[Amended ASTM 4-6-1992, Art. 57]
There shall be a Finance Committee consisting
of 15 voters of the Town (of whom five shall be elected for the term
of one year, five for the term of two years and five for the term
of three years, and thereafter five to be elected annually. They shall
serve without compensation.) The Moderator shall, at each April Annual
Town Meeting, appoint a Committee of three registered voters to retire
and nominate the requisite number of voters. The Moderator shall also
call for nominations from the floor. Those nominated voters who are
thereafter elected by the Town Meeting shall become members of the
Finance Committee.
[Amended STM 10-2-1956, Art. 29]
The Finance Committee shall choose one of its
number as Chairman and likewise choose a Clerk.
[Amended STM 10-2-1956, Art. 29]
Said Committee may consider such questions with
reference to the conduct of the Town affairs as it may deem advisable
and may consult with any and all officers, boards and committees of
the Town with reference to matters under its supervision. It shall
consider the various articles calling for expenditure or appropriations
of funds and may consider any other articles in the warrant for any
Annual or Special Meeting called during its tenure of office and shall
make a report of its doings and recommendations to the Town.
The Finance Committee may hold hearings if in
its judgment it be expedient but shall expend no money unless authorized
by vote of the Town.
Vacancies in said Committee shall be filled
in the same manner as in case of other committees and boards of the
Town.