[Adopted 2-15-1937 ATM by Art. 19, approved
3-19-1937 (Bylaw 36)]
There shall be a Finance Committee consisting of seven members who shall
reside in the Town and shall be registered voters therein. No officer or employee
of the Town shall be eligible to serve on said Committee. Within 10 days after
the final publication of this article, in case it shall be approved by the
Attorney General, the moderator shall appoint two members of the Finance Committee
to serve for three years. All appointments to the Finance Committee heretofore
made and in effect at the time of the adoption of this article shall continue
in force until the expiration of the respective terms of appointment. Within
10 days after each annual meeting after 1936, the Moderator shall appoint
for the term of three years such number of members of the Finance Committee
as shall be necessary to replace the members whose terms have expired. In
the event of a vacancy for any other cause than expiration of term of office,
the Moderator shall forthwith fill such vacancy for the unexpired term. The
Finance Committee shall elect its own Chairman and Secretary.
[Amended 5-2-2005 ATM, Art. 11, approved 8-4-2005]
In addition to the duties with relation to the reserve fund prescribed
by law, the Finance Committee shall consider all municipal questions involving
the appropriation of money, and may consider any municipal question, make
such recommendations as the Committee deems advisable upon all subjects considered
by it, and shall submit its recommendations and report to each Town Meeting,
regular or special. The Finance Committee shall submit a budget at the Annual
Town Meeting.
