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Caroline Town Board backs state bill to extend municipal broadband bond amortization
Summary
The Caroline Town Board unanimously passed a resolution authorizing Supervisor Mark Witmer to send a letter supporting Assembly Bill A10212, which would allow a 30-year financing period for passive municipal fiber infrastructure; the vote was 5-0.
The Caroline Town Board on March 5 unanimously approved RESOLUTION 75 of 2026 authorizing Supervisor Mark Witmer to send a letter to the New York State Assembly in support of Assembly Bill A10212, which the resolution says would align bond amortization for passive fiber infrastructure with a 30-year useful life. The motion was made by Supervisor Witmer and seconded by Councilmember Kate Kelley-Mackenzie; the minutes record the vote as Aye: Witmer, Murray, Brown, Kelley-Mackenzie, Bates.
Board materials accompanying the resolution state that current Local Finance Law establishes a ten-year period of probable usefulness for broadband infrastructure and that the shorter amortization period creates “untenable fiscal pressure.” The resolution endorses A10212’s distinction between long-lived passive fiber and shorter-lived electronics as a justification for extending financing terms. The resolution text and the vote were entered into the meeting minutes.
