Finance

Responsibilities

The Borough of Spotswood Finance Office 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, computer consultants (software, hardware, and technical support), and banking services.

The 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, providing guidance to other Borough Offices on complying with said laws and regulations, internal and external financial reporting, financial planning and other technical assistance to the Mayor and Business Administrator in preparing the annual Borough Budget, monitoring spending against the adopted Borough Budget, maintaining the computer network infrastructure, and supporting software applications used by all Borough Offices.

Financial Documents