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Needham finance committee will use PSR cost figure for town tax projections; May schematic to refine estimates
Summary
Finance committee agreed to base initial taxpayer-impact projections on the PSR number submitted by the design team, with schematic design and a May cost estimate to provide the next formal update and the mid‑June MSBA submission to establish reimbursable caps.
The Needham Finance Committee on Dec. 3 agreed to use the cost figure that the design team submits in the Project Service Report (PSR) as the basis for the committee’s tax‑impact projections and budget analysis. Speaker 2 said the committee needs a fixed number to begin modeling tax effects, and committee members set a schedule to revisit the estimates once schematic design yields a single plan.
Speaker 1 told the…
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