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• Each fiscal year, at least 10% of estimated annual fund revenues must be <br /> appropriated or reserved for later appropriation for each of the following three <br /> categories of community preservation purposes: <br /> • Open space (excluding recreational uses). <br /> • Historic resources. <br /> • Community housing. <br /> • May make appropriations or reservations from estimated annual fund <br /> revenues until tax rate set. <br /> • Other fund financing sources. <br /> • Fund reserves. <br /> • Fund balance. <br /> • Year-end balance resulting from favorable revenues and expenditures. <br /> • Available anon accounting officer's submission of report of prior year <br /> fund activities (Community Preservation Fund Report - Form CP-2) to <br /> DOR until June 30 close of current fiscal year. <br /> • May be appropriated for any CPA purpose during the FY. <br /> • Special purpose reserves. <br /> • Three separate special purpose reserves created within the fund by <br /> legislative body's earmarking of annual fund revenues (or fund balance) <br /> for later appropriation for one of these purposes: <br /> • Open space (excluding recreational use). <br /> • Historic resources. <br /> • Community housing. <br /> • Appropriations from special purpose reserves restricted to those <br /> purposes. <br /> 7 <br />