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• Term of debt for those purposes. <br /> • Formalities of issuance. <br /> • May issue bond anticipation notes (BANS). <br /> • May use level debt service, equal principal or other repayment schedule. <br /> Tax Rate <br /> • Form A-4 must be submitted to report fund appropriations, revenues and deficits. <br /> • Setting tax rate fixes amount raised (i.e., appropriated or reserved) from <br /> estimated annual fund revenues for the fiscal year. <br /> • Available sources for appropriations after tax rate set limited to: <br /> • Fund special purpose reserves: (1) open space, (2) historic resources, (3) <br /> affordable housing. <br /> • Fund balance (upon annual submission of Community Preservation Fund <br /> Report- Form CP-2) by accounting officer). <br /> • Borrowing. <br /> Accounting Issues <br /> Actual revenues in excess of amount appropriated or reserved during FY close <br /> to fund balance at year-end. <br /> • Unspent/unencumbered committee administrative appropriation balances close <br /> to fund balance at year-end. <br /> • Unspent/unencumbered appropriation balances close to fund financing source <br /> from which appropriation made after notice that acquisition or project is <br /> complete (or action by legislative body). <br /> • Unspent/unencumbered fund monies at time surcharge revoked reserved to pay <br /> existing obligations, future debt service and revenue shortfalls. <br /> 9 <br />