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HomeMy Public PortalAboutFiscal Year 2023 Proposed Annual Budget ' . �,1. .` n• � �� Y-}/J p CITY OF WATERTOWN ANNUAL ♦ BUDGET 2022-2023 CITY OF WATERTOWN 1630 Office of the City Manager LV" '..i: Administration Building 149 Main Street Watertown,MA 02472 Phone: 617-9 7 2-6465 www.watertown-ma.gov Thomas J. Tracy Acting City Manager TO: Honorable City Council FROM: Thomas J. Tracy, Actin City Manager g Y g DATE: April 26, 2022Al SUBJECT: FISCAL YEAR 2023 BUDGET Pursuant to the provisions of the Watertown Home Rule Charter, I herewith present the Submitted Budget for the Fiscal Year July 1, 2022 through June 30, 2023. In accordance with City Council Resolution 2021-64 regarding the Fiscal Year 2023 Budget Process, the Fiscal Year 2023 Preliminary Budget Overview was presented to the Honorable City Council on October 12, 2021. The Overview included a review of the City's financial condition, Revenue and Expenditure Forecasts and other information relevant to the budget process. The Revenue and Expenditure Forecasts indicated a projected deficit of$1,011,238. During the overview, it was stated we must: • Continue to strive to provide the highest level of essential services possible with the most efficient utilization of resources. • Ensure annual costs of all operations be funded on an annual basis from current revenues. • Not defer maintenance and/or recognition of costs of capital equipment, facilities and infrastructure to future years. • Remain focused on achieving the long-terin goal of sound financial management and fiscal stability. • Present a budget based on sound business practices. Additionally, our Forecast Section remarks on October 12, 2021 outlined the various initiatives that have been accomplished over the last twenty-seven (27) years including examples of an aggressive Capital Improvement Program related to reinvesting in the infrastructure of our community. Two initiatives of note is the City has a fully funded Retirement System on July 1, 2021 and a long-range funding plan has been created beginning in Fiscal Year 2020 for addressing the unfunded Other Post-Employment Benefits (OPEB) Liability. The second initiative is the Building for the Future. Building for the Future is a comprehensive, forward-looking initiative to address learning, operational and capacity improvements for all school facilities. The high school and three elementary schools were identified as high priorities; and therefore, steps were taken to advance the continued development of both projects simultaneously, with the high school on a path for utilizing MSBA assistance and the elementary schools on a non MSBA path. A timeline was presented whereby the potential Three Elementary Schools Project estimated at$170 Million could be completed prior to the high school construction. At the Fiscal Year 2021 Preliminary Budget Overview presentation, a plan was reviewed whereby financing of the Three Elementary Schools Project estimated at$170 Million was included in the Debt and Interest Forecast, all of this to be done within the confines of Proposition 2'/Z and all of this to be done without the need to request debt exclusion financing from the taxpayers of Watertown. Additionally, it was indicated that if the cost of the Three Elementary Schools Project was higher than originally estimated, we would move monies from the projected OPEB appropriations to address the need for additional funding. At the Fiscal Year 2023 Preliminary Budget Overview presentation, a plan was reviewed whereby financing of the New High Schools Project over 30 years at $150 Million (net of$50 Million MSBA grant)was included in the Debt and Interest Forecast, and could be done within the confines of Proposition 2'/z and without the need to request debt exclusion financing from the taxpayers of Watertown. Both of these proposed initiatives, having a fully funded Retirement System on July 1, 2021 and a long-range funding plan for addressing the unfunded Other Post-Employment Benefits (OPEB) Liability and the financing of the Three Elementary Schools Project within the confines of Proposition 2 '/z were incorporated in the Fiscal Year 2020 Budget and funding of these initiatives was continued in the Fiscal Year 2022 Budget and is continued in the Fiscal Year 2023 Budget. Additionally, the financing of the New High School Project is included in the Fiscal Year 2023 Budget. Lastly, the following budget issues were also identified as areas of concern: • COVID-19 Pandemic & Related Budget Issues • Pension Liability & OPEB Liability • Three Elementary Schools Project • High School Project 2 • Collective Bargaining • Uncertainty of Future Local Aid • Capital Improvement Program • Insurance and Employee Benefits Subsequent to the Fiscal Year 2023 Preliminary Budget Overview Presentation, in accordance with Section 5-1 of the Watertown Home Rule Charter and the previously mentioned City Council Resolution on the Fiscal Year 2023 Budget Process, the Honorable City Council met several times and developed Fiscal Year 2023 Budget Policy Guidelines that were subsequently adopted on November 23, 2021. The following are the top two priorities of the ranked Cost-Savings/Revenues Guidelines and the top six priorities of the ranked Program Enhancements/Expenditures Guidelines: • Continue to proceed with the guidelines of the Strategic Framework for Economic