This bylaw 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.
[Adopted 5-23-2017 ATM; amended 6-26-2018 ATM by Art. 6 (Ch. 4, Art. 20, of the General Bylaws)]
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 bylaw 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 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 Selectmen and Finance Committee.
Interest earned on monies credited to a revolving fund established by this bylaw shall be credited to the general fund.
[Amended 5-11-2024 ATM by Art. 29]
Except as provided in MGL c. 44, § 53E 1/2, and this bylaw, 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 bylaw. 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.
[Amended 5-4-2019 ATM by Art. 15; 5-11-2024 ATM by Art. 12]
The table 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 each fund shall operate under this bylaw.
Fund | Revenue Source | Authority to Spend Funds | Use of Funds | Fiscal Years |
|---|---|---|---|---|
Recreation programs | Program fees, gift, donation, rental fees | Recreation Department | Program expenses, maintenance of program grounds and facilities | Fiscal year 2018 and subsequent years |
Inspectional services | Inspection fees | Town Administrator | Operation of inspection services | Fiscal year 2018 and subsequent years |
Senior Center programs | Fees of instructional programs, building rental | COA Board/Director of Elder Affairs | Direct support of the programs | Fiscal year 2018 and subsequent years |
Adams Center programs | Instructional class fees, building rental | Town Administrator/Adams Center Trustees | Direct support of programs, facility maintenance | Fiscal year 2018 and subsequent years |
Town's electrical vehicle charging station | Charging station fees | Town Administrator/Energy Manager | Charging Station operation | Fiscal year 2018 and subsequent years |
Conservation Fund | Local filing fees | Conservation Commission | Support, manage and maintain Conservation properties | Fiscal year 2020 and subsequent years |
Wetlands Protection Fund | Local filing fees | Conservation Commission | As authorized in MGL c. 131, § 40, Wetlands Protection Act | Fiscal year 2020 and subsequent years |
Board of Health | Programs established by the Board of Health | Health agent | Direct support of Board of Health programs | Fiscal year 2025 and subsequent years |