Within the Borough, there shall be a Borough
Treasurer. The Collector, when so designated by the Mayor and Council,
shall be the Treasurer of the Borough. He shall serve for a term of
one year.
There may be an Assistant Borough Treasurer
appointed by the Council for a term of one year. It shall be the duty
of the Assistant Borough Treasurer generally to aid and assist the
Borough Treasurer in the performance of the duties of his office,
in such manner as the Borough Treasurer shall from time to time direct.
The Assistant Borough Treasurer shall perform the duties of the Borough
Treasurer in the latter's absence or incapacity.
The Treasurer shall have, perform and exercise
all the functions, powers and duties provided by general law and Borough
ordinances. He 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 Finance in the Department of Community Affairs
of the State of New Jersey. He shall have custody of all public moneys
of the Borough and 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 department,
board, office or agency thereof, except as otherwise provided by Borough
ordinance, shall be paid to the Treasurer who, by the next ensuing
bank day after their receipt, shall deposit them in the authorized
public depository of the Borough to the credit of the proper account.