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Select Board adopts recreation revolving fund policy to clarify use of program revenues
Summary
Officials adopted a recreation revolving fund policy grounded in RSA 35‑B:2 to set allowable uses and clarify that revolving revenue does not replace annual appropriations; the board approved the policy by unanimous voice vote.
The Nottingham Select Board voted Aug. 3 to adopt a formal recreation revolving fund policy intended to clarify how program‑generated revenues may be used for recreation operations and capital needs. The policy was drafted by staff and refined with input from other towns.
Town Administrator Ellen White said the policy aligns with statutory guidance: "RSA 35‑B:2 is how the fund was established and timing of 1994," she said, adding the policy specifies intended uses and that the fund is not a substitute for the department's annual appropriation. The board moved to approve the policy as presented and voted in favor. White said she will supply a clean copy for signatures at the next meeting and that the policy should help budget committee review and reduce recurring misunderstandings about allowable expenditures.
The policy explicitly addresses capital uses, program revenues like summer camps and aftercare, and the role of department coordinators and the treasurer in custody of funds.
