Municipalities can temporarily use certain funds for non-designated purposes if they have an arts and culture trust fund.
This bill allows municipalities with an arts and culture trust fund to temporarily use funds from their "Municipal Open Space, Recreation, Floodplain Protection, and Farmland and Historic Preservation Trust Fund" for purposes not specifically designated by law. This applies to funds raised by a tax levy for fiscal year 2027 and unexpended funds deposited into the trust fund before fiscal year 2027. The change is subject to voter approval through a petition and a subsequent election.
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