Town of Fairhaven, MA
Bristol County
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Table of Contents
Table of Contents
[HISTORY: Adopted by the Town of Fairhaven as indicated in Part histories. Amendments noted where applicable.]
[Adopted 5-2-2009 STM by Art. 15]
Except as otherwise provided by state law, the remaining balance in any money article shall be closed to surplus revenue by the Town Accountant if:
A. 
The monies have yet to be expended by the close of the second full fiscal year following its appropriation; and
B. 
The Town Accountant determines that the funds are not committed by contract.
[Adopted 5-6-2017 ATM by Art. 33]
This part establishes and authorizes revolving funds for use by Town departments, boards, committees, agencies or officers in connection with the operation of programs or activities that generate fees, charges or other receipts to support all or some of the expenses of those programs or activities. These revolving funds are established under and governed by MGL c. 44, § 53E 1/2.
A department or agency head, board, committee or officer may incur liabilities against and spend monies from a revolving fund established and authorized by this part without appropriation subject to the following limitations:
A. 
Fringe benefits of full-time employees whose salaries or wages are paid from the fund shall also be paid from the fund (except for those employed as school bus drivers).
B. 
No liability shall be incurred in excess of the available balance of the fund.
C. 
The total amount spent during a fiscal year shall not exceed the amount authorized by Town Meeting on or before July 1 of that fiscal year, or any increased amount of that authorization that is later approved during that fiscal year by the select board and Finance Committee.
Interest earned on monies credited to a revolving fund established by this part shall be credited to the general fund.
Except as provided in MGL c. 44, § 53E 1/2, and this part, the laws, charter provisions, bylaws, rules, regulations, policies or procedures that govern the receipt and custody of Town monies and the expenditure and payment of Town funds shall apply to the use of a revolving fund established and authorized by this part. The Town Accountant shall include a statement on the collections credited to each fund, the encumbrances and expenditures charged to the fund and the balance available for expenditure in the regular report the Town Accountant provides the department, board, committee, agency or officer on appropriations made for its use.
A. 
Hazardous Materials Revolving Fund.
(1) 
Hazardous Materials Revolving Fund. There shall be a separate fund called the "Hazardous Materials Revolving Fund" authorized for use by the Fire Department.
(2) 
Revenues. The Town Accountant shall establish the Hazardous Materials Revolving Fund as a separate account and credit to the fund all of the disposal fees charged and received by the Fire Department in connection with hazardous materials incidents.
(3) 
Purposes and expenditures. During each fiscal year, the Fire Chief may incur liabilities against and spend monies from the Hazardous Materials Revolving Fund for the purchase of equipment and supplies and the hiring of full-time and/or part-time personnel in connection with hazardous materials.
(4) 
Fiscal years. The Hazardous Materials Revolving Fund shall operate for fiscal years that begin on or after July 1, 2018.
B. 
Sustainability Revolving Fund.
(1) 
Sustainability Revolving Fund. There shall be a separate fund called the "Sustainability Revolving Fund" authorized for use by the Green Fairhaven Committee.
(2) 
Revenues. The Town Accountant shall establish the Sustainability Revolving Fund as a separate account and credit to the fund all of the fees charged and received by the Green Fairhaven Committee in connection with their activities, including the Community Gardens and Farmers' Market.
(3) 
Purposes and expenditures. During each fiscal year, the Green Fairhaven Committee may incur liabilities against and spend monies from the Sustainability Revolving Fund for the purchase of equipment, services and supplies in connection with Green Fairhaven activities and initiatives.
(4) 
Fiscal years. The Sustainability Revolving Fund shall operate for fiscal years that begin on or after July 1, 2018.
C. 
Hoppy's Landing Revolving Fund.
(1) 
Hoppy's Landing Revolving Fund. There shall be a separate fund called the "Hoppy's Landing Revolving Fund" authorized for use by the Marine Resources Department.
(2) 
Revenues. The Town Accountant shall establish the Hoppy's Landing Revolving Fund as a separate account and credit to the fund all of the fees charged and received by the Marine Resources Department in connection with Hoppy's Landing usage.
(3) 
Purposes and expenditures. During each fiscal year, the Marine Resources Department may incur liabilities against and spend monies from the Hoppy's Landing Revolving Fund for the purchase of equipment, personnel, services and supplies in connection with Hoppy's Landing.
(4) 
Fiscal years. The Hoppy's Landing Revolving Fund shall operate for fiscal years that begin on or after July 1, 2018.
D. 
Town Hall Auditorium Revolving Fund.
(1) 
Town Hall Auditorium Revolving Fund. There shall be a separate fund called the "Town Hall Auditorium Revolving Fund" authorized for use by the Town Administrator.
(2) 
Revenues. The Town Accountant shall establish the Town Hall Auditorium Revolving Fund as a separate account and credit to the fund all of the fees charged and received by the Selectmen's Office in connection with Town Hall auditorium rentals.
(3) 
Purposes and expenditures. During each fiscal year, the Town Administrator may incur liabilities against and spend monies from the Town Hall Auditorium Revolving Fund to fund improvements, maintenance and repairs of the Town Hall auditorium.
(4) 
Fiscal years. The Town Hall Auditorium Revolving Fund shall operate for fiscal years that begin on or after July 1, 2018.
E. 
Park Utilities Revolving Fund.
(1) 
Park Utilities Revolving Fund. There shall be a separate fund called the "Park Utilities Revolving Fund" authorized for use by the Board of Public Works.
(2) 
Revenues. The Town Accountant shall establish the Park Utilities Revolving Fund as a separate account and credit to the fund all of the fees charged and received by the Board of Public Works in connection with park usage.
(3) 
Purposes and expenditures. During each fiscal year, the Board of Public Works may incur liabilities against and spend monies from the Park Utilities Revolving Fund to fund park lighting during some park/sporting events.
(4) 
Fiscal years. The Park Utilities Revolving Fund shall operate for fiscal years that begin on or after July 1, 2018.
F. 
Wellness Committee Revolving Fund.
(1) 
Wellness Committee Revolving Fund. There shall be a separate fund called the "Wellness Committee Revolving Fund" authorized for use by the Wellness Committee and the Town Administrator.
(2) 
Revenues. The Town Accountant shall establish the Wellness Committee Revolving Fund as a separate account and credit to the fund all of the fees charged and received by the Wellness Committee.
(3) 
Purposes and expenditures. During each fiscal year, the Wellness Committee and/or the Town Administrator may incur liabilities against and spend monies from the Wellness Committee Revolving Fund to fund wellness initiatives.
(4) 
Fiscal years. The Wellness Committee Revolving Fund shall operate for fiscal years that begin on or after July 1, 2018.