{ "generated": "pipeline v3 on 2026-08-03", "spec": "data/cip/MODEL-SPEC.md (signed off 2026-08-01)", "solves": { "min_flat": 486000, "net_zero": 500000, "p3": 500000, "p4": 565000, "ramp_step": 130000, "ramp_drop": 2032, "ramp_peak": 690000 }, "basis": "market-adjusted (lead); as-published summaries included", "town": { "grand_list_cent": 24001.3, "fy27_anchor": 268022, "cla_pct": 65.33, "start_reserve": 341657, "earn_base_pct": 0.7000000000000001, "earn_reform_pct": 3.5000000000000004, "apparatus_esc_pct": 7.000000000000001, "vmbb_rate_pct": 4.0, "start_net_fy2028": -105243 }, "seesaw": [ { "level": 450000, "true_cost": 7688390, "interest_paid": 1123623, "borrowed": 5130892, "end_net": -919044, "insolvent": true }, { "level": 475000, "true_cost": 7612843, "interest_paid": 1067888, "borrowed": 4733200, "end_net": -487823, "insolvent": true }, { "level": 500000, "true_cost": 7447833, "interest_paid": 947385, "borrowed": 3842318, "end_net": 11524, "insolvent": false }, { "level": 525000, "true_cost": 7308003, "interest_paid": 839031, "borrowed": 3306382, "end_net": 498192, "insolvent": false }, { "level": 550000, "true_cost": 7180372, "interest_paid": 728019, "borrowed": 2569771, "end_net": 990385, "insolvent": false }, { "level": 575000, "true_cost": 7072864, "interest_paid": 627255, "borrowed": 2159561, "end_net": 1472893, "insolvent": false }, { "level": 600000, "true_cost": 7028416, "interest_paid": 598871, "borrowed": 2014457, "end_net": 1892341, "insolvent": false }, { "level": 625000, "true_cost": 6983860, "interest_paid": 570482, "borrowed": 1869354, "end_net": 2311897, "insolvent": false }, { "level": 650000, "true_cost": 6937938, "interest_paid": 540387, "borrowed": 1726600, "end_net": 2732819, "insolvent": false }, { "level": 675000, "true_cost": 6890524, "interest_paid": 508678, "borrowed": 1580367, "end_net": 3155233, "insolvent": false }, { "level": 700000, "true_cost": 6845675, "interest_paid": 479228, "borrowed": 1466707, "end_net": 3575082, "insolvent": false } ], "flood_overlay": { "2028": 465528, "2029": 465528, "2030": 465528, "2031": 465528, "2032": 288260 }, "entering_debt": [ { "name": "Fire station bond", "rate_pct": 4.19, "structure": "level principal $40,000", "balance": 120000, "final_fy": 2030, "paid_from": "tax levy (no fund purpose covers it)" }, { "name": "Grader note", "rate_pct": 2.45, "structure": "level principal $20,400", "balance": 183600, "final_fy": 2036, "paid_from": "Asset & Equipment fund in single-line plans" }, { "name": "Excavator note", "rate_pct": 5.97, "structure": "level principal $18,200 + FY2035 residual", "balance": 143300, "final_fy": 2035, "paid_from": "Asset & Equipment fund in single-line plans" } ], "funds_start": { "Bridge": 50988, "Town Garage": 35652, "Town Hall Building": 93729, "Court Resurfacing": 18466, "Asset & Equipment": 100463, "Paving": 42359 }, "orders": [ { "item": "Engine 6", "order_fy": 2027, "delivery_fy": 2030, "sheet_price": 500000.0, "locked_price": 655398, 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30000, "apparatus": false, "order_fy": null, "grant": 0 }, { "fy": 2040, "item": "Kobelco excavator", "category": "Public Works Vehicles", "price_market": 170000, "sheet_price": 170000, "apparatus": false, "order_fy": null, "grant": 0 }, { "fy": 2040, "item": "Komatsu loader", "category": "Public Works Vehicles", "price_market": 148750, "sheet_price": 148750, "apparatus": false, "order_fy": null, "grant": 0 }, { "fy": 2040, "item": "Routine paving", "category": "Paving", "price_market": 30000, "sheet_price": 30000, "apparatus": false, "order_fy": null, "grant": 0 }, { "fy": 2040, "item": "HVAC", "category": "Fire Station", "price_market": 15000, "sheet_price": 15000, "apparatus": false, "order_fy": null, "grant": 0 }, { "fy": 2041, "item": "Routine paving", "category": "Paving", "price_market": 30000, "sheet_price": 30000, "apparatus": false, "order_fy": null, "grant": 0 }, { "fy": 2042, "item": "International 10-wheeler dump", "category": "Public Works Vehicles", "price_market": 246500, "sheet_price": 246500, "apparatus": false, "order_fy": null, "grant": 0 }, { "fy": 2042, "item": "Routine paving", "category": "Paving", "price_market": 30000, "sheet_price": 30000, "apparatus": false, "order_fy": null, "grant": 0 }, { "fy": 2042, "item": "Roof", "category": "Town Hall", "price_market": 25000, "sheet_price": 25000, "apparatus": false, "order_fy": null, "grant": 0 } ], "scenarios": [ { "label": "Base case (market prices, 0.7% earnings, grants)", "plans": { "P0": { "true_cost": 7637750, "interest_paid": 1117560, "end_net": -76995, "insolvent": false }, "P1": { "true_cost": 7354353, "interest_paid": 884499, "end_net": 8567, "insolvent": false }, "P2": { "true_cost": 7452172, "interest_paid": 938853, "end_net": -10408, "insolvent": false }, "P3": { "true_cost": 7447833, "interest_paid": 947385, "end_net": 11524, "insolvent": false }, "P5": { "true_cost": 7380684, "interest_paid": 897874, "end_net": 394339, "insolvent": false }, "P4": { "true_cost": 7130668, 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"interest_paid": 359890, "end_net": 1483034, "insolvent": false }, "P3": { "true_cost": 5859287, "interest_paid": 303358, "end_net": 1561470, "insolvent": false }, "P5": { "true_cost": 5856039, "interest_paid": 311523, "end_net": 1894718, "insolvent": false }, "P4": { "true_cost": 5719231, "interest_paid": 196871, "end_net": 2676526, "insolvent": false } } }, { "label": "No VTrans grants", "plans": { "P0": { "true_cost": 8100308, "interest_paid": 1184629, "end_net": -259722, "insolvent": false }, "P1": { "true_cost": 7780216, "interest_paid": 954679, "end_net": -66592, "insolvent": false }, "P2": { "true_cost": 8049280, "interest_paid": 1125942, "end_net": -543726, "insolvent": true }, "P3": { "true_cost": 8008157, "interest_paid": 1094663, "end_net": -488023, "insolvent": true }, "P5": { "true_cost": 7896016, "interest_paid": 1037255, "end_net": -98764, "insolvent": false }, "P4": { "true_cost": 7555585, "interest_paid": 744573, "end_net": 840172, "insolvent": true } } }, { "label": "Bond Bank rate at 5.0%", "plans": { "P0": { "true_cost": 7849705, "interest_paid": 1321748, "end_net": -83355, "insolvent": false }, "P1": { "true_cost": 7519575, "interest_paid": 1049721, "end_net": 8568, "insolvent": false }, "P2": { "true_cost": 7758349, "interest_paid": 1225621, "end_net": -293149, "insolvent": true }, "P3": { "true_cost": 7728755, "interest_paid": 1202775, "end_net": -245468, "insolvent": false }, "P5": { "true_cost": 7640861, "interest_paid": 1139434, "end_net": 150383, "insolvent": false }, "P4": { "true_cost": 7281007, "interest_paid": 826292, "end_net": 1114750, "insolvent": true } } }, { "label": "Single consolidated bond (12-yr drawdown)", "plans": { "P0": { "true_cost": 7614082, "interest_paid": 1143870, "end_net": 160337, "insolvent": false }, "P1": { "true_cost": 7354353, "interest_paid": 884499, "end_net": 8567, "insolvent": false }, "P2": { "true_cost": 7650653, "interest_paid": 1166850, "end_net": -209041, "insolvent": true }, "P3": { "true_cost": 7592899, "interest_paid": 1124545, "end_net": -145863, "insolvent": true }, "P5": { "true_cost": 7536695, "interest_paid": 1075656, "end_net": 235521, "insolvent": true }, "P4": { "true_cost": 7130668, "interest_paid": 680463, "end_net": 1265089, "insolvent": false } } } ], "ext_end_fy": 2052, "plans": { "P0": { "label": "Current practice", "tagline": "The town's recent pattern: an inconsistent capital line, funds that sometimes pay and sometimes sit, and full financing for the rest.", "mechanics": "The capital appropriation wobbles between $126,000 and $101,000 as it has in recent budgets; a reserve fund pays for an item only when it covers the whole price, as the audit shows; everything else is financed in full \u2014 the truck fleet through vendor installment programs, fire apparatus and paving through the plan's capital-program bonds \u2014 with debt service riding the tax bill.", "ext_series": [ { "fy": 2043, "levy": 310373, "int_paid": 31355, "int_earned": 4012, "borrowed": 477333, "fund": 603201, "debt": 944498, "net": -341297 }, { "fy": 2044, "levy": 345005, "int_paid": 41721, "int_earned": 4222, "borrowed": 0, "fund": 683424, "debt": 767215, "net": -83791 }, { "fy": 2045, "levy": 291938, "int_paid": 33352, "int_earned": 4784, "borrowed": 30000, "fund": 463207, "debt": 639628, "net": -176421 }, { "fy": 2046, "levy": 289510, "int_paid": 27484, "int_earned": 3242, "borrowed": 178500, "fund": 542450, "debt": 682103, "net": -139653 }, { "fy": 2047, "levy": 306310, "int_paid": 31028, "int_earned": 3797, "borrowed": 30000, "fund": 587246, "debt": 537820, "net": 