The Audit Committee consists of five residents, appointed by the Moderator, who have financial expertise. The Committee is responsible for appointing the independent accountant who performs an annual audit of the financial statements of the Town. The Committee defines the scope of the auditors’ assignments and reviews their findings and recommendations with the appropriate boards and departments.
No member of the Audit Committee may be a board member, officer, official or paid employee of the Town. A Town Meeting Member may serve as a member of the Audit Committee. The committee meets approximately four times a year. The term of appointment is two years, and no resident may serve for more than two consecutive terms.