[HISTORY: Adopted by the Town Meeting of the Town of Chatham as indicated in article histories. Amendments noted where applicable.]
[Adopted 5-8-2017 ATM by Art. 40]
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.
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 an increased amount of that authorization that is later approved during the fiscal year by the Select Board and Finance Committee.
Interest earned on monies credited to a revolving fund established by this bylaw shall be credited to the general fund.
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/Finance Director 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/Finance Director provides the department, board, committee, agency or officer on appropriations made for its use.
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/Finance Director;
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.
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
E
Restrictions or Conditions on Expenses Payable from Fund
F
Other Requirements/ Reports
G
Fiscal Years
Airport Revolving Fund
Airport Commission and Town Manager
Lease receipts
Expenses related to further operations of Chatham Municipal Airport
Fiscal Year 2019 and subsequent years
Bassett House Revolving Fund
Town Manager
Lease receipts
Expenses related to the maintenance expenses of the Bassett House
Fiscal Year 2019 and subsequent years
Inspection Services
Community Development Department and Town Manager
10% of all monies from the issuance of all inspection permits
Expenses associated with the approval of inspectional permits, including salaries or wages of full-time employees and costs of fringe benefits associated with such wages or salaries
Fiscal Year 2019 and subsequent years
Recycling Revolving Fund
DPW and Town Manager
Receipts from sale of recycling bins, compost bins, rain barrels, kitchen scrap buckets, water-saving devices, recycling bags/totes, and other items particular to recycling.
Purchase of additional recycling containers and items particular to recycling and conservation, including advertising the availability of such items
Fiscal Year 2019 and subsequent years
Marconi Station Revolving Fund
Town Manager
Lease receipts
Expenses related to the inspection and maintenance of the buildings operated by the lessees at the Marconi Station
Fiscal Year 2019 and subsequent years
Waterways User Fee Revolving Fund
Department of Natural Resources, after consultation and recommendation from the Waterways Advisory Committee and the Harbormaster, with the approval of the Town Manager
All monies received from the Waterways user fee, Fish Pier docking permit fees, Fish Pier lease revenue, and Fish Pier fuel revenue
Expenses for design, permitting, construction, major repair, or replacement of public waterfront/ waterway infrastructure
Salaries or wages of full-time employees shall be paid from the annual budget appropriation of the Natural Resource Department and not from the fund.
Fiscal Year 2019 and subsequent years