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Community Preservation Committee outlines roughly $1.2 million available for FY26; bonds and reserves reduce spendable total
Summary
Committee staff presented a fiscal overview showing roughly $1.2 million for committee awards this year after bond and reserve set‑asides; members were reminded to include deed‑restriction filing fees and to budget conservatively.
Fall River’s Community Preservation Committee heard a funding briefing Tuesday that put the committee’s working figure for FY26 awards at about $1.2 million.
Sandy Dennis, administrative staff for the CPC, told members the committee should base voting on roughly $1,200,000 available for discretionary awards after required deductions and bond obligations. Dennis said two outstanding bonds — for a land acquisition and a combined Fall River Central Fire Station/Fire Museum project — total $302,250 and that…
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