49426 }, { "fy": 2048, "levy": 232520, "int_paid": 24199, "int_earned": 4111, "borrowed": 0, "fund": 647857, "debt": 455500, "net": 192357 }, { "fy": 2049, "levy": 207520, "int_paid": 20286, "int_earned": 4535, "borrowed": 276500, "fund": 549391, "debt": 645766, "net": -96375 }, { "fy": 2050, "levy": 297174, "int_paid": 31240, "int_earned": 3846, "borrowed": 0, "fund": 629238, "debt": 505833, "net": 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Building": 92757, "Court Resurfacing": 27581, "Asset & Equipment": 40641, "Paving": 35879, "Bond proceeds": 1241065 }, "flood_overlay": 465528 }, { "fy": 2030, "levy": 632674, "ds_levy": 506674, "alloc": { "Asset & Equipment": 50000, "Paving": 30000, "Town Hall Building": 10000, "Bridge": 6000, "Town Garage": 5000, "Court Resurfacing": 5000 }, "ds_funds": 0, "borrowed": 178500, "int_paid": 133751, "int_earned": 10739, "fund": 793035, "debt": 2936683, "net": -2143648, "funds": { "Bridge": 68768, "Town Garage": 39169, "Town Hall Building": 78407, "Court Resurfacing": 32774, "Asset & Equipment": 90925, "Paving": 36130, "Bond proceeds": 446862 }, "flood_overlay": 465528 }, { "fy": 2031, "levy": 605641, "ds_levy": 504641, "alloc": { "Asset & Equipment": 38208, "Paving": 22925, "Town Hall Building": 7642, "Bridge": 4585, "Town Garage": 3821, "Court Resurfacing": 3821 }, "ds_funds": 0, "borrowed": 0, "int_paid": 125888, "int_earned": 5551, "fund": 400038, "debt": 2557930, "net": -2157892, "funds": { "Bridge": 73834, "Town Garage": 43264, "Town Hall Building": 66597, "Court Resurfacing": 36824, "Asset & Equipment": 129769, "Paving": 29307, "Bond proceeds": 20443 }, "flood_overlay": 465528 }, { "fy": 2032, "levy": 629055, "ds_levy": 503055, "alloc": { "Asset & Equipment": 50000, "Paving": 30000, "Town Hall Building": 10000, "Bridge": 6000, "Town Garage": 5000, "Court Resurfacing": 5000 }, "ds_funds": 0, "borrowed": 0, "int_paid": 108526, "int_earned": 2800, "fund": 449839, "debt": 2163401, "net": -1713562, "funds": { "Bridge": 80351, "Town Garage": 48567, "Town Hall Building": 48063, "Court Resurfacing": 42082, "Asset & Equipment": 180678, "Paving": 29512, "Bond proceeds": 20586 }, "flood_overlay": 288260 }, { "fy": 2033, "levy": 602468, "ds_levy": 501468, "alloc": { "Asset & Equipment": 38208, "Paving": 22925, "Town Hall Building": 7642, "Bridge": 4585, "Town Garage": 3821, "Court Resurfacing": 3821 }, "ds_funds": 0, "borrowed": 0, "int_paid": 90417, "int_earned": 3149, "fund": 495488, "debt": 1752350, "net": -1256862, "funds": { "Bridge": 85498, "Town Garage": 44228, "Town Hall Building": 56041, "Court Resurfacing": 46198, "Asset & Equipment": 220150, "Paving": 22643, "Bond proceeds": 20730 }, "flood_overlay": 0 }, { "fy": 2034, "levy": 532818, "ds_levy": 406818, "alloc": { "Asset & Equipment": 50000, "Paving": 30000, "Town Hall Building": 10000, "Bridge": 6000, "Town Garage": 5000, "Court Resurfacing": 5000 }, "ds_funds": 0, "borrowed": 0, "int_paid": 71526, "int_earned": 3468, "fund": 574956, "debt": 1417058, "net": -842102, "funds": { "Bridge": 92097, "Town Garage": 49537, "Town Hall Building": 66433, "Court Resurfacing": 51521, "Asset & Equipment": 271691, "Paving": 22802, "Bond proceeds": 20875 }, "flood_overlay": 0 }, { "fy": 2035, "levy": 432492, "ds_levy": 331492, "alloc": { "Asset & Equipment": 38208, "Paving": 22925, "Town Hall Building": 7642, "Bridge": 4585, "Town Garage": 3821, "Court Resurfacing": 3821 }, "ds_funds": 0, "borrowed": 450438, "int_paid": 56756, "int_earned": 4025, "fund": 363480, "debt": 1592760, "net": -1229280, "funds": { "Bridge": 97326, "Town Garage": 53705, "Town Hall Building": 54540, "Court Resurfacing": 55702, "Asset & Equipment": 65300, "Paving": 15886, "Bond proceeds": 21021 }, "flood_overlay": 0 }, { "fy": 2036, "levy": 446909, "ds_levy": 320909, "alloc": { "Asset & Equipment": 50000, "Paving": 30000, "Town Hall Building": 10000, "Bridge": 6000, "Town Garage": 5000, "Court Resurfacing": 5000 }, "ds_funds": 0, "borrowed": 289000, "int_paid": 63394, "int_earned": 2544, "fund": 442024, "debt": 1624245, "net": -1182221, "funds": { "Bridge": 104007, "Town Garage": 59081, "Town Hall Building": 64922, "Court Resurfacing": 61092, "Asset & Equipment": 115757, "Paving": 15997, "Bond proceeds": 21168 }, "flood_overlay": 0 }, { "fy": 2037, "levy": 468686, "ds_levy": 367686, "alloc": { "Asset & Equipment": 38208, "Paving": 22925, "Town Hall Building": 7642, "Bridge": 4585, "Town Garage": 3821, "Court Resurfacing": 3821 }, "ds_funds": 0, "borrowed": 238000, "int_paid": 69305, "int_earned": 3094, "fund": 416119, "debt": 1563864, "net": -1147745, "funds": { "Bridge": 109320, "Town Garage": 63315, "Town Hall Building": 61018, "Court Resurfacing": 65341, "Asset & Equipment": 86775, "Paving": 9034, "Bond proceeds": 21316 }, "flood_overlay": 0 }, { "fy": 2038, "levy": 549420, "ds_levy": 423420, "alloc": { "Asset & Equipment": 50000, "Paving": 30000, "Town Hall Building": 10000, "Bridge": 6000, "Town Garage": 5000, "Court Resurfacing": 5000 }, "ds_funds": 0, "borrowed": 178500, "int_paid": 69683, "int_earned": 2913, "fund": 495033, "debt": 1388627, "net": -893594, "funds": { "Bridge": 116086, "Town Garage": 68758, "Town Hall Building": 71445, "Court Resurfacing": 70798, "Asset & Equipment": 137383, "Paving": 9097, "Bond proceeds": 21466 }, "flood_overlay": 0 }, { "fy": 2039, "levy": 565649, "ds_levy": 464649, "alloc": { "Asset & Equipment": 38208, "Paving": 22925, "Town Hall Building": 7642, "Bridge": 4585, "Town Garage": 3821, "Court Resurfacing": 3821 }, "ds_funds": 0, "borrowed": 121515, "int_paid": 62999, "int_earned": 3465, "fund": 549496, "debt": 1108492, "net": -558996, "funds": { "Bridge": 121483, "Town Garage": 73060, "Town Hall Building": 79586, "Court Resurfacing": 75114, "Asset & Equipment": 176552, "Paving": 2085, "Bond proceeds": 21616 }, "flood_overlay": 0 }, { "fy": 2040, "levy": 633716, "ds_levy": 492716, "alloc": { "Asset & Equipment": 50000, "Paving": 30000, "Town Hall Building": 10000, "Bridge": 6000, "Town Garage": 5000, "Court Resurfacing": 5000 }, "ds_funds": 0, "borrowed": 148750, "int_paid": 51147, "int_earned": 3846, "fund": 459344, "debt": 815673, "net": -356329, "funds": { "Bridge": 128333, "Town Garage": 78572, "Town Hall Building": 90144, "Court Resurfacing": 80640, "Asset & Equipment": 57788, "Paving": 2100, "Bond proceeds": 21767 }, "flood_overlay": 0 }, { "fy": 2041, "levy": 376060, "ds_levy": 275060, "alloc": { "Asset & Equipment": 38208, "Paving": 22925, "Town Hall Building": 7642, "Bridge": 4585, "Town Garage": 3821, "Court Resurfacing": 3821 }, "ds_funds": 0, "borrowed": 0, "int_paid": 38738, "int_earned": 3215, "fund": 513558, "debt": 579351, "net": -65793, "funds": { "Bridge": 133817, "Town Garage": 82942, "Town Hall Building": 98416, "Court Resurfacing": 85025, "Asset & Equipment": 96400, "Paving": -4961, "Bond proceeds": 21919 }, "flood_overlay": 0 }, { "fy": 2042, "levy": 333383, "ds_levy": 207383, "alloc": { "Asset & Equipment": 50000, "Paving": 30000, "Town Hall Building": 10000, "Bridge": 6000, "Town Garage": 5000, "Court Resurfacing": 5000 }, "ds_funds": 0, "borrowed": 246500, "int_paid": 26716, "int_earned": 3630, "fund": 568189, "debt": 645184, "net": -76995, "funds": { "Bridge": 140753, "Town Garage": 88523, "Town Hall Building": 84105, "Court Resurfacing": 90621, "Asset & Equipment": 147075, "Paving": -4961, "Bond proceeds": 22073 }, "flood_overlay": 0 } ], "ballots": [ { "fy": 2028, "item": "Capital program bond (Engine 1, Engine 6, Shady Rill section 1, Tanker)", "amount": 2365169, "kind": "VMBB ballot question (>5-yr)" }, { "fy": 2028, "item": "International 10-wheeler dump (backlog)", "amount": 246500, "kind": "vendor installment article" }, { "fy": 2028, "item": "Caterpillar backhoe", "amount": 153000, "kind": "5-yr note article" }, { "fy": 2029, "item": "Freightliner 6-wheeler dump (backlog)", "amount": 238000, "kind": "vendor installment article" }, { "fy": 2029, "item": "Pickup with plow", "amount": 68000, "kind": "5-yr note article" }, { "fy": 2030, "item": "Kenworth dump truck", "amount": 178500, "kind": "5-yr note article" }, { "fy": 2035, "item": "Capital program bond (Rescue)", "amount": 450438, "kind": "VMBB ballot question (>5-yr)" }, { "fy": 2036, "item": "Grader", "amount": 289000, "kind": "vendor installment article" }, { "fy": 2037, "item": "Freightliner 6-wheeler dump", "amount": 238000, "kind": "vendor installment article" }, { "fy": 2038, "item": "Kenworth dump truck", "amount": 178500, "kind": "5-yr note article" }, { "fy": 2039, "item": "Shady Rill section 2", "amount": 121515, "kind": "5-yr note article" }, { "fy": 2040, "item": "Komatsu loader", "amount": 