The financial year of the Town shall begin with the first day
of July and end with the 30th day of the following June.
No money shall be paid from the Town Treasury, except the state
and county taxes and bank discount, without a warrant therefor signed
by the Selectmen.
All promissory notes of the Town shall be signed by the Treasurer
and countersigned by the Selectmen.
All Town officers, boards, and committees, who or which in any
way receive or expend money belonging to the Town, shall keep a record
of their official acts and an account of their receipts and expenditures.
They shall make an annual report to the Town in season to be audited
and incorporated into the Annual Town Report.
All Town officers, boards and committees, who or which shall
receive money in behalf of the Town, shall pay to the Treasurer, monthly
and oftener if so required by the Selectmen, all money so received.
All other persons who shall have in their possession money belonging
to the Town shall pay the same forthwith to the Town Treasurer.
The Collector or other official with the duty of collecting
and receiving money due to the Town shall give a bond in a penal sum
and with sureties approved by the Board of Selectmen.
No officer, board or committee of the Town shall have any pecuniary
interest, either direct or indirect, personally or through another
person, in any loan, contract or employment of any sort made by, with
or for that department to which his or its duties pertain. All contracts
or employment made in violation of this bylaw shall be void as to
the Town, and no bills therefor shall be approved, audited or paid.
Water/Sewer bills will be issued on a quarterly basis and are
due and payable on or before 30 days from the billing date (date of
postmark). Payments are considered made when received by the Collector.
Any unpaid bills will be reflected as arrears on the following bill
cycle, with interest. Any payments received will be applied to interest
and charges first, then the arrears portion, with the balance being
applied to the current bill. A penalty of 14% interest per annum on
the current water and sewer bill will accrue on overdue payments from
the due date until payment is made. Fourteen days after the due date
of the fourth quarter bill, a demand bill will be issued for the balance
plus interest plus a fee of $5. This will be due 14 days after mailing.
All bills outstanding for the quarter ended June 30 will be removed
from the accounts receivable for water and sewer and applied for collection
as part of the property tax, in accordance with MGL c. 40, §§ 42A
and 42D.