[HISTORY: Derived from Chapter 16, Art. III, of the
prior Code. Amendments noted where applicable.]
Whenever the account of an appropriation made for any purpose,
other than for a special purpose for which work has not been completed,
shows at the end of the fiscal year an unexpended balance, such balance
shall revert to the town treasury as unappropriated funds.
Funds given to the town in trust or otherwise for specific purposes
shall not be mingled with other funds of the town, but shall be kept
and invested separately and used only in accordance with the terms
of the gift.
The town will accept and forever hold in trust any money or
securities which may hereafter be deposited with the Treasurer of
the town for the perpetual preservation, care, improvement or embellishment
of any public burial place or any lots or graves therein, agreeable
to the provisions of the laws of the commonwealth.
The Town Treasurer is authorized to enter into agreements on
behalf of the town with the holders of burial rights in any lot in
the cemeteries of the town to keep forever such lot and the structure
and grass thereon in good and neat condition, as far as the same can
be done by an expenditure not exceeding the income from deposits or
securities which the holder may have deposited with the Town Treasurer
for said purpose.
Money and securities received under the provisions of §
16-15 shall not be mingled with other money or securities of the town,
but shall be kept and invested separately as a Cemetery Fund; and
except when otherwise specifically provided in the terms of the gift,
the income only shall be used.
[Added 4-23-2018 ATM, Art. 11]
A.
Purpose.
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 General Laws Chapter 44, § 53E 1/2.
B.
Expenditure
limitations. 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:
(1)
Fringe benefits of full-time employees whose salaries or wages are
paid from the fund shall also be paid from the fund.
(2)
No liability shall be incurred in excess of the available balance
of the fund.
(3)
The total amount spent during a fiscal year shall not exceed the
amount authorized by town meeting on or before July 1st 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 the
Appropriations Committee.
C.
Interest.
Interest earned on monies credited to a revolving fund established
by this bylaw shall be credited to the general fund.
D.
Procedures
and reports. Except as provided in General Laws Chapter 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.
E.
Authorized
revolving funds. The table establishes:
(1)
Each revolving fund authorized for use by a town department, board,
committee, agency or officer;
(2)
The department or agency head, board, committee or officer authorized
to spend from each fund;
(3)
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;
(4)
The expenses of the program or activity for which each fund may be
used.
|
A
Revolving Fund
|
B
Department, Board Committee, Agency or Officer Authorized to
Spend from Fund
|
C
Fees, Charges or Other Receipts Credited to Fund
|
D
Program or Activity Expenses Payable from Fund
|
|---|---|---|---|
|
Fire Department
|
Fire Chief
|
Hazardous materials charges, education programs, alarm monitoring
fees, and ambulance service fees
|
Hazardous materials preparedness and response, education programs,
alarm monitoring expenses, and ambulance service expenses
|
|
Animal Control
|
Town Administrator
|
Dog license fees and related late fees
|
Animal Control Officer contractual services
|
|
Family and Youth Services
|
Family and Youth Services Director
|
Program fees
|
Program expenses
|
|
Council on Aging
|
Senior Center Director
|
Transportation and program fees
|
Transportation and Senior Center programs
|
|
Community Affairs
|
Community Affairs Committee
|
Program fees
|
Program expenses
|
|
Library
|
Library Director
|
Program fees
|
Program expenses
|
|
Revolving Fund
|
Annual Expenditure Limit
|
|---|---|
|
Fire Department
|
$500,000
|
|
Animal Control
|
$50,000
|
|
Family and Youth Services
|
$20,000
|
|
Council on Aging
|
$200,000
|
|
Community Affairs
|
$20,000
|
|
Library
|
$20,000
|
