The Select Board appoints 6 members for 3-year staggered terms, elected by its members. Current members of the committee are:
Stephen Metz (Chair)
About the Committee
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
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.