Capital Planning Committee

Meetings

The Capital Planning Committee meets regularly from October through February.

Agendas & Minutes

Agendas are available prior to meetings. Minutes are available following approval.

View Most Recent Agendas and Minutes

Members

The Select Board appoints 6 members for 3-year staggered terms. Current members of the committee are:

• Stephen Metz (Chair), exp. 2026
• Dustin McConnell, exp. 2026
• Ira Smolowitz, exp. 2024
• Alexander Aiken, exp. 2024
• Vacant Term Expiring 2025
• Vacant Term Expiring 2025

The Capital Planning Committee meets regularly from October through February preparing recommendations to the Select Board prior to the Spring Annual Town Meeting. The Select Board may accept this committee’s recommendations or modify them in any manner they see fit.

Function & Purpose

• Solicit and review capital requests from all town departments; capital is defined as:
  • Major repairs exceeding $10,000 with a useful life of 10 years or more
  • Purchases of major equipment exceeding $10,000 with a useful life of 5 years or more
• Submit to the Select Board a recommendation of capital items to be funded from the Capital Stabilization Fund
• Review prior year capital appropriations to assure expenditures met appropriated purpose
• Develop a long-range capital plan for replacement of town capital assets

Funding

Funds for capital appropriations come from the Capital Stabilization Fund, which is annually funded at 2% of the general fund revenues from property taxes, state aid and local receipts.