An Act establishing a special fund for the festival of the hills receipts for the town of Conway
HD 3575 creates a special fund for the Town of Conway to hold proceeds from its annual "Festival of the Hills," along with grants and local appropriations. The fund's interest counts as general town revenue, and any unused balance rolls over yearly. The Festival of the Hills Committee can use the money to cover festival expenses, and after that, any remaining funds (except those from local appropriations) may be used to award scholarships to Conway high school seniors for education or training. This bill directly affects Conway's local budget management and scholarship program for its students.
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