This chapter establishes and authorizes revolving funds for
use by Town departments, boards, committees, agencies and 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 General Laws Chapter 44, § 53E1/2.
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 by-law 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.
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 Annual 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 Board of Selectmen and Advisory
Committee.
Interest earned on monies credited to a revolving fund established
by this chapter shall be credited to the General Fund.
Except as provided in General Laws Chapter 44, § 53E1/2
and this chapter, the laws, charter provisions, by-laws, 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 by-law.
The Town Accountant shall include a statement on the collections credited
to the fund, the encumbrances and expenditures charged to each 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.
The Table set forth in this section establishes:
A. Each
revolving fund authorized for use by a Town department, board, committee,
agency or officer;
B. The
department or agency head, board, committee or officer authorized
to spend from each fund;
C. The
fees, charges and other monies charged and received by the department,
board, committee, agency or officer in connection with the program
or activity for which the fund is established that shall be credited
to each fund by the Town Accountant;
D. The
expenses of the program or activity for which each fund may be used;
E. Any
restrictions or conditions on expenditures from each fund;
F. Any
reporting or other requirements that apply to each fund; and
G. The
fiscal years for which each fund shall operate under this chapter.
Revolving Fund
|
Spending Authority
|
Revenue Source
|
Allowed Expenses
|
Fiscal Years
|
---|
Conservation and Stormwater
|
Town Manager
|
Conservation fees, Stormwater permit fees
|
Salaries or wages of Conservation Agent and staff; expenses
and contractual services
|
FY 2018 and subsequent fiscal years
|
Food Permits
|
Director of Public Health, with Town Manager approval
|
Food permit fees
|
Inspectional services and salaries; educational programs
|
FY 2018 and subsequent fiscal years
|
Elder Affairs Programs
|
Director of Elder Affairs, with Town Manager approval
|
Elder Affairs program fees
|
Expenses, supplies and contractual services to conduct programs
and trips
|
FY 2018 and subsequent fiscal years
|
Recreation Programs
|
Director of Recreation, with Town Manager approval
|
Recreation program fees
|
Salaries, expenses, supplies, and contractual services
|
FY 2018 and subsequent fiscal years
|
Library Patron Printing [Added 6-16-2020 ATM
by Art. 9]
|
Library Director
|
Patron printing and copying fees
|
Supplies, maintenance, and related expenses
|
FY 2021 and subsequent fiscal years
|
Road Moratorium Fees [Added 6-16-2020 ATM
by Art. 9]
|
DPW Director
|
Road opening fees and fines
|
Roadway and related infrastructure expenses
|
FY 2021 and subsequent fiscal years
|
Cohasset Tree Bank [Added 6-16-2020 ATM
by Art. 9]
|
DPW Director
|
Tree mitigation fees
|
Tree planting, maintenance and related expenses
|
FY 2021 and subsequent fiscal years
|
Vaccination Clinic Fund [Added 12-12-2022 STM by Art. 7]
|
Director of Public Health
|
Grants/payments from vaccination clinics
|
Vaccination clinic administration, including vaccines, equipment,
and staffing
|
FY 2023 and subsequent fiscal years
|