Development, with the long-term goal to promote a diversified and growing tax base. • Continue pursuing mitigation monies and/or other measures for larger scale projects. • Continue support for Building for the Future Initiative funding in collaboration with the School Building Committee, for the Three Elementary Schools project, and for the MSBA High School project, without debt exclusion funding. • Continue to work collaboratively with the Watertown Public Schools to develop a comprehensive multi-year educational budget that assures sustainable funding for our schools and the successful education of our children, and seek to accommodate a FY23 Education appropriation that will provide level-service funding for our schools. • Improve the operational efficiency, flexibility, and capacity of the Public Works Department to meet the City's growing needs to manage contractors,respond to work order requests, oversee development projects,plan and implement infrastructure improvements, improve communications to residents about road construction, comply with the MassDEP 2030 Solid Waste Management Plan, and maintain complete streets infrastructure. Consider what technology platforms are needed to support the Department. • Update the five-year plan and funding schedule for the integrated improvements of the City's streets and sidewalks, water- sewer-stormwater infrastructure, and underground utilities. The plan should show status of ongoing projects, identify future 3 projects including those with no funding source, identify sources of stormwater and sewage outflow to the Charles River, and coordination with water-sewer-stormwatcr projects and underground utility projects. • With the creation of the Acquisition of Land/Open Space Stabilization Fund, continue working on plans with the City Council to meet the identified and ongoing need for acquisition of land for open space and recreational use; including proposals submitted to the Community Preservation Committee. • Continue to work with the Watertown Transportation Management Association to identify sustainable sources of funding, including tax revenue if needed, for the shuttle bus program in Watertown. COVID-19 Pandemic As we are all aware, we have been and are living in an unprecedented times where our world, our nation and our community, has been and is faced with the threat of an international pandemic known as COVID-19. As of April 21, 2022, Watertown has a total of 6,386 confirmed and probable COVID-19 cases, including 67 recorded deaths. Watertown COVID-19 Case age Distribution' 19 20-29 30-39 40-49 50-59 60-69 70 and Unknown/no Total and over age under recorded 1,262 1,206 1,331 822 740 533 490 2 6,386 1There is a difference between the Commonwealth's reported numbers and what the Watertown Board of Health can confirm through the Massachusetts VIRTUAL Epidemiologic Network(MAVEN). All of our City employees are incredibly committed to ensuring the City can safely meet the needs of our community. At the same time the City is doing everything we can to also protect our employees' safety. All departments have implemented vigorous social distancing and hygiene protocols. We are so grateful for all of our employees' efforts under difficult circumstances. The members of the Honorable City Council continue to be available to help all residents and to provide updates/information to protect the health and safety of all the residents of Watertown. ' There is a difference between the Commonwealth's reported numbers and what the Watertown Board of Health can confirm through the Massachusetts Virtual Epidemiologic Network(MAVEN). 4 I want to thank all of the members of our community for your cooperation and efforts to date; and for your continued actions to limit the spread of COVID-19. Watertown is a resilient community and we are and remain all in this together. We will continue to support each other and stay strong, Watertown Strong! The "CARES Act" The federal Coronavirus Aid, Relief, and Economic Security Act (the "CARES Act") includes funds for Massachusetts governments to use to pay costs incurred in responding to the COVID-19 outbreak. The City received $3,169,982 during the Fall of 2020. Under federal law, eligible uses of the "CARES Act" monies must meet three conditions. They must be: 1. "Necessary expenditures incurred due to the public health emergency with respect to ... COVID-19" a. Funds may not be used to substitute for lost revenue 2.Not budgeted as of March 27, 2020 when the CARES Act was enacted a. May not supplant state or municipal spending 3. Incurred on or after March 1, 2020, up to December 30, 2021 The City utilized the Cares Act monies in accordance with the statute. These funds were used for free resident COVID-19 testing, employee COVID-19 testing, vaccinations clinics, related technology upgrades, PPE for City employees,building alterations, and COVID-19 related overtime. American Rescue Plan Act (ARPA) On March 11, 2021, President Biden signed the American Rescue Plan. The $1.9 trillion federal aid package creates new state and local coronavirus relief funds, with $220 billion going to states, tribal governments and territories, and $130 billion going directly to municipal and county governments. The Massachusetts Municipal Association's analysis concludes that Massachusetts cities and towns would receive more than $2 billion in direct aid. Watertown is expected to receive $10.5 million in ARPA Funds. The funds from the American Rescue Plan will be provided in two blocks, in 2021 and 2022, and will be available for use through 2024. The U.S. Treasury Department provided specific guidance on the allowable uses of the funds. The Honorable City Council, and more specifically the BFO, has begun the process to determine how best to use these funds. 