The responsibility of local assessment receivable for each parcel of property falls on whom?

Prepare for the New Jersey CMFO Statutes Exam. Access multiple choice questions and flashcards with hints and detailed explanations. Excel in your exam!

The responsibility for local assessment receivable for each parcel of property falls on the Tax Collector. This position is crucial as the Tax Collector manages the billing and collection of property taxes and assessments, ensuring that revenues needed for local government operations are secured.

In municipal finance, the Tax Collector oversees the accuracy and timeliness of property tax payments, which are key to funding various municipal services. This role includes maintaining records pertaining to property assessments and ensuring that any changes, such as new assessments or changes in parcel values, are accurately reflected in the billing process.

The Tax Collector also implements collection practices and interfaces with taxpayers regarding their obligations. This position is governed by both state statutes and local ordinances, highlighting the necessity for this role in managing municipal revenue.

The other positions mentioned, such as the Municipal Clerk, City Treasurer, and Finance Director, each have distinct responsibilities that do not encompass the collection and management of local assessments at the level assigned to the Tax Collector.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy