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The committee committed approximately $3.97 million to current projects, including $715,000 for phased Old Mill preservation work. It also approved $2.7 million in undesignated reserves as available financial capacity and deferred any bonding decision until the finance director provides detailed analysis.
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Most projects received funding, including $400,000 for affordable housing, $359,503.79 for Little League fields, and $346,755 for NISDA, subject to public-access and preservation conditions. The Old Mill will continue in phases rather than being financed through a bond for now; the project’s full completion is estimated to take two to three years. Funding for Safe Harbor for Animals was deferred until the following year, and the committee will monitor whether approved projects begin within the required two-year period.
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