Board of Finance

Description

As its name suggests, the Board of Finance is responsible for the town’s finances. Members’ primary duties are to prepare the town budget (including both general government and school spending) and set the property tax rate. To accomplish these tasks, the Board estimates revenues and monitors both income and spending throughout the fiscal year. The Board maintains and updates the five-year financial plan as a tool used in preparing the budget.

The Board also reviews each request for capital spending (i.e. purchase of durable goods and services costing more than $5,000) from the boards of Selectmen and Education before the request goes to a Town Meeting vote. Each year, the Board works closely with the Selectmen and Board of Education to prepare a Capital Plan, outlining what each board’s needs are projected to be for the upcoming years and allocating available funds between boards. The Board of Finance also reviews and approves appropriations and transfers among town accounts, determines how the town’s financial records are kept and reported, arranges for the annual financial audit, and publishes the annual town report.

The Board of Finance meets on the third Tuesday of each month. There are six regular members, each of whom is elected and serves a six-year term, and two alternates, who are appointed by the regular Board members. Regular members’ terms are staggered, so two members are on the ballot at each biennial municipal election.

Meeting Minutes & Agendas

1

📁 Home → 📁 2023 → 📁 Agendas ↓

	Board-of-Finance/2023/Agendas/07-18-23-BOF-Agenda 07-18-23-BOF-Agenda application/pdf07-18-23-BOF-Agenda 0 B 2024-07-13 July 13, 2024 2023-07-11 July 11, 2023
	11-14-23-BOF-Agenda.pdf application/pdf11-14-23-BOF-Agenda 13.95 KB 2024-07-13 July 13, 2024 2023-11-06 November 6, 2023
	11-14-23-BOF-Agenda-Revised.pdf application/pdf11-14-23-BOF-Agenda-Revised 14.79 KB 2024-07-13 July 13, 2024 2023-11-14 November 14, 2023
	10-17-23-BOF-Agenda.pdf application/pdf10-17-23-BOF-Agenda 14.38 KB 2024-07-13 July 13, 2024 2023-10-10 October 10, 2023
	09-19-23-BOF-Agenda.pdf application/pdf09-19-23-BOF-Agenda 64.93 KB 2024-07-13 July 13, 2024 2023-09-08 September 8, 2023
	08-15-23-BOF-Agenda.pdf application/pdf08-15-23-BOF-Agenda 12.25 KB 2024-07-13 July 13, 2024 2023-08-10 August 10, 2023
	08-02-23-BOF-Special-Meeting-Agenda.pdf application/pdf08-02-23-BOF-Special-Meeting-Agenda 13.24 KB 2024-07-13 July 13, 2024 2023-07-29 July 29, 2023
	07-18-23-BOF-Agenda.pdf application/pdf07-18-23-BOF-Agenda 13.4 KB 2024-07-13 July 13, 2024 2023-07-18 July 18, 2023
	06-13-23-BOF-Agenda.pdf application/pdf06-13-23-BOF-Agenda 16.63 KB 2024-07-13 July 13, 2024 2023-06-09 June 9, 2023
	05-16-23-BOF-Agenda.pdf application/pdf05-16-23-BOF-Agenda 70.58 KB 2024-07-13 July 13, 2024 2023-05-10 May 10, 2023
	04-18-23-BOF-Public-Hearing-Agenda.pdf application/pdf04-18-23-BOF-Public-Hearing-Agenda 10.52 KB 2024-07-13 July 13, 2024 2023-04-12 April 12, 2023
	04-18-23-BOF-Agenda.pdf application/pdf04-18-23-BOF-Agenda 65.11 KB 2024-07-13 July 13, 2024 2023-04-12 April 12, 2023
	03-29-23-BOF-Special-Agenda.pdf application/pdf03-29-23-BOF-Special-Agenda 68.54 KB 2024-07-13 July 13, 2024 2023-03-23 March 23, 2023
	03-16-23-BOF-Agenda.pdf application/pdf03-16-23-BOF-Agenda 29.06 KB 2024-07-13 July 13, 2024 2023-03-09 March 9, 2023
	03-16-23-BOF-Agenda-REVISED.pdf application/pdf03-16-23-BOF-Agenda-REVISED 650.42 KB 2024-07-13 July 13, 2024 2023-03-15 March 15, 2023
	02-07-23-BOF-Agenda.pdf application/pdf02-07-23-BOF-Agenda 29.47 KB 2024-07-13 July 13, 2024 2023-02-08 February 8, 2023
	01-17-23-BOF-Special-Meeting-Agenda.pdf application/pdf01-17-23-BOF-Special-Meeting-Agenda 151.87 KB 2024-07-13 July 13, 2024 2023-01-12 January 12, 2023

16