Article 15: To see if the Town will vote to appropriate the sum of One Hundred Seventy-Five Thousand Dollars ($175,000) for a Reserve Fund to provide for extraordinary or unforeseen expenditures in accordance with Massachusetts General Laws Chapter 40, Section 6, and to meet said appropriation the sum of One Hundred Seventy-Five Thousand Dollars ($175,000) be transferred from Free Cash, or take any action relative thereto.
Explanation: This Article provides the Town operations with an option for the funding of extraordinary or unforeseen expenditures during Fiscal Year 2027.
Votes Needed to Pass: Majority
Discussion Related to This Article: