Town Meeting Warrant Article of the Day: Article 21 – Revolving Fund Spending Limits

As we ready for Town Meeting on May 16, 2023, the Town will be presenting information every day on different warrant articles.

2023 Town Meeting Warrant

Article 21 – Revolving Fund Spending Limits

Every year Town Meeting authorizes the Town’s revolving accounts and sets spending limits for those accounts.  A revolving fund separately accounts for specific revenues and earmarks them for expenditure by a board or officer without appropriation for particular purposes to support the activity, program or service that generated the revenues.  Town Meeting authorizes the revolving account, its use, and how much can be spent from the account each year.

To learn more about the different types of revolving accounts, visit here:

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