CPC: Annual Budget and Reserves - $1,298,786

ARTICLE 15. To see if the Town will vote to appropriate or reserve from the Community Preservation Fund annual revenues in the amounts recommended by the Community Preservation Committee for committee administrative expenses, debt service, community preservation projects and other expenses in Fiscal Year 2024, with each item to be considered a separate appropriation:

Appropriations:

From FY 2024 estimated annual revenues for Lincoln Hall Renovation Bond expense: $40,775

From FY 2024 estimated annual revenues for Haynes Land Purchase Bond expense: $116,500

From FY 2024 estimated annual revenues for Aaron Wood Renovation Bond expense: $14,151

From FY 2024 estimated annual revenues for Boxford Commons Bond expense: $133,500

From FY 2024 estimated annual revenues for 10 Elm Street Bond expense: $75,000

From FY 2024 estimated annual revenues for Committee Administrative expenses: $66,469

Reserves:

From FY 2024 estimated annual revenues for Community Housing Reserve: $132,939

From FY 2024 estimated annual revenues for Historic Reserve: $3,013

From FY 2024 estimated annual revenues for Open Space Reserve: $16,439

From FY 2024 estimated annual revenues for Budgeted Reserve: $700,000

or take any other action thereon.

Sponsored and supported by the Community Preservation Committee

Select Board recommends adoption of this article

Finance Committee to make recommendation at Town Meeting