Capital Budget Over $3 Million Has Minimal Impact to Taxpayer
A new firetruck, a generator for the Melican School and repairs to the Ellsworth McAfee track are included in FY2013 capital plan.
Next year's budget includes a capital plan of ten items totaling $3,086,000, approved by the Board of Selectmen in order to send it off to town meeting this spring, when voters decide whether to give it their blessing. Calling it a "significant capital investment on behalf of the town," Town Administrator John Coderre stressed that 91 percent of the $3 million plus dollars will be "funded with sources that will not increase taxes." The sources include free cash, bonds, repurposed bonds, Enterprise funds, MSBA grant, mitigation, community preservation funds and donations. The FY13 Capital Improvement Plan (CIP) focuses on ten investments for the town. A 1984 fire engine will be replaced at $350,000. Also, mandated by the FCC, Northborough …
In this Article:
William Jeas
12:09 pm on Tuesday, March 13, 2012
Once again, the Town Administrator "misrepresented" to Citizens for these FY13 ten proposed govt projects that taxpayers "will only be on the hook for $260,000." This is False! Actually, your Tax Monies, next year & past years, will be used (and thus your Taxes NOT Reduced in FY13) and these Tax Monies will come from the following tax categories: 1. So-called "FREE" Cash (your tax money not all … more ›