Around Town
Community Preservation Committee Looks to Get Process Rolling
|
The committee chosen to oversee the money raised by the Community Preservation Act in Watertown will be hiring a consultant and a part-time coordinator to educate the public and help figure out how the money will be distributed. Watertown voters approved the CPA in November 2016, and the property tax surcharge brings in about $2 million a year, plus the state will chip in matching funds (19 percent in Fiscal Year 2019). The money can be used on a variety projects, but they must relate to at least one of three areas: affordable housing, open space/recreation or historic preservation. At least 10 percent of the funds must be spent on, or saved in a fund for, each of the three areas. Elodia Thomas, chair of the Community Preservation Committee, said that she hopes that residents will become excited about the possibilities for the Community Preservation Act funds.