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!i <br /> CAPITAL PROJECT FUNDS <br /> I I <br /> The Town currently maintains capital project fund balances of approximately <br /> $ 260,000 for various projects which have been completed. The unexpended <br /> balance in these funds may represent a funding source for current or future projects. <br /> The uses of unexpended bond proceeds are regulated by Massachusetts General <br /> Laws. <br /> .i <br /> We recommend that the Town research the original intent and source of these <br /> funds and in doing so determine the allowable use of these funds in accordance <br /> with Massachusetts General,Law. <br /> i! <br /> j <br /> 'i <br /> i <br /> �j <br /> 4 <br />