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Council Approves $39.31 In Capital Budget Spending

August 29, 2012 by Josh Morgan

The Cheshire Town Council approved nearly $40 million in funding for new projects through the Capital Budget Tuesday night.
A total of 19 projects are slated to be started within the next 12 months. These projects are comprised of town infrastructure improvements, school technology upgrades, and, the largest ticket item, a $32.15 million upgrade to the Wastewater Treatment Plant. The total funding of $39.31 million could be reduced by grants and other funding sources, so the entire burden of the Capital Budget will most likely not fall solely on the shoulders of Cheshire taxpayers.
“I think this is a good Capital Budget — a prudent Capital Budget,” said Budget Committee member and Town Councilor Tom Ruocco. “It’s a very well thought out plan.”
When proposed, the Capital Budget had a potential to send seven items to referendum this fall. In an effort to limit what voters will see on the ballot, the Council reduced the large-scale projects to just three. The $32.15 treatment plant upgrade will be on the ballot in November for the second time in as many years. Joining that project is $1.5 million for road repairs and $750,000 for a technology reserve fund.
“We tried to limit the referendums to the things we really need to have,” explained Budget Committee Chairman and Town Councilor David Schrumm. “We need to get these done.”
To read more about the projects approved in the first year of the Capital Budget and what other members of the Town Council had to say about the plan, see the Aug. 30 edition of The Cheshire Herald.

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