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Finance Department
About the Department
The Chief Financial Officer has responsibility for the Finance Department which includes the following areas: Financial Administration, Tax Collection, and Water Utility billing.
Duties & Responsibilities
The Finance Department functions under the CFO who must:
- Manage an automated payroll system and prepare all necessary state and federal reports.
- Maintain a computerized budget and appropriations control system that meets all state and legal requirements.
- Maintain a general ledger record for all municipal, utility, capital and trust funds.
- Prepare and manage the accounts payable functions.
- Maintain all the relationships with the Town's commercial banks and execute all banking transactions.
- Manage all cash investments to maximize the amount of interest earned on the Town's funds.
- Issue the approved Town Notes and Bonds to the Town's capital projects.
- Prepare Municipal Budget, Annual Financial Statements, and the Budget In Brief documents with the Administrator.
- Maintain, analyze, and control the various Town Trust Funds.
- Collect all property taxes and follow up on delinquencies. Conduct the sales of tax liens on properties.
- Prepare all water and electric bills and provide the required customer service.
- Maintain an accounts receivable system for both utilities.
- Manage and analyze the financial performance of both the water utility. Recommend any rate increases or decreases whenever appropriate.
- Manage the Town's insurance coverage for liability, property, and automobile damage, and medical and dental benefits.
- Prepare and manage the Town's 6-Year Capital Plan. This Plan identifies the annual spending and funding sources for road and sewer reconstruction, public works’ equipment, fire and police equipment, building maintenance, parking lots, parks / fields, and all other capital projects.
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Finance Department MAIN PAGE
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Annual Budget Process
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Tax Office
Find out when property taxes are due and what tax rates are.
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Budgets, Financials & Audits
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Utility Billing (Water & Sewer)
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Bill Lists
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Jennifer Muscara
Tax CollectorPhone: 973 402-9410, ext. 617
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Elizabeth Bonsiewich
Water and Sewer BillingPhone: 973 402-9410, ext. 623
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Finance
Physical Address
100 Washington Street
Boonton, NJ 07005
Phone: 973 402-9410
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Mike Yazdi
Chief Financial OfficerPhone: 973 402-9410 ext. 619
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Meghan Lynch
Finance Clerk (Accounts Payable)Phone: 973 402-9410, ext. 616