The Finance Department is responsible for all financial transactions relating to the revenues and disbursements of the Borough.  This department keeps a full account of all cash receipts and disbursements of the Borough, has custody of all investments and invested funds of the Borough in a fiduciary capacity, keeps all money not required for current operations safely invested or deposited in interest-bearing accounts, handles the payroll for municipal employees, processes requisitions and purchase orders for payment and collects current and delinquent taxes.   The Chief Financial Officer oversees the financial operations of the Borough.

The Tax Collector is charged with the responsibility for receiving and collecting all taxes and assessments both current and delinquent.  The Office of the Tax Collector bills over 3,100 taxpayers and collects taxes quarterly.  Taxes are due : February 1, May 1, August 1, and November 1. 

A ten-day grace period to the 10th of the month is allowed by resolution of the Mayor and Council after which interest is charged from the first day of the month in which payments are due. For example, the first quarter taxes are due on February 1st.  The grace period is through February 10th.  If payments are received after February 10th, interest is retroactive to the original due date of February 1st as per New Jersey Statute 54:4-66.  The same applies to each quarter thereafter.