5 Given the above, these funds have not been incorporated in the Fiscal Year 2023 Budget. Marijuana Mitigation Stabilization Fund The City has Host Community Agreements (HCA) for three (3) sites in accordance with the provisions of G.L. c.94G, §3(d). Our recommendation will be to establish a Marijuana Mitigation Stabilization Fund to hold annual Community Impact Fee monies received from each HCA in the Stabilization Fund until the City is ready to appropriate for a specific purpose. The related Cannabis Excise Tax will be General Fund Revenue. The Submitted Fiscal Year 2023 Budget utilizes $500,000 of projected Cannabis Excise Tax Revenue. Bond Market On November 7, 2013, Standard&Poor's Ratings Services, a municipal bond credit rating agency, upgraded the City's long-term rating from `AA+' to `AAA', the highest rating attainable. The rating agency cited the following factors in the bond upgrade: • Very strong economy • Very strong budgetary flexibility • Strong budgetary performance • Very strong liquidity • Strong management conditions • Very strong debt and contingent liability position, driven mostly by the City's low net direct debt, and plans to address its unfunded pension and other postemployment benefits (OPEB) liabilities. On March 30, 2016, the City received competitive bids from bond underwriters for a$5,660,000 9-year General Obligation Municipal Purpose Loan of 2016 bonds and a$1,706,800, 32-day Bond Anticipation Note issue. The winning bid on the bonds was a net interest rate of 1.118%; and the winning bid on the notes was a net interest rate of.700%. Prior to the bond sale, Standard & Poor's Rating Service affirmed the City's "AAA"long-term bond rating and assigned its SP-1+ to the notes. Both of these ratings are the highest attainable. On April 13, 2017, Moody's Investor Services, another municipal bond credit rating agency, upgraded the City's long-term rating from Aa2 to Aal, the second highest rating attainable. The rating agency cited the following factors in the bond upgrade: • Trend of structurally balanced operations driving healthy reserves • Tax base expansion with above average wealth and income levels • Aggressive funding of pension liability with an expected funding date of 2019 6 On January 18, 2018, the City received competitive bids from bond underwriters for a$7,885,000 14-year General Obligation Municipal Purpose Loan of 2018 bonds. The winning bid on the bonds was a net interest rate of 1.896%. Prior to the bond sale, Standard &Poor's Rating Service affirmed the City's "AAA"long-term bond rating. On June 18, 2019, the City received competitive bids from bond underwriters for a$4,835,000, 10-year General Obligation Bond Issue. The winning bid on the bonds was an average interest rate of 1.384%. Prior to the bond sale, Standard &Poor's Rating Service affirmed the City's "AAA" long-term bond rating. On June 16, 2020, the City received competitive bids from bond underwriters for a $ 15,625,000, 20-year General Obligation Bond Issue and a $ 6,232,738, 359-day Bond Anticipation Note Issue. The winning bid on the bonds was a net interest rate of 1.471 % and the winning bid on the notes with a net interest cost of 0.437 %. On January 26, 2021, the City received competitive bids from bond underwriters for a$ 59,360,000, 20-year General Obligation Bond Issue related to financing the construction of a new Hosmer& Cunniff Elementary Schools. The winning bid on the bonds was a net interest rate of 1.343 %. Additionally, a Net Premium of$ 7,215,000 will be applied to the project costs and thereby lowering the Bond issue to $52,145,000. On April 14, 2021, the City received competitive bids from bond underwriters for a $ 43,783,800, 20-year General Obligation Bond Issue related to financing the construction of a new Hosmer& Cunniff Elementary Schools, street and sidewalk improvements, Middle School renovations, purchase of a new Fire Department ambulance, Public Safety Radio System Infrastructure and Administration Building Elevator improvements. The winning bid on the bonds was an average interest rate of 1.466 %. Additionally, a Net premium of$ 4,693,800 will be applied to the project costs and thereby lowering the Bond Issue to $39,090,000. On April 5, 2022, Standard&Poor's (S &P's) Rating Services assigned its AAA long-term rating to an upcoming General Obligation (GO) Bond Sale totaling $12.3 million. At the same time, S &P's affirmed its SP-1+ short-term rating on Watertown's existing bond anticipation notes (BANs) and AAA Long-term rating on the City's existing GO debt. These rating are S &P's highest existing ratings. The Rating reflects their opinion of the City's: • Very strong local economy with access to the Boston metropolitan statistical area • Good financial-management policies and practices • Stable budgetary performance with very strong liquidity and budgetary flexibility, and • Manageable long-term costs with a fully funded pension system 7 On April 12, 2022, the City received 8 competitive bids from bond underwriters for a$12,320,000, 30-year