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Rehabilitate and restore open space, land for recreational use and <br /> community housing acquired or created with fund monies. <br /> • May appropriate for related purposes: <br /> • Debt service on loans authorized under G.L. c. 44B for community <br /> preservation projects. (Committee recommendation not required). <br /> Eminent domain damages if land acquired in that manner. <br /> • Matching funds for federal/state grants for community preservation <br /> proj ects. <br /> • Incidental acquisition and borrowing expenses. <br /> • May spend up to 5% of annual fund revenues for administrative and operating <br /> expenses of Community Preservation Committee. (Committee <br /> recommendation not required). <br /> • For committee expenses only, not general indirect costs of assessors, <br /> collector, treasurer, accounting officer in implementing. <br /> • May not appropriate to supplant current spending on these purposes or <br /> maintain any real or personal property. <br /> • Supplemental appropriations from levy, free cash, etc. for community <br /> preservation projects are set up as special purpose appropriations— may not be <br /> appropriated directly to the fund (special revenue fund). <br /> Community Preservation Fund <br /> Appropriation Financing Sources <br /> (See Chart 2 for financing sources and Chart 3/Bulletin 2003-04B for sample votes) <br /> • Annual fund revenues. <br /> • Annual fund revenues include estimated receipts from surcharge and state <br /> trust fund distribution (beginning in second year). <br /> 6 <br /> l <br />