Kingston — The select board voted to place a warrant article establishing a recycling revolving fund on the warrant, citing RSA 31:95-8 and definitions in RSA 149-M:4.
The proposed fund would collect fees, charges and other income tied to recycling activities and allow those revenues to accumulate year to year instead of returning automatically to the town’s general fund. According to the language read at the meeting, the town treasurer would have custody of the fund and could disburse money only on the order of the governing body; expenditures from the fund would not require a separate legislative-body approval.
Select board members discussed practical matters, including whether unused money in a revolving fund that is later closed returns to the general fund. Paula Mahoney advised that closing a revolving fund and returning its balance requires a warrant article; money does not automatically revert to the general fund without a vote.
A board member who said they had attended a solid-waste meeting supported the measure as a step toward treating recycling more like an ongoing operation and noted there would be administrative work to run it ‘‘like a business.’’ The board moved and seconded the article; the vote in the transcript was unanimous in favor.
What the fund would do: The fund is intended to let recycling fees and related income be spent directly on recycling-related expenses (for example, special collections and operation of the collection center) and to allow the balance to carry forward.
Motion and vote: A member moved to approve the revolving-fund warrant article; the motion was seconded and recorded as carried by unanimous voice vote in the meeting transcript.