An Order to establish spending limits for departmental revolving funds pursuant to the provisions of M.G.L. c. 44, Section 53E.

This ordinance establishes the expenditure limits for Amesbury’s departmental revolving funds for the fiscal year beginning July 1, 2025, in accordance with M.G.L. c. 44, §53E. It specifies the maximum amounts that may be spent from each revolving fund and identifies the sources of receipts supporting those funds. The listed revolving funds include Youth activities and programs, the Council on Aging, and the EV charging stations program. The limits are set to apply from year to year until revised by vote of the City Council prior to the next fiscal year. These actions are intended to provide clear fiscal governance for funds that derive from program fees, facility usage, and related revenues, ensuring responsible, capped spending by respective departments.