148750, "kind": "5-yr note article" }, { "fy": 2042, "item": "International 10-wheeler dump", "amount": 246500, "kind": "vendor installment article" } ] }, "P1": { "label": "Save $50,000 more a year", "tagline": "The smallest genuine change: current practice plus a $50,000 annual seed, steered to where the need is.", "mechanics": "Same structure as current practice \u2014 debt service on the tax bill \u2014 but the fund is drawn toward each purchase before borrowing, and the Select Board steers contributions annually to the funds with upcoming needs.", "ext_series": [ { "fy": 2043, "levy": 223409, "int_paid": 4696, "int_earned": 803, "borrowed": 425625, "fund": 157589, "debt": 476838, "net": -319249 }, { "fy": 2044, "levy": 253485, "int_paid": 19759, "int_earned": 1103, "borrowed": 0, "fund": 284694, "debt": 419112, "net": -134418 }, { "fy": 2045, "levy": 248502, "int_paid": 17145, "int_earned": 2032, "borrowed": 0, "fund": 106724, "debt": 363755, "net": -257031 }, { "fy": 2046, "levy": 223512, "int_paid": 14659, "int_earned": 891, "borrowed": 101463, "fund": 156579, "debt": 432365, "net": -275786 }, { "fy": 2047, "levy": 247272, "int_paid": 18891, "int_earned": 1096, "borrowed": 0, "fund": 243676, "debt": 379985, "net": -136309 }, { "fy": 2048, "levy": 247272, "int_paid": 16487, "int_earned": 1746, "borrowed": 0, "fund": 351919, "debt": 325200, "net": 26719 }, { "fy": 2049, "levy": 243261, "int_paid": 13970, "int_earned": 2554, "borrowed": 88521, "fund": 138495, "debt": 360428, "net": -221933 }, { "fy": 2050, "levy": 263907, "int_paid": 16273, "int_earned": 981, "borrowed": 0, "fund": 265477, "debt": 288794, "net": -23317 }, { "fy": 2051, "levy": 263907, "int_paid": 12872, "int_earned": 1892, "borrowed": 52856, "fund": 137223, "debt": 266614, "net": -129391 }, { "fy": 2052, "levy": 252470, "int_paid": 12128, "int_earned": 995, "borrowed": 32285, "fund": 138755, "debt": 234557, "net": -95802 } ], "summary": { "fy28": 272681, "avg": 497314, "peak": 616150, "total_levies": 7459716, "interest_paid": 884499, "interest_earned": 40217, "borrowed": 3556244, "end_fund": 102494, "end_debt": 93927, "end_net": 8567, "min_fund_any": -11366, "tail_interest": 8447, "true_cost": 7354353, "ballot_questions": 1, "insolvent": false, "tax": { "delta_vs_fy27": 4659, "cents": 0.19, "per_100k_assessed": 2, "per_300k_market": 4 }, "note_articles": 13, "published": { "fy28": 272681, "avg": 414018, "peak": 470961, "total_levies": 6210269, "interest_paid": 570977, "interest_earned": 23917, "borrowed": 2670750, "end_fund": 88973, "end_debt": 144358, "end_net": -55385, "min_fund_any": -11400, "tail_interest": 11239, "true_cost": 6171650, "ballot_questions": 1, "insolvent": false } }, "series": [ { "fy": 2028, "levy": 272681, "ds_levy": 96681, "alloc": { "Asset & Equipment": 124292, "Paving": 31708 }, "ds_funds": 0, "borrowed": 2517598, "int_paid": 18081, "int_earned": 2392, "fund": 1295665, "debt": 2885898, "net": -1590233, "funds": { "Bridge": 51345, "Town Garage": 24902, "Town Hall Building": 94385, "Court Resurfacing": 18595, "Asset & Equipment": 0, "Paving": 0, "Bond proceeds": 1106438 }, "flood_overlay": 465528 }, { "fy": 2029, "levy": 588837, "ds_levy": 401837, "alloc": { "Asset & Equipment": 126000, "Paving": 30000 }, "ds_funds": 0, "borrowed": 180000, "int_paid": 118751, "int_earned": 9070, "fund": 1284735, "debt": 2782812, "net": -1498077, "funds": { "Bridge": 51704, "Town Garage": 25076, "Town Hall Building": 75046, "Court Resurfacing": 18725, "Asset & Equipment": 0, "Paving": 0, "Bond proceeds": 1114184 }, "flood_overlay": 465528 }, { "fy": 2030, "levy": 616150, "ds_levy": 440150, "alloc": { "Asset & Equipment": 126000, "Paving": 30000 }, "ds_funds": 0, "borrowed": 52500, "int_paid": 115725, "int_earned": 8993, "fund": 465837, "debt": 2510887, "net": -2045050, "funds": { "Bridge": 52066, "Town Garage": 25251, "Town Hall Building": 50571, "Court Resurfacing": 18857, "Asset & Equipment": 0, "Paving": 0, "Bond proceeds": 319092 }, "flood_overlay": 465528 }, { "fy": 2031, "levy": 585014, "ds_levy": 409014, "alloc": { "Asset & Equipment": 126000, "Paving": 30000 }, "ds_funds": 0, "borrowed": 0, "int_paid": 104315, "int_earned": 3261, "fund": 145551, "debt": 2206188, "net": -2060637, "funds": { "Bridge": 52431, "Town Garage": 25428, "Town Hall Building": 30925, "Court Resurfacing": 18989, "Asset & Equipment": 0, "Paving": 0, "Bond proceeds": 17778 }, "flood_overlay": 465528 }, { "fy": 2032, "levy": 583428, "ds_levy": 407428, "alloc": { "Asset & Equipment": 126000, "Paving": 30000 }, "ds_funds": 0, "borrowed": 0, "int_paid": 91004, "int_earned": 1019, "fund": 243570, "debt": 1889764, "net": -1646194, "funds": { "Bridge": 52798, "Town Garage": 25606, "Town Hall Building": 2142, "Court Resurfacing": 19121, "Asset & Equipment": 126000, "Paving": 0, "Bond proceeds": 17903 }, "flood_overlay": 288260 }, { "fy": 2033, "levy": 581841, "ds_levy": 405841, "alloc": { "Asset & Equipment": 122176, "Town Hall Building": 3824, "Paving": 30000 }, "ds_funds": 0, "borrowed": 0, "int_paid": 77169, "int_earned": 1705, "fund": 362774, "debt": 1561092, "net": -1198318, "funds": { "Bridge": 53167, "Town Garage": 17285, "Town Hall Building": 5981, "Court Resurfacing": 19255, "Asset & Equipment": 249058, "Paving": 0, "Bond proceeds": 18028 }, "flood_overlay": 0 }, { "fy": 2034, "levy": 505698, "ds_levy": 329698, "alloc": { "Asset & Equipment": 123649, "Town Hall Building": 2351, "Paving": 30000 }, "ds_funds": 0, "borrowed": 0, "int_paid": 62788, "int_earned": 2539, "fund": 491313, "debt": 1294182, "net": -802869, "funds": { "Bridge": 53539, "Town Garage": 17406, "Town Hall Building": 8374, "Court Resurfacing": 19390, "Asset & Equipment": 374450, "Paving": 0, "Bond proceeds": 18154 }, "flood_overlay": 0 }, { "fy": 2035, "levy": 460236, "ds_levy": 284236, "alloc": { "Asset & Equipment": 124427, "Town Hall Building": 1573, "Paving": 30000 }, "ds_funds": 0, "borrowed": 195440, "int_paid": 51564, "int_earned": 3439, "fund": 99256, "debt": 1256950, "net": -1157694, "funds": { "Bridge": 53914, "Town Garage": 17528, "Town Hall Building": -9994, "Court Resurfacing": 19526, "Asset & Equipment": 0, "Paving": 0, "Bond proceeds": 18282 }, "flood_overlay": 0 }, { "fy": 2036, "levy": 475903, "ds_levy": 299903, "alloc": { "Asset & Equipment": 116006, "Town Hall Building": 9994, "Paving": 30000 }, "ds_funds": 0, "borrowed": 172994, "int_paid": 51916, "int_earned": 765, "fund": 110015, "debt": 1181957, "net": -1071942, "funds": { "Bridge": 54292, "Town Garage": 17651, "Town Hall Building": 0, "Court Resurfacing": 19662, "Asset & Equipment": 0, "Paving": 0, "Bond proceeds": 18410 }, "flood_overlay": 0 }, { "fy": 2037, "levy": 494960, "ds_levy": 318960, "alloc": { "Asset & Equipment": 73544, "Town Hall Building": 12000, "Paving": 70456 }, "ds_funds": 0, "borrowed": 232456, "int_paid": 50609, "int_earned": 770, "fund": 151241, "debt": 1146062, "net": -994821, "funds": { "Bridge": 54672, "Town Garage": 17775, "Town Hall Building": 0, "Court Resurfacing": 19800, "Asset & Equipment": 0, "Paving": 40456, "Bond proceeds": 18538 }, "flood_overlay": 0 }, { "fy": 2038, "levy": 548652, "ds_levy": 372652, "alloc": { "Asset & Equipment": 103012, "Paving": 52988 }, "ds_funds": 0, "borrowed": 75488, "int_paid": 50813, "int_earned": 1059, "fund": 175286, "debt": 899711, "net": -724425, "funds": { "Bridge": 55054, "Town Garage": 17899, "Town Hall Building": 0, "Court Resurfacing": 19939, "Asset & Equipment": 0, "Paving": 63726, "Bond proceeds": 18668 }, "flood_overlay": 0 }, { "fy": 2039, "levy": 566088, "ds_levy": 390088, "alloc": { "Asset & Equipment": 90230, "Paving": 65770 }, "ds_funds": 0, "borrowed": 21572, "int_paid": 40575, "int_earned": 1227, "fund": 202571, "debt": 571770, "net": -369199, "funds": { "Bridge": 55440, "Town Garage": 18024, "Town Hall Building": 0, "Court Resurfacing": 20078, "Asset & Equipment": 90230, "Paving": 0, "Bond proceeds": 18799 }, "flood_overlay": 0 }, { "fy": 2040, "levy": 586070, "ds_levy": 395070, "alloc": { "Asset & Equipment": 119692, "Town Hall Building": 6308, "Paving": 30000 }, "ds_funds": 0, "borrowed": 108196, "int_paid": 26340, "int_earned": 1418, "fund": 119435, "debt": 311236, "net": -191801, "funds": { "Bridge": 55828, "Town Garage": 18150, "Town Hall Building": 6308, "Court Resurfacing": 20219, "Asset & Equipment": 0, "Paving": 0, "Bond proceeds": 18930 }, "flood_overlay": 0 }, { "fy": 2041, "levy": 317058, "ds_levy": 141058, "alloc": { "Asset & Equipment": 117138, "Town Hall Building": 8862, "Paving": 30000 }, "ds_funds": 0, "borrowed": 0, "int_paid": 15562, "int_earned": 836, "fund": 246271, "debt": 185740, "net": 