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Revolving Funds
REVOLVING FUNDS
Section 1.  There are hereby established in the Town of Rutland pursuant to the provisions of G.L. c.44, §53E½, the following Revolving Funds, from which the specified department head, board, committee, or officer may incur liabilities against and spend monies from without appropriation in accordance with the limitations set forth in this by-law.
Section 2. Fringe benefits of full-time employees whose salaries or wages are paid from the fund shall also be paid from the fund.
Section 3.  No liability shall be incurred in excess of the available balance of the fund.
Section 4.  The total amount spent during a fiscal year shall not exceed the amount authorized by Annual Town Meeting or any increase therein as may later be authorized  by the Board of Selectmen and Finance Committee in accordance with G.L. c.44, §53E½.
Section 5.  Interest earned on monies credited to a revolving fund established by this by-law shall be credited to the General Fund.
Section 6.  Authorized Revolving Funds

Revolving Fund
Authorized to
Expend
Revenue
Source
Use of Fund

Recreation Department

Recreation Director

Fees paid by
Participants
School year programs including but not limited to the Safe Place Programs

Board of Health

Board of Health

Inspection Fees

Inspectional services, costs and expenses

Planning Board

Planning Board

Filing and other fees

Administrative services, costs and fees
Recreation Department
Recreation Director
Fees paid by
Participants
Recreational
Activities

Animal Control
Department

Animal Control
Officer

ACO Kennel
User fees

Supplies for operation of
Regional ACO Kennel
Section 7.  Procedures and Reports. Except as provided in General Laws Chapter 44, §53E½ and this by-law, all applicable state and local laws and regulations that govern the receipt, custody, expenditure and payment of town funds shall apply to the use of revolving funds established and authorized by this by-law.




 
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