[Adopted 5-7-1986 ATM by Art. 3; amended 5-7-1997 ATM by Art. 26]
There shall be a Finance Committee consisting of five members who shall reside in the Town and shall be registered voters therein. Members shall serve staggered three-year terms. Within 10 days after each annual meeting after 1986, the Moderator shall appoint for the term of three years such number of members of the Finance Committee as shall be necessary to replace the members whose terms have expired. In the event of a vacancy for any other cause than expiration of term of office, the Moderator shall forthwith fill such vacancy for the unexpired term. The Finance Committee shall elect its own Chairman and Secretary.
In addition to the duties with relation to the reserve fund prescribed by law, the Finance Committee shall consider all municipal questions involving the appropriation of money, and may consider any municipal questions, make such recommendations as the Committee deems advisable upon all subjects considered by it, and shall submit its recommendations and report to each Town Meeting, regular or special.