Composition: Three elected members.
Meetings: The Board meets quarterly at the Public Library. The time is determined in advance of each meeting.
Duties: The Board is responsible for investment decisions; daytime bank appearances to obtain the required two signatures on official documents; updating account transactions on spreadsheets as well as urgent business which may occur.
Other: Familiarity with standard auditing procedures and approved bookkeeping methods is necessary. A flexible schedule and attention to detail is a must. A financial background to include knowledge on common types of investments is required. Must have a working knowledge of electronic (computerized) spreadsheets, i.e., Lotus 1-2-3, Training seminars are attended.
Administrative Code:
Section 4.21
Maintain custody of all trust funds held by the Town; invest the monies as limited by RSA 31 and other state statues as they apply.
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