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Committee reviews CPA borrowing scenarios, learns state match projection at 15.9%
2723050 · March 21, 2025
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Summary
Members reviewed bonding scenarios that would borrow against future CPA revenue and discussed repayment terms; staff reported the state Department of Revenue projects a 15.9% state match for the November 2025 CPA distribution.
The Town of Lakeville Community Preservation Committee reviewed hypothetical borrowing scenarios that would use future CPA revenue to finance large acquisitions and heard an update on the state matching rate.
Staff presented modeled scenarios illustrating $10 million to $15 million borrowing plans and their…
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