About Us: The Finance Committee is a representative group of taxpayers appointed by the Board of Selectmen who serve as the fiscal watchdog for the Tolland taxpayers. Responsibilities are to:
l Advise and make recommendations to the Town Meeting on the budget and other areas of finance.
1. Prepare the Annual Budget
-- Determine estimated receipts the Town will receive over the coming fiscal year to assist in determining available budget dollars.
-- Receive input from the Massachusetts Department of Revenue, Assessor, Town Treasurer and appropriate other local officials.
-- Review each Department Head's annual budget request
-- Meet with individual Department Heads to understand details about the funding requests and aid in setting priorities
-- Recommend budget amounts to the Board of Selectmen based on priorities that must be established within limited town financial resources
2. Conduct Town Meeting to review proposed Receipts and Budget Expenses with citizens and receive their input on priorities and to answer relevant questions.