There is hereby created the office of Borough
Treasurer for the Borough of Allendale.
The Mayor shall appoint, with the advice and
consent of the Council, the Borough Treasurer, for a term of one year
commencing January 1 and terminating December 31 in each year.
The Treasurer shall have, perform and exercise
all the functions, powers and duties provided by general 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 and Administrator of
all receipts, expenditures, commitments and unexpended appropriations.
All moneys received from any source by or on behalf of the Borough
or any department, board, office or agency thereof, except as otherwise
provided by Borough ordinance, shall be paid to the Treasurer, who
shall, by the next ensuing bank day after their receipt, deposit them
in the authorized public depository of the Borough to the credit of
the proper account.
The compensation to be paid the Borough Treasurer
shall be as the Mayor and Council shall, from time to time, prescribe
by the Salary Ordinance.
It is hereby authorized that the Municipal Treasurer
of the Borough of Allendale be and is hereby permitted to reside outside
the territorial limits of the Borough of Allendale.