The annual compensation of each officer, full-time and part-time employee heretofore fixed by ordinance shall be payable biweekly on every other Friday.
A. 
At the first meeting of the governing body in January of each year, there shall be approved an account to be designated the “Borough of Lavallette Payroll Account,” and from time to time the Chief Financial Officer, upon receipt of a warrant for the amount due such payroll account, shall deposit the same to the credit of the payroll account, charging the appropriate budgetary accounts therewith.
B. 
The Chief Financial Officer shall thereafter draw checks on said payroll account to the employees entitled to payment therefrom.
C. 
At each regular meeting of the governing body, the Chief Financial Officer shall submit for approval or ratification, as the case may be, the necessary payrolls for the amount due the officers and employees for compensation. The payrolls shall be considered by the governing body in due course and approved if found correct.
D. 
In case of error or adjustment in the payroll, the Chief Financial Officer shall, and it shall be his duty to, see that such error or adjustment is properly corrected and appropriate record made thereof.