60531, "funds": { "Bridge": 56219, "Town Garage": 18277, "Town Hall Building": 15214, "Court Resurfacing": 20360, "Asset & Equipment": 117138, "Paving": 0, "Bond proceeds": 19063 }, "flood_overlay": 0 }, { "fy": 2042, "levy": 277100, "ds_levy": 101100, "alloc": { "Asset & Equipment": 117176, "Town Hall Building": 8824, "Paving": 30000 }, "ds_funds": 0, "borrowed": 0, "int_paid": 9287, "int_earned": 1724, "fund": 102494, "debt": 93927, "net": 8567, "funds": { "Bridge": 56612, "Town Garage": 18405, "Town Hall Building": -856, "Court Resurfacing": 20503, "Asset & Equipment": -11366, "Paving": 0, "Bond proceeds": 19196 }, "flood_overlay": 0 } ], "ballots": [ { "fy": 2028, "item": "Capital program bond (Engine 1, Engine 6, Shady Rill section 1, Tanker)", "amount": 2194806, "kind": "VMBB ballot question (>5-yr)" }, { "fy": 2028, "item": "International 10-wheeler dump (backlog)", "amount": 21042, "kind": "5-yr note article" }, { "fy": 2028, "item": "Caterpillar backhoe", "amount": 153000, "kind": "5-yr note article" }, { "fy": 2028, "item": "Komatsu loader (backlog)", "amount": 148750, "kind": "5-yr note article" }, { "fy": 2029, "item": "Freightliner 6-wheeler dump (backlog)", "amount": 112000, "kind": "5-yr note article" }, { "fy": 2029, "item": "Pickup with plow", "amount": 68000, "kind": "5-yr note article" }, { "fy": 2030, "item": "Kenworth dump truck", "amount": 52500, "kind": "5-yr note article" }, { "fy": 2035, "item": "Rescue", "amount": 195440, "kind": "5-yr note article" }, { "fy": 2036, "item": "Grader", "amount": 172994, "kind": "5-yr note article" }, { "fy": 2037, "item": "Freightliner 6-wheeler dump", "amount": 164456, "kind": "5-yr note article" }, { "fy": 2037, "item": "Pickup with plow", "amount": 68000, "kind": "5-yr note article" }, { "fy": 2038, "item": "Kenworth dump truck", "amount": 75488, "kind": "5-yr note article" }, { "fy": 2039, "item": "Shady Rill section 2", "amount": 21572, "kind": "5-yr note article" }, { "fy": 2040, "item": "Komatsu loader", "amount": 108196, "kind": "5-yr note article" } ] }, "P2": { "label": "Phased start from $300k (reaches $500k in FY2032)", "tagline": "Begin at $300,000 and climb steeply to the break-even budget of $500,000 by FY2032.", "mechanics": "Because apparatus contracts sign years before delivery, the spending crunch sits at the front of this window \u2014 so a phased start only works with steep steps, peaking near $690,000 mid-climb before settling. Starting low defers cost at interest.", "ext_series": [ { "fy": 2043, "levy": 284924, "int_paid": 16346, "int_earned": 2515, "borrowed": 415652, "fund": 515004, "debt": 681091, "net": -166087 }, { "fy": 2044, "levy": 284924, "int_paid": 28156, "int_earned": 3605, "borrowed": 0, "fund": 753535, "debt": 567904, "net": 185631 }, { "fy": 2045, "levy": 284924, "int_paid": 23183, "int_earned": 5275, "borrowed": 0, "fund": 687733, "debt": 449744, "net": 237989 }, { "fy": 2046, "levy": 284924, "int_paid": 17990, "int_earned": 4814, "borrowed": 0, "fund": 748972, "debt": 375450, "net": 373522 }, { "fy": 2047, "levy": 284924, "int_paid": 15018, "int_earned": 5243, "borrowed": 0, "fund": 949138, "debt": 298184, "net": 650954 }, { "fy": 2048, "levy": 284924, "int_paid": 11927, "int_earned": 6644, "borrowed": 0, "fund": 1171207, "debt": 265823, "net": 905384 }, { "fy": 2049, "levy": 284924, "int_paid": 10633, "int_earned": 8198, "borrowed": 0, "fund": 983829, "debt": 232167, "net": 751662 }, { "fy": 2050, "levy": 284924, "int_paid": 9287, "int_earned": 6887, "borrowed": 0, "fund": 1225642, "debt": 197165, "net": 1028477 }, { "fy": 2051, "levy": 284924, "int_paid": 7887, "int_earned": 8579, "borrowed": 0, "fund": 1160144, "debt": 160763, "net": 999381 }, { "fy": 2052, "levy": 284924, "int_paid": 6431, "int_earned": 8121, "borrowed": 0, "fund": 1245441, "debt": 122905, "net": 1122536 } ], "summary": { "fy28": 300000, "avg": 500400, "peak": 690000, "total_levies": 7506000, "interest_paid": 938853, "interest_earned": 29313, "borrowed": 3989053, "end_fund": 359246, "end_debt": 369654, "end_net": -10408, "min_fund_any": -12861, "tail_interest": 41007, "true_cost": 7452172, "ballot_questions": 2, "insolvent": false, "tax": { "delta_vs_fy27": 31978, "cents": 1.33, "per_100k_assessed": 13, "per_300k_market": 26 }, "note_articles": 13, "published": { "fy28": 300000, "avg": 500400, "peak": 690000, "total_levies": 7506000, "interest_paid": 359890, "interest_earned": 55513, "borrowed": 1340157, "end_fund": 1483034, "end_debt": 0, "end_net": 1483034, "min_fund_any": -156, "tail_interest": 0, "true_cost": 5917723, "ballot_questions": 1, "insolvent": false } }, "series": [ { "fy": 2028, "levy": 300000, "ds_levy": 45028, "alloc": { "Asset & Equipment": 187212, "Paving": 47760 }, "ds_funds": 51653, "borrowed": 2176957, "int_paid": 18081, "int_earned": 2392, "fund": 982343, "debt": 2545257, "net": -1562914, "funds": { "Bridge": 51345, "Town Garage": 24902, "Town Hall Building": 94385, "Court Resurfacing": 18595, "Asset & Equipment": -9775, "Paving": 0, "Bond proceeds": 802891 }, "flood_overlay": 465528 }, { "fy": 2029, "levy": 441000, "ds_levy": 43352, "alloc": { "Asset & Equipment": 292224, "Paving": 74424 }, "ds_funds": 319571, "borrowed": 298697, "int_paid": 104915, "int_earned": 6945, "fund": 979062, "debt": 2585946, "net": -1606884, "funds": { "Bridge": 51704, "Town Garage": 25076, "Town Hall Building": 75046, "Court Resurfacing": 18725, "Asset & Equipment": 0, "Paving": 0, "Bond proceeds": 808511 }, "flood_overlay": 465528 }, { "fy": 2030, "levy": 560000, "ds_levy": 41676, "alloc": { "Asset & Equipment": 423900, "Paving": 74424 }, "ds_funds": 387715, "borrowed": 97891, "int_paid": 110018, "int_earned": 6853, "fund": 158025, "debt": 2364464, "net": -2206439, "funds": { "Bridge": 52066, "Town Garage": 25251, "Town Hall Building": 50571, "Court Resurfacing": 18857, "Asset & Equipment": 0, "Paving": 0, "Bond proceeds": 11280 }, "flood_overlay": 465528 }, { "fy": 2031, "levy": 690000, "ds_levy": 0, "alloc": { "Asset & Equipment": 595576, "Paving": 74424 }, "ds_funds": 408739, "borrowed": 198286, "int_paid": 100703, "int_earned": 1106, "fund": 139132, "debt": 2254714, "net": -2115582, "funds": { "Bridge": 52431, "Town Garage": 25428, "Town Hall Building": 30925, "Court Resurfacing": 18989, "Asset & Equipment": 0, "Paving": 0, "Bond proceeds": 11359 }, "flood_overlay": 465528 }, { "fy": 2032, "levy": 500000, "ds_levy": 0, "alloc": { "Asset & Equipment": 408528, "Paving": 71472 }, "ds_funds": 452951, "borrowed": 0, "int_paid": 96691, "int_earned": 974, "fund": 108154, "debt": 1898454, "net": -1790300, "funds": { "Bridge": 52798, "Town Garage": 25606, "Town Hall Building": 2142, "Court Resurfacing": 19121, "Asset & Equipment": 0, "Paving": -2951, "Bond proceeds": 11438 }, "flood_overlay": 288260 }, { "fy": 2033, "levy": 500000, "ds_levy": 0, "alloc": { "Asset & Equipment": 406941, "Paving": 73059 }, "ds_funds": 451365, "borrowed": 0, "int_paid": 80395, "int_earned": 778, "fund": 99066, "debt": 1527484, "net": -1428418, "funds": { "Bridge": 53167, "Town Garage": 17285, "Town Hall Building": 2157, "Court Resurfacing": 19255, "Asset & Equipment": 0, "Paving": -4316, "Bond proceeds": 11518 }, "flood_overlay": 0 }, { "fy": 2034, "levy": 500000, "ds_levy": 0, "alloc": { "Asset & Equipment": 399510, "Town Hall Building": 1751, "Paving": 78740 }, "ds_funds": 380082, "borrowed": 0, "int_paid": 63408, "int_earned": 724, "fund": 169707, "debt": 1210810, "net": -1041103, "funds": { "Bridge": 53539, "Town Garage": 17406, "Town Hall Building": 3922, "Court Resurfacing": 19390, "Asset & Equipment": 63851, "Paving": 0, "Bond proceeds": 11599 }, "flood_overlay": 0 }, { "fy": 2035, "levy": 500000, "ds_levy": 0, "alloc": { "Asset & Equipment": 402387, "Town Hall Building": 3189, "Paving": 74424 }, "ds_funds": 306466, "borrowed": 492295, "int_paid": 49180, "int_earned": 1188, "fund": 89787, "debt": 1445819, "net": -1356032, "funds": { "Bridge": 53914, "Town Garage": 17528, "Town Hall Building": -12861, "Court Resurfacing": 19526, "Asset & Equipment": 0, "Paving": 0, "Bond proceeds": 11680 }, "flood_overlay": 0 }, { "fy": 2036, "levy": 500000, "ds_levy": 0, "alloc": { "Asset & Equipment": 392715, "Town Hall Building": 12861, "Paving": 74424 }, "ds_funds": 324169, "borrowed": 176030, "int_paid": 58371, "int_earned": 719, "fund": 103367, "debt": 1356051, "net": -1252684, "funds": { "Bridge": 54292, "Town Garage": 17651, "Town Hall Building": 0, "Court Resurfacing": 19662, "Asset & Equipment": 0, "Paving": 0, "Bond proceeds": 11762 }, "flood_overlay": 0 }, { "fy": 2037, "levy": 500000, "ds_levy": 0, "alloc": { "Asset & Equipment": 324985, "Town Hall Building": 