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Canaan Board emphasizes capital plan, asks boards to submit requests by Feb. 26
Summary
The Board of Finance reiterated the need for a dynamic five-year capital plan and asked boards and commissions to submit capital requests by Feb. 26; long-lead items such as fire apparatus should be identified early.
The Board of Finance used the special meeting to underline the importance of the town's capital plan as a five-year, evolving document and asked boards and commissions to submit capital requests by Feb. 26. Members emphasized the need to identify major future expenses—particularly long-lead items such as fire apparatus replacement—even when replacement dates are years away.
Board members discussed that the capital plan will help the town manage long-term needs and prioritize projects. The board reiterated that the plan is intended to be dynamic and updated as cost estimates and project timing change; submissions from departments will feed into the draft plan ahead of budget hearings.
