AN ACT INCREASING THE EXPENDITURE LIMIT ON REVOLVING FUNDS IN THE CITY OF ATTLEBORO.
Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same as follows:
SECTION 1. Notwithstanding section 53E½ of chapter 44 of the General Laws or any other general or special law to the contrary, a board, department or officer of the city of Attleboro may expend in any 1 fiscal year from all revolving funds under its direct control under said section 53E½ an amount equivalent to 5 per cent of the amount raised by taxation by the city in the most recent fiscal year for which a tax rate has been certified under section 23 of chapter 59 of the General Laws.
SECTION 2. This act shall take effect upon its passage.
Approved June 21, 2006.