Silvio Esposito

Finance Department
Title: CMFO/CTC/Treasurer
Phone: 973-428-2480

The Chief Municipal Finance Officer/Treasurer is responsible for the Township's annual financial statement, annual debt statement and balance sheet. Mr. Esposito is also responsible for all general financial matters, such as budget execution, bond investments and revenue analysis. He prepares the official municipal budget based on spending decisions made by the Township Committee.

Additional responsibilities include a variety of activities such as capital budgeting, inventory control and salary and benefit costing for collective bargaining negotiations. A designation of Certified Municipal Financial Official (CMFO) is required for permanent appointment.

Tax Collector Duties
Mr. Esposito is also the Township's Tax Collector. Some of the principal duties include:
  • Receives and collects all moneys assessed or raised by taxation or assessment for any purpose
  • Prepares monthly reports to the governing body on all receipts, deposits and cash on hand belonging to the Township
  • Enforces tax collection procedures and chairs the annual tax sale

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