[Amended 2-7-2012 by Ord. No. 12-01R]
The bill or claim duly certified as set forth above shall be presented to the Mayor and Council at its agenda meeting each month and shall be acted upon at its regular meeting. The Chief Financial Officer is authorized to pay utility bills and/or any other bills, which have generally been previously approved by the Mayor and Council through contract, resolution and/or ordinances, prior to any regular meeting of the Mayor and Council, provided that such action is required in order to avoid any shutoffs, penalties or interest payments accruing against the Borough, and that the requirements of §
9-1 are fully satisfied. In such event, approval of the Chief Financial Officer’s action shall be ratified by the Mayor and Council at their next regular meeting.
Claims shall be considered by the Mayor and
Council, which shall approve such claims, except that the Mayor and
Council may reject any claim presented to it, stating the reason for
such rejection. Any disapproved claim shall be referred back to the
Chief Financial Officer with such instructions as the Mayor and/or
Council may give at the time of disapproval.
It shall be the duty of the Chief Financial
Officer to record all claims in an appropriate claims register, indicating
that the Mayor and Council have, by formal action, approved the claim,
with appropriate records as to any claims disapproved or rejected.
The Chief Financial Officer shall make payments
upon receipt of a resolution from the Mayor and Council, attested
to by the Borough Clerk.
After the Borough Clerk has certified that the
claims have been approved, he/she shall turn them over to the Chief
Financial Officer, who shall forthwith prepare the necessary checks
for payment thereof, which checks shall be signed by the Mayor and
Borough Clerk and by the Chief Financial Officer. After preparing
checks for the payment of claims, the Chief Financial Officer shall
record them in proper books of account and thereafter mail the checks
to the claimants.
[Added 6-20-2022 by Ord. No. 22-06-R]
A. The
Governing Body does hereby increase the fixed asset limit defined
by CFO 96-13 and N.J.A.C. 5:30-5.6 from $1,000 to $3,000.
B. Pursuant
to CFO 96-13, the useful life of all nonexpendable, tangible personal
property is hereby increased from at least one year to at least five
years.
C. All
fixed assets having a value greater than that allowed by the rules
promulgated by the Director of the Division of Local Government Services
shall be assigned a fixed asset number.
D. The
Borough Administrator shall cause a physical inventory to be completed
by each Department and office of their fixed assets on an annual basis
beginning in 2022. Each department and office shall have 60 days to
complete the physical inventory. The department's new inventory
list shall be reconciled by the department with the existing fixed
asset list for that department. The department head shall forward
a list of additions or deletions to Administration. Any request for
additions or deletions shall be made in writing to the Borough Administrator.
E. The
Borough Administrator may at any time request from all departments,
reports showing stocks of required and usable supplies on hand and
stocks and supplies on hand which are no longer needed, obsolete,
worn out or to be scrapped.
F. The
Borough Administrator shall have the authority to transfer surplus
usable stocks to other using departments.
G. When
supplies and/or equipment have been designated by resolution of the
governing body as no longer needed for public use, the Borough Administrator
shall, whichever is in the best interest of the Borough, either sell
the unneeded supplies or equipment in the manner prescribed by the
Local Public Contracts Law or exchange or trade in the unneeded items in the process
of purchasing new, like or replacement items. Sales under this section
shall be made to the highest responsible bidder. A record of each
sale shall be made and placed on file in the Administration office.
H. The
sale of property to another contracting unit or to any body politic
need not be advertised for bids; however, the governing body must
adopt an authorizing resolution to allow such sale to be made.