General Obligation Bond Issue related to the purchase of various Highway and Snow and Ice vehicles, Highway Connector& Throughway improvements, Replacement of the Chiller for the Administration Building, purchase of a new Fire Department Ladder Truck, Phase 2 of the Public Safety Radio System Infrastructure, Under-ground Duct work and Replacement of the City's Water Meters. The winning bid on the bonds was an average interest rate of 2.475%. Additionally, a Net premium of$1,449,794.58 will be applied to the cost of borrowing and used to reduce the bond issue to $11,080,000. As indicated above, the City will continue to utilize bond monies to finance infrastructure improvements and it is imperative to continue the City's commitment to sound financial management and fiscal stability. Given the projected increases in expenditures for Fiscal Year 2023 through Fiscal Year 2027 as well as the uncertainty of Local Aid and Economy Driven Revenues, the size of significant items contained within the Capital Improvement Program, I respectfully urge that all discussions and decisions regarding the Submitted Fiscal Year 2023 Budget take into consideration all of the above factors and their impact on the budgets for the next several fiscal years. Community Preservation Act (CPA) The Community Preservation Act(Mass General Law Chapter 44B) was enacted by the state legislature in 2000. The law allows municipalities within Massachusetts to raise monies through a surcharge, of up to 3% of the real estate tax levy, on real property. The state, through its CPA Trust Fund, augments local CPA revenues annually. CPA funds may be used only to: • Acquire, create and preserve open space • Acquire, create, rehabilitate and preserve land for recreational use • Acquire, rehabilitate and preserve historic resources, and • Acquire, create,preserve and support community housing The Community Preservation Act with a 2% surcharge was approved by Watertown voters on November 8, 2016. On June 26, 2018, the Honorable City Council adopted Ordinance#2018-59 "An Ordinance Establishing A Community Preservation Committee" (httos://www.watertown-ma.aov/DocumentCenterNiew/25895/2018-06-26--CPC-Ordinance-Sinned?bidld=) As a follow-up, on December 7, 2018 a Request for Confirmation of 4 Watertown citizens was submitted to the Honorable City Council and these appointments were subsequently confirmed in January 2019. 8 The current members of the Community Preservation Committee (CPC) are as follows: Jonathan M. Bockian Jason D. Cohen, Planning Board Designee Robert F. Dirico, Board of Park Commissioners Dennis J. Duff Allen Gallagher, Housing Authority Designee Mark Kraczkiewicz, Chair Jamie O'Connell, Conservation Commission Designee Matthew Walter, Historical Commission Designee Elodia Thomas The first meeting of the CPC was held on February 21, 2019, and they have held regularly scheduled monthly meetings and special meetings. Additionally, there has been considerable community outreach with one well-attended public forum, three stakeholders focus groups, an interactive engagement website, and a community survey. The CPC initiated a required planning process on November 4, 2019. As a requirement, an annual budget is adopted in each year which requires a set-aside minimum of 10% to each of the three required categories (housing, historic preservation, open space/recreation) with up to 5% of the total allowed for administration. The remainder has been unassigned which allows for it to be used for any of the categories. Budgeting and accounting for the CPA funds has been done within a Special Revolving Fund and is not included in the Fiscal Year 2023 Submitted Budget. The CPC held a public hearing on May 20, 2021, concluding its planning process before formally adopting the Community Preservation 5-Year Plan. After adoption of the plan, the CPC will begin the next phase of its program by accepting funding applications with full funding applications due in December. The CPC anticipates making recommendations to the Honorable City Council regarding projects to be funded in the spring of 2022. Infrastructure Investment Incentive Program (I-Cubed) On July 14, 2017, Watertown and Athena submitted a joint application to the Commonwealth for approval of the I-Cubed Projects. The I-Cubed program was expected to provide up to $25 million of state funding to improve publicly owned infrastructure around Athena's Arsenal campus and would have been paid for by state tax revenues generated from the creation of jobs at Athena in Watertown. Unfortunately, AthenaHealth was never able to achieve final approval by the Commonwealth for the project to proceed. Through project mitigation and MassWorks grant, several parts of the original project will be constructed, including improvements to Arsenal Street corridor, School Street and Dexter Avenue intersection, and sewer and water infrastructure through the Greenough Boulevard corridor. 