There shall be a Finance Committee consisting of seven (7) registered
voters who shall be appointed by the Moderator for three-year overlapping
terms. Members shall serve without compensation and shall not serve
on any other town board. In-term vacancies shall be filled by the
Moderator for the remainder of the term.
The Finance Committee shall consider all articles in warrants
for all Town Meetings and/or referenda. It shall, after due consideration,
report thereon, in print, its recommendation as to each Article. It
shall hold one (1) or more public hearings with respect to the Warrant
and shall distribute its report to each registered voter household
and/or provide the same at convenient distribution places. The report
shall state the total amount of appropriation recommended, and the
Finance Committee may, at its option, include the approximate tax
rate based upon such recommendation.
The Committee shall annually choose a Chairman, Clerk or any
such officers it chooses. It may employ, subject to an appropriation
therefor, a Recording Secretary.
Upon request, any town department or committee shall furnish
the Finance Committee with such information concerning specific receipts
or expenditures of funds as the Finance Committee deems necessary
to make a proper recommendation at Town Meeting.