The Mayor shall be elected as hereinafter provided and shall hold office for a term of four years or until a successor is elected and qualified. The newly elected Mayor shall take office on the date of the next regular Town Council meeting following election. The Mayor holding office at the time this Charter becomes effective shall continue to hold office for the term for which elected and until a successor takes office under the provisions of this Charter.
(a) 
The Mayor shall see that the ordinances of the Town are faithfully executed and shall be the chief executive officer and the head of the administrative branch of the Town government.
(b) 
The Mayor, with the approval of the Council, shall appoint the heads of all offices, departments and agencies of the Town government as established by this Charter or by ordinance. All office, department and agency heads shall serve at the pleasure of the Mayor. All subordinate officers and employees of the offices, departments and agencies of the Town government shall be appointed and removed by the Mayor in accordance with rules and regulations of any merit system which may be adopted by the Council.
(c) 
The Mayor each year shall report to the Council the condition of municipal affairs and make such recommendations as the Mayor deems proper for the public good and the welfare of the Town.
(d) 
The Mayor shall have complete supervision over the financial administration of the Town government. The Mayor shall prepare or have prepared annually a budget and submit it to the Council and shall supervise the administration of the budget as adopted by the Council. The Mayor shall supervise the disbursement of all monies and have control over all expenditures to assure that budget appropriations are not exceeded.
(e) 
The Mayor shall have such other powers and perform such other duties as may be prescribed by this Charter or as may be required by the Council, not inconsistent with this Charter.