[Adopted as Art. 2 of the Town Bylaws]
A.
It shall be the duty of the Moderator to present to the voters for
approval or other appropriate action at each annual Town Meeting the
names of five voters who will act as a Nominating Committee for filling
expiring terms and vacancies of the Finance Committee during the ensuing
year. At the next Annual Town Meeting after being so constituted,
the Nominating Committee shall present to the voters for approval
or other appropriate action its nominees to fill some or all of the
expiring terms and vacancies on the Finance Committee. The Moderator
may fill any vacancy on the Nominating Committee created by the resignation
of a member prior to the expiration of his or her term.
B.
The Finance Committee shall consist of not less than six and not
more than 12 registered voters of the Town. Members of the Finance
Committee shall serve staggered three-year terms such that the terms
of approximately 1/3 of the members shall expire after each Annual
Town Meeting.
The Finance Committee shall meet at the call of the Town Clerk
within two weeks after each Annual Town Meeting for purposes of organization
and the election of a Chairperson, Vice-Chairperson or -persons and
a Clerk. In the event the Town Clerk fails to issue the call, any
member of the Finance Committee may do so. The Committee shall meet
thereafter from time to time, as it deems advisable, and shall keep
a true record of all proceedings. The Finance Committee shall have
the power to fill vacancies on the Committee by vote, such candidates
to be presented by the Nominating Committee, an attested copy of which
shall be sent by the Clerk of the Committee to the Town Clerk. Any
member so appointed by the Committee shall serve thereon until the
next Annual Town Meeting.
It shall be the duty of the Finance Committee to inform themselves
as to those affairs and interests of the Town, the matter of which
is generally included in the warrants for its Town Meeting; and the
officers of the Town shall, upon their request, furnish them with
facts, figures, and any other information pertaining to their several
departments; provided, however, that any such information may be withheld
when in the opinion of the officer, or board of officers, so requested,
the communication thereof might affect injuriously the interests of
the Town.
A.
The Finance
Committee shall consider the various articles in the warrant for all
Town Meetings (including, with respect to each member of the Committee,
the articles in the warrant for the Annual Town Meeting after which
such member's term expires) and shall report in print prior to all
such Town Meetings the Committee's estimates and recommendations for
the action of the Town together with the Committee's reasons therefor.
The Committee shall cause such report to be mailed or otherwise delivered
to every residence at least seven days before each Town Meeting.
B.
The Finance
Committee shall prepare the following schedules, with appropriate
input from the Board of Assessors, for inclusion in the warrant of
each Annual Town Meeting:
It shall be the duty of the Town Clerk to immediately notify
in writing persons elected or appointed to the Finance Committee pursuant
to the above provisions, such notice to state the business upon which
members of the Committee are to act.