Finance

What we do

The Finance Department is overseen by the Chief Financial Officer (CFO) who is responsible for directing and managing the fiscal affairs of Colts Neck Township, including but not limited to recording all financial transactions; paying all bills; preparing payroll checks; investing township funds; certifying availability of funds prior to bid award; preparing the temporary budget; controlling and analyzing the municipal budget; preparing transfer of funds resolutions; assuring that no account is overspent; creating and supervising a chart of accounts; assisting the Township Auditor; preparing the Annual Financial Statement, Annual Debt Statement, and Balance Sheet; assisting the Township Bonding Attorney in preparing bond ordinances and related materials; assuring that all purchases made with township funds are authorized and appropriate; assuring that all debt is retired in a timely and efficient manner; providing liaisons to the state government and other entities regarding township financial matters; maintaining a general fixed asset system; and maintaining control of all escrow accounts.