FINANCE for the Borough of Milford, New Jersey

The Finance Officer processes all financial transactions; accounts payable, payroll, revenue, investments, and debt issuance. Outside contractors that support the Finance Office include the independent auditor, bond counsel, and banking services. Responsibilities of the Borough’s Finance Office, in addition to processing financial transactions, include monitoring compliance with the many state and federal laws and regulations governing municipal finance, guiding other Borough Offices on complying with said laws and regulations regarding internal and external financial reporting, financial planning, and other technical assistance to the Mayor and Council in preparing the annual municipal budget, and monitoring spending against the adopted municipal budget.