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Shelburnes eight-year CIP climbs to about $70M; fire/rescue and historic preservation prioritized

Shelburne Finance Committee · July 2, 2026
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Summary

The committee reviewed an updated eight-year Capital Improvement Plan that rose from about $60M to near $70M, highlighted an estimated $15M for a new 17,000 sq. ft. fire/rescue station (rescue-only $3.5 $5M) and $10M $20M in preliminary estimates for preservation of Pearson Library, Town Hall, and Town Offices.

Aaron DeNamur presented an updated Capital Improvement Plan that the committee said has grown from roughly $60 million to closer to $70 million over an eight-year horizon, driven by higher inflation expectations and additional community improvements. Projects called out included Webster Road and Bay Road bike/ped improvements, Village Center upgrades to support downtown designation and grant access, and major preservation work on several historic town buildings.

DeNamur estimated a new combined fire/rescue station would cost about $15 million for a 17,000-square-foot facility; a rescue-only station was estimated in the $3.5 $5 million range, and repair/refurbishment of the existing rescue station (roughly 3,000 sq. ft.) was noted as a critical need. Preliminary estimates for preservation of Pearson Library, Town Hall, and Town Offices were given in a $10 million to $20 million range. The committee recommended exploring additional impact fees, service fees and other revenue sources to help offset CIP costs.