CHAPTER 34: FINANCES

Section

Funds

   34.01   Sewage Utility Depreciation Fund

   34.02   Gas Utility Depreciation Fund

   34.03   Police Department Fund

   34.04   Cumulative Capital Development Fund

   34.05   Rainy Day Fund

   34.06   Regional Revenue Sharing Fund

   34.07   Town Hall Fund

   34.08   Economic Development Fund

   34.09   LOIT Special Distribution

   34.10   Community Crossing Matching Grant Fund

   34.11   Credit Card Service Fee/Utility Payment Clearing Fund

   34.12   Sidewalk Maintenance Fund

   34.13   American Rescue Plan Nonreverting Fund No. 176

   34.14   Local Income Tax - Public Safety Fund

Fees

   34.20   Fees for accident reports and handgun permits

   34.21   Check return fee

   34.22   Town employee charges

Fixed Asset Capitalization Policy

   34.35   Definitions

   34.36   Provisions

   34.37   Recording and accounting

   34.38   Safeguarding assets

Purchasing Policy

   34.50   Designation of purchasing agency and purchasing agent

   34.51   Purchasing rules

   34.52   Purchasing policies

Tax Abatement Program

   34.65   Decision guidelines

   34.66   Revocation of tax abatement by Town Council

   34.67   Granting tax abatement

   34.68   Financial incentives

FUNDS

§ 34.01 SEWAGE UTILITY DEPRECIATION FUND.

   (A)   There is hereby created the town’s Sewage Utility Depreciation Fund.

   (B)   The Fund shall be used exclusively for the payment of the cost of improvements and replacements to the sewage works as a result of depreciation of the works.

   (C)   The sum of $1,000 per month shall be paid into the Fund for such purposes beginning with the rates and charges of the sewage utility collection in December, 1986.

(Ord. 1986-6, passed 12-16-1986)