The fiscal year of the town shall begin on July 1 and end on
June 30 of the following calendar year.
[Amended 11-7-1978]
The provisions of this Article shall not be a limitation on
the power of the town to issue bonds or other obligations for appropriations
or indebtedness in accordance with the Connecticut General Statutes
and § C6-3 of this Charter.
[Added 11-4-2003]
The Board of Selectmen, by ordinance, shall establish a Fund
Balance Policy, as recommended by the Board of Finance.
[Added 11-4-2014]
Following the adoption of said Charter revision effectuating
the same, the Board of Finance shall set the annual salaries of the
municipal officials including the Registrar of Voters, Town Treasurer,
Town Clerk, Selectmen and First Selectmen during the budgetary process
proceding the next election for said respective offices and annually
thereafter during the terms.