[HISTORY: Adopted by the Town of Wells 2-5-2013. Amendments
noted where applicable.]
The purpose of this chapter is to establish ways to finance
the costs of certain municipal programs and services by charging actual
users, with the goal of making said programs and services self-sustaining.
A.
All revenues
generated from the Town’s municipal parking lots, including,
but not limited to, beach parking passes and daily parking fees, shall
be placed in a nonlapsing dedicated revenue account. Funds in said
account may only be used for the purposes of creating, operating,
improving and/or maintaining the Town’s beach facilities, including
but not limited to parking lots, associated structures, public rest
rooms, and general beach operations and maintenance.
B.
Funds in
the dedicated revenue account may not exceed $750,000 at any given
time. Any revenues in excess of $750,000 shall be placed or transferred
into the Undesignated Fund Balance (Surplus).
A.
All revenues
generated from the Town’s Recreation Department, including,
but not limited to, program fees, shall be placed in a nonlapsing
dedicated revenue account. Funds in said account may only be used
for the purposes of operating, improving and/or maintaining the Town’s
Recreation Department and its facilities and programs.
B.
Funds in
the Recreation Department dedicated revenue account may not exceed
$350,000 at any given time. Any revenues in excess of $350,000 shall
be placed or transferred into the Undesignated Fund Balance (Surplus).
A.
All revenues
generated from the Town’s transfer station, including, but not
limited to, user fees, shall be placed in a nonlapsing dedicated revenue
account. Funds in said account may only be used for the purposes of
operating, improving and/or maintaining the Town’s transfer
station and its facilities.
B.
Funds in
the dedicated revenue account may not exceed $750,000 at any given
time. Any revenues in excess of $750,000 shall be placed or transferred
into the Undesignated Fund Balance (Surplus).
All dedicated revenue accounts referenced in this chapter shall
be prepared, submitted, and reviewed for budgetary purposes in the
same manner as required by Sections 7.02, 7.03, 7.04, and 7.14 of
the Town Charter and shall also be described and included in the annual
Town Meeting warrant’s “Fiscal Year Proposed Budget Summary”
and in appropriate tables appended to said warrant.
Funds in the dedicated revenue accounts referenced in this chapter
shall be available for use by the Selectmen, after public hearing,
at any time during the fiscal year for the purposes set forth herein.