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Revenue fund set up for GE donation for Newtown Community Center

A special revenue fund has been created in Newtown to account for the donation from GE and other community center revenues.  The account is needed to track money from the donation since the community center and the senior center are being built at the same time.  The first allocation will be made for the director, who started last month.  Newtown Board of Finance members say the account will create transparency around expenditures and revenue.  First Selectman Dan Rosenthal will oversee coordination with Parks and Rec in the director’s job description.    

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