Town Meeting Warrant Article of the Day – Article 22: Transfer to Capital Stabilization

Warrant Article of the Day

Article 22: Transfer to Capital Stabilization

The Town is requesting to transfer $350,000 into the Town’s Capital Stabilization Account.  The Capital Stabilization account is the town’s savings account to purchase capital items.  The purpose of this stabilization fund is to accumulate money in order to purchase larger capital items without relying on debt.  To appropriate from the Town’s Stabilization account requires a 2/3rd vote of Town Meeting.


To learn more about Stabilization funds visit: https://www.mass.gov/files/documents/2017/09/11/igr17-20.pdf

Town Meeting Documents

Town Meeting Warrant

https://sites.google.com/northandoverma.gov/annual-town-meeting-2021/home

Article 22.jpg

Planning to Attend Town Meeting? Please RSVP!

In an effort to properly plan and keep Annual Town Meeting as safe as possible please help us out by indicating if you and others in your household intend to attend Town Meeting on Tuesday, June 15th at 6:00PM on the football field of the Joe Walsh Stadium at North Andover High School.

Please RSVP by using this RSVP Form.

We would appreciate it if you would RSVP for planning purposes, however, the Town Meeting is open to everyone and you are not required to pre-register to attend.

NA Town Meeting facebook post.png