Gloucester County Consolidates Treasurer Position
(Woodbury, NJ) - Gloucester County Freeholder Director Stephen Sweeney announced today that Gloucester County will be merging the County Budget Officers' position with that of the County Treasurers position beginning on December 1. Jean DuBois, who held the position of County Treasurer since 1984, will retire on November 30, 2007. She will be sworn-in as a member of the Gloucester County Board of Chosen Freeholders in January of 2008.
Gary Schwarz, a certified public accountant, the County's Budget Officer and Deputy Treasurer since 1987, will be appointed Treasurer/Budget Officer and administer both offices. Previous to this merging, the Budget Office and Treasurer's Office worked in tandem, however performed separate tasks. The County Treasurer is the custodian of all county funds and Library Commission funds.
The Budget Office Division of the Treasurer's Office prepared the budget, held budget hearings for all departments and prepares budget recommendations to be presented to and considered by the Board of Chosen Freeholders. The Budget Office also develops and monitors a six-year Capital Improvement Plan for the County.
"We have confidence in Gary's ability to perform both his job of putting together the county's annual budget and many of the Treasurers responsibilities," said Freeholder Director Sweeney. "It will be more work for Gary and for the other staff in the office, however these professionals are dedicated to helping reduce the cost and size of government and we know they can do it."
Sweeney said that some of the responsibilities the Schwarz would be taking over include administering the office, investing county funds, and preparing the Treasurer's Office budget.
"This administrative move saves money in salary and benefit costs," said Director Sweeney. "This is not the first time we have consolidated offices or positions, we have restructured our legal counsel and consolidated the Board of Social Services into county government. Both moves have proved to be beneficial to the taxpayers and we will continue with this practice whenever it can be achieved," said Sweeney.
In addition to investing the county funds, wiring funds, transferring and posting cash, and drawing down funds from state and federal grants, the Treasurer's Office operates a data network controlling encumbrances to prevent over expenditures and maintain journals, ledgers and cash books, and reports monthly receipts and disbursements in a financial statement. All health benefits are monitored through this department.
County payrolls are prepared and issued by the Treasurer's Office. The Office also process the payments of monthly bills, prepare state mandated financial reports, and W2's. The Treasurer's Office administers the Pitman Commercial Revitalization Program, the 108 Loan Program and the Seized and Forfeited Funds for the Prosecutor's Office.
"The county is fortunate to have a willing and able staff that is ready to step up to the plate and take on more responsibilities. Jean's retirement is a loss to the county and a boost to the county all at the same time. Her knowledge of the finances of Gloucester County are outstanding and we are happy she will be joining the Freeholder Board to use her knowledge," Sweeney said.
Schwarz, who earns $127,935 will receive an additional $25,000 annually for his responsibilities. DuBois retired at $112,559.