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Environmental Affairs Fund
Overview
In 2016, the Town established an Environmental Affairs Fund. The Fund is replenished from 50% of the revenues from renewable energy payments in lieu of taxes. The Fund is available to meet the costs of environmental projects including, design and engineering, mitigation, land acquisition, water quality assessments, stormwater control improvement, river restoration, or a grant match to other State or Federal environmental grants.
Environmental Affairs Fund Usages
Established by Chapter 358 of the Acts of 2016 (PDF).
Environmental Affairs Report (PDF) as of January 2020
Fiscal Year | Date | Activity | 50% Share | Interest Earned | Town Meeting Appropriations | Running Balance |
---|---|---|---|---|---|---|
2017 | 6/30/17 | 50% of PILOT Funds Collected in FY2017 | 118,821.39 | N / A | N / A | 118,821.39 |
2018 | 10/21/17 | FATM-Article 4E (PDF): PIT Tag Project @ Town Brook | N / A | N / A | (21,000) | 97,821.39 |
N / A | 6/30/18 | 50% of PILOT Funds Collected in FY2018 | 191,219.03 | N / A | N / A | 289,040.42 |
N / A | 6/30/18 | Interest Earnings | N / A | 1,251.47 | N / A | 290,291.89 |
2019 | 4/7/18 | ATM-Article 9A16 (PDF): Town Forest Pine Cutting | N / A | N / A | (12,500) | 277,791.89 |
N / A | 4/7/18 | ATM-Article 9A22: Feasibility Jenney Pond Bypass | N / A | N / A | (36,680) | 241,111.89 |
N / A | 10/20/18 | FATM-Article 4G (PDF): Water St Parking Lot Contamination | N / A | N / A | (240,000) | 1,111.89 |
N / A | 6/30/19 | 50% of PILOT Funds Collected in FY2019 | 195,982.19 | N / A | N / A | 197,094.08 |
N / A | 6/30/19 | Interest Earnings | N / A | 2,298.66 | N / A | 199,392.74 |
2020 | 10/1/19 | Return from Water St Parking Lot | N / A | N / A | 100,136.69 | 299,529.43 |
N / A | 10/19/19 | FATM-Article 4H (PDF): Jenney Pond Dam Engineering and Permitting | N / A | N / A | (77,000) | 222,529.43 |
N / A | 10/19/19 | FATM-Article 4I (PDF): Jenney Pond Dredging Engineering and Permitting | N / A | N / A | (101,000) | 121,529.43 |
N / A | 10/19/19 | FATM-Article 4K (PDF): Holmes Dam Sediment | N / A | N / A | (75,000) | 46,529.43 |
N / A | 10/19/19 | FATM-Article 4L (PDF): Savery Pond Watershed Study | N / A | N / A | (28,977) | 17,552.43 |
N / A | 6/30/20 | 50% of PILOT Funds Collected in FY2020 | 200,887.82 | N / A | N / A | 218,440.25 |
N / A | 6/30/20 | Interest Earnings | N / A | 2,420.70 | N / A | 220,860.95 |
2021 | 10/17/20 | FATM-Article 4C (PDF): Herring Pond Watershed Study | N / A | N / A | (71,024) | 149,836.95 |
N / A | 10/17/20 | FATM-Article 4D (PDF): Jenney Pond Dam Bypass Engineering and Permitting | N / A | N / A | (75,000) | 74,836.95 |
N / A | 10/17/20 | FATM-Article 6 (PDF): Cyanobacteria Sampling - Various Ponds | N / A | N / A | (17,500) | 57,336.95 |
N / A | 10/17/20 | FATM-Article 7 (PDF): Foothills Preserve Restoration Plantings | N / A | N / A | (45,800) | 11,536.95 |
N / A | 10/17/20 | FATM-Article 8 (PDF): DMEA Educational Trailer | N / A | N / A | (10,000) | 1,536.95 |
N / A | 6/30/21 | 50% of PILOT Funds Collected in FY2021 | 206,016.74 | N / A | N / A | 207,553.69 |
N / A | 6/30/21 | Interest Earnings | N / A | 702.03 | N / A | 208,255.72 |
N / A | 6/30/21 | Projects Closed Out: PIT Tag Project, Town Forest Pine Cutting, Holmes Dam Sediment Disposal | N / A | N / A | 13,888.86 | 222,144.58 |
2022 | 11/1/21 | FATM-Article 4 (PDF): Bartlett Road Bridge Engineering | N / A | N / A | (124,000) | 98,144.58 |
N / A | 11/1/21 | FATM-Article 7 (PDF): eDNA Study Town Brook/Billington | N / A | N / A | (10,000) | 88,144.58 |
6/30/22 | Interest Earnings | N / A | 385.50 | N / A | 88,530.08 | |
2023 | 7/1/22 | ATM-Article 18 (PDF): Planning and Permitting - Long Beach Pier | N / A | N / A | (35,500) | 53,030.08 |
Totals | N / A | N / A | $912,927.17 | $7,058.36 | (866,955.45) | N / A |