, there
exists surplus township personal property, said property shall be
disposed of as provided in this section.
B. Whenever it is reasonably apparent that the value
of surplus township personal property about to be disposed of at any
one time or in the course of any one transaction is likely to exceed
$2,000, the Township shall publicly advertise for bids and sell said
property in the manner provided in N.J.S.A. 40A:11-36.
C. Whenever it is reasonably apparent that the value
of surplus township personal property about to be disposed of at any
one time or in the course of any one transaction is not likely to
exceed $2,000 the Manager may dispose of said property in either of
the following ways:
(1) The head of the Administration Division of the Township
shall publicly advertise for price quotations, which need not be sealed,
at least once in a newspaper circulating within the Township and shall
obtain, wherever possible, at least three price quotations for the
item or items offered for sale and shall record and maintain such
quotations in the Division's files for at least two years from the
time they are furnished. Such property shall be sold to the highest
bidder, and all such sales shall be deemed approved or disapproved
in accordance with the action of the Director of Finance. The head
of the Division of Administration and the Director of Finance, jointly,
shall execute all documents and instruments necessary and proper to
effect such rules.
(2) The Manager shall conduct or shall cause to be conducted
a public auction, advertised as required by N.J.S.A. 40A:11-36, for
sales of property with a value in excess of $2,500; also, such property
shall be sold to the highest bidder, and all such sales shall be deemed
approved or disapproved in accordance with the action of the Director
of Finance. The head of the Division of Administration and the Director
of Finance, jointly, shall execute all documents and instruments necessary
and proper to effect such sales.
D. Any and all bids may be rejected if such rejection
is determined to be in the public interest.
E. "Surplus township personal property," as used in this
section, means all goods, chattels, materials, equipment and other
personal property of the Township not needed for public use or which
has outlived its usefulness or otherwise become inadequate for public
purpose or use.