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Select Board forwards $80.6M FY25 capital plan to finance committee, flags $60M borrowing item
Summary
Town Manager presented the FY25 capital improvement plan, proposing roughly $80.6 million in projects and $15.7 million of free cash usage; the board voted to forward the plan to the finance committee for detailed review and noted a large borrowing item (Northeast Maravista T‑ticket path/sewer extension) could require town meeting borrowing in April.
Town Manager Mr. Renshaw presented the proposed FY25 capital improvement plan Aug. 26 and asked the Select Board to forward the proposal to the Finance Committee for detailed review.
The document the town manager described lists approximately $80.6 million in proposed capital funding across categories: public works (water main replacements and road maintenance), public safety (fire apparatus), infrastructure projects (a large sewer extension associated with…
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