[Amended 7-15-1992 by Ord. No. 1992-3]
The head of the Bureau of Treasury will be the Township Treasurer. He shall be appointed by the Township Committee to serve for a term of one year. The Township Treasurer shall:
A.
Reserve funds entrusted to or under the control of any department and deposit all funds received by him in depositories authorized by the Township Committee by resolution.
B.
Have custody of all investments and invest funds of the Township or in the possession of the Township in a fiduciary capacity, except as otherwise provided by law, and keep such funds and all moneys of the Township not required for current operation safely invested or deposited in interest-bearing accounts.
C.
Make disbursements of Township funds upon approval by the Township Committee as required by the purchasing section of this chapter[1] and make further disbursements as may be permitted and authorized under other applicable sections of this chapter.
D.
Keep a full account of all cash receipts and disbursements by the Bureau and provide the Township Committee upon its request with a statement of all moneys received and expended by the Bureau.