The Finance Office develops, maintains and enforces a uniform system of accounts, including forms, standards and procedures for all departments of the municipal government. Other responsibilities of the Department of Finance include but are not limited to the following:
- maintain central accounts and records
- control expenditures
- pre-audit bills and claims
- custody of securities and investments
- invest surplus funds
- prepare the Annual Budget
- prepare the Financial Statements
Click here for Borough of Longport Financial Documents and Reports
Each municipality is required to have a CFO and that individual may not be a member of the governing body.
Regradless of the type of local finance organization, Finance is a staff activity. The Finance Officer continually advises the Mayor and governing body on financial matters. In this role the CFO plays an important role in helping to define a community's fiscal policy and in providing services to the operating departments.