Notwithstanding Section 53 of Chapter 44 of the General Laws or any general or special law to the contrary, the Town of Stoneham establishing a special fund to provide funding for the collection and disposal of trash and other items collected or received by the Town, recycling, and other costs related thereto. 

Funds and/or receipts received by the Town from trash/recycling fees, together with such funds as may be appropriated by Town Meeting or otherwise received by the Town for these purposes by grant, subsidy or donation shall be placed in said fund.  Interest earned on any fund balance shall also be placed in said fund.  The fund shall be maintained by the Town Treasurer as a separate account.  Any balance remaining at the end of a fiscal year shall carry over to the next fiscal year and thereafter if not then expended for the purposes set out herein.  Proceeds from the special fund shall be used at the determination of the Board of Selectmen along with the Town Administrator, pursuant to the provisions herein, without further appropriation.  Expenditures shall not be made or liabilities incurred from the fund in excess of the balance of the fund. The primary purpose of the excess funds should be used to reduce the trash fee in the ensuing fiscal year.

The Act shall take effect upon its passage.