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Finance Committee
The Committee on Finance shall, in conjunction with the Borough Manager, oversee all matters pertaining to the financial interests of the Borough; shall recommend to Council the rate of taxation; shall examine the duplicate of the Collector of Borough taxes and cause all taxes collected to be deposited with the Treasurer of the Borough; shall suggest from time to time such matters for the action of Council as may be of importance to the financial interest of the Borough; shall provide for the payment of all debts due by the Borough and shall, unless such collection is specifically made the duty of another committee, collect all rents and debts due to the Borough; shall prepare for publication all statements of municipal receipts and expenditures, assets and liabilities, as may be required by law; shall, in a specially ruled book to be delivered by each to its successor, maintain such a comprehensive system of municipal finances as to be able to compare committee and departmental expenses and ascertain the financial condition of the Borough at any time; shall audit the Treasurer's accounts at least once every month and shall include in every monthly report a detailed statement thereof up to and including the date of such report; shall attend to all duties which may be properly referred to such Committee by Council and shall comply with and enforce the requirements of all laws and ordinances which relate to municipal finances. |
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