§ 95. Youth agencies and assistance. Any municipality as defined by section two hundred forty of this chapter is hereby authorized and empowered to establish, maintain and operate a bureau or agency thereof for the purpose of coordinating and supplementing the activities of public and private agencies devoted in whole or in part to the welfare and protection of youth therein, and to undertake and promote activities and establish, maintain and operate projects devoted in whole or in part to providing leisure-time activities for youth or assistance to children. Any municipality as defined by section two hundred forty of this chapter may appropriate, raise and expend moneys for the purposes of establishing, maintaining and operating such bureau or such agency, and may also receive and expend moneys from the state, the federal government or private individuals, corporations or associations for such purposes.