12000, "Paving": 143015 }, "ds_funds": 298129, "borrowed": 234721, "int_paid": 56345, "int_earned": 724, "fund": 172683, "debt": 1348988, "net": -1176305, "funds": { "Bridge": 54672, "Town Garage": 17775, "Town Hall Building": 0, "Court Resurfacing": 19800, "Asset & Equipment": 0, "Paving": 68592, "Bond proceeds": 11844 }, "flood_overlay": 0 }, { "fy": 2038, "levy": 500000, "ds_levy": 0, "alloc": { "Asset & Equipment": 384646, "Paving": 95354 }, "ds_funds": 352343, "borrowed": 101774, "int_paid": 58012, "int_earned": 1209, "fund": 194821, "debt": 1156431, "net": -961610, "funds": { "Bridge": 55054, "Town Garage": 17899, "Town Hall Building": 0, "Court Resurfacing": 19939, "Asset & Equipment": 0, "Paving": 90002, "Bond proceeds": 11927 }, "flood_overlay": 0 }, { "fy": 2039, "levy": 500000, "ds_levy": 0, "alloc": { "Asset & Equipment": 331427, "Paving": 148573 }, "ds_funds": 375851, "borrowed": 0, "int_paid": 50484, "int_earned": 1364, "fund": 148820, "debt": 831064, "net": -682244, "funds": { "Bridge": 55440, "Town Garage": 18024, "Town Hall Building": 0, "Court Resurfacing": 20078, "Asset & Equipment": 0, "Paving": 43267, "Bond proceeds": 12011 }, "flood_overlay": 0 }, { "fy": 2040, "levy": 515000, "ds_levy": 0, "alloc": { "Asset & Equipment": 437775, "Town Hall Building": 11371, "Paving": 30854 }, "ds_funds": 375851, "borrowed": 212402, "int_paid": 36401, "int_earned": 1042, "fund": 117663, "debt": 704016, "net": -586353, "funds": { "Bridge": 55828, "Town Garage": 18150, "Town Hall Building": 11371, "Court Resurfacing": 20219, "Asset & Equipment": 0, "Paving": 0, "Bond proceeds": 12095 }, "flood_overlay": 0 }, { "fy": 2041, "levy": 500000, "ds_levy": 0, "alloc": { "Asset & Equipment": 378761, "Town Hall Building": 71239, "Paving": 30000 }, "ds_funds": 215435, "borrowed": 0, "int_paid": 32320, "int_earned": 824, "fund": 353050, "debt": 520901, "net": -167851, "funds": { "Bridge": 56219, "Town Garage": 18277, "Town Hall Building": 82689, "Court Resurfacing": 20360, "Asset & Equipment": 163326, "Paving": 0, "Bond proceeds": 12179 }, "flood_overlay": 0 }, { "fy": 2042, "levy": 500000, "ds_levy": 0, "alloc": { "Asset & Equipment": 450000, "Paving": 30000 }, "ds_funds": 174776, "borrowed": 0, "int_paid": 23529, "int_earned": 2471, "fund": 359246, "debt": 369654, "net": -10408, "funds": { "Bridge": 56612, "Town Garage": 18405, "Town Hall Building": 58268, "Court Resurfacing": 20503, "Asset & Equipment": 193193, "Paving": 0, "Bond proceeds": 12265 }, "flood_overlay": 0 } ], "ballots": [ { "fy": 2028, "item": "Capital program bond (Engine 1, Engine 6, Shady Rill section 1)", "amount": 1875207, "kind": "VMBB ballot question (>5-yr)" }, { "fy": 2028, "item": "Caterpillar backhoe", "amount": 153000, "kind": "5-yr note article" }, { "fy": 2028, "item": "Komatsu loader (backlog)", "amount": 148750, "kind": "5-yr note article" }, { "fy": 2029, "item": "Freightliner 6-wheeler dump (backlog)", "amount": 230697, "kind": "vendor installment article" }, { "fy": 2029, "item": "Pickup with plow", "amount": 68000, "kind": "5-yr note article" }, { "fy": 2030, "item": "Kenworth dump truck", "amount": 97891, "kind": "5-yr note article" }, { "fy": 2031, "item": "Tanker", "amount": 198286, "kind": "5-yr note article" }, { "fy": 2035, "item": "Capital program bond (Rescue)", "amount": 450438, "kind": "VMBB ballot question (>5-yr)" }, { "fy": 2035, "item": "International 10-wheeler dump", "amount": 41857, "kind": "5-yr note article" }, { "fy": 2036, "item": "Grader", "amount": 176030, "kind": "5-yr note article" }, { "fy": 2037, "item": "Freightliner 6-wheeler dump", "amount": 166721, "kind": "5-yr note article" }, { "fy": 2037, "item": "Pickup with plow", "amount": 68000, "kind": "5-yr note article" }, { "fy": 2038, "item": "Kenworth dump truck", "amount": 101774, "kind": "5-yr note article" }, { "fy": 2040, "item": "Kobelco excavator", "amount": 63652, "kind": "5-yr note article" }, { "fy": 2040, "item": "Komatsu loader", "amount": 148750, "kind": "5-yr note article" } ] }, "P3": { "label": "Break even by 2042 ($500k/yr)", "tagline": "A steady $500,000 capital budget \u2014 the smallest at which the town owns as much as it owes by 2042.", "mechanics": "One annual capital budget inside the budget article, allocated by the Select Board across the existing purpose funds (no new articles needed); the equipment funds pay the equipment notes. Solving for the smallest levy is not solving for cost: the seed plan runs about $90,000 cheaper all in, and every larger steady budget costs less in the end.", "ext_series": [ { "fy": 2043, "levy": 283215, "int_paid": 15978, "int_earned": 2565, "borrowed": 417679, "fund": 522616, "debt": 666579, "net": -143963 }, { "fy": 2044, "levy": 283215, "int_paid": 27709, "int_earned": 3658, "borrowed": 0, "fund": 759491, "debt": 553781, "net": 205710 }, { "fy": 2045, "levy": 283215, "int_paid": 22687, "int_earned": 5316, "borrowed": 0, "fund": 692020, "debt": 435961, "net": 256059 }, { "fy": 2046, "levy": 283215, "int_paid": 17438, "int_earned": 4844, "borrowed": 0, "fund": 751580, "debt": 369136, "net": 382444 }, { "fy": 2047, "levy": 283215, "int_paid": 14765, "int_earned": 5261, "borrowed": 0, "fund": 950056, "debt": 299638, "net": 650418 }, { "fy": 2048, "levy": 283215, "int_paid": 11986, "int_earned": 6650, "borrowed": 0, "fund": 1170421, "debt": 267119, "net": 903302 }, { "fy": 2049, "levy": 283215, "int_paid": 10685, "int_earned": 8193, "borrowed": 0, "fund": 981328, "debt": 233299, "net": 748029 }, { "fy": 2050, "levy": 283215, "int_paid": 9332, "int_earned": 6869, "borrowed": 0, "fund": 1221414, "debt": 198127, "net": 1023287 }, { "fy": 2051, "levy": 283215, "int_paid": 7925, "int_earned": 8550, "borrowed": 0, "fund": 1154178, "debt": 161547, "net": 992631 }, { "fy": 2052, "levy": 283215, "int_paid": 6462, "int_earned": 8079, "borrowed": 0, "fund": 1237722, "debt": 123504, "net": 1114218 } ], "summary": { "fy28": 500000, "avg": 501733, "peak": 515000, "total_levies": 7526000, "interest_paid": 947385, "interest_earned": 39775, "borrowed": 3842318, "end_fund": 366490, "end_debt": 354966, "end_net": 11524, "min_fund_any": -6238, "tail_interest": 38600, "true_cost": 7447833, "ballot_questions": 2, "insolvent": false, "tax": { "delta_vs_fy27": 231978, "cents": 9.67, "per_100k_assessed": 97, "per_300k_market": 189 }, "note_articles": 10, "published": { "fy28": 500000, "avg": 501733, "peak": 515000, "total_levies": 7526000, "interest_paid": 303358, "interest_earned": 57424, "borrowed": 1026447, "end_fund": 1561473, "end_debt": 3, "end_net": 1561470, "min_fund_any": -259, "tail_interest": 0, "true_cost": 5859287, "ballot_questions": 1, "insolvent": false } }, "series": [ { "fy": 2028, "levy": 500000, "ds_levy": 45028, "alloc": { "Asset & Equipment": 346561, "Paving": 88411 }, "ds_funds": 51653, "borrowed": 2364222, "int_paid": 18081, "int_earned": 2392, "fund": 1369608, "debt": 2732522, "net": -1362914, "funds": { "Bridge": 51345, "Town Garage": 24902, "Town Hall Building": 94385, "Court Resurfacing": 18595, "Asset & Equipment": -3426, "Paving": 0, "Bond proceeds": 1183807 }, "flood_overlay": 465528 }, { "fy": 2029, "levy": 511000, "ds_levy": 43352, "alloc": { "Asset & Equipment": 366556, "Paving": 70092 }, "ds_funds": 320488, "borrowed": 223265, "int_paid": 110875, "int_earned": 9611, "fund": 1362645, "debt": 2702822, "net": -1340177, "funds": { "Bridge": 51704, "Town Garage": 25076, "Town Hall Building": 75046, "Court Resurfacing": 18725, "Asset & Equipment": 0, "Paving": 0, "Bond proceeds": 1192094 }, "flood_overlay": 465528 }, { "fy": 2030, "levy": 500000, "ds_levy": 41676, "alloc": { "Asset & Equipment": 368232, "Paving": 70092 }, "ds_funds": 370470, "borrowed": 140646, "int_paid": 111532, "int_earned": 9539, "fund": 544293, "debt": 2542854, "net": -1998561, "funds": { "Bridge": 52066, "Town Garage": 25251, "Town Hall Building": 50571, "Court Resurfacing": 18857, "Asset & Equipment": 0, "Paving": 0, "Bond proceeds": 397548 }, "flood_overlay": 465528 }, { "fy": 2031, "levy": 500000, "ds_levy": 0, "alloc": { "Asset & Equipment": 409908, "Paving": 70092 }, "ds_funds": 401369, "borrowed": 0, "int_paid": 105735, "int_earned": 3810, "fund": 147187, "debt": 2247220, "net": -2100033, "funds": { "Bridge": 52431, "Town Garage": 25428, "Town Hall Building": 30925, "Court Resurfacing": 18989, "Asset & Equipment": 0, "Paving": 0, "Bond proceeds": 19414 }, "flood_overlay": 465528 }, { "fy": 2032, "levy": 500000, "ds_levy": 0, "alloc": { "Asset & Equipment": 409908, "Paving": 70092 }, "ds_funds": 399783, "borrowed": 0, "int_paid": 92892, "int_earned": 1030, "fund": 169434, "debt": 1940329, "net": -1770895, "funds": { "Bridge": 