Pursuant to the authority of N.J.S.A. 40A:9-140.10, there is
hereby created the office of Chief Financial Officer for the Borough
of Ho-Ho-Kus.
[Amended 2-24-2009 by Ord. No. 945]
The Mayor shall appoint, with the advice and consent of the
Council, the Chief Financial Officer, who shall be a person holding
a certificate issued by the Division of Local Government Services
as a Municipal Finance Officer, for a term of four years, which shall
run from January 1 in the year in which the Chief Financial Officer
is appointed.
The Chief Financial Officer shall have, perform and exercise
all of the functions, powers and duties as provided by law and Borough
ordinances. Such person shall keep and maintain books and records
of all financial transactions of the Borough, in accordance with the
standards and requirements of the Division of Local Government Services
in the Department of Community Affairs of the State of New Jersey.
Such person shall have custody of all public moneys of the Borough
and shall make monthly reports to the Council of all receipts, expenditures,
commitments and unexpended appropriations. All moneys received from
any source by or on behalf of the Borough of Ho-Ho-Kus and any division,
department, board, office or agency thereof, except as otherwise provided
by ordinance, will be paid to the Chief Financial Officer, who shall,
by the next ensuing bank day after such receipt, deposit such funds
in the authorized public depository of the Borough to the credit of
the proper account. Such person shall also disperse funds in payment
in bills.
The compensation to be paid to the Chief Financial Officer shall
be as the Borough Council shall from time to time provide for in the
annual Salary Ordinance and implementing resolutions.