This chapter shall be known and may be cited
as the "Department of Finance" of the Borough of Metuchen.
This chapter is enacted for the purpose of complying
with the requirement of N.J.S.A. 40A:9-140.10 that each municipality
create, by ordinance, the position of Chief Financial Officer and,
as well, to define and prescribe the responsibilities of those borough
officers serving within the Department of Finance of the borough herein
created.
There is hereby created within the Borough Administration
the Department of Finance, the head of which shall be the person designated
as the Chief Financial Officer pursuant to N.J.S.A. 40A:9-140.1d.
If otherwise qualified pursuant to law, the position of Chief Financial
Officer shall be held by the same person holding the position of Municipal
Treasurer and Municipal Tax Collector for such additional compensation,
if any, as provided by the Annual Salary Ordinance adopted by the
Borough Council. The position of Chief Financial Officer shall be exempt
from any residency requirement.
The Chief Financial Officer shall have such
duties and responsibilities and possess such qualifications as are
required by N.J.S.A. 40A:9-140.1 et seq., as amended and supplemented,
and shall be generally responsible for the fiscal administration of
the borough, subject to the rules and regulations of the New Jersey
Division of Local Government Services. The Chief Financial Officer
shall be in charge of and shall supervise the Division of Treasury
and the Division of Tax Collection.