[Adopted as Art. III, Sec. 2, of the Bylaws; amended 5-16-2006
ATM by Art. 16]
[Amended 5-10-2021 ATM by Art. 44]
The Finance Committee shall have all the powers and duties as
set forth in the General Laws, and shall consist of five regular members
and up to three associate members. Associate members may vote in the
temporary absence of a regular member on the regular business of the
Finance Committee but may serve and participate on any subcommittees
(e.g., Capital Planning Subcommittee) of the Finance Committee as
fully as regular members. Appointments to the same shall be made by
a committee consisting of the Chair of the Select Board, the Moderator
and the Chair of the School Committee. Appointments shall be made
for a period of three years and shall be so made that not more than
two members shall have their terms expire in any one year. In case
of vacancy, a member shall be appointed to fill the unexpired term.
[Amended 5-10-2021 ATM by Art. 44]
The Finance Committee shall consider all articles in the warrant
previous to any Town Meeting regularly called and shall file a report
of its recommendations with the Select Board at least seven days before
each meeting. No amount shall be transferred from the Reserve Fund
to any appropriation which shall require additional funds to complete
the fiscal year unless approved by the Finance Committee.
