Finance

The Finance Office is responsible for maintaining control and reporting on all financial activity of the Borough of Hopatcong.  This includes, but is not limited to, operating and capital funds for general, water and sewer activities; animal control trust, other trusts, fixed assets, payroll, grants and accounts payable.
 
The CFO is responsible for the preparation of the annual financial statements, annual and supplemental debt statements and balance sheets of all Borough funds and for all general financial matters.  This includes debt issuance, revenue analysis, and monitoring expenditures.  The CFO oversees all financial records in order to determine the financial position of the Borough, compliance with various laws and regulations and procedural accuracy.  The CFO also advises the Mayor, Council, Administrator
and department heads on financial/budgetary matters and is responsible for all other general fiscal functions.  The Borough's CFO, Judith, started with the Borough in 2025.
 
The Payroll Clerk is responsible for the preparation and maintenance of employee payroll and health insurance files, attendance, bi-weekly payroll and ensuring all agency payments are made in accordance with contractual and legal regulations.  They also reconcile quarterly pension and wage tax reporting.  Other duties include the processing of all the payments of bills, and preparing interlocal billings. The Borough's Payroll Clerk, Courtny, started with the
Borough in 2022.
 
Accounts Payable and Purchasing is responsible for ensuring all purchases follow and adhere to the purchasing process. They prepare the Bill List for each Council Meeting and oversee all contract files under the guidance of the CFO and QPA. The Borough's Purchasing Assistant, Brigitte, started with the Borough in 2022.
 
The Governing Body authorizes the payment of municipal obligations at its regular business meeting, generally held on the first and third Wednesday of each month.  The Bill List is included in the Agenda for interested parties.

OPRA Request Form

2011 Audit Report

2012 Audit Report

2013 Audit Report

2014 Audit Report

2015 Audit Report

2016 Audit Report

2017 Audit Report

2018 Audit Report

2019 Audit Report

2020 Audit Report

2021 Audit Report

2022 Audit Report

2023 Audit Report

2024 Audit Report

2017 Annual Debt Statement

2018 Annual Debt Statement

2019 Annual Debt Statements

2020 Annual Debt Statements

2021 Annual Debt Statement

2022 Annual Debt Statement

2023 Annual Debt Statement

2024 Annual Debt Statement

2010 Annual Financial Statement

2011 Annual Financial Statement

2012 Annual Financial Statement

2013 Annual Financial Statement

2014 Annual Financial Statement

2015 Annual Financial Statement

2016 Annual Financial Statement

2017 Annual Financial Statement

2018 Annual Financial Statement

2019 Annual Financial Statement

2020 Annual Financial Statement

2021 Annual Financial Statement

2022 Annual Financial Statement

2023 Annual Financial Statement

2024 Annual Financial Statement