Annual Report of the Town of Rye, New Hampshire 2003
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The excess monies go back to the town for administrative costs. There was no further discussion on Article 12. The moderator ordered Article 12 placed on the ballot as written. Moderator Hoefle read Article 13. ARTICLE 13. Shall we adopt the provisions of RSA 31:95-c to restrict sixty per cent (60%) of revenues from beach parking fines to expenditures for the purpose of covering the cost of personnel and equipment to enforce parking regulations. Such revenue and expenditures shall be accounted ...for in a special revenue fimd to be knowTi as the 'Beach Parking Violation Fund' separate from the general fund. Any surplus in said fund shall not be deemed part of the general fund accumulated surplus and shall be expended only after a vote by the legislative body to appropriate a specific amount from said fund for a specific purpose related to the purpose of the fund or soiu^ce of the revenue. (Majority vote required.) It was moved by Joseph Mills, seconded by John Moynahan, to place Article 13 on the floor for discussion.
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