[{"_1":2,"_86":-5,"_87":-5},"loaderData",{"_3":4,"_26":27},"root",{"_5":6,"_17":10,"_18":19,"_20":21,"_22":10,"_23":-5,"_24":-5,"_25":10},"user",{"_7":8,"_9":10,"_11":10,"_12":-5,"_13":-5,"_14":15,"_16":-5},"roles",[],"isAuthenticated",false,"isPremium","planName","subscriptionStatus","featureFlags",{},"insightsBudget","isDevelopmentHost","userPreferences",{},"recaptchaSiteKey","6LcvOJcUAAAAAHsB-gPGfGktcRlKpH7OTIU_dMTD","isImpersonating","impersonation","affiliateStatus","isFreedomPortal","routes/v2/article/layout",{"_28":29,"_30":31},"notFound",true,"relatedArticles",[32,75],{"_33":34,"_35":36,"_37":38,"_39":40,"_41":42,"_43":44,"_45":46,"_47":48,"_49":50,"_51":52,"_53":54,"_55":56,"_57":58,"_59":60,"_61":62,"_63":64,"_65":66,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},"mediaId",6206754,"mediaKeyId","3760709-c191aa0f645dbf21f3e5a2a444c58e39","parentId",3760709,"title","Springfield Community Preservation Committee recommends roughly $3.5 million for parks, historic preservation and affordable housing projects","audioSeconds",2889,"startMs",1223000,"endMs",4112000,"viewUrl","/Search/View?dp=1&key=3760709-c191aa0f645dbf21f3e5a2a444c58e39&start=1223&end=4112","thumbnailUrl","https://assets.pipeline.soar.com/3760709-c191aa0f645dbf21f3e5a2a444c58e39/thumbnail_1223000.jpg","articleUrl","/articles/6206754/Springfield-City/Hampden-County/Massachusetts/Springfield-Community-Preservation-Committee-recommends-roughly-35-million-for-parks-historic-preservation-and-affordable-housing-projects","mediaUrl","https://secure.pipeline.soar.com/6206754-54f9cad9d21e6604c75418de019e67e6/orig.mp4?Expires=1771113159&Signature=i3VDoaRRupXdr1JFMy-Gw2UvXFhvDDPti865-oSFY3b-xR21ALakm3UrqGkGRP8lcoZ8OTDzds-QxmdZ6ZZyJNWY~~fIcuMRAMVz~KlpXNaf167wslW7soFlV0~H1hzgz7jHQpc1nsmrBu-gQdFgkY8pCdNgtX-biToehbdvRJdNXPP~QPFhtQi0745UYCUa7-LrMItvpNgMSXPGxY1spVhigMUMdkf7wFC52J-kkvstGvXZPqYfTigyVz7ifMb3Ji2pSGmww~-6C1G~bHO3ZQuJfzMkkTO~gVHDDBLY6WqgibifG1Xnin5viCXX9jdlcDO1TUL-vJC5dslO-GFMrQ__&Key-Pair-Id=KUT5TJCACFTXG","author","Springfield City, MA","date","2025-06-10T18:14:18Z","article","The Community Preservation Committee presented its fiscal year 2026 budget estimate and project recommendations to the Springfield City Finance Committee. Bob McCarroll, chair of the Springfield Community Preservation Committee, summarized the CPC's revenue estimate and the distribution framework required by state law.

CPC staff reported an estimated CPA revenue package of roughly $3,000,001 composed of a local tax levy estimate of about $2,500,000, state distribution of about $399,000 and interest earnings near $262,000. Under the state Community Preservation Act, the CPC must reserve 10 percent of annual receipts each for affordable housing, historic preservation, and open space and recreation; up to 5 percent may be used for administration.

The committee recommended funding scores of individual projects drawn from historic, housing and open space categories. Major recommended awards included:

- Marshall Roy Park (East Springfield): $300,000 to add all-abilities play equipment, funded largely from the recreation account with the remainder from undesignated reserves.

