Replacing Watertown Senior Center Included in City’s 5-Year Capital Plan

Courtesy of the City of WatertownThe City’s Capital Improvement Plan includes replacing the Watertown Senior Center. Building a new Senior Center made the list of projects planned to be undertaken by the City of Watertown over the next five years, Watertown City Manager George Proakis at Tuesday night’s City Council meeting. Proakis presented the Fiscal Year 2025-29 Capital Improvement Plan, which includes $210 million of projects with $93 million of general obligation bonds to cover part of the cost. Senior Center

The City explored replacing the Senior Center in 2022 as part of a review of the Phillips Building site. That study by Ai3 Architects, done during the planning for the new Watertown High School, looked at tearing down the former Phillips School, but Proakis said that would be too disruptive for the Watertown Public Schools administration, as well as Watertown Cable that now resides in the basement.

City’s 5-Year Capital Plan Includes Park Projects, School Improvements, and Demolishing the Old Police Station

The five-year Capital Improvement Plan includes 43 items, including 19 new items for Fiscal Year 2024. Projects in the pan include the new Watertown High School, the Victory Field track and courts area, the second part of the Arsenal Park renovation, and the demolition of the old Police Station. In addition, the capital plan also includes a field house at Victory Field, an extension of the Community Path, replacement of the spray pad at Filippello Park, lighting improvements at Saltonstall Park, improvements to the baseball field at Casey Park, and improvements to Sullivan Playground. There are also multiple projects at Watertown’s schools, improvement projects at the Library, the newly acquired Parker School office building, and at the John A. Ryan Skating Arena. Purchases of vehicles and equipment for the Fire Department and the Department of Public Works also made the list.

City Manager Outlines Schedule for Renovating Watertown Parks, Other Capital Projects

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.

Watertown’s Capital Budget Includes School Projects, Park Improvements & Mt. Auburn St. Funds

Watertown Town Hall

Town Council approved $22.2 million in projects and equipment purchases as part of the Fiscal Year 2022 capital spending plan, including funds for the elementary and high school building projects, improvements to Town parks and the Mt. Auburn Street reconstruction. The plan has 33 items on it. The Town Council’s budget policy is to spend between 7.5 and 8 percent of the total Town budget on capital spending. Council Vice President Vincent Piccirilli, who is chair of the Budget & Fiscal Oversight Committee, said the figure would represent 14.02 percent of the projected Town expenditures, or 7.11 percent without the $10.9 million earmarked for the school building projects.

Town’s Capital Budget Includes Nearly $300 Million for School Construction

Watertown’s five-year capital improvement plan calls for $467.8 million in projects and equipment purchases, and the Town maintained the top bond rating — which recently paid off with several million in savings. More than half the funds in the Fiscal Year 2022-26 Capital Improvement Plan (CIP) will go toward the reconstruction of Watertown’s schools, said Town Manager Michael Driscoll when he presented the CIP to the Town Council on Tuesday night. The CIP went down $56.35 million from the FY 21-25 plan. The reconstruction and renovation of Watertown’s three elementary schools will cost $89.5 million, and $200 million has been budgeted for the reconstruction of Watertown High School and related costs. The CIP calls for borrowing $157.18 million for street and sidewalk repair projects.

School Projects, Parks Big Part of Watertown’s 5-Year Capital Improvement Plan

Reconstructing Watertown’s public schools and renovating some of the parks in town made up a significant part of the conceptual recommendations for the Fiscal Year 2020-24 Capital Improvement Plan, which were approved by the Town Council on Tuesday. The Capital Improvement Plan covers five years, and includes more than $503 million in possible spending on construction, building repairs, vehicles, and equipment. The amount budgeted for Fiscal Year 2020 (which starts July 1, 2019) is $11,196,937 or about 7.6 percent of the total Town Budget. On Tuesday, the Council gave approval to a list of 29 conceptual recommendations on the FY20-24 Capital Improvement Plan. Much of the work will be paid for by money borrowed by the Town, but some will be paid through the money collected through property taxes, grants and other ways.

Schools, Streets Make Up Big Part of Watertown’s 5 Year Capital Plan

The town would spend nearly $450 million on building projects and equipment under the recommended five-year Capital Improvement Plan. The plan is nearly $80 million higher than the five-year plan for 2018-22, due in part to upcoming school building projects.Town Manager Michael Driscoll presented the conceptual Capital Improvement Plan (CIP) for Fiscal Years 2019-23 Tuesday night. The plan will be considered by the Council’s Budget & Fiscal Oversight Committee as it considers the budget for Fiscal Year 2019, which begins June 30, 2018. The Building for the Future school renovation or rebuilding projects makes up a large portion of the plan. The plan has $283.7 million set aside in total, with $125.1 million for the three elementary schools and $158.6 million for the high school project.