Government
City Manager Outlines Schedule for Renovating Watertown Parks, Other Capital Projects
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City of WatertownAn aerial view of Victory Field. Multiple projects at the complex are on the City’s five year capital improvement plan. Watertown’s five-year Capital Improvement Plan (CIP) includes preparing the former Parker School to house City departments, upgrades to the skating arena, park and recreation projects, and making municipal facilities more energy efficient and less reliant on fossil fuels. The proposed Watertown Capital Improvement Plan for Fiscal Years 2024-28 includes $245.74 million in projects and equipment purchases, of which $161.39 million would be funded with general obligation bonds. City Manager George Proakis told the City Council on Tuesday that the numbers could change depending on the rising cost of construction, inflation, and how much tax revenue from new developments (known as new growth) occurs in Watertown.





