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Committee flags $20 million Rockland Ave well project for spring deliberation
Summary
The budget subcommittee discussed funding options for roughly $20 million to build the next phase of the Rockland Avenue well; members said the Select Board expects to delay formal action until spring and debated tax vs. enterprise funding or a hybrid approach.
The budget subcommittee reported an estimate of "roughly $20,000,000 for the next phase of the Rockland Ave well," and the Finance Committee discussed financing options and timing. Linda said the Select Board's consensus was to postpone action until spring and asked whether the cost should be placed on taxpayers through general property tax, allocated through the water enterprise fund, or split in a hybrid model.
Committee members discussed tradeoffs: using the enterprise fund would place the burden on water ratepayers and the enterprise fund's capacity could be strained, while general tax financing would spread costs across the tax base. The committee requested further analysis and recommended coordination with the Select Board on the financing structure and public outreach ahead of any vote.
