Understanding the differences between Free Cash, Stabilization Funds and Reserve Funds
There are multiple differences between Free Cash, Stabilization Funds and Reserve Funds. However, they can all be used as a funding source for various town expenses. Free Cash is unrestricted available funds for appropriation by a majority vote, typically at Town Meeting. It should only be used for non-recurring expenses, not to balance the operating […]
Understanding the differences between Free Cash, Stabilization Funds and Reserve Funds Read More »