- Forest Park fitness course: $300,000 from undesignated reserves to replace a deteriorating course.

- Citywide historic home exterior restoration program: $300,000 to assist owner-occupants in local historic districts via a lottery-selection program run by the CPC.

- Springfield Preservation Trust, 79 Stockbridge St.: $300,000 from the historic allocation for foundation stabilization and building stabilization at a structure the staff described as built in 1845 and listed on the National Register.

- Cabinet Building redevelopment (State Street): $300,000 from undesignated reserves to support conversion into affordable housing with ground-floor storefronts; applicant Donald Mitchell said the award will help reset the capital stack and resume construction, targeting roughly 25 units in an initial phase.

- Paramount Theater roof replacement: $300,000 (part historic, part undesignated) to address water infiltration at the vacant theater building owned by SAC Dev Real Estate Development Inc.

- North Riverfront Park docking program (Pioneer Valley Rowing Club): funding from undesignated reserves to replace an aging dock and improve accessible waterfront access; staff noted the dock will support rowing, kayaking, wildlife viewing and emergency services access.

- Greater Springfield Habitat for Humanity (Hancock St.): $250,000 (housing reserve + undesignated reserve) to build an affordable single-family home targeted to households under 60 percent of area median income.

- Down Payment Assistance (citywide): $200,000 (housing reserve) plus $2,500 from undesignated reserves to increase assistance to up to $7,500 per household (previously $4,500) for buyers at or under 100 percent AMI.

- Elijah Blake House exterior preservation (Springfield Museums): $115,000 from undesignated reserves.

- Daniel's New Bethel Church roof and soffit repair (Dwight Street): $94,677 from undesignated reserves (amount adjusted during review).

- St. Peter's Episcopal Church stained-glass restoration (Buckingham Street): $52,820 from the historic reserve for window repair and protective covering.

- McKnight Park restoration and fountain repair (McKnight neighborhood): $55,000 from undesignated reserves.

- Reinstallation of the Stanford White-designed bench at Stern Square: $63,300 to return the bench to its original site and provide foundation and reassembly work.

In total, CPC staff said the committee received about 35 project applications requesting over $8 million; the CPC recommended about $3.5 million in awards in this cycle. Bob McCarroll characterized the round as especially competitive, saying, \"This was the most difficult round we've done,\" because many high-quality requests competed for limited funds.

The Finance Committee voted to forward the CPC budget estimate and recommended project awards to the full City Council with a favorable recommendation. Committee and CPC staff noted that applicants not fully funded this cycle may reapply in future cycles and that a number of worthy applications received partial awards because of limited available funds.","mediaType","Video","parentTitle","Springfield City Council- Finance Sub-Committee 06/09/25","oneSentenceSummary","The Community Preservation Committee (CPC) presented its FY26 funding recommendations — a fiscal estimate of about $3,000,001 in available CPA revenue and recommended project awards totaling roughly $3.5 million across some 35 projects — which the Finance Committee forwarded to the full City Council with a favorable recommendation.","taxTitle","Springfield City, Hampden County, Massachusetts","taxId",3703,"location","headline","","shortSummary",{"_33":76,"_35":36,"_37":38,"_39":77,"_41":78,"_43":79,"_45":46,"_47":80,"_49":81,"_51":82,"_53":83,"_55":56,"_57":58,"_59":84,"_61":62,"_63":64,"_65":85,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},6206758,"Springfield finance committee forwards $34 million school bond and package of year-end finance orders to City Council",4102,10000,"/Search/View?dp=1&key=3760709-c191aa0f645dbf21f3e5a2a444c58e39&start=10&end=4112","https://assets.pipeline.soar.com/3760709-c191aa0f645dbf21f3e5a2a444c58e39/thumbnail_10000.jpg","/articles/6206758/Springfield-City/Hampden-County/Massachusetts/Springfield-finance-committee-forwards-34-million-school-bond-and-package-of-year-end-finance-orders-to-City-Council","https://secure.pipeline.soar.com/6206758-f3a62237cae5af08a2b9a3a7d7daffa8/orig.mp4?Expires=1771113159&Signature=GoPSH2jBxnRq4v4fY6~Gl6mTK1vYosBENl1bOjCISFXF0tntGxRNPZV65ZoR4DG-T5WoB6~dN~WEvV8B1TcdncxambBqHncxn9EEWDiG1ASfIWqpxmKZszoj-aFzxHyRR5k9nhVpEAi7x8t40~0BrHup7YqakHxxVBRg3KodOdQ5jvPn3p-iFBfVwZ1wLyX~esxy9mbCSffXe8ENgSmJjsnt~fJBomH81ImBWQ5Cb3dTd8ZmPie~WAt3rqksjyyPmrhg-DwddDim875d0~yTgJJxt9laVyP4~8NgS1a9vXrMfqBHZ63sgDGbTUN447fv-ZfIn7mV2EkK34nfchZUVQ__&Key-Pair-Id=KUT5TJCACFTXG","Tim Allen, chair of the Springfield City Finance Committee, opened the meeting by noting committee membership and the agenda and the panel then moved through a slate of year-end finance actions before voting to forward the full package to the full City Council.

