Finance & Tax Collector

Finance Department & Tax Collector

Chief Financial Officer is responsible for effectively maintaining Allendale’s financial administration, overseeing its resources and supervising the administration on all major finance areas. Working with the Mayor, the fiscal responsibilities of this department begin with the budget process, which includes preparing and monitoring and studies for future cost containment.

Additionally, the CFO provides management with accurate, timely analysis of all financial information. These reports are a planning tool for the governing body for setting the long-term goals and objectives of the Borough and to provide for prudent management of the Borough’s resources.

Along with these responsibilities, the CFO maintains custody of all local funds, controls debt management, plans the annual budget, disburses funds, and implements the cash management policy to achieve interest maximization on investments. Further, the CFO is responsible for the preparation of payroll and the maintenance of all municipal accounting records.

 

Office of Tax Collection

**NEW –  AFTER HOURS MAIL SLOT AT BOROUGH HALL LOCATED NEAR REAR DOOR – FOR TAX AND WATER PAYMENTS ONLY.

The Tax Collector is responsible for billing, collection, reporting, and enforcing of municipal taxes for the Borough of Allendale. Tax bills are mailed out in July, and the first payment is due August 1st. Property taxes are due February 1, May 1, August 1 and November 1.

Failure to receive a tax bill does not exempt you from paying your taxes or the interest due on delinquent taxes, but the Borough does permit a ten (10) day grace period. Taxes must be received in the office before the 10th; however, if the 10th falls on a weekend or legal holiday you have until the next business day to make payment. The State of New Jersey does not permit postmark dating. All payments may be made by check or money order. The interest rate charged for late payment of taxes is 8% on the first $1,500.00, plus 18% on the amount over $1,500.00. Bills may be paid in full by adding the amounts on the four numbered stubs. This covers the last half of the current year and the first half of the following year.

As a statutory officer of the State of New Jersey, the Tax Collector is obligated to follow all the State Statues regarding property tax collection including rate, interest of delinquent tax payments, and tax sale procedures.

Bergen County Government, the Local Public School District, Northern Highlands Regional High School and the Library develop and adopt their budgets that are funded by taxes. New Jersey’s fiscal laws require the municipal government of Allendale to serve as a billing and collection agency for all four separate entities. It is important to note that municipal taxes are only a portion of an Allendale property taxpayer’s obligation.

Added and Omitted Assessments

An improvement to your home will increase its selling price and property tax. This will take the form of an added assessment tax bill, which you will receive in the mail after the improvement is substantially completed for its intended use. This bill shall be payable on November 1, February 1, and May 1. Then, the added assessment amount will be included in your annual tax bill received in July for the new tax year.

The added assessment is the difference between the property assessment before and after the improvement. It does not reflect the cost of the amenity itself or the cost of the project.

If you did not receive an Added Assessment Tax Bill for work completed in the previous year, you will receive an Omitted Added Assessment Bill, in addition to an Added Assessment Bill, the following year. The original bill will be mailed to your mortgage company if you have one, and you will receive an advice only copy. We recommend that you contact your mortgage company to ensure payment will be made.