Cohasset Voters Unanimously Approve New Revolving Fund for Community Market Operations
Key Points
- Allows market fees to directly fund operational and licensing expenses.
- Transitioned market finances from a temporary gift account to a permanent revolving fund.
- Recommended for approval by both the Select Board (4-0) and Advisory Committee (8-0).
In the first action of the 2025 Special Town Meeting, voters addressed Article 1, which sought to establish a dedicated revolving fund for the Cohasset Community Market. Town Manager Chris Senior explained that the fund is a necessary administrative step to manage the market's finances more effectively, allowing fees collected from the market to be used directly for its ongoing expenses and licensing.
The market had previously been operating through a gift account, but the transition to a revolving fund provides a more structured municipal accounting framework. Senior noted that Town Planner Cassandra Thayer is actively seeking volunteers to assist with market operations. Both the Select Board and the Advisory Committee recommended the measure without reservation.
Motion: Move that the Town vote to establish a revolving fund for the Cohasset Community Market as printed in the warrant.
Vote: Passed Unanimously