[Adopted as Article V of the 7-10-1964 Compilation of Bylaws]
A Finance Committee is hereby established to consist of seven members.
The terms of the members shall be for three years, but at the Annual Town Meeting to be held in the month of March 1936, the Moderator shall appoint three members to serve for three years, three members to serve two years and one member to serve one year, and thereafter the Moderator shall appoint members of the Committee to serve for a period of three years.
Any member appointed to fill a vacancy shall serve for the unexpired term.
Said Committee shall choose its Chairman and Secretary.
All articles of the Warrant calling for appropriations at any meeting shall be referred to this Committee. The Committee shall examine and study the budget submitted by various Town departments. This section is enlarged by Chapter 56 of the Acts of 1950, amending MGL c. 39, § 16, in that the Finance Committee shall now consider any or all municipal questions for the purpose of making reports and recommendations to the Town.
The Committee shall have access to all facts, figures, records and other information relating to all Town departments, boards committees or officers, and the same shall be furnished forthwith by any department, board, committee, officer or employee whenever so requested by the Committee.
The Committee shall report in print or otherwise at all Town Meetings. For the information of the voters, the report to the Annual Town Meeting shall be in print.