The Board of Finance shall have all powers and
duties provided by statutes and by this Charter. The Board of Finance
shall be the chief financial officer and budget-making authority of
the Town. The Board of Finance shall organize its work to devote proper
attention to four areas, although this shall not restrict the Board
of Finance to these areas:
(a) Preparation of the budget for the following fiscal
year.
(b) Management and monitoring of the budget for the current
fiscal year.
(c) Development of long-range financial planning for the
Town in conjunction with the Board of Selectmen and input from the
Long Range Capital Planning Committee.
[Revised 12-5-2002]
(d) Monitoring the Regional School District budget.
[Revised 12-5-2002]
Issuance of bonds and notes shall require an
ordinance enacted at a Town Meeting; except notes in anticipation
of taxes, which notes are to be paid within the fiscal year in which
issued.