Capital Budget Committee
The Capital Budget Committee consists of seven members which are appointed, six of which are appointed by the Moderator and one designated from the Finance Committee for three-year terms. The Capital Budget Committee reviews and makes recommendations with respect to any proposed expenditure of town funds on capital projects to the Town Meeting, the Finance Committee, and other town boards, departments, offices, and committees.
A capital project is generally considered a physical betterment or item of equipment having a substantial useful life (in excess of 5 years), the total cost of which exceeds $5,000. Capital projects may be the construction, reconstruction, replacement, major repair, extension or other improvement of a public building, highway, sidewalk, storm drain, sewer, installation, vehicle, equipment, bridge, playground, land, park or cemetery or pond, and public works or other facility, structure or utility appurtenant.