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Finance committee places FY2024–FY2028 capital improvement plan on file; several projects left unfunded
Summary
The Finance Committee reviewed the mayor’s five-year Capital Improvement Plan and placed the FY2024–FY2028 CIP on file by a 4-0 vote. Committee members noted which projects received funding, which did not, and asked for clearer accounting of school and fire-station needs in next year’s plan.
The Marlborough City Finance Committee voted 4-0 on Feb. 3 to accept and place on file the mayor’s five-year Capital Improvement Plan covering fiscal 2024–2028.
Comptroller Williams and Mayor Dumas submitted the plan, which the committee reviewed line by line. Councilors focused on which projects were funded in the current fiscal year and which were deferred. The committee recorded that the city used a $2.7 million free-cash transfer and a roughly $10.7 million bond package to fund portions of the plan; the mayor’s office and departments decided which items to fund in FY2024 rather than bonding for every request.
