There shall be a Department of Municipal Finance that shall be responsible for the i) coordination of all financial services and activities of the Town; ii) maintenance of all accounting records and other financial statements; iii) payment of all obligations; iv) receipt of all funds due; v) monitoring of and reporting on all fiscal and financial activities of the Town; and vi) supervision of all purchases of goods, materials and supplies and maintenance of inventory controls. The Department shall include the offices and functions of the Town Accountant, Treasurer/Collector, Board of Commissioners of Trust Funds and Board of Assessors; provided, however, that although the office of elected Board of Assessors shall be part of the Department of Municipal Finance, such officers shall continue to exercise their respective duties and responsibilities under the General Laws.
[HISTORY: Adopted by the Annual Town Meeting of the Town of Wayland 4-7-2025 by Art. 12. Amendments noted where applicable.]
The Department of Municipal Finance shall be under the direct control and supervision of a Director of Municipal Finance, also known as the Finance Director, who shall be appointed by the Town Manager for a term of three (3) years, subject to ratification by the Select Board, and whose salary shall be fixed annually within the amount appropriated by the Town. The Director of Municipal Finance may be removed by Town Manager for cause.
The Director of Municipal Finance shall be responsible for the supervision and coordination of all financial personnel, tasks and activities of the Department under the General Laws, the Town Code and any applicable rules and regulations. The Director of Municipal Finance may serve ex officio as the Town Accountant and shall be responsible for coordinating the fiscal management procedures of the offices of the Treasurer/Collector, Trust Fund Commissioners, and Board of Assessors and shall be the administrator of budgeting, including financial reporting, accountability and control, as well as an advisor to the Select Board, Town Manager, Finance Committee and all other Town departments concerning financial and programmatic implications of current and future financial policies. The Director of Municipal Finance shall provide such assistance to the Town Manager as the Town Manager shall request with regard to the preparation of the Town budget and capital plan.