The Board shall consider those affairs and interests of the
Town the subjects of which are included in the warrants for the Town
Meetings, shall consider the question of the Town's obligations, the
administration of the various departments, shall make such reports
and recommendations to the Town concerning the administration of any
and all departments that the circumstances may justify and by a majority
vote of the members present, and shall have sole authority to spend
such funds as may be appropriated by the Town for a reserve fund.
No direct drafts shall be drawn against this fund, but transfers may
be made.
The Board shall consider the various articles in the warrants
of the Town Meetings and shall report to the Town meetings its recommendations
for the action of the Town.
The members of the Board shall serve without pay.