[Amended 5-2-2022 ATM by Art. 8]
There shall be a standing Finance Committee
consisting of five members elected at large. The members of the Finance
Committee shall be elected for alternating three-year terms. Any vacancies
in the Finance Committee shall be filled in accordance with MGL c.
41, § 11.
Any member of the Finance Committee, who shall be appointed
or elected to any official body, shall forthwith upon that member's
qualification in such office, cease to be a member of the Finance
Committee. This provision shall not apply to the appointment of a
Finance Committee member to serve as a member of any ad hoc board,
commission or committee or to any board, commission or committee upon
which a member of the Finance Committee shall serve in an ex officio
capacity. For purposes of this bylaw, ex officio shall refer to a
member of the Finance Committee who serves by virtue of his or her
office.
It shall be the duty of the Finance Committee
to investigate and report to the Town its recommendations on all pertinent
facts relating to any articles in a Warrant the subject matter of
which pertains to the appropriation or expenditure of money, the creation
of a debt, or the disposition of Town property. For this purpose the
Committee shall have access to all books, vouchers, and other documents
and papers belonging to the Town.
The Committee shall confer or consult with such
departments, officers, employees, or committees as may have information
concerning subject matter under consideration, and it shall be the
duty of all departments, officers, employees, or committees to communicate
to said Finance Committee such information as they may possess relating
to same.