Capital Improvement Plan

Watertown’s Capital Plan Includes School, Park and Street Repair Projects

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Watertown’s plan for major projects and purchases includes funding for the school building projects, improvements to parks, upgrades of fire stations and street and sidewalk repairs. The proposed Fiscal Year 2021-25 Capital Improvement Plan was released this week, and discussions of the projects begin this coming week. One of the largest expenditures on the five-year spending plan is $295 million on the rebuilding and renovation of Watertown’s three elementary schools and Watertown High School. Numerous parks have improvement projects in the plan. The most significant is the $3 million renovation of the Victory Field Track and Courts.

Government

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

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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.

Government

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

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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.

Capital Improvement Plan

Town Capital Plan Calls for Park Improvements, School Renovations and Many Vehicles

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Town officials have a list of major projects and purchases for the next five years, including funds for improvement to parks, to purchase more than a dozen vehicles, and plans for school renovations but no funding sources for the school projects, yet. The proposed Capital Improvement Plan (CIP) for Fiscal Years 2018-22 includes $368.3 million, with $20 million planned for FY 2018 (the fiscal year that runs from July 1, 2017 to June 30, 2018). In addition, $24 million has been proposed in projects from the Water and Sewer Enterprise Funds. See the entire CIP proposal here. The CIP includes $204 million for renovation and/or reconstruction of schools.

Capital Improvement Plan

Town Council Approves Nearly $10 Million in Building Projects, Equipment

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Watertown will spend nearly $10 million on projects to improve parks, streets, schools and vehicles in the Capital Improvement Plan approved by the Town Council last week. The council approved $9.9 million in capital projects and purchases for Fiscal year 2017 (which begins July 1, 2016) which will be paid for using a variety of sources including $4.7 million in borrowing. The capital improvement plan will make up about 7.9 percent of the total town budget, which fits within the Town Council’s goal of spending 7.5 to 8 percent each year on capital projects. Before the recommendations came to the Council on March 22, the Budget and Fiscal Oversight subcommittee met four times for about nine hours to go over the proposals, said Councilor Vincent Piccirilli, chair of that subcommittee. The approved projects include 33 recommendations (see the full report here).

Capital Improvement Plan

Capital Improvement Plan has Projects for Schools, Streets and More

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The Town of Watertown’s major building projects and equipment purchases for the next five years were laid out in the Capital Improvement Plan, released this week by Town Manager Michael Driscoll. The Fiscal 2017-21 CIP includes nearly $140 million, which is nearly $2 million more than the Fiscal 2016-20 CIP, Driscoll said at Tuesday’s Town Council meeting. The FY17-21 plan would required more than $40 million in bonding. The Council will discuss the CIP at its next meeting on Feb. 9.

Around Town

Council Approves Town Building Renovations, Vehicle Purchases

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Watertown’s capital improvement plans will focus on repairs to the some schools, library, two fire stations and Town Hall, as well as purchasing new vehicles. Tuesday night, the Council approved the Fiscal 2016-20 Capital Improvement Plan Tuesday night. See the entire list of recommendations adopted by the council by clicking here. The Council is working on the Fiscal 2016 budget, which begins on July 1, 2015. But it also includes recommendations from Fiscal 2013, 2014 and 2015.

Government

See if Your Road be Repaired This Summer

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(NOTE: The list of roads to be repaired in the summer of 2014 has been changed. See the new list by clicking here.)

The Town Council has plans to repair a number of roads over the summer, see if your street made the list. The Fiscal 2015 budget, which will be approved on June 10, includes a capital improvement plan that calls for the repair of 12 streets, and money for smaller repairs around town. The streets due to be repaired are:

Fifield Street from Irving Street to Perkins School
Avon Road from the Belmont line to the dead end
Alden Road from the Belmont line to the dead end
Salisbury Road from Maplewood Street to Edgecliffe Road
Priest Road from Charles River Road to Riverside Street
Loomis Avenue from Orchard Street to Downey Street
Duff Street from Madison Avenue to Belmont Street
Barnard Avenue from Columbia Street to Bellevue Road
Lincoln Street from Mount Auburn Street to Spruce Street and the section extending to Walnut Street
Dexter Avenue from Willow Park to Mount Auburn Street
Katherine Road from Common Street to Church Street
Cushman Street from Oak Place to Fayette Street

Work on Salisbury, Loomis, Duff and Barnard from Columbia Street to Orchard Street will be repaired using the mill and overlay method, which scrapes down the top layer or layers of asphalt and then lays down a new layer. The other work will involve full reclamation of the road – in which the roadway is totally replaced.