[Adopted 6-1-1992 ATM by Art. 37 as Ch. III of the 1992
Bylaws]
[Amended 5-10-2018 ATM
by Art. 23]
There shall be a Finance Committee consisting of fifteen (15) members who shall be appointed in the manner prescribed by § 2-5(b) of the Charter.
The duties of the Finance Committee shall include
consideration of any and all municipal questions for the purpose of
making reports and recommendations to the Town and consideration of
the articles in the warrant for Town Meetings, and it shall report
at each Town Meeting estimates and recommendations with reasons therefor
for the action of the Town. Said estimates and recommendations, insofar
as they pertain to any subject contained in the warrant for the Annual
Town Meeting, shall be in print and made available to the public at
least seven days prior to consideration of the Town warrant; and all
Town officers and committees shall, upon the request of the Finance
Committee, furnish it with facts, figures and any other information
it may request pertaining to their several departments.
[Amended 5-10-2018 ATM
by Art. 23; 11-5-2018 RTM by Art.
17]
Whenever a vacancy occurs in the Committee, by resignation, failing to qualify or otherwise, the same shall be filled by the Finance Committee Selection Committee, as set forth in § 2-5(b) of the Charter, excepting only that in such case such committee shall consist of the Moderator, the Chairperson of the Town Council and the Chairperson of the Finance Committee; and if any member absents himself from five consecutive meetings, the member may be dropped and the vacancy filled.
No person holding an elective Town office shall
be eligible to serve on the Finance Committee.