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Finance Committee
Contact TypeContact Information
Contact:
Chairman
Address:
41 Cochituate Road
Wayland, MA 01778
Phone:
MEETINGS:
Generally Mondays at 7:00 pm
 
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Members
Name
Title
Term
Chair
6/21/2010 to 6/30/2015
Vice Chair
9/24/2012 to 6/30/2017
Member
8/20/2012 to 6/30/2015
Thomas J. Abdella
Member
7/28/2014 to 6/30/2017
David V. Watkins
Member
7/28/2014 to 6/30/2017
Member
6/24/2013 to 6/30/2016
Member
6/21/2010 to 6/30/2016
Responsibility
The primary role of the Wayland Finance Committee each year is to prepare the Omnibus Budget and review and comment on articles submitted for inclusion in the Annual Town Meeting Warrant. In carrying out this role, the Finance Committee considers both the short and long term fiscal position of the Town with guidance from the following mission statement and financial strategy.

Mission Statement
The mission of the Wayland Finance Committee is to define a financial strategy for the Town and to use this strategy as the basis for recommending to the Town a fiscally responsible operating and capital spending plan. In implementing this strategy, and within the context of its impact on property values, the Finance Committee seeks to balance the demand for services against the ability of residents with a broad range of financial situations to afford these services.

Financial Strategy
The Finance Committee's strategy is to recommend the following: 1) maintenance of quality Town services supplied by an efficient workforce, 2) continued infrastructure investment via a capital spending plan, and 3) preservation of appropriate levels of Free Cash and other reserve funds.



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Town of Wayland    41 Cochituate Road, Wayland, MA 01778-2614    Tel: (508) 358-7701    FAX: (508) 358-3627
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