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Select Board backs capital-improvement policy draft that sets a target of ~5% of non-utility revenue
Town of Norwood Select Board · November 3, 2025
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Summary
The Select Board approved the Oct. 20, 2025, draft of a capital-improvement planning policy and directed the manager to seek concurrence from the Finance Commission and School Committee.
Select Board members on Oct. 28 approved the most recent draft of a capital-improvement planning (CIP) policy (dated Oct. 20, 2025) and authorized the town administrator to confer with the Finance Commission and the School Committee as required by the town's financial policy. The draft retains much of the earlier language but adds a recommended…
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