Town of Groton, MA Revolving Funds

There are hereby established in the Town of Groton pursuant to the provisions of MGL C. 44, § 53E 1/2, the following revolving funds:[1][2]

Program or Purpose	Representative or Board Authorized to Spend	Department Receipts
Stormwater Management	Earth Removal/Stormwater Advisory Committee	Stormwater Management/Low-Impact Development Fees
Conservation Commission Land Management	Conservation Commission	Agricultural/Silvicultural Fees
Building Rental Fund [Added 4-30-2018ATM by Art. 13; 4-29-2023ATM by Art. 33]	Board of Selectmen	Amounts Collected for Building Rentals
Affordable Housing Marketing	Town Manager	Fees from Developers for Affordable Units
Home Recycling Equipment Support	DPW Director	Sale of Recycling Equipment
Access for Persons with Disabilities	Commission on Accessibility	Handicap Parking Violation Fines
Council on Aging Program Fund [Added 4-30-2022 ATM by Art. 23]	Council on Aging Director	User fees received from users of Council on Aging programs
Boat Excise Tax Fund [Added 4-24-2017 ATM by Art. 28; 4-29-2023 ATM by Art. 33]	Town Manager	Maintenance and Improvements of Waterways
Transfer Station Glass [Added 10-21-2019 ATM by Art. 14]	DPW Director	User fees received for use of Glass Plant
Senior Center Fitness Equipment [Added 10-21-2019 ATM by Art. 14]	Council on Aging Director	User fees received from users of fitness equipment

[1]

Editor's Note: Pursuant to MGL C. 40, § 5G, Article 28, ATM 4-24-2017, established a Municipal Waterways Improvement and Maintenance Fund for the receipt of 50% of boat excise tax payments made under MGL C. 60B, §2, and payments from the state or federal government, and the expenditure thereof for waterways maintenance and improvements, and law enforcement and fire prevention as authorized by MGL C. 40, § 5G.

[2]

Editor's Note: Pursuant to MGL C. 40, § 3, Article 13, ATM 4-30-2018, established a Building Rental Fund for any amounts collected by the Town for Town building rentals, other than the rental of schools, to be expended without further appropriation by the Board of Selectmen for building-related upkeep and maintenance, and further, to accept the proviso of the second paragraph of MGL C. 40, § 3, to allow any balance in such account at the close of the Fiscal Year to remain available for expenditure, without appropriation, for such purposes in future years.

[Amended 10-21-2019 ATM by Art. 14; 4-30-2022 ATM by Art. 23]

Expenditures from each revolving fund set forth herein shall be subject to the limitation established annually by Town Meeting or any increase therein as may be authorized in accordance with MGL C. 44, § 53E 1/2. The second paragraph of MGL C. 40, § 3, is accepted to allow any balance in the Transfer Station Glass Plant Revolving Account and the Senior Center Fitness Equipment Revolving Account at the close of each fiscal year to remain available for expenditure, without appropriation for such purposes in future years. The second paragraph of MGL C. 40, § 3 is accepted to allow any balance in the COA Program Revolving Account at the close of each fiscal year to remain available for expenditure, without appropriation for such purposes in future years.