1. Proposed Infrastructure & capital projects
Debt Service Projections
Fund Balance Historical & Projected

2. Downtown Project by Component
% of Project
Estimate
SW Fund
A Fund
37.07%
62.93%
Water System (Domestic/Fire)
24.63%
$2,861,883.00
$0.00
Sanitary Sewer System
12.44%
$1,445,542.00
Drainage System
19.41%
$2,255,182.00
Streetscape/Lighting
21.65%
$2,515,180.00
Roadway (Curb to Curb)
21.87%
$2,540,470.00
Total Bid
100.00%
$11,618,257.00
$4,307,425.00
$7,310,832.00
Field Change Payment
10.00%
$1,161,825.70
$430,742.50
$731,083.20
Construction Management
$1,000,000.00
$370,746.23
$629,253.77
WSP
Total Amount of Project
$14,780,082.70
$5,479,659.96
$9,300,422.74

3. Downtown Project – Proposed Funding
SW Fund
A Fund
Total Estimate
$5,479,659.96
$9,300,422.74
Fund Balance
Amount to be Financed
Debt Service Per Year (assuming 20 year loan)
$350,227.50
$594,428.08
Total:
$944,655.58
-$1,000,000.00
$8,300,422.74
$530,513.99
 Total:
$880,741.49

4. Additional Capital Projects – To be Funded by Bond Issuance
Projects Funded by Bond Issuance:
Fund
Annual Debt Service
Reconstruction/Removal Minkel Dam (20 years)
- $850,000 A
$54,326.98
Highway Vehicles (10 years)
- $600,000 D
$67,585.24
Fuel Tank Replacement (20 years)
- $250,000
$15,978.52
Gedney/Town Hall Playground Replacement (10 years)
- $290,000
$32,666.20
IT Upgrade (5 years)
- $663,350
All
$139,964.15
Basketball Court (20 years)
- $200,000
$12,782.82
Alpine Tank (30 years)
- $2,250,000 SW
$108,141.07
Wallace Auditorium Improvements (10 years)
- $150,000
$16,896.31
Estimated Annual Debt Service
- (Not including downtown)
$448,341.28

5. Capital Projects – Removed from Consideration for Bonding
Hawkes Ave - $150,000
- Repairs are being completed over time, included in operating budget.
Old House Ln - $90,000
- Repairs were completed within operating budget. It is no longer necessary to borrow.
Sewer Diversion - $25,000,000
- Changes to the project have elimated local financial liability.
Road Paving - $7,000,000
- Over the last several years we have paved b/w $700,000 and $1,100,000 annually
within the operating budget. It is anticipated that we will continue this trend
which alleviates the need to borrow.
Town-wide Water Meter Replacement - $2,500,000
- Meters are being replaced on an ongoing basis. Mass replacement to be deferred.
Train Station Improvements/Taxi Stand - $180,000
- Projects can be completed using operating funds or fund balance if necessary.

6. Proposed Annual Debt Service
Total Projected Bond Issuance
Project
Total Borrowed
General - A
Highway - D
Water - SW
Refuse - R
From Bond Issuance
Hamlet/Streetscape 20
$13,780,082.00
$8,300,423.00
$0.00
$5,479,659.00
Minkel Dam
$850,000.00
Highway Dept Heavy Equipment 10
$600,000.00
Replace Fuel Tanks
$250,000.00
Gedney Park Playground
$140,000.00
Town Hall Playground
$150,000.00
Basketball Court
$200,000.00
IT Infrastructure 5
$663,350.00
$497,512.50
$33,167.50
$99,502.50
Alpine Tank 30
$2,250,000.00
Wallace Auditorium
$19,033,432.00
$10,287,935.50
$883,167.50
$7,829,161.50
Total Project Annual Debt Service by Fund
Total Annual
-$880,741.44
-$530,514.01
-$350,227.44
-$54,326.98
-$67,585.24
-$15,978.52
-$15,769.89
-$16,896.31
-$12,782.82
-$139,964.15
-$104,973.11
-$6,998.21
-$20,994.62
-$108,141.07
-$1,329,082.73
-$752,159.43
-$90,561.97
-$479,363.12

7. Projected Debt Service

8. Historical Fund Balance by Amount

9. Historical Fund Balance by Percentage

10. Projected Fund Balance by Amount

11. Projected Fund Balance by Percentage