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2nd floor
Phone: 973-470-5784
Fax: 973-470-9456
Hours: Mon.– fri. 8:15am - 4:15pm
Chief financial Officer: Jonathan Capp
Municipal Treasurer: Kimberly Kientz
The Department of Finance is responsible for maintaining the integrity
and accountability of the City’s fiscal operations while providing funding for services
to residents at the lowest possible cost.
The Chief Financial Officer directs the preparation of the annual
municipal budget by coordinating the funding requests of all departments, developing
reasonable revenue estimates for the upcoming year, and assisting the City Manager
and Municipal Council in formulating a responsible fiscal plan that provides efficient
funding for as many services as possible while minimizing the property tax impact
on residents. Capital expenditures are regularly reviewed to determine the correct
timing for the issuance of debt so that the impact of debt service on future budgets
can be minimized throughout the year so that necessary adjustments can be made.
The Treasury Division regulates the City’s cash flow by depositing
cash receipts promptly, ensuring that all financial claims are properly disbursed,
maximizing interest revenue by investing excess cash, administering payroll and
employee benefits, and recording financial transactions in a timely and accurate
manner.
The city’s budget, accounting records and fiscal operations are examined each year
by independent auditors.
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