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The subcommittee voted 2-0 in favor of transferring $2,315,037 from the general fund to Burlington’s Water Stabilization fund. Members also discussed creating a Water Enterprise Fund, which may be proposed for the May Town Meeting.
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The transfer would help keep water funding aligned with rising water production costs. A Water Enterprise Fund could allow water-bill receipts to flow directly into a dedicated fund, but its creation was only discussed and has not been approved.
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