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.