9 State Aid On October 12, 2021, during the Fiscal Year 2023 Preliminary Budget Overview Presentation, the Fiscal Year 2023 State Aid Revenue amount was projected at $13,482,722, which is the revised Fiscal Year 2022 Budget amount. The projected Fiscal Year 2023 State Aid is $14,243,029 which is $760,307 above the revised Fiscal Year 2022 Budget amount. The above-mentioned projected increase is based upon recommendations contained in the House Ways and Means Committee budget (HWM). If the Fiscal Year 2023 State Aid Revenue changes, adjustments will be made at that time. In light of the complexity of issues regarding the finalization of a proposed budget, and in order to afford the opportunity to further analyze all aspects of the budget, the Honorable City Council, in accordance with the Watertown Home Rule Chatter, voted on March 22, 2022 to extend the April 12th budget submission deadline by two weeks. The Honorable City Council's action was greatly appreciated. The following tables titled"Fiscal Year 2017, 2018 , 2019, 2020, 2021, 2022 & 2023 Budget Presentation Summary"represent the background and the progression of the Fiscal Year 2022 Budget development. A chart is also included on the ninth table outlining spending from Fiscal Year 2016 up to and including the Submitted Fiscal Year 2023 Budget. 10 FISCAL YEAR 2017 BUDGET PRESENTATION SUMMARY FINAL FINAL VARIANCE FY 2016 FY 2017 FY 17 BUDGET BUDGET TOFY16 REVENUE: TAXES $ 90,000,507 73.50% $ 94,833,185 74.35% $ 4,832,678 5.37% STATE AID $ 11,698,728 9.55% $ 12,110,620 9.50% $ 411,892 3.52% LOCAL RECEIPTS $ 10,310,240 8.42% $ 12,338,014 9.67% $ 2,027,774 19.67% OTHER FINANCING SOURCES $ 10,446,953 8.53% $ 8,264,097 6.48% $ 2,182,856 -20.89% TOTAL REVENUE $ 122,456,428 100% $ 127,545,916 100% $ 5,089,488 4.16% EXPENDITURES: EDUCATION APPROPRIATION $ 41,452,000 33.85% $ 43,577,000 34.17% $ 2,125,000 5.13% EDUCATION 1 TIME CURRICULUM $ 375,000 0.31% $ 375,000 0.29% $ - 0.00% EDUCATION SUB-TOTAL $ 41,827,000 34.16% $ 43,952,000 34.46% $ 2,125,000 5.08% TOWN DEPTS. APPROPRIATIONS $ 35,335,251 28.86% $ 33,236,580 26.06% $ (2,098,671) -5.94% WASTE DISPOSAL $ 2,967,835 2.42% $ 3,062,052 2.40% $ 94,217 3.17% SNOW& ICE $ 1,031,000 0.84% $ 1,902,277 1.49% $ 871,277 84.51% STATE ASSESSMENTS $ 2,448,681 2.00% $ 2,515,878 1.97% $ 67,197 2.74% PENSION COSTS $ 13,851,481 11.31% $ 15,401,884 12.08% $ 1,550,403 11.19% INSURANCE & EMPLY. BENEFITS $ 14,674,077 11.98% $ 14,605,960 11.45% $ (68,117) -0.46% DEBTAND INTEREST $ 7,498,434 6.12% $ 7,413,262 5.81% $ (85,172) -1.14% CAPITAL PROJECTS & OFU $ 2,822,669 2.31% $ 5,456,023 4.28% $ 2,633,354 93.29% TOTAL EXPENDITURES $ 122,456,428 100% $ 127,545,916 100% $ 5,089,488 4.16% PROJECTED SURPLUS/(DEFICIT) $ - $ - $ - 11 FISCAL YEAR 2018 BUDGET PRESENTATION SUMMARY FINAL FINAL VARIANCE FY 2017 FY 2018 FY 18 BUDGET BUDGET TO FY17 REVENUE: TAXES $ 94,833,185 74.35% $ 100,290,991 75.66% $ 5,457,806 5.76% STATE AID $ 12,110,620 9.50% $ 12,738,266 9.61% $ 627,646 5.18% LOCAL RECEIPTS $ 12,338,014 9.67% $ 12,435,607 9.38% $ 97,593 0.79% OTHER FINANCING SOURCES $ 8,264,097 6.48% $ 7,089,556 5.35% $ (1,174,541) -14.21% TOTAL REVENUE $ 127,545,916 100% $ 132,554,420 100% $ 5,008,504 3.93% EXPENDITURES: EDUCATION APPROPRIATION $ 43,577,000 34.17% $ 45,551,858 34.36% $ 1,974,858 4.53% EDUCATION 1 TIME CURRICULUM $ 375,000 0.29% $ - 0.00% $ (375,000) -100.00% EDUCATION SUB-TOTAL $ 43,952,000 34.46% $ 45,551,858 34.36% $ 1,599,858 3.64% TOWN DEPTS. APPROPRIATIONS $ 33,236,580 26.06% $ 35,072,051 26.46% $ 1,835,471 5.52% WASTE DISPOSAL $ 3,062,052 2.40% $ 3,013,658 2.27% $ (48,394) -1.58% SNOW& ICE $ 1,902,277 1.49% $ 1,874,736 1.41% $ (27,541) -1.45% STATE ASSESSMENTS $ 2,515,878 1.97% $ 2,650,379 2.00% $ 134,501 5.35% PENSION COSTS $ 15,401,884 12.08% $ 16,939,961 12.78% $ 1,538,077 9.99% INSURANCE & EMPLY. BENEFITS $ 14,605,960 11.45% $ 14,771,601 11.14% $ 165,641 1.13% DEBTAND INTEREST $ 7,413,262 5.81% $ 8,464,158 6.39% $ 1,050,896 14.18% CAPITAL PROJECTS & OFU $ 5,456,023 4.28% $ 4,216,018 3.18% $ (1,240,005) -22.73% TOTAL EXPENDITURES $ 127,545,916 100% $ 132,554,420 100% $ 5,008,504 3.93% PROJECTED SURPLUS/(DEFICIT) $ - $ - $ - 12 FISCAL YEAR 2019 BUDGET PRESENTATION SUMMARY FINAL FINAL VARIANCE FY 2018 FY 2019 FY 19 BUDGET BUDGET TO FY18 REVENUE: TAXES $ 100,290,991 75.66% $ 108,548,765 76.32% $ 8,257,773 8.23% STATE AID $ 12,738,266 9.61% $ 12,321,277 8.66% $ (416,989) -3.27% LOCAL RECEIPTS $ 12,435,607 9.38% $ 12,828,643 9.02% $ 393,036 3.16% OTHER FINANCING SOURCES $ 7,089,556 5.35% $ 8,525,380 5.99% $ 1,435,824 20.25% TOTAL REVENUE $ 132,554,420 100% $ 142,224,065 100% $ 9,669,645 7.29% EXPENDITURES: EDUCATION APPROPRIATION $ 45,551,858 34.36% $ 48,039,451 33.78% $ 2,487,593 5.46% TOWN DEPTS. APPROPRIATIONS $ 35,072,051 26.46% $ 37,004,507 26.02% $ 1,932,456 5.51% WASTE DISPOSAL $ 3,013,658 2.27% $ 3,099,162 2.18% $ 85,504 2.84% SNOW& ICE $ 1,874,736 1.41% $ 1,564,810 1.10% $ (309,926) -16.53% STATE ASSESSMENTS $ 2,650,379 2.00% $ 2,613,656 1.84% $ (36,723) -1.39% PENSION COSTS $ 16,939,961 12.78% $ 18,485,572 13.00% $ 1,545,611 9.12% INSURANCE & EMPLY. BENEFITS $ 14,771,601 11.14% $ 15,254,735 10.73% $ 483,134 3.27% DEBTAND INTEREST $ 8,464,158 6.39% $ 6,175,796 4.34% $ (2,288,362) -27.04% CAPITAL PROJECTS $ 2,288,754 1.73% $ 5,759,059 4.05% $ 3,470,305 151.62% OTHER FINANCING USES $ 1,904,191 1.44% $ 3,519,841 2.47% $ 1,615,650 84.85% TOWN COUNCIL RESERVE $ 23,073 0.02% $ 707,476 0.50% $ 684,403 2966.25% TOTAL EXPENDITURES $ 132,554,420 100% $ 142,224,065 100% $ 9,669,645 7.29% PROJECTED SURPLUS/(DEFICIT) $ - $ - $ - 13 FISCAL YEAR 2020 BUDGET PRESENTATION SUMMARY FINAL FINAL VARIANCE FY 2019 FY 2020 FY 20 BUDGET BUDGET TO FY19 REVENUE: TAXES $ 108,548,765 76.32% $ 116,106,127 77.45% $ 7,557,361 6.96% STATE AID $ 12,321,277 8.67% $ 13,205,612 8.81% $ 884,335 7.18% LOCAL RECEIPTS $ 12,828,643 9.02% $ 13,406,684 8.94% $ 578,041 4.51% OTHER