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Select board proposal to raise capital threshold to $500,000 draws CIAC questions
Summary
Committee members discussed a proposed capital-planning bylaw amendment that would raise the CIAC threshold from multiple-year $100,000 to a flat $500,000 project threshold; members asked for administration rationale and whether the threshold applies to single- or multi-year projects.
The committee discussed a proposed amendment to the town’s capital-planning bylaw that would change the dollar threshold used to define capital projects. The draft amendment would increase the threshold from the committee’s current one-year/multi-year $100,000 threshold to a flat $500,000 total-project threshold.
Members asked…
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