Town of Townsend, MA Revolving Funds

There are hereby established in the Town of Townsend pursuant to the provisions of MGL c. 44, § 53E 1/2, the following revolving funds from which the specified department head, board, committee, or officer may incur liabilities against and spend monies from without appropriation in accordance with the limitations set forth in this bylaw.

Fringe benefits of full-time employees whose salaries or wages are paid from the fund shall also be paid from the fund.

No liability shall be incurred in excess of the available balance of the fund.

The total amount spent during a fiscal year shall not exceed the amount authorized by Annual Town Meeting or any increase therein as may later be authorized by the Board of Selectmen and Finance Committee in accordance with MGL c. 44, § 53E 1/2.

Interest earned on monies credited to a revolving fund established by this bylaw shall be credited to the General Fund.

Authorized revolving funds.

[Amended 5-1-2018 ATM by Art. 4; 5-2-2023 ATM by Art. 4]

	Revolving Fund	Authority To Spend Fund	Revenue Sources	Use of Funds
1	Recycling	Board of Health	Collection of recyclables	Operating costs associated with recycling
2	Recreation Programs	Recreation Commission	Recreation programs	Operating costs associated with programming
3	Facilities Maintenance	Town Administrator	Fees from Meeting Hall rental	Operating costs of the Meeting Hall
4	Cemetery	Cemetery and Parks Commission	Fees from burials	Operating and capital costs for cemeteries
5	Fire Alarm	Fire Chief	Fire alarm fees	Operating and capital costs for the fire alarm system
6	Animal Care Program	Animal Control Officer	Fees for emergency care of animals	Expenses for injured or abandoned animals
7	Inspectional Services	Building Commissioner	Fees from North Middlesex Regional High School project	Expenses for inspections re: the NMRHS project
8	Fire/EMS	Fire Chief	Fees from community events/fire watch	Expenses associated with Fire/EMS services
9	Police	Police Chief	NMRSD receipts	School Resource Officer
10	Conservation	Conservation Commission	Forest cutting proceeds	Conservation purposes
11	Fire/EMS	Fire/EMS Chief	Hazardous materials supplies reimbursement	Hazardous materials supplies replacement
12	Firearms Licensing	Police Department	Firearms licensing fees	Cover the costs of firearms licensing
13	Public Records Requests	Police Department	Police Department public records fees	Cover the costs of producing electronic and/or video responses to public records requested
14	Detail Cruiser Fees	Police Department	Detail vendor fees	Cover wear and tear of cruisers above and beyond normal police use

Procedures and reports. Except as provided in MGL c. 44, § 53E 1/2 and this bylaw, all applicable state and local laws and regulations that govern the receipt, custody, expenditure and payment of Town funds shall apply to the use of revolving funds established and authorized by this bylaw.