In an effort to promote collaboration, sharing of information,
and development of short and long range recommendations regarding
the town's financial condition, a Budget Subcommittee shall be
established, to be comprised and having the responsibilities as outlined
below.
[Amended 5-20-2019 ATM by Art. 21]
The membership of the Budget Subcommittee shall be comprised
of two members of the Select Board, two members of the Finance Committee
and two members of the School Committee. Each of these representatives
shall be appointed on annual basis by their respective committee or
board chair. The Town Administrator and Superintendent of Schools,
or their designee, shall also be members of the Budget Subcommittee
with full voting rights.
[Amended 5-20-2019 ATM by Art. 21]
The representatives from the Select Board, Finance Committee
and School Committee shall keep their respective board or committee
informed of the activities of the Budget Subcommittee.
The Budget Subcommittee may consult with and utilize the expertise
of various municipal officials including but not limited to the Town
Accountant, Treasurer and School Business Manager.
The Budget Subcommittee's objective is to develop short
and long range forecasts for revenues and expenditures, and to develop
strategies for meeting any projected shortfalls.
The Budget Subcommittee's role shall be advisory in nature
but, through a collaborative and cooperative process, members will
seek consensus on forecasts and strategies and will advocate for agreement
with their respective board or committee.