[Adopted 5-9-2017 ATM by Art. 20, approved by Attorney General 8-29-2017]
This Article establishes and authorizes revolving funds for use by specified 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.
The specified department or agency head, board, committee or officer may incur liabilities against and spend monies from a revolving fund established and authorized by this Article without appropriation subject to the following limitations:
A. 
Fringe benefits for 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 Select Board and Finance Committee.
Interest earned on monies credited to a revolving fund established by this Article shall be credited to the General Fund.
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 Article. 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.
A. 
Town Wharf Revolving Fund. funds derived from launching fees and boat excise, to be expended by the Harbormaster for the operations and maintenance of the Town wharf, including part-time wages, for Fiscal Year 2018 and subsequent years.
B. 
Beautification Fund: funds derived from the sale of wood from the grand elm, to be expended by the Director of Public Works to fund beautification projects approved by the Shade Tree and Beautification Committee, for Fiscal Year 2018 and subsequent years.
C. 
Public Health Fund: funds derived from Medicare and other insurance funds, to be expended by the Director of Public Health for costs associated with the administration of inoculation programs including medical supplies, administrative costs and part-time wages, for Fiscal Year 2018 and subsequent years.
D. 
Sanitary Housing Fund: funds derived from housing code inspection fees, to be expended by the Director of Public Health, for the costs associated with the housing sanitary code inspections and compliance, including part-time wages, for Fiscal Year 2018 and subsequent years.
E. 
Food Inspectional Services Fund: funds derived from food permit, re-inspection and plan review fees, to be expended by the Director of Public Health for costs associated with food inspections and plan reviews, including part-time wages, for Fiscal Year 2018 and subsequent years.
F. 
Council on Aging Fund: funds derived from contributions and fees from participants in special activities of the Council on Aging, to be expended by the Director of the Council on Aging for activities, supplies and part-time wages, for Fiscal Year 2018 and subsequent years.
G. 
Historical Commission Fund: funds derived from the sale of publications, to be expended by the Historical Commission for supplies and preservation of Town records for Fiscal Year 2018 and subsequent years.
H. 
Town Hall Custodial Services Fund: funds derived from user fees, to be expended by the Director of Facilities, to pay for overtime and other expenses associated with use of the Town Hall by outside organizations for special events, for Fiscal Year 2018 and subsequent years.
I. 
Shellfish Enhancement Fund: funds derived from surcharges on commercial and recreational shellfish licenses, to be expended by the Shellfish Commissioners, for enhancements to shellfish resources, for Fiscal Year 2018 and subsequent years.
J. 
EV Revolving Fund: funds derived from Electrical Vehicle Charging stations, to be expended by the Director of Public Works, for costs associated with the operation, maintenance and expansion of EV stations in Fiscal Year 2019 and subsequent years.
[Added 11-7-2017 STM by Art. 11, approved by Attorney General 2-26-2018]
K. 
Health Reimbursement Account (HRA) Fund: funds derived from Health Plan Redesign Savings negotiated with the Public Employee Committee (PEC), to be expended by the Human Resources Director in Fiscal Year 2018 and subsequent years, and to transfer the following sums from the FY18 budget into the HRA:
[Added 11-7-2017 STM by Art. 12, approved by Attorney General 2-28-2018]
From the FY2018 water department budget the sum of $2,650.83; from the FY2018 wastewater budget the sum of $1,323.09; from the FY2018 school budget - $60,607.19; and from the FY2018 Municipal/Benefits and Other budget the sum of $27,762.88.
L. 
Crane Beach Maintenance Fund: funds derived from the sale of Crane Beach parking permits and the Trustees of the Reservation Crane Beach PILOT Agreement, to be expended by the Town Manager (or Select Board) for maintenance and repair of Town-owned or operated parking and pedestrian facilities at Crane Beach in Fiscal Year 2020 and subsequent years.
[Added 5-14-2019 ATM by Art. No. 1, approved by Attorney General 9-5-2019]
M. 
(Reserved)
N. 
Conservation Off-Site Mitigation Fund: funds derived from mitigation payments made by permittees under the Town's Wetlands Protection Bylaw[1] to pay for off-site environmental restoration or mitigation projects in lieu of on-site mitigation, said funds to be expended by the Conservation Commission with the approval of the Town Manager.
[Added 10-25-2022 ATM by Art. 7, approved by the Attorney General 1-9-2023]
[1]
Editor's Note: See 224, Wetlands Protection.