[Amended 3-19-2013 by Ord. No. 13-03]
Within the Department there shall be a Division of Finance, the head of which shall be the Chief Financial Officer, who shall be qualified by training and experience.
A. Composition. Upon the supervision of the Chief Financial Officer, the Division of Finance shall include the Accounts and Control Section, the Revenue Section and the Assessment Section. The Division shall also include the Finance Committee of Council and the Township Insurance Advisor. The Chief Financial Officer shall be appointed by the Mayor with the advice and consent of Council, and the Chief Financial Officer may serve as Tax Collector. The Division shall have such other employees as shall be established by ordinance.
B. Powers and duties.
(1) Under the supervision of the Chief Financial Officer, the Division shall:
(a) Maintain and operate the Township's central bookkeeping and accounting records according to sound accounting principles and in accordance with the requirements of the Director of the State Division of Local Government.
(b) Develop, maintain and enforce uniform system of accounts, including forms, standards and procedures for all departments of the municipal government.
(c) Have custody of all public moneys of the Township and provide proper bank account to protect and separate funds.
(d) Control all receipts and disbursements of the municipal government and of each of its departments and preaudit all bills, claims and demands against the Township, including payrolls.
(e) Review funds disbursements so that no municipal funds shall be disbursed except pursuant to and within the limits of appropriations made in accordance with the law. All disbursements shall be by bank check or by draft signed by the Mayor and countersigned by the Chief Financial Officer.
(f) Make monthly reports to Council of all receipts, expenditures, commitments and unencumbered appropriation balances.
(2) Issuance of checks; monthly summary.
(a) Prior to the issuance of checks by the Chief Financial Officer, vouchers shall be certified by the vendor, certified by the department head of the department that will be charged for the goods received or services rendered, and certified by the Chief Financial Officer.
(b) The voucher/bill list shall be approved by the majority of the Township Council at a regular meeting of the Township Council. Vouchers and supporting data shall be physically available for review by any Council member prior to approval of the list.
(c) The Chief Financial Officer shall prepare a monthly statement of expenses that shall include reference to the appropriate budgetary line items for distribution to the Mayor and the Township Council.
(d) The Chief Financial Officer shall be authorized to pay any bill that would become delinquent prior to the next regularly scheduled Council meeting, including, but not limited to, utility bills, insurance premiums, telecommunications bills, and other similar bills incurred in the routine operation of the Township, provided that the Mayor or applicable department head endorses each purchase order to be so paid, and a bill list for all purchase orders paid outside of a regular meeting shall be submitted to and ratified by the Mayor and Council at the next scheduled regular meeting. The Council shall have the authority to establish by resolution a specific list of bills eligible for payment, pursuant to this subsection provision.
[Added 10-18-2016 by Ord. No. 16-14]
(3) The Chief Financial Officer, in accordance with the law, is designated as financial officer to issue and award bonds in accordance with the terms of advertised public sale. He shall report at the next meeting the principal amount, interest rate, maturities, price and underwriter. He shall supervise receipt, delivery and transfer of bonds, subject to Local Bond Law (N.J.S.A. 40A:2-1).
(4) The Chief Financial Officer shall receive all moneys paid to any department of the Township government in the performance of its duties and shall deposit such moneys in an authorized depository of the Township within 48 hours of receiving such moneys or on the first banking day thereafter.
(5) The Chief Financial Officer shall establish uniform standards for requisitions.
(6) The Chief Financial Officer shall arrange for the conduct of the annual audit by the Township Auditor, who shall be appointed annually by the Mayor with the advice and consent of Council, and shall cooperate with the Auditor in the performance of his duties in accordance with state law for municipal audits.
(7) The Chief Financial Officer shall have custody of all investments and invested funds of the municipality or in its possession in a fiduciary capacity, except as otherwise provided by law, and keep such funds and all municipal moneys not required for current operation safely invested or deposited in interest bearing accounts as may be approved by the Council in accordance with law.
(8) The Chief Financial Officer shall report to Council at the final regular meeting of each year on amounts committed for which invoices have not been received and on the purpose for which such appropriation was made.
C. Accounts and Control Section. Within the Division there shall be an Accounts and Control Section, which shall assist the Chief Financial Officer in maintaining the financial records of the Township and shall perform such other duties as may be assigned.
D. Revenue Section. Within the Division of Finance there shall be a Revenue Section, the head of which shall be the Municipal Tax Collector. The Tax Collector shall:
(1) Perform the functions of a collector of taxes under general law, including without limitation thereto the preparation and mailing of tax bills, enforcement of tax collections by tax sales and otherwise and the maintenance of tax accounting records in such a manner as may be prescribed pursuant to the Charter and this chapter.
(2) Receive and collect all current and delinquent real property taxes and charge and receive penalties and interest pursuant to law.
(3) Make or cause to be made certified searches for tax and other liens on real property as may be authorized by law, and charge and collect for the use of the municipality the fee required pursuant to law for any such search.
(4) Maintain suitable books or other records and enter in said books the sums received each day, together with the account to which each receipt is credited.
(5) Report monthly to the Council on the total amount collected and on the ratio of tax revenues collected to anticipated revenues.
(6) Within 60 days after the end of the calendar year, report in writing to Council a true list of delinquent taxpayers for the preceding year or for a period required by the Council.
(7) Deposit in the authorized depository of the municipality all moneys received within 48 hours of receipt or upon the first banking day thereafter.
E. Assessment Section.
(1) Within the Division of Finance there shall be an Assessment Section, the head of which shall be the Tax Assessor appointed by the Mayor with the advice and consent of Council.
(2) The Tax Assessor shall be qualified by both training and experience to perform the duties of a municipal tax assessor in accordance with state law.
(3) The Tax Assessor shall:
(a) Have, perform and discharge all of the functions, powers and duties prescribed by law for a municipal assessor.
(b) Maintain adequate and current assessment records of each separate parcel of real property assessed or exempted.
(c) Establish procedures for the assessment of real property within the Township.
(d) When authorized by the Council, conduct assessment for other local governments.
(e) Maintain a current tax map of the Township as a public record.
(f) Maintain a current sales map of the Township showing all usable sales and deed dates.
F. Finance Committee.
(1) Within the Department there shall be a Finance Committee appointed by the Mayor with the advice and consent of Council.
(2) The Finance Committee shall consist of two members who shall be Councilmen. The Mayor, with the advice and consent of Council, may also appoint a citizen of the Township who is qualified by training or experience in financial matters to serve as adviser to the Committee.
(3) The Finance Committee shall choose its Chairman annually from among its members.
(4) The Committee shall advise the Chief Financial Officer and provide liaison between the Division of Finance and the Council.
(5) The Committee shall supervise the investment of Township funds, in accordance with the laws governing the investment of such moneys, and shall make quarterly recommendations to the Chief Financial Officer as to amounts to be invested and the securities or accounts in which moneys are to be invested.