Municipal Finance Administration Quiz
1-10 Graded A+
What are the duties of the CFO? - Correct answer-1. preparation of annual budget
2. maintenance of books and records
3. custody of all public funds
What are the duties of MTC (municipal tax collector) - Correct answer-receiving
and collecting all funds raise by taxation
How are counties classified? - Correct answer-1. size
2. geography
3. population
4. density
5. location
What are the five basic types of municipalities? - Correct answer-1. Town
2. Township
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, 3. Village
4. Borough
5. City
What are the five types/levels of local government? - Correct answer-1. municipal
2. county
3. authority
4. special district
5. school district
How many municipalities are in New Jersey? - Correct answer-564
What does revaluation mean? - Correct answer-refers to the complete appraisal
(assessment) of all land buildings by a competent firm experienced in mass
appraisal techniques for property tax purposes
What are the appointed municipal officers? - Correct answer-1. Chief
Administrative Officer
2. Municipal Attorney
3. Municipal Engineer
4. Municipal Clerk
©COPYRIGHT 2025, ALL RIGHTS RESERVED 2
1-10 Graded A+
What are the duties of the CFO? - Correct answer-1. preparation of annual budget
2. maintenance of books and records
3. custody of all public funds
What are the duties of MTC (municipal tax collector) - Correct answer-receiving
and collecting all funds raise by taxation
How are counties classified? - Correct answer-1. size
2. geography
3. population
4. density
5. location
What are the five basic types of municipalities? - Correct answer-1. Town
2. Township
©COPYRIGHT 2025, ALL RIGHTS RESERVED 1
, 3. Village
4. Borough
5. City
What are the five types/levels of local government? - Correct answer-1. municipal
2. county
3. authority
4. special district
5. school district
How many municipalities are in New Jersey? - Correct answer-564
What does revaluation mean? - Correct answer-refers to the complete appraisal
(assessment) of all land buildings by a competent firm experienced in mass
appraisal techniques for property tax purposes
What are the appointed municipal officers? - Correct answer-1. Chief
Administrative Officer
2. Municipal Attorney
3. Municipal Engineer
4. Municipal Clerk
©COPYRIGHT 2025, ALL RIGHTS RESERVED 2