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CAPITAL EXPENDITURES COMMITTEE REPORT TO 2011 ATM
<br /> Coming before this Town Meeting is one Recreation Enterprise-funded project (see Article (9)) and two
<br /> projects funded entirely with Wastewater Enterprise funds. (See Article 11) In addition, Water and
<br /> Wastewater Enterprise Funds are sometimes used to buy heavy trucks and equipment. In FY2012, a
<br /> 6-wheel dump truck will be purchased for the Water Division using Water Enterprise Funds. (See
<br /> Article 10(b))
<br /> From a capital standpoint, enterprise-funded projects are evaluated in terms of service and cost. For
<br /> example, the water-enterprise funds have been used, in part, to maintain a nearly quarter-century program
<br /> of relining and replacing aging water mains; the Town benefits from clean, safe, dependable drinking
<br /> water supplies, and from a minimum of disruptive breakages. (There is no project for Water Distribution
<br /> System Improvements in the FY2012 Budget as there is sufficient prior-year funded work to accomplish
<br /> in the next construction cycle.)
<br /> The following tables reflect the 5-year Capital Expenditure budgets for these funds.
<br /> Water Enterprise-Fund Budget
<br /> FY2012 FY2013 FY2014 FY2015 FY2016
<br /> Requested Projected
<br /> Water Distribution Improvements $900,000 $575,000 $575,000 $575,000
<br /> Hydrant Replacement Program $25,000 $25,000 $25,000 $25,000 $25,000
<br /> Equipment Replacement $120,100 $108,500 $85,000
<br /> Automatic Water-Meter Reading System $353,625 $273,000 $274,000
<br /> Totals ` $145,100 $1,278,625 $981,500 $874,000 $685,000
<br /> Wastewater Enterprise-Fund Budget
<br /> FY2012 2013 FY2014 FY2015 FY2016
<br /> Requested Projected
<br /> Wastewater System Improvements $1,200,000 $1,200,000 $1,200,000 $1,200,000 $1,200,000
<br /> Pump Station Upgrades $100,000 $100,000 $100,000 $100,000 $100,000
<br /> Equipment Replacement $108,500 $85,000
<br /> Automatic Water-Meter Reading System $353,625 $273,000 $274,000
<br /> Totals `` $1,300,000 $1,653,625 $1,681,500 $1,574,000 $1,385,000
<br /> Recreation Enterprise-Fund Budget
<br /> FY2012 FY2013 FY2014 FY2015 FY2016
<br /> Requested Projected
<br /> Center Complex Additional Lights $172,927
<br /> Pine Meadows Improvements-Equipment $42,000 $52,000 $45,000
<br /> Pond and Drainage Improvements to Preserve $252,000
<br /> Pine Meadows Golf Courset
<br /> Town Pool Renovations $165,000 $1,120,000
<br /> Park Improvement-Hard-Court Resurfacing $110,000 $75,000 $40,000
<br /> Totals $165,000 $324,927' $252,000 $127,000 $1,205,000
<br /> Note: Does not include recreation-related projects for which other funding(e.g.,CPF or GF)would be requested nor the on-going
<br /> $100,000/year contribution to the Lincoln Fields debt service that will continue until FY2018.
<br /> tCandidate for CPF,but not yet submitted to the CPC.
<br /> Revolving-Fund Projects
<br /> Revolving funds established under the provisions of Massachusetts General Laws Chapter 44,
<br /> Section 53E1/2, must be authorized annually by vote of the Town Meeting. The fund is credited with only
<br /> the departmental receipts received in connection with the programs supported by such revolving fund, and
<br /> expenditures may be made from the revolving fund,without further appropriation, for those programs.
<br /> Revolving funds are usually expended to cover non-capital costs and, therefore, this Committee normally
<br /> doesn't report on their annual authorizations. However, as the Town Manager is planning to expend up to
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