52798, "Town Garage": 25606, "Town Hall Building": 2142, "Court Resurfacing": 19121, "Asset & Equipment": 50217, "Paving": 0, "Bond proceeds": 19550 }, "flood_overlay": 288260 }, { "fy": 2033, "levy": 500000, "ds_levy": 0, "alloc": { "Asset & Equipment": 404787, "Town Hall Building": 5121, "Paving": 70092 }, "ds_funds": 398197, "borrowed": 0, "int_paid": 79549, "int_earned": 1186, "fund": 213922, "debt": 1621681, "net": -1407759, "funds": { "Bridge": 53167, "Town Garage": 17285, "Town Hall Building": 7278, "Court Resurfacing": 19255, "Asset & Equipment": 97250, "Paving": 0, "Bond proceeds": 19687 }, "flood_overlay": 0 }, { "fy": 2034, "levy": 500000, "ds_levy": 0, "alloc": { "Asset & Equipment": 406430, "Town Hall Building": 3478, "Paving": 70092 }, "ds_funds": 362253, "borrowed": 0, "int_paid": 65686, "int_earned": 1497, "fund": 303167, "debt": 1325114, "net": -1021947, "funds": { "Bridge": 53539, "Town Garage": 17406, "Town Hall Building": 10807, "Court Resurfacing": 19390, "Asset & Equipment": 182200, "Paving": 0, "Bond proceeds": 19825 }, "flood_overlay": 0 }, { "fy": 2035, "levy": 500000, "ds_levy": 0, "alloc": { "Asset & Equipment": 407028, "Town Hall Building": 2880, "Paving": 70092 }, "ds_funds": 306798, "borrowed": 373139, "int_paid": 52995, "int_earned": 2122, "fund": 104692, "debt": 1444450, "net": -1339758, "funds": { "Bridge": 53914, "Town Garage": 17528, "Town Hall Building": -6238, "Court Resurfacing": 19526, "Asset & Equipment": 0, "Paving": 0, "Bond proceeds": 19962 }, "flood_overlay": 0 }, { "fy": 2036, "levy": 500000, "ds_levy": 0, "alloc": { "Asset & Equipment": 403670, "Town Hall Building": 6238, "Paving": 70092 }, "ds_funds": 296722, "borrowed": 141960, "int_paid": 57462, "int_earned": 777, "fund": 111707, "debt": 1347150, "net": -1235443, "funds": { "Bridge": 54292, "Town Garage": 17651, "Town Hall Building": 0, "Court Resurfacing": 19662, "Asset & Equipment": 0, "Paving": 0, "Bond proceeds": 20102 }, "flood_overlay": 0 }, { "fy": 2037, "levy": 500000, "ds_levy": 0, "alloc": { "Asset & Equipment": 331687, "Town Hall Building": 12000, "Paving": 136313 }, "ds_funds": 308611, "borrowed": 242833, "int_paid": 55306, "int_earned": 782, "fund": 178711, "debt": 1336678, "net": -1157967, "funds": { "Bridge": 54672, "Town Garage": 17775, "Town Hall Building": 0, "Court Resurfacing": 19800, "Asset & Equipment": 0, "Paving": 66221, "Bond proceeds": 20243 }, "flood_overlay": 0 }, { "fy": 2038, "levy": 500000, "ds_levy": 0, "alloc": { "Asset & Equipment": 390359, "Paving": 89641 }, "ds_funds": 364699, "borrowed": 112749, "int_paid": 57058, "int_earned": 1251, "fund": 199510, "debt": 1141786, "net": -942276, "funds": { "Bridge": 55054, "Town Garage": 17899, "Town Hall Building": 0, "Court Resurfacing": 19939, "Asset & Equipment": 0, "Paving": 86234, "Bond proceeds": 20384 }, "flood_overlay": 0 }, { "fy": 2039, "levy": 500000, "ds_levy": 0, "alloc": { "Asset & Equipment": 350650, "Paving": 129350 }, "ds_funds": 390742, "borrowed": 0, "int_paid": 49681, "int_earned": 1397, "fund": 138650, "debt": 800725, "net": -662075, "funds": { "Bridge": 55440, "Town Garage": 18024, "Town Hall Building": 0, "Court Resurfacing": 20078, "Asset & Equipment": 0, "Paving": 24581, "Bond proceeds": 20527 }, "flood_overlay": 0 }, { "fy": 2040, "levy": 515000, "ds_levy": 0, "alloc": { "Asset & Equipment": 425895, "Town Hall Building": 8766, "Paving": 45339 }, "ds_funds": 390742, "borrowed": 243504, "int_paid": 35090, "int_earned": 971, "fund": 123634, "debt": 688577, "net": -564943, "funds": { "Bridge": 55828, "Town Garage": 18150, "Town Hall Building": 8766, "Court Resurfacing": 20219, "Asset & Equipment": 0, "Paving": 0, "Bond proceeds": 20671 }, "flood_overlay": 0 }, { "fy": 2041, "levy": 500000, "ds_levy": 0, "alloc": { "Asset & Equipment": 375285, "Town Hall Building": 74715, "Paving": 30000 }, "ds_funds": 210922, "borrowed": 0, "int_paid": 32042, "int_earned": 865, "fund": 363578, "debt": 509697, "net": -146119, "funds": { "Bridge": 56219, "Town Garage": 18277, "Town Hall Building": 83542, "Court Resurfacing": 20360, "Asset & Equipment": 164364, "Paving": 0, "Bond proceeds": 20816 }, "flood_overlay": 0 }, { "fy": 2042, "levy": 500000, "ds_levy": 0, "alloc": { "Asset & Equipment": 450000, "Paving": 30000 }, "ds_funds": 178132, "borrowed": 0, "int_paid": 23401, "int_earned": 2545, "fund": 366490, "debt": 354966, "net": 11524, "funds": { "Bridge": 56612, "Town Garage": 18405, "Town Hall Building": 59127, "Court Resurfacing": 20503, "Asset & Equipment": 190882, "Paving": 0, "Bond proceeds": 20961 }, "flood_overlay": 0 } ], "ballots": [ { "fy": 2028, "item": "Capital program bond (Engine 1, Engine 6, Shady Rill section 1, Tanker)", "amount": 2215472, "kind": "VMBB ballot question (>5-yr)" }, { "fy": 2028, "item": "Komatsu loader (backlog)", "amount": 148750, "kind": "5-yr note article" }, { "fy": 2029, "item": "Freightliner 6-wheeler dump (backlog)", "amount": 155265, "kind": "5-yr note article" }, { "fy": 2029, "item": "Pickup with plow", "amount": 68000, "kind": "5-yr note article" }, { "fy": 2030, "item": "Kenworth dump truck", "amount": 140646, "kind": "5-yr note article" }, { "fy": 2035, "item": "Capital program bond (Rescue)", "amount": 373139, "kind": "VMBB ballot question (>5-yr)" }, { "fy": 2036, "item": "Grader", "amount": 141960, "kind": "5-yr note article" }, { "fy": 2037, "item": "Freightliner 6-wheeler dump", "amount": 174833, "kind": "5-yr note article" }, { "fy": 2037, "item": "Pickup with plow", "amount": 68000, "kind": "5-yr note article" }, { "fy": 2038, "item": "Kenworth dump truck", "amount": 112749, "kind": "5-yr note article" }, { "fy": 2040, "item": "Kobelco excavator", "amount": 94754, "kind": "5-yr note article" }, { "fy": 2040, "item": "Komatsu loader", "amount": 148750, "kind": "5-yr note article" } ] }, "P5": { "label": "Step up to $530k/yr (by FY2030)", "tagline": "Enter at $450,000, reach a steady $530,000 by FY2030, and let the margin above break-even compound into equity.", "mechanics": "Same single-budget structure as the break-even plan, sized past it: two $40,000 steps reach $530,000 and hold. The margin above break-even becomes fund balances rather than interest \u2014 the fifteen-year true cost is within about $30,000 of saving $50,000 more a year, and the town ends 2042 owning about $390,000 more.", "ext_series": [ { "fy": 2043, "levy": 268303, "int_paid": 9757, "int_earned": 4302, "borrowed": 396403, "fund": 736190, "debt": 552708, "net": 183482 }, { "fy": 2044, "levy": 268303, "int_paid": 22650, "int_earned": 5162, "borrowed": 0, "fund": 959658, "debt": 475847, "net": 483811 }, { "fy": 2045, "levy": 268303, "int_paid": 19311, "int_earned": 6726, "borrowed": 0, "fund": 878686, "debt": 395648, "net": 483038 }, { "fy": 2046, "levy": 268303, "int_paid": 15826, "int_earned": 6151, "borrowed": 0, "fund": 924639, "debt": 341102, "net": 583537 }, { "fy": 2047, "levy": 268303, "int_paid": 13644, "int_earned": 6472, "borrowed": 0, "fund": 1109415, "debt": 284375, "net": 825040 }, { "fy": 2048, "levy": 268303, "int_paid": 11375, "int_earned": 7766, "borrowed": 0, "fund": 1315984, "debt": 253513, "net": 1062471 }, { "fy": 2049, "levy": 268303, "int_paid": 10141, "int_earned": 9212, "borrowed": 0, "fund": 1112998, "debt": 221416, "net": 891582 }, { "fy": 2050, "levy": 268303, "int_paid": 8857, "int_earned": 7791, "borrowed": 0, "fund": 1339092, "debt": 188034, "net": 1151058 }, { "fy": 2051, "levy": 268303, "int_paid": 7521, "int_earned": 9374, "borrowed": 0, "fund": 1257768, "debt": 153318, "net": 1104450 }, { "fy": 2052, "levy": 268303, "int_paid": 6133, "int_earned": 8804, "borrowed": 0, "fund": 1327126, "debt": 117213, "net": 1209913 } ], "summary": { "fy28": 450000, "avg": 523733, "peak": 545000, "total_levies": 7856000, "interest_paid": 897874, "interest_earned": 43078, "borrowed": 3526558, "end_fund": 614517, "end_debt": 220178, "end_net": 394339, "min_fund_any": -3640, "tail_interest": 24266, "true_cost": 7380684, "ballot_questions": 2, "insolvent": false, "tax": { "delta_vs_fy27": 181978, "cents": 7.58, "per_100k_assessed": 76, "per_300k_market": 149 }, "note_articles": 10, "published": { "fy28": 450000, "avg": 523733, "peak": 545000, "total_levies": 7856000, "interest_paid": 311523, "interest_earned": 68834, "borrowed": 1075893, "end_fund": 1894718, "end_debt": 0, "end_net": 1894718, "min_fund_any": -8254, "tail_interest": 0, "true_cost": 5856039, "ballot_questions": 1, "insolvent": false } }, "series": [ { "fy": 2028, "levy": 450000, "ds_levy": 45028, "alloc": { "Asset & Equipment": 306724, "Paving": 78248 }, "ds_funds": 51653, "borrowed": 2395851, "int_paid": 