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 YearDateActivity50% ShareInterest EarnedTown Meeting AppropriationsRunning Balance
20176/30/1750% of PILOT Funds Collected in FY2017118,821.39

118,821.39
201810/21/17FATM-Article 4E (PDF): PIT Tag Project @ Town Brook

(21,000)97,821.39

6/30/1850% of PILOT Funds Collected in FY2018191,219.03

289,040.42

6/30/18Interest Earnings
1,251.47
290,291.89
20194/7/18ATM-Article 9A16 (PDF): Town Forest Pine Cutting

(12,500)277,791.89

4/7/18ATM-Article 9A22: Feasibility Jenney Pond Bypass

(36,680)241,111.89

10/20/18FATM-Article 4G (PDF): Water St Parking Lot Contamination

(240,000)1,111.89

6/30/1950% of PILOT Funds Collected in FY2019195,982.19

197,094.08

6/30/19Interest Earnings
2,298.66
199,392.74
202010/1/19Return from Water St Parking Lot

100,136.69299,529.43

10/19/19FATM-Article 4H (PDF): Jenney Pond Dam Engineering and Permitting

(77,000)222,529.43

10/19/19FATM-Article 4I (PDF): Jenney Pond Dredging Engineering and Permitting

(101,000)121,529.43

10/19/19FATM-Article 4K (PDF): Holmes Dam Sediment

(75,000)46,529.43

10/19/19FATM-Article 4L (PDF): Savery Pond Watershed Study

(28,977)17,552.43

6/30/2050% of PILOT Funds Collected in FY2020200,887.82

218,440.25

6/30/20Interest Earnings
2,420.70

220,860.95

202110/17/20FATM-Article 4C (PDF): Herring Pond Watershed Study

(71,024)149,836.95

10/17/20FATM-Article 4D (PDF): Jenney Pond Dam Bypass Engineering and Permitting

(75,000)74,836.95

10/17/20FATM-Article 6 (PDF): Cyanobacteria Sampling - Various Ponds

(17,500)57,336.95

10/17/20FATM-Article 7 (PDF): Foothills Preserve Restoration Plantings

(45,800)11,536.95

10/17/20FATM-Article 8 (PDF): DMEA Educational Trailer

(10,000)1,536.95

6/30/2150% of PILOT Funds Collected in FY2021206,016.74

207,553.69

6/30/21Interest Earnings
702.03
208,255.72

6/30/21Projects Closed Out: PIT Tag Project,
Town Forest Pine Cutting, Holmes Dam Sediment Disposal


13,888.86222,144.58
202211/1/21FATM-Article 4 (PDF): Bartlett Road Bridge Engineering

(124,000)98,144.58

11/1/21FATM-Article 7 (PDF): eDNA Study Town Brook/Billington

(10,000)88,144.58

6/30/22Interest Earnings
385.50
88,530.08
20237/1/22ATM-Article 18 (PDF): Planning and Permitting - Long Beach Pier

(35,500)53,030.08
Totals

$912,927.17$7,058.36(866,955.45)