Commission discusses setting up gift and handicap funds and donation rules
Members reviewed options to set up a gift account and a handicap funds account, discussed whether those are revolving funds or special-purpose funds, and agreed to consult the treasurer and accountant before soliciting donations.
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Chair Cindy King summarized conversations with the treasurer and said the commission can establish separate accounts for donations and for handicap-related funds, but that some accounts may require town‑meeting action and accounting guidance.
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