N.J. Admin. Code § 5:32-2.2

Current through Register Vol. 56, No. 23, December 2, 2024

Section 5:32-2.2 - Certification of municipal finance officers

(a) No person shall be appointed or reappointed as a chief financial officer by a municipality unless they have been issued a municipal finance officer certificate by the Director of the Division of Local Government Services.

(b) Unless a person obtains municipal finance officer certification pursuant to the provisions of N.J.S.A. 40A:9-140.4 or 40A:9-140.11, candidates for municipal finance officer certification shall first successfully complete an examination administered by the Division. The examination shall be held on a semi-annual basis.

(c) Candidates for the municipal finance officer certification exam shall meet the age, citizenship, character, and education/experience requirements set forth in N.J.S.A. 40A:9-140.2.a and b. In addition, candidates for examination shall furnish proof of successfully completing the following courses, provided by Rutgers, the State University of New Jersey or the Division of Local Government Services:

1. Municipal Finance Administration;

2. Municipal Current Fund Accounting I;

3. Municipal Current Fund Accounting II;

4. Municipal Capital and Trust Fund Accounting;

5. Municipal Utility Fund Accounting;

6. Municipal Budget Preparation and Control;

7. Principles of Financial Management; and

8. Preparation of Annual Financial Statements.

(d) Upon approval of the Director for content and format, any of the training courses set forth in (c) above may be combined, or may be incorporated into a new or existing undergraduate or graduate-level course.

(e) Applicants for municipal finance officer examination and certification shall submit to the Division an application form approved by the Director. The application submission shall include proof(s) of meeting the requirements set forth in N.J.S.A. 40A:9-140.2. At the discretion of the Director, additional information and documentation may be required upon receipt of an application. Each completed application for examination shall be filed with the Division at least 30 calendar days prior to the date of examination, and shall be accompanied by a fee in the amount of $ 50.00, payable to the Treasurer, State of New Jersey.

(f) The Director shall determine the content of the examination, which shall be of such character as to fairly test and determine the ability to perform the duties of chief financial officer. Examinations shall be written, unless the Director determines that an applicant's qualifications are better evaluated with an exam containing both written and oral components.

(g) Upon a finding by the Director that a candidate has successfully completed the examination or has met the provisions of N.J.S.A. 40A:9-140.4, a municipal finance officer certificate shall be issued to the applicant, upon a payment of a fee of $ 50.00 payable to the Treasurer, State of New Jersey. No examination or fee shall be required for municipal finance officer certificates issued pursuant to N.J.S.A. 40A:9-140.11.

N.J. Admin. Code § 5:32-2.2

Adopted by 49 N.J.R. 3671(a), effective 12/4/2017