[Amended 10-8-1975 by L.L. No. 10-1975]
There shall be and there is hereby established a Department of Finance. There shall be a Commissioner of Finance who shall be a member of the Board of Trustees and who shall be appointed by the Mayor, subject to the approval of the Board of Trustees, including the Mayor, for such term as the Board of Trustees shall determine by resolution. He shall be the head of the Department and shall have general jurisdiction over and control of the administration of the Department of Finance and shall have general supervision over the duties performed by and charged by this article to the Department.
The Commissioner of Finance, in addition to his duties set forth in the preceding section, shall:
A. 
Prescribe and enforce a general accounting system for the government of the Village and each of its departments; establish procedures and practices for the management of the debts of the Village and for the development of policies to safeguard the financial interest of the Village; and establish procedures and practices for the examination and preauditing of all bills, accounts and demands for the payment of money asserted against the Village prior to their audit by the Board of Trustees.
B. 
When designated by the Mayor, obtain estimates of revenues and expenditures from all Village departments and compile the current expense and revenue estimates for the annual budget and prepare the budget.
[Amended 10-8-1975 by L.L. No. 10-1975]
C. 
Control all expenditures to be sure that budget appropriations are not exceeded.
D. 
Maintain a central payroll system and all social security, pension and insurance records required for Village personnel.
Within the Department of Finance shall be the Bureau of the Treasury, in charge of which shall be the Village Treasurer. The Village Treasurer shall be under the direction of the Commissioner of Finance, and the Village Treasurer shall perform such duties as are given him by said Commissioner. The Village Treasurer shall be appointed by the Commissioner of Finance for a term under such conditions and at such compensation as may be fixed by the Board of Trustees. His office shall be in the exempt class of the unclassified service of the civil service. Among other duties to be performed by the Village Treasurer, he shall:
A. 
After the Board of Trustees shall have determined the amount of tax to be levied, but before the actual levy, extend and apportion all taxes upon the assessment roll delivered by him and collect, receive and deposit all payments to the Village on account of taxes, licenses, fees and all other revenues of the Village.
B. 
Compute and render to each owner of real property a statement showing the tax rate, the assessed valuation of and the amount of taxes levied against his real property and the time and place fixed by him for receiving taxes.
C. 
Compute and render bills, if any, for sewer rents, lighting services and other Village services or charges to taxpayers and consumers.
D. 
Have custody of all moneys belonging to the Village and deposit all moneys received by him to the credit of the Village in a bank or trust company designated by the Board of Trustees; said moneys shall be so deposited within three days of their receipt by him.
E. 
Pay out said moneys only as authorized by the Village Law.
F. 
Maintain a complete system of books and records to record all assessments, charges, statements, payments, credits and delinquencies.
G. 
Make such regular accountings of his receipts and disbursements as may be required by the Commissioner of Finance; and, in any event, within 30 days after the close of the fiscal year, file in the office of the Village Clerk a detailed statement showing all revenues and expenditures in the previous fiscal year and the outstanding indebtedness of the Village as of the end of the fiscal year.
Within the Department of Finance shall be the Bureau of Assessment, in charge of which shall be a Board of Assessors. The Board of Assessors shall consist of such number of Assessors as the Board of Trustees may determine. All or some of the members of the Board of Trustees may be appointed to the Board of Assessors. The Board of Assessors shall be subject to the supervision of the Commissioner of Finance and shall assess real property in the Village and prepare and complete assessment rolls in accordance with the Real Property Tax Law.
[Amended 6-11-1992 by L.L. No. 4-1992]
Within the Department of Finance may be a Board of Review. Said Board of Review shall meet in accordance with said Real Property Tax Law to hear all complaints which may be brought before it with respect to assessments. The Board of Review shall consist of a majority of the members of the Board of Trustees if only members of the Board of Trustees make up the Board of Assessors or shall consist of a majority of the members of the Board of Trustees and the Assessors if the Board of Assessors consists of members and nonmembers of the Board of Trustees. Complaints before the Board of Review will be heard pursuant to the Real Property Tax Law.