[Adopted as Art. VII of the 1983 Code]
[Amended 11-1-2021 STM
by Art. 2]
The Select Board shall appoint a competent accountant
who shall perform all the duties and possess all the powers prescribed
by MGL c. 41, §§ 55 to 61, inclusive.
[Amended 11-1-2021 STM
by Art. 2]
The Town Accountant shall, immediately after
the first day of each month, make to the Select Board a detailed report
of the amounts of the several appropriations and all drafts made on
account of each appropriation and of all receipts during the preceding
month and a summarized report of the same since the beginning of the
fiscal year and of the unexpended balances of the several appropriations.
He shall file a summarized statement of the fiscal affairs of the
Town for the preceding fiscal year with the Secretary of the Advisory
Committee not later than February 1 each year. He shall also prepare
such other financial statements as may, from time to time, be required
by the Select Board.
The annual report of the Accountant shall include:
A.
A list of all notes issued during the year and the
purposes for which the money was borrowed, giving the dates, the term,
the amount, the rate of interest, the time of maturity, the premium,
if any, received thereon and the names of the parties of whom the
funds were borrowed.
B.
A list of all notes paid during the year and a list
of all outstanding notes, with the dates on which they will mature.
C.
A statement of the amount of money received by the
Town from other sources than taxation during the preceding year.
D.
A list of all insurance policies held by the Town,
which list shall include a statement of the property covered, the
names of the companies and the amount of each policy.