FINANCING SOURCES $ 8,525,380 5.99% $ 7,193,386 4.80% $ 1,331,994 -15.62% TOTAL REVENUE $ 142,224,065 100.00% $ 149,911,809 100% $ 7,687,744 5.41% EXPENDITURES: EDUCATION APPROPRIATION $ 48,039,451 33.78% $ 50,441,424 33.65% $ 2,401,973 5.00% TOWN DEPTS. APPROPRIATIONS $ 37,004,507 26.02% ' $ 38,770,134 25.86% $ 1,765,627 4.77% WASTE DISPOSAL $ 3,099,162 2.18% $ 3,187,237 2.13% $ 88,075 2.84% SNOW & ICE $ 1,564,810 1.10% $ 1,415,000 0.94% $ (149,810) -9.57% STATE ASSESSMENTS $ 2,613,656 1.84% $ 2,717,478 1.81% $ 103,822 3.97% PENSION COSTS $ 18,485,572 13.00% $ 21,196,816 14.14% $ 2,711,244 14.67% INSURANCE & EMPLY. BENEFITS $ 15,254,735 10.73% $ 16,077,026 10.72% $ 822,291 5.39% DEBTAND INTEREST $ 6,175,796 4.34% $ 6,951,511 4.64% $ 775,715 12.56% CAPITAL PROJECTS $ 5,759,059 4.05% $ 6,239,469 4.16% $ 480,410 8.34% OTHER FINANCING USES $ 3,519,841 2.47% $ 2,109,968 1.41% $ (1,409,873) -40.06% TOWN COUNCIL RESERVE $ 707,476 0.50% $ 805,746 0.54% $ 98,270 13.89% TOTAL EXPENDITURES $ 142,224,065 100% $ 149,911,809 100% $ 7,687,744 5.41% PROJECTED SURPLUS/(DEFICIT) $ - $ - $ - 14 FISCAL YEAR 2021 BUDGET PRESENTATION SUMMARY FINAL FINAL VARIANCE FY 2020 FY 2021 FY 21 BUDGET BUDGET TO FY 20 REVENUE: TAXES $ 116,106,127 77.45% $ 122,391,323 74.88% $ 6,285,196 5.41% STATE AID $ 13,205,612 8.82% $ 11,955,612 7.31% $ (1,250,000) -9.47% LOCAL RECEIPTS $ 13,406,684 8.94% $ 12,042,635 7.37% $ (1,364,049) -10.17% OTHER FINANCING SOURCES $ 7,193,386 4.80% $ 17,063,710 10.44% $ 9,870,324 137.21% TOTAL REVENUE $ 149,911,809 100.00% $ 163,453,280 100% $ 13,541,471 9.03% EXPENDITURES: EDUCATION APPROPRIATION $ 50,441,424 33.65% $ 51,937,315 31.78% $ 1,495,891 2.97% TOWN DEPTS. APPROPRIATIONS $ 38,770,134 25.86% $ 40,064,991 24.51% $ 1,294,857 3.34% WASTE DISPOSAL $ 3,187,237 2.13% $ 3,422,265 2.09% $ 235,028 7.37% SNOW & ICE $ 1,415,000 0.94% $ 1,500,000 0.92% $ 85,000 6.01% STATE ASSESSMENTS $ 2,717,478 1.81% $ 2,816,632 1.72% $ 99,154 3.65% PENSION COSTS $ 13,180,613 8.79% $ 14,588,179 8.92% $ 1,407,566 10.68% OPEB $ 8,016,203 5.35% $ 2,379,017 1.46% $ (5,637,186) -70.32% INSURANCE & EMPLY. BENEFITS $ 16,077,026 10.72% $ 16,863,538 10.32% $ 786,512 4.89% DEBT AND INTEREST $ 6,951,511 4.64% $ 7,573,650 4.63% $ 622,139 8.95% CAPITAL PROJECTS $ 6,239,469 4.16% $ 9,463,768 5.79% $ 3,224,299 51.68% OTHER FINANCING USES $ 2,109,968 1.41% $ 12,843,925 7.86% $ 10,733,957 508.73% TOWN COUNCIL RESERVE $ 805,746 0.54% $ - 0.00% $ 805,746 -100.00% TOTAL EXPENDITURES $ 149,911,809 100% $ 163,453,280 100% $ 13,541,471 9.03% PROJECTED SURPLUS/(DEFICIT) $ - $ - $ - 15 FISCAL YEAR 2022 BUDGET PRESENTATION SUMMARY FINAL CURRENT VARIANCE FY 2021 FY 2022 FY 22 BUDGET BUDGET TO FY 21 REVENUE: TAXES $ 122,391,323 74.88% $ 133,418,141 75.56% $ 11,026,818 9.01% STATE AID $ 11,955,612 7.32% $ 13,482,722 7.64% $ 1,527,110 12.77% LOCAL RECEIPTS $ 12,042,635 7.37% $ 16,123,387 9.13% $ 4,080,752 33.89% OTHER FINANCING SOURCES $ 17,063,710 10.44% $ 13,549,947 7.67% $ 3,513,763 -20.59% TOTAL REVENUE $ 163,453,280 100.00% $ 176,574,197 100% $ 13,120,917 8.03% EXPENDITURES: EDUCATION APPROPRIATION $ 51,937,315 31.78% $ 53,755,121 30.44% $ 1,817,806 3.50% TOWN DEPTS. APPROPRIATIONS $ 40,064,991 24.51% $ 42,464,303 24.05% $ 2,399,312 5.99% WASTE DISPOSAL $ 3,422,265 2.09% $ 3,692,300 2.09% $ 270,035 7.89% SNOW & ICE $ 1,500,000 0.92% $ 1,500,000 0.85% $ - 0.00% STATE ASSESSMENTS $ 2,816,632 1.72% $ 3,028,130 1.71% $ 211,498 7.51% PENSION COSTS $ 14,588,179 8.92% $ 7,509,084 4.25% $ (7,079,095) -48.53% OPEB $ 2,379,017 1.46% $ 6,698,124 3.79% $ 4,319,107 181.55% INSURANCE & EMPLY. BENEFITS $ 16,863,538 10.32% $ 18,316,330 10.37% $ 1,452,792 8.61% DEBT AND INTEREST $ 7,573,650 4.63% $ 19,231,365 10.89% $ 11,657,715 153.92% CAPITAL PROJECTS $ 9,463,768 5.79% $ 8,483,775 4.80% $ (979,993) -10.36% OTHER FINANCING USES $ 12,843,925 7.86% $ 9,934,675 5.63% $ (2,909,250) -22.65% TOWN COUNCIL RESERVE $ - 0.00% $ 1,960,990 1.11% $ 1,960,990 TOTAL EXPENDITURES $ 163,453,280 100% $ 176,574,197 100% $ 13,120,917 8.03% PROJECTED SURPLUS/(DEFICIT) $ - $ (0) $ (0) 16 FISCAL YEAR 2023 BUDGET PRESENTATION SUMMARY (PART 1) CURRENT MANAGERS VARIANCE FY 2022 PROPOSED FY 23 BUDGET FY 2023 TO FY 22 REVENUE: TAXES $ 133,418,141 75.56% $ 140,728,594 80.51% $ 7,310,454 5.48% STATE AID $ 13,482,722 7.64% $ 14,243,029 8.15% $ 760,307 5.64% LOCAL RECEIPTS $ 16,123,387 9.13% $ 12,710,714 7.27% $ (3,412,673) -21.17% OTHER FINANCING SOURCES $ 13,549,947 7.67% $ 7,106,663 4.07% $ 6,443,284 -47.55% TOTAL REVENUE $ 176,574,197 100% $ 174,789,000 100% $ (1,785,196) -1.01% EXPENDITURES: EDUCATION APPROPRIATION $ 53,755,121 30.44% $ 55,636,550 31.83% $ 1,881,429 3.50% TOWN DEPTS. APPROPRIATIONS $ 42,464,303 24.05% $ 44,360,867 25.38% $ 1,896,564 4.47% WASTE DISPOSAL $ 3,692,300 2.09% $ 4,432,925 2.54% $ 740,625 20.06% SNOW & ICE $ 1,500,000 0.85% $ 1,500,000 0.86% $ - 0.00% STATE ASSESSMENTS $ 3,028,130 1.71% $ 3,164,445 1.81% $ 136,315 4.50% PENSION COSTS $ 7,509,084 4.25% $ 1,125,000 0.64% $ (6,384,084) -85.02% OPEB $ 6,698,124 3.79% $ 13,709,426 7.84% $ 7,011,302 104.68% INSURANCE & EMPLY. BENEFITS $ 18,316,330 10.37% $ 19,129,850 10.94% $ 813,520 4.44% DEBT AND INTEREST $ 19,231,365 10.89% $ 22,946,963 13.13% $ 3,715,598 19.32% CAPITAL PROJECTS $ 8,483,775 4.80% $ 2,683,920 1.54% $ (5,799,855) -68.36% OTHER FINANCING USES $ 9,934,675 5.63% $ 3,947,055 2.26% $ (5,987,620) -60.27% TOWN COUNCIL RESERVE $ 1,960,990 1.11% $ 2,152,000 