18081, "int_earned": 2392, "fund": 1351237, "debt": 2764151, "net": -1412914, "funds": { "Bridge": 51345, "Town Garage": 24902, "Town Hall Building": 94385, "Court Resurfacing": 18595, "Asset & Equipment": 0, "Paving": 0, "Bond proceeds": 1162010 }, "flood_overlay": 465528 }, { "fy": 2029, "levy": 501000, "ds_levy": 43352, "alloc": { "Asset & Equipment": 355473, "Paving": 71175 }, "ds_funds": 329241, "borrowed": 238593, "int_paid": 112573, "int_earned": 9459, "fund": 1340696, "debt": 2742724, "net": -1402028, "funds": { "Bridge": 51704, "Town Garage": 25076, "Town Hall Building": 75046, "Court Resurfacing": 18725, "Asset & Equipment": 0, "Paving": 0, "Bond proceeds": 1170145 }, "flood_overlay": 465528 }, { "fy": 2030, "levy": 530000, "ds_levy": 41676, "alloc": { "Asset & Equipment": 397149, "Paving": 71175 }, "ds_funds": 382763, "borrowed": 122939, "int_paid": 113636, "int_earned": 9385, "fund": 522190, "debt": 2554860, "net": -2032670, "funds": { "Bridge": 52066, "Town Garage": 25251, "Town Hall Building": 50571, "Court Resurfacing": 18857, "Asset & Equipment": 0, "Paving": 0, "Bond proceeds": 375445 }, "flood_overlay": 465528 }, { "fy": 2031, "levy": 530000, "ds_levy": 0, "alloc": { "Asset & Equipment": 438825, "Paving": 71175 }, "ds_funds": 409573, "borrowed": 0, "int_paid": 106436, "int_earned": 3655, "fund": 146726, "debt": 2251723, "net": -2104997, "funds": { "Bridge": 52431, "Town Garage": 25428, "Town Hall Building": 30925, "Court Resurfacing": 18989, "Asset & Equipment": 0, "Paving": 0, "Bond proceeds": 18953 }, "flood_overlay": 465528 }, { "fy": 2032, "levy": 530000, "ds_levy": 0, "alloc": { "Asset & Equipment": 438825, "Paving": 71175 }, "ds_funds": 407987, "borrowed": 0, "int_paid": 93209, "int_earned": 1027, "fund": 190765, "debt": 1936945, "net": -1746180, "funds": { "Bridge": 52798, "Town Garage": 25606, "Town Hall Building": 2142, "Court Resurfacing": 19121, "Asset & Equipment": 72013, "Paving": 0, "Bond proceeds": 19085 }, "flood_overlay": 288260 }, { "fy": 2033, "levy": 530000, "ds_levy": 0, "alloc": { "Asset & Equipment": 431366, "Town Hall Building": 7459, "Paving": 71175 }, "ds_funds": 406400, "borrowed": 0, "int_paid": 79464, "int_earned": 1335, "fund": 257200, "debt": 1610009, "net": -1352809, "funds": { "Bridge": 53167, "Town Garage": 17285, "Town Hall Building": 9615, "Court Resurfacing": 19255, "Asset & Equipment": 138659, "Paving": 0, "Bond proceeds": 19219 }, "flood_overlay": 0 }, { "fy": 2034, "levy": 530000, "ds_levy": 0, "alloc": { "Asset & Equipment": 434875, "Town Hall Building": 3950, "Paving": 71175 }, "ds_funds": 360464, "borrowed": 0, "int_paid": 65176, "int_earned": 1800, "fund": 378537, "debt": 1314721, "net": -936184, "funds": { "Bridge": 53539, "Town Garage": 17406, "Town Hall Building": 13632, "Court Resurfacing": 19390, "Asset & Equipment": 255216, "Paving": 0, "Bond proceeds": 19354 }, "flood_overlay": 0 }, { "fy": 2035, "levy": 530000, "ds_levy": 0, "alloc": { "Asset & Equipment": 436193, "Town Hall Building": 2632, "Paving": 71175 }, "ds_funds": 301468, "borrowed": 264035, "int_paid": 52540, "int_earned": 2650, "fund": 106816, "debt": 1329828, "net": -1223012, "funds": { "Bridge": 53914, "Town Garage": 17528, "Town Hall Building": -3640, "Court Resurfacing": 19526, "Asset & Equipment": 0, "Paving": 0, "Bond proceeds": 19488 }, "flood_overlay": 0 }, { "fy": 2036, "levy": 530000, "ds_levy": 0, "alloc": { "Asset & Equipment": 435185, "Town Hall Building": 3640, "Paving": 71175 }, "ds_funds": 283857, "borrowed": 96497, "int_paid": 52877, "int_earned": 773, "fund": 111229, "debt": 1195345, "net": -1084116, "funds": { "Bridge": 54292, "Town Garage": 17651, "Town Hall Building": 0, "Court Resurfacing": 19662, "Asset & Equipment": 0, "Paving": 0, "Bond proceeds": 19624 }, "flood_overlay": 0 }, { "fy": 2037, "levy": 530000, "ds_levy": 0, "alloc": { "Asset & Equipment": 338408, "Town Hall Building": 12000, "Paving": 159592 }, "ds_funds": 285246, "borrowed": 211663, "int_paid": 48779, "int_earned": 779, "fund": 200426, "debt": 1170541, "net": -970115, "funds": { "Bridge": 54672, "Town Garage": 17775, "Town Hall Building": 0, "Court Resurfacing": 19800, "Asset & Equipment": 0, "Paving": 88417, "Bond proceeds": 19762 }, "flood_overlay": 0 }, { "fy": 2038, "levy": 530000, "ds_levy": 0, "alloc": { "Asset & Equipment": 400639, "Paving": 109361 }, "ds_funds": 334134, "borrowed": 70820, "int_paid": 49729, "int_earned": 1403, "fund": 240014, "debt": 956956, "net": -716942, "funds": { "Bridge": 55054, "Town Garage": 17899, "Town Hall Building": 0, "Court Resurfacing": 19939, "Asset & Equipment": 0, "Paving": 127222, "Bond proceeds": 19900 }, "flood_overlay": 0 }, { "fy": 2039, "levy": 530000, "ds_levy": 0, "alloc": { "Asset & Equipment": 319962, "Paving": 190038 }, "ds_funds": 350492, "borrowed": 0, "int_paid": 41327, "int_earned": 1680, "fund": 249686, "debt": 647791, "net": -398105, "funds": { "Bridge": 55440, "Town Garage": 18024, "Town Hall Building": 0, "Court Resurfacing": 20078, "Asset & Equipment": 10645, "Paving": 125460, "Bond proceeds": 20039 }, "flood_overlay": 0 }, { "fy": 2040, "levy": 545000, "ds_levy": 0, "alloc": { "Asset & Equipment": 491187, "Town Hall Building": 18813 }, "ds_funds": 350492, "borrowed": 126160, "int_paid": 28237, "int_earned": 1748, "fund": 188354, "debt": 451696, "net": -263342, "funds": { "Bridge": 55828, "Town Garage": 18150, "Town Hall Building": 18813, "Court Resurfacing": 20219, "Asset & Equipment": 0, "Paving": 55164, "Bond proceeds": 20180 }, "flood_overlay": 0 }, { "fy": 2041, "levy": 530000, "ds_levy": 0, "alloc": { "Asset & Equipment": 489475, "Town Hall Building": 20525 }, "ds_funds": 144808, "borrowed": 0, "int_paid": 20896, "int_earned": 1318, "fund": 524863, "debt": 327784, "net": 197079, "funds": { "Bridge": 56219, "Town Garage": 18277, "Town Hall Building": 39469, "Court Resurfacing": 20360, "Asset & Equipment": 344667, "Paving": 25550, "Bond proceeds": 20321 }, "flood_overlay": 0 }, { "fy": 2042, "levy": 530000, "ds_levy": 0, "alloc": { "Asset & Equipment": 505729, "Paving": 4271 }, "ds_funds": 122520, "borrowed": 0, "int_paid": 14914, "int_earned": 3674, "fund": 614517, "debt": 220178, "net": 394339, "funds": { "Bridge": 56612, "Town Garage": 18405, "Town Hall Building": 14746, "Court Resurfacing": 20503, "Asset & Equipment": 483788, "Paving": 0, "Bond proceeds": 20463 }, "flood_overlay": 0 } ], "ballots": [ { "fy": 2028, "item": "Capital program bond (Engine 1, Engine 6, Shady Rill section 1, Tanker)", "amount": 2203838, "kind": "VMBB ballot question (>5-yr)" }, { "fy": 2028, "item": "Caterpillar backhoe", "amount": 43263, "kind": "5-yr note article" }, { "fy": 2028, "item": "Komatsu loader (backlog)", "amount": 148750, "kind": "5-yr note article" }, { "fy": 2029, "item": "Freightliner 6-wheeler dump (backlog)", "amount": 170593, "kind": "5-yr note article" }, { "fy": 2029, "item": "Pickup with plow", "amount": 68000, "kind": "5-yr note article" }, { "fy": 2030, "item": "Kenworth dump truck", "amount": 122939, "kind": "5-yr note article" }, { "fy": 2035, "item": "Capital program bond (Rescue)", "amount": 264035, "kind": "VMBB ballot question (>5-yr)" }, { "fy": 2036, "item": "Grader", "amount": 96497, "kind": "5-yr note article" }, { "fy": 2037, "item": "Freightliner 6-wheeler dump", "amount": 143663, "kind": "5-yr note article" }, { "fy": 2037, "item": "Pickup with plow", "amount": 68000, "kind": "5-yr note article" }, { "fy": 2038, "item": "Kenworth dump truck", "amount": 70820, "kind": "5-yr note article" }, { "fy": 2040, "item": "Komatsu loader", "amount": 126160, "kind": "5-yr note article" } ] }, "P4": { "label": "Full pre-funding ($565k/yr)", "tagline": "A steady $565,000 capital budget: one town Capital Reserve Fund, and no borrowing after FY2031.", "mechanics": "The East Montpelier structure: voters establish one broad Capital Reserve Fund (new money only \u2014 the legacy funds spend down on their own purposes), a single bond covers the engine orders, and every later purchase is cash. It carries the smallest bond of any plan, pays the least interest, and exits 2042 with about $1.27 million of equity.", "ext_series": [ { "fy": 2043, "levy": 243858, "int_paid": 0, "int_earned": 8856, "borrowed": 0, "fund": 970469, "debt": 0, "net": 970469 }, { "fy": 2044, "levy": 243858, "int_paid": 0, "int_earned": 6793, "borrowed": 0, "fund": 1171122, "debt": 0, "net": 1171122 }, { "fy": 2045, "levy": 243858, "int_paid": 0, "int_earned": 8198, "borrowed": 0, "fund": 1067178, "debt": 0, "net": 1067178 }, { "fy": 2046, "levy": 243858, "int_paid": 0, "int_earned": 7470, "borrowed": 0, "fund": 1090007, "debt": 0, "net": 