Finance Department

The Department of Finance is responsible for maintaining the integrity and accountability of the Borough's fiscal operations while providing funding for services to residents at the lowest possible cost.

Jon Rheinhardt

Chief Financial Officer
(973) 361-8444 x2720

Katie Lorito

Treasurer
(973) 361-8444 x2720

Finance Department

The Department of Finance is responsible for maintaining the integrity and accountability of the Borough's fiscal operations while providing funding for services to residents at the lowest possible cost.

Jon Rheinhardt

Chief Financial Officer
(973) 361-8444 x2720

Katie Lorito

Treasurer
(973) 361-8444 x2720

About

The Chief Financial Officer directs the preparation of the annual municipal budget by coordinating the funding requests of all departments, developing reasonable revenue estimates for the upcoming year, and assisting the Business Administrator and Borough Council in formulating a responsible fiscal plan that provides efficient funding for as many services as possible while minimizing the property tax impact on residents. Capital expenditures are regularly reviewed to determine the correct timing for the issuance of debt so that the impact of debt service on future budgets can be minimized throughout the year so that necessary adjustments can be made.

The Treasurer regulates the Borough's cash flows by depositing cash receipts promptly, ensuring that all financial claims are properly disbursed, maximizing interest revenue by investing excess cash, administering payroll and employee benefits, and recording financial transactions in a timely and accurate manner.

The Borough's budget, accounting records and fiscal operations are examined each year by independent auditors.

State Government & Your Local Property Taxes

What Residents & Businesses Should know - Click Here for More Information

Union Contracts

The following are the union contracts in place for the Borough of Wharton Borough:

Municipal Budget

2020 Introduced Budgets

The following are links to the Borough's Adopted Budgets:

2019 Budget Information

2018 Budget Information

2017 Budget Information:

2016 Budget Information:

2015 Budget Information:

2014 Budget Information:

2013 Budget Information:

2012 Budget Information:

Annual Financial Statements

The Borough is required to file various financial statements which are statutorily required.
Annual Financial Statements (Unaudited):

Annual Debt Statements:

Annual Audits:

User Friendly Budget

The Borough is required to present the budget in the State Budget Format. However, we also offer a boiled down version of the state document to make understanding the municipal budget easier.

Click on the following links to get a better understanding of your municipal budget.

Budget Presentation