The committee recommended a $34,000,000 bond authorization to finance five school projects, repurposed leftover bond proceeds for several closed projects, and approved year-end transfers that include a $2,480,718.91 move into the city's stabilization reserve. The committee also asked to move $2,900,000 from annual PAYGO accounts into a multi-year PAYGO fund so ongoing small capital projects can continue without new borrowing.

The school bond covers five projects tied to the Massachusetts School Building Authority (MSBA) pipeline, including window and door work and roof projects at multiple schools listed by staff as Pottinger, Milton Bradley, Rebecca Johnson, the roof of Commerce (as described by staff), and an Indian Orchard roof project. Peter Garvey, director of Capital Asset Construction, explained the process for project cost estimates and bids, saying, \"The bids are the real numbers. So we manage towards the bids.\" Committee members and staff noted MSBA reimbursement typically returns about 78–80 percent of eligible costs for these city projects.

Staff described repurposing of unused bond proceeds left after project closeouts: $715,000 from school window and door projects (Kylie, Zanetti, Kensington, Mary Lynch), about $1,600,000 from boiler and mechanical work (Frederick Harris, Sumner Avenue, Indian Orchard boiler replacements), and roughly $778,000 from the DeBerry construction and MCDI demolition closeouts. Those amounts will be applied to newer projects (for example, Franconia and Veterans golf course projects) so the city does not have to issue additional debt.

On operating and capital cash flow items, staff reported the city certified $21,000,000 in free cash last November and that the remaining free cash balance of $2,480,718.91 was being transferred into the Stabilization Reserve Fund, raising the stabilization total from about $71.7 million to roughly $74.2 million. The PAYGO move of $2.9 million reflects ongoing small capital projects that staff want kept in multi-year accounts to allow for completion and potential change orders without new appropriations.

Committee members also discussed the city's overall debt service obligations; staff indicated annual debt service payments are about $20,000,000 currently and that the city continues to monitor debt levels before issuing new long-term debt.

The Finance Committee voted to forward all finance orders on the meeting agenda to the full City Council with a favorable recommendation. Councilors Tim Allen, Gatori Walsh and Jose Delgado voted in the affirmative.

The measures will be transmitted to the full Springfield City Council for consideration.","The Springfield Finance Committee voted unanimously to forward a package of year-end finance orders — including a $34 million bond authorization for school projects, a $2.48 million transfer into the city's stabilization reserve, and transfers to multi-year PAYGO accounts — to the full City Council with a favorable recommendation.","actionData","errors"]

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Springfield Community Preservation Committee recommends roughly $3.5 million for parks, historic preservation and affordable housing projects

Springfield finance committee forwards $34 million school bond and package of year-end finance orders to City Council