[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.
[Amended 5-6-1996 ATM, Art. 18]
Any vacancy which may occur in said Committee
shall be filled by the Town Moderator.
All existing appointments shall remain in effect
until their normal expiration date.