ARTICLE II
Finance
Section 1. At the annual meeting and before the final adjournment thereof, there shall be appointed by the moderator a finance committee consisting of seven members to serve until the final adjournment of the next annual meeting, and until their successors have been appointed, none of whom shall be an officer of or member of any board of the Town. Vacancies shall be filled by the remaining members of the committee.
(STM 08/24/20)
Section 2. The Chairman of the Board of Selectmen shall call the Finance Committee together for organization within thirty days from the date of their appointment. The committee shall annually at its first meeting elect a chairman and a clerk.
(STM 08/24/20)
Section 3. Every proposed article for the warrant of either the annual or any special town meeting calling for the appropriation or borrowing of money (over $300.00), the creation of debt or disposal of property of the town shall be referred to this Committee by the Selectmen, and the Committee shall either approve or disapprove every such article. The Finance Committee’s position on the article shall be published with said article when it appears in the newspaper. The Finance Committee’s failure to take action within ten (10) days prior to posting meeting shall be deemed approval.
(ATM 05/01/00)
Section 4. The Selectmen are authorized to accept gifts or grants of money for the improvement or maintenance of a town department.
(STM 10/29/34)
Section 5. Effective July 1, 1990, all Town officers shall pay into the Town treasury, all fees received by them by virtue of their office unless otherwise provided by law.
(STM 11/01/90)
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