ARTICLE 11: Appropriations Committee Reserve Fund
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.
− This Article provides the Town operations with an option for the funding of extraordinary or unforeseen expenditures during the year.
For further explanation of this article, please watch this video
clip on Northborough Cable's YouTube Channel:
