There is hereby established in the government of the City of
Hoboken a department that shall be known as the Department of Revenue
and Finance.
The purpose of the Department is to establish and implement
procedures to ensure that the finances of the City of Hoboken are
properly managed in accordance with all applicable laws, regulations
and ordinances. The Department shall have the primary responsibility
for the accounting management of the fiscal affairs of the City and
control of the receipt and disbursement of City funds, including administration
of the payroll and grants received by the City. The Department shall
also be responsible for administering municipally-owned properties
acquired through nonpayment of taxes or any other municipal charges.
The Department shall be granted all of the administrative functions,
powers and duties related to the foregoing purposes.
There is hereby transferred and assigned to said Department
all of the property, books, papers and records relating to any of
the offices and other governmental agencies hereinabove allocated
and assigned to said Department, except such books, papers and records
as are now required by law or ordinances of the City of Hoboken to
be kept in the office of some other officer or department of the City
government.