[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.
