From the Desk of the First Selectman,
September is here and the glory of fall is beginning. I expect to see leaves gather around our feet as we crunch our way into a new season!
The Town passed the budget which moves us along to the next step of the process. The next piece is maintaining the Town’s assets. We have in Capital Assets a net increase of $2.2 million in FY 2018 from FY 2017 bringing our Capital Assets to $33.3 million. Our Capital assets have been increasing each year as we invest in the Town. According to the audit in FY 2008 our Capital Assets were $12.1 million thus we have increased the value of our Town assets by $21.2
million over the last ten years.
The proposal for this year is to fix two F-rated Town roads, to pay for some emergency road repairs, to provide emergency equipment for the fire department and repair the roof on the school as well as fix the alarm system, the elevator and warping doors. These are not new additions to our capital assets but maintaining and repairing our Capital assets and best of all there will be grants from the federal and state government to offset some of these costs. There will be a Town Meeting to approve these projects, stay tuned!
As we move these projects forward, I am hoping that those whose roads have been done will continue to support the completion of our roadway management program by continuing with the plan proposed ten years ago. Let’s support our neighbors!
The Town (and thanks so much) gave generously to provide students with school supplies. Public works spruced up the parking lot and put together the GAGA pit in the school play area. Let’s make this a productive year for the young folks in Town!
A continuing positive piece of news is that we have the documents to sell/lease two pieces of the old papermill property for approximately $360,000 to two interested parties. These pieces include approximately 56 acres leaving us with more than 350 acres available to market. This sale/lease will bring in approximately 125 jobs, tax revenue and incorporate $360,000 in additional unanticipated revenue for FY 19/20. This will also require a Town Meeting. I hope to see you there!
Here is more good news with a little snippet of only the facts! The Town has 3 long term bonds dating back to 2006 resulting in a total of $8,700,000. We have paid off $4,770,000. Of the remaining dollars Water & Sewer is paying off $675,000. We will see a drop off in the payments each year for the next five years with two bonds completely paid off. And we still keep our Town moving forward!
As always thanks for your support.
First Selectman since 2007
The Administrative Office of The First Selectman has direct responsibility for oversight and management of the following functions:
Also has indirect oversight of Health and Emergency Medical Services.
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