Finance
The Finance Office processes all financial transactions including accounts payable, payroll, revenue, investments, and debt issuance.
Outside contractors which support the Finance Office include the independent auditor, bond counsel and banking services. Responsibilities of the Township’s Finance Office, in addition to processing financial transactions, include:
- Monitoring compliance with the many state and federal laws and regulations governing municipal finance
- Providing guidance to other Township offices on complying with said laws and regulations
- Internal and external financial reporting, financial planning and other technical assistance to the Mayor and Administrator in preparing the annual Township budget
- Monitoring spending against the adopted Township budget
- Maintaining the computer network infrastructure and supporting software applications used by all Township offices
S&P Global Ratings raised its long-term rating on Robbinsville Township, New Jersey’s general obligation (GO) debt one notch to ‘AA+’ from ‘AA’. The outlook, where applicable, is stable.
• In addition, S&P Global Ratings assigned its ‘SP-1+’ short-term rating to Robbinsville’s $9.4 million series 2026A bond anticipation notes (BANs).
• S&P Global Ratings also affirmed its ‘SP-1+’ short-term rating on Robbinsville’s previously existing BANs.
• The upgrade reflects the township’s improved unassigned fund balance position, bolstered by a recent history of positive performance, despite facing an elevated fixed-cost burden.
• The stable outlook reflects our view that the Township, governed by its policies and practices, coupled with its ongoing economic development, will support stable operations.