The fiscal year of the town of Plainville shall begin on the
first day of July and shall end on the last day of June.
The town administrator shall develop and submit to the select
board an overall financial projection of the town and provide an analysis
of how the projection relates to the current and upcoming budget of
the town. The projection shall provide a guideline as each department
formulates its budget for the next fiscal year.
The town administrator shall prepare a capital improvement plan
for the ensuing 5 years, which shall be updated annually. The finance
committee shall present the proposed capital expenditures for the
current fiscal year's capital improvements to the town meeting.