The Certified Municipal Finance Officer or CMFO is responsible for handling the Municipal Budget preparation, Bond sale Preparation, annual financial statements, Budget maintenance and execution.
Payroll is responsible for maintaining payroll, pension and other payroll records. We also handle the quarterly and annual reporting for employee taxes and pension contributions.
Revenue keeps a daily record of all cash receipts and disbursements made by all departments and the monthly reconciliation of the Borough’s bank statements.
Purchasing prepares purchases orders from requisitions of various departments. We are not a centralized purchasing office, we oversee the departments purchasing requests ensuring all state and local contract laws are followed. All of this is done to ensure that the Township receives the most competitive pricing.
Accounts Payable prepares a Bill List and presents it to the Borough Council once a month for their approval. Bills are paid every second Wednesday of the month and are due in by the first Wednesday of each month to be placed on the Agenda for payment. We also collect and maintain W-9's and Business Registration Certificates (B.R.C.) for all vendors paid by the Borough. The following link can help any vendor apply for a business registration with the State of New Jersey or obtain a copy of a B.R.C. if you are already registered. Also a W-9 form can be printed from the IRS website (PDF).
View the municipal budgets for Medford Lakes.
Find the municipal audits for Medford Lakes.