All elected officials and department heads responsible
for the expending of money will have their estimates for the ensuing
year in the hands of the Selectmen for Finance Committee use not later
than December 15 of each year. The Finance Committee will have a printed
report of its recommendations ready to be distributed with the Town
report, not later than seven days prior to the Annual Town Meeting.
The cost of all surety bonds required of any
Town official shall be paid by the Town.
The fiscal year of the Town shall begin on the
first day of July in each year and end on the 30th day of June following.