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Capital Budget
As will be done every year, the Town Administrator has asked that Town Departments prepare separate requests for capital items. Under the current law providing for the West Boylston Capital Investment Fund, the Town Administrator has established the following draft West Boylston Capital Budget Process timeline to develop the capital budget every year:
- Pre-July: Proposed capital budget forms are reviewed and approved by Capital Investment Board (CIB) and are sent to all Town Boards and Departments
- September 1st: Final Capital Budget requests are due to be sent to the CIB
- September/October: CIB to hold meetings with departments on Capital Budget requests and to approve the list of articles to be supported at the Town Meeting
- October: Capital items voted on at Fall Town Meeting
- November: CIB to modify the Capital Projects List according to actions taken at Fall Town Meeting
I shall also point out that this above schedule is ‘draft’ as the Capital Investment Board has not yet formally adopted this schedule.
There have been numerous capital purchases over the past few fiscal years that have come from various sources. One area of note, the current balance of funds in the Capital Fund is $321,329. Beginning this year, I am including an appendix for the Capital Items needs by the Town. The draft plan is included at the end of this document.
Capital Purchases History
Date |
Article |
Purpose |
Amount |
Source |
5/17/2004 |
30 |
School Roof & Related Repairs Study |
70,000.00 |
Capital Investment Fund |
|
39 |
FY 2005 Operating Budget |
|
|
|
|
Computer Operations |
7,030.00 |
Taxes |
|
|
Police |
19,500.00 |
Taxes |
5/16/2005 |
22 |
School Roofs |
2,000,000.00 |
Debt |
|
23 |
Gym Floor |
112,000.00 |
Debt |
|
28 |
Replace Fire Truck |
421,000.00 |
Debt |
|
31 |
Capital Items |
|
|
|
|
Dump Truck Plows (2) |
25,600.00 |
Capital Investment Fund |
|
|
Computer Equipment |
9,350.00 |
Capital Investment Fund |
|
|
Lease Police Crusers (3) |
31,501.00 |
Capital Investment Fund |
|
|
Shared Pick Up Truck (1/2) |
13,000.00 |
Capital Investment Fund |
10/16/06 |
5 |
DPW Vehicle |
43,000 |
Capital Investment Fund |
10/15/07 |
11 |
School – Fuel Tank Monitoring |
26,700 |
Capital Investment Fund |
|
12 |
New Ambulance |
165,000 |
Ambulance Receipts Reserved |
5/19/08 |
26 |
School – window replacement |
85,000 |
Capital Investment Fund |
|
26 |
Fire Department Vehicle 2 |
35,000 |
Capital Investment Fund |
10-28-10 5-17-10 |
4(c) 32 |
Goodale Park Improvement Project |
643,000 |
Community Preservation Fund |
5-17-10 |
34 |
Police Cruiser |
33,000 |
Capital Investment Fund |
|
34 |
M/H School Hot Water Boiler |
29,000 |
Capital Investment Fund |
10-18-10 |
15 |
Goodale Park Lights |
70,000 |
Taxes |
|
16 |
Police Cruiser |
33,000 |
Taxes |
| |
