[HISTORY: Adopted by the Town Meeting of the Town of Plympton 6-17-2020 ATM by Art. 27. Amendments noted where applicable.]
There are hereby established in the Town of Plympton, 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
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.
|
Revolving Fund
|
Authority to Spend
|
Revenue Source
|
Use of Fund
|
Spending Limit
|
|---|---|---|---|---|
|
Recreation Commission
|
Recreation Commission
|
Sign Sponsorship Program; fees charged to individuals participating
in any Recreation Commission sponsored programs and any private sponsorship
of said programs; any fees charged for use of any other recreational
facilities under the jurisdiction of the Recreation Commission
|
Support of youth sports programs, community activities and special
events
|
$20,000
|
|
Tax Title
|
Treasurer/ Collector
|
Miscellaneous and legal fees collected on tax title accounts
when paid. In addition, said account shall also be credited with miscellaneous
fees and legal fees related to tax possession from the sale or auction
of said tax possession.
|
Processing tax titles and tax possessions, including legal fees,
miscellaneous expenses and salaries of staff in the Treasurer/Collector's
department and Land Court fees
|
$20,000
|
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.
