Capital Committee Discusses Town Capital Needs for Fiscal Year 2026
At its meeting on Tuesday, November 12, the Boxborough Capital Budget Committee (CapCom) reviewed their preliminary capital plan for Fiscal Year 2026. The CapCom “exists to establish, track and recommend the Town's long-term capital needs for items over $10,000 and a useful life of more than 5 years.”
CapCom members discussed the known and potential capital expenditures for FY2026. Town Administrator and CapCom Chair Mike Johns indicated that FY2026 is going to be “a difficult year,” given the challenging school budget as well as the town’s commitment to building a fire station.
The FY2026 capital plan currently includes $1.5 million for property acquisition for the new fire station, should the town vote to purchase either 70-72 Stow Road or 700 Massachusetts Avenue. If the town chooses to build the new fire station on the current fire station site instead, expenses for relocating personnel and equipment during construction will need to be included in the capital plan. Other expenses in the plan include DPW, fire, police, and building inspector vehicles, the Boxborough Museum roof replacement, and the library renovation.
Town department heads, as well as committee and board chairs, must submit their capital budget requests to the town administrator by December 2. CapCom will then review the capital plan with the town departments and committees and update it as needed. The plan will be presented to the Town on Capital Saturday, which is scheduled for February 1, 2025.
This article has been condensed for print. Read the full version at BoxboroughNews.org.
CapCom members discussed the known and potential capital expenditures for FY2026. Town Administrator and CapCom Chair Mike Johns indicated that FY2026 is going to be “a difficult year,” given the challenging school budget as well as the town’s commitment to building a fire station.
The FY2026 capital plan currently includes $1.5 million for property acquisition for the new fire station, should the town vote to purchase either 70-72 Stow Road or 700 Massachusetts Avenue. If the town chooses to build the new fire station on the current fire station site instead, expenses for relocating personnel and equipment during construction will need to be included in the capital plan. Other expenses in the plan include DPW, fire, police, and building inspector vehicles, the Boxborough Museum roof replacement, and the library renovation.
Town department heads, as well as committee and board chairs, must submit their capital budget requests to the town administrator by December 2. CapCom will then review the capital plan with the town departments and committees and update it as needed. The plan will be presented to the Town on Capital Saturday, which is scheduled for February 1, 2025.
This article has been condensed for print. Read the full version at BoxboroughNews.org.