[Adopted 4-26-1929 STM]
[Amended 6-24-1974 STM, Art. 4; 5-14-1979 STM, Art. 15; 5-9-1983 STM, Art. 37]
There shall be a Finance Committee consisting of nine members, who are residents of the Town and who shall hold no other Town office. All members of the Finance Committee shall be appointed by the Moderator for the term of three years. The Town Moderator shall annually appoint three members for a term of three years. All appointments by the Moderator shall begin on July 1 and shall terminate on June 30 of the third year following appointment, except vacancies in existing offices, which may be appointed by the Moderator for the original term.
It shall be the duty of this Committee to consider all matters of business included within the articles of any warrant for a Town Meeting, and it shall be the duty of the Selectmen, immediately upon drawing up a warrant for Town Meeting, to transmit a copy thereof to the Finance Committee. The Committee shall report on each article to the Town Meeting, in print or otherwise as it deems for the best interest of the Town.
The Finance Committee shall have authority at any time to investigate the books, accounts and management of any department of the Town, and the books and accounts of the Town shall be open to inspection of the Committee or any person authorized to act for the Committee.
The members of the Finance Committee shall serve without pay for their services but may be reimbursed for actual expenses incurred in the discharge of their duties thereunder.