Article 4

ARTICLE 4

(Revolving Accounts:  Spending Limits for FY 2022)

To see what spending limits the Town will establish for revolving accounts established pursuant to Chapter 44, section 53E½ of the Massachusetts General Laws and Section 19-21 of the Town Code for Fiscal Year 2022; or take any other action related thereto.

 

(Select Board)

FINANCE COMMITTEE MOTION:  Moved that the Town set the spending limits for revolving funds established pursuant to Section 19-21 (Revolving accounts established) of the Town Code as follows:

 

FUND

SPENDING LIMIT

Beach Improvement

$576,000

Community Recreation Programming

$100,000

Tennis Court

$1

Conservation Fund

$35,000

Septic System Inspections

$85,000

Seasonal Food Service Inspections

$78,000

Seasonal Housing

$67,500

Road Repairs

$100,000

Public Works Housing

$75,000

Low Beach Housing

$67,500

Municipal Aggregation Operational Adder

$150,000

Airport Aviation Fuel

$4,000,000