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The committee approved Article 14’s $2,548,400 borrowing authorization for 15 capital projects, which could require about $250,000 in annual debt payments. It also approved $500,000 from the General Fund and $420,339 from Free Cash for FY27 capital projects.
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The approvals support placing these capital funding requests in the town warrant, but the minutes do not indicate that the borrowing has received final town approval. The borrowing could add roughly $250,000 in yearly debt payments, although the repayment terms have not yet been determined. The committee also noted that funding for BHS tennis court work covers preliminary engineering, not full court replacement.
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