ARTICLE 9: Establishment of Stabilization Fund by Assabet Valley Regional Vocational School District

To see if the Town will vote to approve the Assabet Valley Regional Vocational Technical School Committee’s vote on January 9, 2024, to establish a Stabilization Fund for the Assabet Valley Regional Vocational Technical School District, pursuant to Section 16G ½ of Chapter 71 of the Massachusetts General Laws, said Stabilization Fund to be invested and to retain its own interest earnings as provided by law and further set up an operational line item to be created to transfer available monies into said Stabilization Fund; or take any other action relative thereto.
− This Article provides for a contribution to the Stabilization Fund, or general savings account, for the Assabet Valley Regional Vocational School District.

For further explanation of this article, please watch this video
clip on Northborough Cable's YouTube Channel: