‘Sec. 3. P&SL 1953, c. 156, §12, 2nd sentence  is amended to read:

Said voters may determine and include in said capital budget the sum, if any, to be set aside in the current year for a capital reserve fund; provided, however, except that the an amount which may up to $140,000 for a capital reserve fund must be set aside in any one year shall not exceed $12,500 for the 2020 fiscal year, which runs from July 1, 2019 to June 30, 2020. For each fiscal year after 2020 the capital reserve fund set-aside amount must equal the greater of the prior year's set-aside amount or the prior year's set-aside amount adjusted by the percentage change in the Consumer Price Index for the most recently concluded calendar year.’