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Committee schedules targeted maturity analyses for Hamill Rink, GHS Pool and Riverside School
Summary
The committee set July 15 follow-up work: historical CTL analysis, review of total debt under maturity scenarios, and targeted analysis of maturity extensions for Hamill Rink, Greenwich High School Pool and Riverside School projects.
Chair Elliot Alchek summarized next steps for the Committee's July 15 meeting, focusing staff work on targeted analyses for specific projects and historical context.
Staff were asked to produce a historical analysis of the capital tax levy as a percentage of the total budget, a review of total debt outstanding under varying maturity scenarios, and targeted maturity-extension analyses for the Hamill Rink, Greenwich High School Pool, and Riverside School capital projects. The next meeting was scheduled for July 15 at 10:00 A.M. in the Cone Room.
Committee members emphasized the need to understand how proposed maturity changes would affect guideline compliance, total borrowing and taxpayer impacts before any policy changes are recommended to the full Board.
