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

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📁 Home → 📁 2022 → 📁 Minutes ↓

	12-14-22-BOF-Minutes.pdf application/pdf12-14-22-BOF-Minutes 70.42 KB 2024-07-13 July 13, 2024 2022-12-15 December 15, 2022
	11-21-22-BOF-Audit-Selection-Committee-Meeting-Minutes.pdf application/pdf11-21-22-BOF-Audit-Selection-Committee-Meeting-Minutes 13.02 KB 2024-07-13 July 13, 2024 2022-11-22 November 22, 2022
	11-17-22-BOF-Audit-Selection-Committee-Meeting-Minutes.pdf application/pdf11-17-22-BOF-Audit-Selection-Committee-Meeting-Minutes 11.03 KB 2024-07-13 July 13, 2024 2022-11-21 November 21, 2022
	11-15-22-BOF-Minutes.pdf application/pdf11-15-22-BOF-Minutes 129.1 KB 2024-07-13 July 13, 2024 2022-11-16 November 16, 2022
	10-18-22-BOF-Minutes.pdf application/pdf10-18-22-BOF-Minutes 130.64 KB 2024-07-13 July 13, 2024 2022-10-19 October 19, 2022
	10-06-22-audit-selection-committee-meeting-minutes.pdf application/pdf10-06-22-audit-selection-committee-meeting-minutes 68.74 KB 2024-07-13 July 13, 2024 2022-12-12 December 12, 2022
	09-20-22-BOF-Minutes.pdf application/pdf09-20-22-BOF-Minutes 225.8 KB 2024-07-13 July 13, 2024 2022-09-21 September 21, 2022
	06-14-22-BOF-Minutes.pdf application/pdf06-14-22-BOF-Minutes 79.42 KB 2024-07-13 July 13, 2024 2022-06-15 June 15, 2022
	05-31-22-BOF-Special-Meeting-Minutes.pdf application/pdf05-31-22-BOF-Special-Meeting-Minutes 173.26 KB 2024-07-13 July 13, 2024 2022-06-02 June 2, 2022
	05-12-22-BOF-Video.html text/html05-12-22-BOF-Video 80.66 KB 2024-07-13 July 13, 2024 2022-05-14 May 14, 2022
	05-12-22-BOF-Minutes.pdf application/pdf05-12-22-BOF-Minutes 129.34 KB 2024-07-13 July 13, 2024 2022-05-13 May 13, 2022
	04-19-22-BOF-Minutes.pdf application/pdf04-19-22-BOF-Minutes 212.34 KB 2024-07-13 July 13, 2024 2022-04-20 April 20, 2022
	04-15-22-BOF-Minutes.pdf application/pdf04-15-22-BOF-Minutes 115.32 KB 2024-07-13 July 13, 2024 2022-04-06 April 6, 2022
	04-05-22-BOF-Video.html text/html04-05-22-BOF-Video 39.96 KB 2024-07-13 July 13, 2024 2022-04-06 April 6, 2022
	03-15-22-BOF-Minutes.pdf application/pdf03-15-22-BOF-Minutes 123.98 KB 2024-07-13 July 13, 2024 2022-03-16 March 16, 2022
	02-08-22-BOF-Video.htm text/html02-08-22-BOF-Video 40.92 KB 2024-07-13 July 13, 2024 2022-02-10 February 10, 2022
	02-08-22-BOF-Minutes.pdf application/pdf02-08-22-BOF-Minutes 132.1 KB 2024-07-13 July 13, 2024 2022-02-10 February 10, 2022
	02-07-22-BOF-Audit-Selection-Committee-Meeting-Minutes.pdf application/pdf02-07-22-BOF-Audit-Selection-Committee-Meeting-Minutes 52.98 KB 2024-07-13 July 13, 2024 2022-02-11 February 11, 2022
	01-18-22-BOF-Minutes.pdf application/pdf01-18-22-BOF-Minutes 131.2 KB 2024-07-13 July 13, 2024 2022-01-19 January 19, 2022
	01-13-22-BOF-Audit-Selection-Committee-Meeting-Minutes.pdf application/pdf01-13-22-BOF-Audit-Selection-Committee-Meeting-Minutes 12.25 KB 2024-07-13 July 13, 2024 2022-02-11 February 11, 2022

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