1090007 }, { "fy": 2047, "levy": 243858, "int_paid": 0, "int_earned": 7630, "borrowed": 0, "fund": 1251496, "debt": 0, "net": 1251496 }, { "fy": 2048, "levy": 243858, "int_paid": 0, "int_earned": 8760, "borrowed": 0, "fund": 1434613, "debt": 0, "net": 1434613 }, { "fy": 2049, "levy": 243858, "int_paid": 0, "int_earned": 10042, "borrowed": 0, "fund": 1208014, "debt": 0, "net": 1208014 }, { "fy": 2050, "levy": 243858, "int_paid": 0, "int_earned": 8456, "borrowed": 0, "fund": 1410329, "debt": 0, "net": 1410329 }, { "fy": 2051, "levy": 243858, "int_paid": 0, "int_earned": 9872, "borrowed": 0, "fund": 1305059, "debt": 0, "net": 1305059 }, { "fy": 2052, "levy": 243858, "int_paid": 0, "int_earned": 9135, "borrowed": 0, "fund": 1350302, "debt": 0, "net": 1350302 } ], "summary": { "fy28": 565000, "avg": 566733, "peak": 580000, "total_levies": 8501000, "interest_paid": 680463, "interest_earned": 51415, "borrowed": 2516127, "end_fund": 1265089, "end_debt": 0, "end_net": 1265089, "min_fund_any": -1838, "tail_interest": 0, "true_cost": 7130668, "ballot_questions": 1, "insolvent": false, "tax": { "delta_vs_fy27": 296978, "cents": 12.37, "per_100k_assessed": 124, "per_300k_market": 243 }, "note_articles": 6, "published": { "fy28": 565000, "avg": 566733, "peak": 580000, "total_levies": 8501000, "interest_paid": 196871, "interest_earned": 90990, "borrowed": 815545, "end_fund": 2676526, "end_debt": 0, "end_net": 2676526, "min_fund_any": 0, "tail_interest": 0, "true_cost": 5719231, "ballot_questions": 0, "insolvent": false } }, "series": [ { "fy": 2028, "levy": 565000, "ds_levy": 45028, "alloc": { "Capital Reserve": 499972 }, "ds_funds": 51653, "borrowed": 2242926, "int_paid": 18081, "int_earned": 2392, "fund": 1313313, "debt": 2611226, "net": -1297913, "funds": { "Bridge": 51345, "Town Garage": 24902, "Town Hall Building": 94385, "Court Resurfacing": 18595, "Asset & Equipment": 0, "Paving": 0, "Capital Reserve": 0, "Bond proceeds": 1124086 }, "flood_overlay": 465528 }, { "fy": 2029, "levy": 576000, "ds_levy": 43352, "alloc": { "Capital Reserve": 501648 }, "ds_funds": 346718, "borrowed": 181070, "int_paid": 109170, "int_earned": 9193, "fund": 1302506, "debt": 2511396, "net": -1208890, "funds": { "Bridge": 51704, "Town Garage": 25076, "Town Hall Building": 75046, "Court Resurfacing": 18725, "Asset & Equipment": 0, "Paving": 0, "Capital Reserve": 0, "Bond proceeds": 1131955 }, "flood_overlay": 465528 }, { "fy": 2030, "levy": 565000, "ds_levy": 41676, "alloc": { "Capital Reserve": 503324 }, "ds_funds": 386955, "borrowed": 92131, "int_paid": 106031, "int_earned": 9118, "fund": 483732, "debt": 2280927, "net": -1797195, "funds": { "Bridge": 52066, "Town Garage": 25251, "Town Hall Building": 50571, "Court Resurfacing": 18857, "Asset & Equipment": 0, "Paving": 0, "Capital Reserve": 0, "Bond proceeds": 336987 }, "flood_overlay": 465528 }, { "fy": 2031, "levy": 565000, "ds_levy": 0, "alloc": { "Capital Reserve": 545000 }, "ds_funds": 406648, "borrowed": 0, "int_paid": 96407, "int_earned": 3386, "fund": 145924, "debt": 1970686, "net": -1824762, "funds": { "Bridge": 52431, "Town Garage": 25428, "Town Hall Building": 30925, "Court Resurfacing": 18989, "Asset & Equipment": 0, "Paving": 0, "Capital Reserve": 0, "Bond proceeds": 18151 }, "flood_overlay": 465528 }, { "fy": 2032, "levy": 565000, "ds_levy": 0, "alloc": { "Capital Reserve": 545000 }, "ds_funds": 405062, "borrowed": 0, "int_paid": 82519, "int_earned": 1021, "fund": 227883, "debt": 1648143, "net": -1420260, "funds": { "Bridge": 52798, "Town Garage": 25606, "Town Hall Building": 2142, "Court Resurfacing": 19121, "Asset & Equipment": 0, "Paving": 0, "Capital Reserve": 109938, "Bond proceeds": 18278 }, "flood_overlay": 288260 }, { "fy": 2033, "levy": 565000, "ds_levy": 0, "alloc": { "Capital Reserve": 545000 }, "ds_funds": 403475, "borrowed": 0, "int_paid": 68068, "int_earned": 1595, "fund": 332502, "debt": 1312736, "net": -980234, "funds": { "Bridge": 53167, "Town Garage": 17285, "Town Hall Building": 2157, "Court Resurfacing": 19255, "Asset & Equipment": 0, "Paving": 0, "Capital Reserve": 222232, "Bond proceeds": 18406 }, "flood_overlay": 0 }, { "fy": 2034, "levy": 565000, "ds_levy": 0, "alloc": { "Capital Reserve": 545000 }, "ds_funds": 294846, "borrowed": 0, "int_paid": 53027, "int_earned": 2328, "fund": 554984, "debt": 1070917, "net": -515933, "funds": { "Bridge": 53539, "Town Garage": 17406, "Town Hall Building": 2172, "Court Resurfacing": 19390, "Asset & Equipment": 0, "Paving": 0, "Capital Reserve": 443942, "Bond proceeds": 18535 }, "flood_overlay": 0 }, { "fy": 2035, "levy": 565000, "ds_levy": 0, "alloc": { "Capital Reserve": 545000 }, "ds_funds": 249137, "borrowed": 0, "int_paid": 42720, "int_earned": 3885, "fund": 107795, "debt": 864500, "net": -756705, "funds": { "Bridge": 53914, "Town Garage": 17528, "Town Hall Building": 0, "Court Resurfacing": 19526, "Asset & Equipment": 0, "Paving": 0, "Capital Reserve": -1838, "Bond proceeds": 18665 }, "flood_overlay": 0 }, { "fy": 2036, "levy": 565000, "ds_levy": 0, "alloc": { "Capital Reserve": 545000 }, "ds_funds": 210508, "borrowed": 0, "int_paid": 34264, "int_earned": 767, "fund": 124055, "debt": 688256, "net": -564201, "funds": { "Bridge": 54292, "Town Garage": 17651, "Town Hall Building": 0, "Court Resurfacing": 19662, "Asset & Equipment": 0, "Paving": 0, "Capital Reserve": 13655, "Bond proceeds": 18795 }, "flood_overlay": 0 }, { "fy": 2037, "levy": 565000, "ds_levy": 0, "alloc": { "Capital Reserve": 545000 }, "ds_funds": 189608, "borrowed": 0, "int_paid": 27530, "int_earned": 868, "fund": 132316, "debt": 526178, "net": -393862, "funds": { "Bridge": 54672, "Town Garage": 17775, "Town Hall Building": 0, "Court Resurfacing": 19800, "Asset & Equipment": 0, "Paving": 0, "Capital Reserve": 21142, "Bond proceeds": 18927 }, "flood_overlay": 0 }, { "fy": 2038, "levy": 565000, "ds_levy": 0, "alloc": { "Capital Reserve": 545000 }, "ds_funds": 189608, "borrowed": 0, "int_paid": 21047, "int_earned": 926, "fund": 280133, "debt": 357617, "net": -77484, "funds": { "Bridge": 55054, "Town Garage": 17899, "Town Hall Building": 0, "Court Resurfacing": 19939, "Asset & Equipment": 0, "Paving": 0, "Capital Reserve": 168182, "Bond proceeds": 19059 }, "flood_overlay": 0 }, { "fy": 2039, "levy": 565000, "ds_levy": 0, "alloc": { "Capital Reserve": 545000 }, "ds_funds": 189608, "borrowed": 0, "int_paid": 14305, "int_earned": 1961, "fund": 485972, "debt": 182314, "net": 303658, "funds": { "Bridge": 55440, "Town Garage": 18024, "Town Hall Building": 0, "Court Resurfacing": 20078, "Asset & Equipment": 0, "Paving": 0, "Capital Reserve": 373237, "Bond proceeds": 19193 }, "flood_overlay": 0 }, { "fy": 2040, "levy": 580000, "ds_levy": 0, "alloc": { "Capital Reserve": 545000 }, "ds_funds": 189608, "borrowed": 0, "int_paid": 7294, "int_earned": 3402, "fund": 496016, "debt": 0, "net": 496016, "funds": { "Bridge": 55828, "Town Garage": 18150, "Town Hall Building": 0, "Court Resurfacing": 20219, "Asset & Equipment": 0, "Paving": 0, "Capital Reserve": 382492, "Bond proceeds": 19327 }, "flood_overlay": 0 }, { "fy": 2041, "levy": 565000, "ds_levy": 0, "alloc": { "Capital Reserve": 545000 }, "ds_funds": 0, "borrowed": 0, "int_paid": 0, "int_earned": 3472, "fund": 1014487, "debt": 0, "net": 1014487, "funds": { "Bridge": 56219, "Town Garage": 18277, "Town Hall Building": 0, "Court Resurfacing": 20360, "Asset & Equipment": 0, "Paving": 0, "Capital Reserve": 900169, "Bond proceeds": 19462 }, "flood_overlay": 0 }, { "fy": 2042, "levy": 565000, "ds_levy": 0, "alloc": { "Capital Reserve": 545000 }, "ds_funds": 0, "borrowed": 0, "int_paid": 0, "int_earned": 7101, "fund": 1265089, "debt": 0, "net": 1265089, "funds": { "Bridge": 56612, "Town Garage": 18405, "Town Hall Building": 0, "Court Resurfacing": 20503, "Asset & Equipment": 0, "Paving": 0, "Capital Reserve": 1149970, "Bond proceeds": 19599 }, "flood_overlay": 0 } ], "ballots": [ { "fy": 2028, "item": "Capital program bond (Engine 1, Engine 6, Tanker)", "amount": 1779484, "kind": "VMBB ballot question (>5-yr)" }, { "fy": 2028, "item": "International 10-wheeler dump (backlog)", "amount": 161692, "kind": "5-yr note article" }, { "fy": 2028, "item": "Caterpillar backhoe", "amount": 153000, "kind": "5-yr note article" }, { "fy": 2028, "item": "Komatsu loader (backlog)", "amount": 148750, "kind": "5-yr note article" }, { "fy": 2029, "item": "Freightliner 6-wheeler dump (backlog)", "amount": 113070, "kind": "5-yr note article" }, { "fy": 2029, "item": "Pickup with plow", "amount": 68000, "kind": "5-yr note article" }, { "fy": 2030, "item": "Kenworth dump truck", "amount": 92131, "kind": "5-yr note article" } ] } } }