Capital Planning Committee approves $3.5M in capital funding
Capital Improvement Planning Committee · Meeting of May 4, 2026
BELCHERTOWN — Capital Planning Committee approves $3.5M in FY27 capital projects through a mix of direct funding and debt authorization. The committee unanimously approved $920,339 in direct funding across two articles: $500,000 from the General Fund and $420,339 from Free Cash covering fifteen items including BHS Tennis Court preliminary engineering. Additionally, the committee authorized $2,548,400 in borrowing for fifteen capital projects, which would generate approximately $250,000 in annual debt payments once approved by town voters.
The specific terms of the bonds (short-term, ten-year, or twenty-year) have not yet been determined.
In the full story:
- The complete report — 245 words
Source: the Capital Improvement Planning Committee meeting of May 4, 2026, reported from the official video recording and transcript.
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