[Adopted 2-9-1989]
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 Allendale.
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 one year commencing
January 1 and terminating December 31 in each year.
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 or 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
of bills.
