Article 15. Facilities Rental Revolving Fund

ARTICLE 15. To determine whether the Town will accept Mass. Gen. Laws, c. 71, § 71E and authorize establishment of a Facilities Rental Revolving Fund for Concord Public Schools Facilities; or take any other action relative thereto.

Article Explanation

This article will establish a fund that will enable Concord Public Schools to align revenues with expenses for facilities rentals, by applying facilities rental frees to this revolving fund, to offset costs related to outside rentals, such as utilities usage and custodial costs, and building maintenance and repairs.

Article Motion

Ms. Rankin moves that the Town take affirmative action on Article 15 as printed in the Warrant.