Responsibilities

The primary responsibilities of the Wayland Finance Committee are to:

• Follow and adhere to by-laws.
• Prepare and present the omnibus operating budget, a one-year capital plan and five-year capital plan to Annual Town Meeting.
• Prepare and submit a "Report of the Finance Committee” to Annual Town Meeting and an Annual Report for the Annual Reports document.
• Conduct warrant article review to ensure town officials and residents are informed, review article submissions with sponsoring boards and provide  recommendations to Town Meeting.
• Approve (or deny) requests for transfers from the Reserve Fund.
• Recommend whether to pursue a debt exclusion (as deemed advisable).
• Recommend whether to change the tax rate structure as requested.

Updated 8/26/2019