1.23% $ 191,010 9.74% TOTAL EXPENDITURES $ 176,574,197 100% $ 174,789,000 100% $ (1,785,197) -1.01% PROJECTED SURPLUS/(DEFICIT) $ (0) $ (0) $ 0 17 FISCAL YEAR 2023 BUDGET PRESENTATION SUMMARY (PART 2) PRE-OVERVIEW OCT. 2021 MANAGERS VARIANCE PROJECTED PROPOSED PROPOSED FY 2023 FY 2023 TO PROJECTED REVENUE: TAXES $ 140,677,505 81.50% $ 140,728,594 80.51% $ 51,089 0.04% STATE AID $ 13,482,722 7.81% $ 14,243,029 8.15% $ 760,307 5.64% LOCAL RECEIPTS $ 11,629,887 6.74% $ 12,710,714 7.27% $ 1,080,827 9.29% OTHER FINANCING SOURCES $ 6,822,392 3.95% $ 7,106,663 4.07% $ 284,271 4.17% TOTAL REVENUE $ 172,612,506 100% $ 174,789,000 100% $ 2,176,494 1.26% EXPENDITURES: EDUCATION APPROPRIATION $ 55,636,550 32.04% $ 55,636,550 31.83% $ - 0.00% TOWN DEPTS. APPROPRIATIONS $ 43,294,261 24.94% $ 44,360,867 25.38% $ 1,066,606 2.46% WASTE DISPOSAL $ 3,876,915 2.23% $ 4,432,925 2.54% $ 556,010 14.34% SNOW & ICE $ 1,500,000 0.86% $ 1,500,000 0.86% $ - 0.00% STATE ASSESSMENTS $ 3,109,887 1.79% $ 3,164,445 1.81% $ 54,558 1.75% PENSION COSTS $ 1,140,525 0.66% $ 1,125,000 0.64% $ (15,525) -1.36% OPEB $ 11,372,981 6.55% $ 13,709,426 7.84% $ 2,336,445 20.54% INSURANCE & EMPLY. BENEFITS $ 19,610,247 11.29% $ 19,129,850 10.94% $ (480,397) -2.45% DEBT AND INTEREST $ 25,957,996 14.95% $ 22,946,963 13.13% $ (3,011,033) -11.60% CAPITAL PROJECTS $ 1,928,920 1.11% $ 2,683,920 1.54% $ 755,000 39.14% OTHER FINANCING USES $ 4,345,462 2.50% $ 3,947,055 2.26% $ (398,407) -9.17% TOWN COUNCIL RESERVE $ 1,850,000 1.07% $ 2,152,000 1.23% $ 302,000 16.32% TOTAL EXPENDITURES $ 173,623,744 100% $ 174,789,000 100% $ 1,165,256 0.67% PROJECTED SURPLUS/(DEFICIT) $ (1,011,238) $ (0) $ 1,011,238 18 FISCAL YEAR 2023 BUDGET PRESENTATION SUMMARY (PART 3) FINAL MANAGER"S VARIANCE VARIANCE AVERAGE FY 2016 PROPOSED FY 23 %FY 23 ANNUAL % BUDGET FY 2023 TO FY 16 TO FY 16 INC. OR DEC. REVENUE: TAXES $ 90,000,507 73.50% $ 140,728,594 80.51% $ 50,728,087 56.36% 8.05% STATE AID $ 11,698,728 9.55% $ 14,243,029 8.15% $ 2,544,301 21.75% 3.11% LOCAL RECEIPTS $ 10,310,240 8.42% $ 12,710,714 7.27% $ 2,400,474 23.28% 3.33% OTHER FINANCING SOURCES $ 10,446,953 8.53% $ 7,106,663 4.07% $ 3,340,290 -31.97% -4.57% TOTAL REVENUE $ 122,456,428 100% $ 174,789,000 100% $ 52,332,572 42.74% EXPENDITURES: EDUCATION APPROPRIATION $ 41,827,000 34.16% $ 55,636,550 31.83% $ 13,809,550 33.02% 4.72% TOWN DEPTS. APPROPRIATIONS $ 35,335,251 28.86% $ 44,360,867 25.38% $ 9,025,616 25.54% 3.65% WASTE DISPOSAL $ 2,967,835 2.42% $ 4,432,925 2.54% $ 1,465,090 49.37% 7.05% SNOW &ICE $ 1,031,000 0.84% $ 1,500,000 0.86% $ 469,000 45.49% 6.50% STATE ASSESSMENTS $ 2,448,681 2.00% $ 3,164,445 1.81% $ 715,764 29.23% 4.18% PENSION COSTS $ 13,851,481 11.31% $ 1,125,000 0.64% $ (12,726,481) -91.88% -13.13% OPEB $ - 0.00% $ 13,709,426 7.84% $ 13,709,426 0.00% INSURANCE & EMPLY. BENEFITS $ 14,674,077 11.98% $ 19,129,850 10.94% $ 4,455,773 30.36% 4.34% DEBT AND INTEREST $ 7,498,434 6.12% $ 22,946,963 13.13% $ 15,448,529 206.02% 29.43% CAPITAL PROJECTS $ 2,019,841 1.65% $ 2,683,920 1.54% $ 664,079 32.88% 4.70% OTHER FINANCING USES $ 802,828 0.66% $ 3,947,055 2.26% $ 3,144,227 391.64% 55.95% TOWN COUNCIL RESERVE $ - 0.00% $ 2,152,000 1.23% $ 2,152,000 TOTAL EXPENDITURES I $ 122,456,428 100% $ 174,789,000 100% $ 52,332,572 42.74% PROJECTED SURPLUS/(DEFICIT) $ - $ (0) $ (0) 19 Fully Funded Retirement System When the City paid the Retirement System the Fiscal Year 2022 appropriation of$7,459,084 on July 1, 2021, the City had paid off its unfunded liability based upon an independent actuary evaluation as of January 1, 2021. The Retirement Board, working with City Administration and BFO, will monitor the Retirement's System Funding status on an annual basis. The Retirement Board is planning an independent actuary evaluation as of January 1, 2022. During calendar year 2021 the Retirement System had a 16.2%positive return. In the event of an economic downturn the City has $5,000,000 in an Unfunded Pension Liability Stabilization Fund. Consideration will be and should be given as we end Fiscal Year 2022 to transfer additional monies into this Stabilization Fund. Fiscal Year 2023 New Positions, Program Initiatives and Budget Highlights The following are new positions included in the Fiscal Year 2023 Budget • Conservation Agent—Community Development & Planning • Project Manager—Public Buildings • Police Sergeant—Working on POST Policies and Training • Clerk—Police—Working on POST Policies and Training • Fire Captain—Laboratory Safety Officer/Assistant Emergency Management Director • Children's Librarian—Library • Additional Recreation Supervisor The following is a list of continued program initiatives that are contained within the Fiscal Year 2023 Budget. • Very Strong Commitment to Education • Enhanced Funding of OPEB Liability • Community Policing including 71 Police Officers/2 Mental Health Clinicians • Fire Department Sworn Personnel Levels at 88 • City Capital Projects Funding • Roadway Reconstruction and Resurfacing Projects • Sidewalk Repair& Replacement Program • Tree Management & Street Tree Replanting Program • Automated Trash Collection & Single Stream Recycling • Participation in the Minuteman Household Product Facility • Additional Funding of Public Health Nursing Services 20 • Social Services Resource Program • Community Wellness Program • Resources for Project Literacy&the HATCH Program The following are the highlights of the Fiscal Year 2023 Budget: • Affordable Housing Trust The Housing Plan adopted by the City of Watertown on March 23, 2021 documented the need to create and preserve more affordable housing within the City. The Watertown Housing Partnership recommended the formation of a municipal affordable housing trust under M.G.L. c. 44, §55C to establish a trust to facilitate the creation and preservation of affordable housing within the City of Watertown for the benefit of low-to-moderate-income households and for the funding of community housing. On November 23, 2021 the Honorable City Council adopted the attached City Council Ordinance 2021-89, An Ordinance to Accept the Provisions of M.G.L. C. 44, §55c to Establish a Trust to Facilitate the Creation and Preservation of Affordable Housing within the City of Watertown. As a follow-up, on April 12, 2022 a Request for Confirmation of 6 Watertown citizens was submitted to the Honorable City Council to become the first Trustees of Watertown's Affordable Housing Trust. In order to assist the Trustees and to have the Trust have some workable capital, the Proposed Fiscal Year 2023 Budget includes $250,000 to be transferred to the Trust. • Solid Waste and Recycling Advisory Committee/Organic Composting Program The Honorable City Council adopted Resolution 2022-01, a Resolution to Establish a Solid Waste and Recycling Advisory Committee at their January 11, 2022 meeting. The City of Watertown has established a Solid Waste and Recycling Advisory Committee in response to the Massachusetts Department of Environmental Protection's aggressive goals of the Commonwealth's Solid Waste Master Plan to reduce disposal statewide by 30 percent from 2020 to 2030, and sets a long-term goal of achieving a 90 percent reduction in disposal statewide by 2050. As a follow-up, on April 12, 2022 a Request for Confirmation of 6 Watertown citizens was submitted to the Honorable City Council. Additionally, in order to assist the City in achieving the 30% solid waste diversion goals established by the Commonwealth's Master Plan, the Submitted Fiscal Year 2023 Budget includes $425,000 for a new Organics/Composting Program. The Organics/Composting Program will be offered in conjunction with Black Earth. This is an"opt-in"program at no cost for participating Watertown residents which will include curbside pick-up, start-up kits and totes. 21 0 Salary Study Funding The Proposed Fiscal Tear 2023Budget includes $35,000 in order to have an independent study and analysis conducted on the City's Salary and wage compensation of all the City's unions and non-union personnel (excluding Public Safety and School Unions). Over a number of years, the City has been experiencing difficulty to attract and retain employees. In my estimation, the situation has become worse during Fiscal Year 2022. Since the next permanent City Manager will be responsible for successor contract settlement, having a salary study available may be helpful in union negotiations as well being competitive in the municipal labor market within Eastern Massachusetts. 0 Personnel Department Assessment Review The Honorable City Council Fiscal Year 2023 Budget Policy Guideline IIG reads as follows: Hire a management consultant to review the structural operations of the Personnel Department and to make recommendations for improvements, including issues of Diversity, Equity, and Inclusion. As a result of the Honorable City Council adoption of this police guideline, the Proposed Fiscal Year 2023 Budget includes $50,000 in order to fund this policy guideline. • Funding Plan to Address the Unfunded (OPEB) Liability As a result of aggressive funding of the Retirement System, the Unfunded Other Post- Employment Benefits (OPEB) Liability of $115,370,918 is being addressed with the continued implementation of a Funding Plan that began in Fiscal Year 2020. The Fiscal Year 2023 Budget includes $13,709,426 for the OPEB appropriation. The City is having an actuarial valuation of the Post Retirement Benefit Program as of June 30, 2021. Subsequent to that valuation, the OPEB Funding Plan may be adjusted. 0 Funding of the Three Elementary Schools Project As a result of aggressive funding of the Retirement System, financing of the $170,000,000 for the Three Elementary Schools Project continues in Fiscal Year 2023 and all of this project is being done within the confines of Proposition 2 '/2. The Fiscal Year 2023 Budget includes $10,965,574 for debt service related to this project. Borrowing for this project is being done in phases and the remaining $50,023,109 will be borrowed in Fiscal Year 2022 and Fiscal Year 2023. • Funding of the New High School Project The Honorable City Council authorized a Loan Order on March 22, 2022, for the New High School Project in the amount of $198,844,252. The amount of the New High School Project is being done within the confines of Proposition 2 '/2 as announced during the Fiscal Year 2023 Preliminary Budget Overview by former Manager Michael J. Driscoll. The Fiscal Year 2023 Budget includes $1,016,945 for Debt Service related to this project. Borrowing for this project will be done in phases over the next couple of fiscal years. 22 FINANCIAL HIGHLIGHTS The Submitted Fiscal Year 2023 Budget includes Revenues and Expenditures each totaling $174,789,000, which represents a decrease of$1,785,196 and a 1.01% decrease from the Fiscal Year 2022 Revised Budget. For comparison purposes, the following is a summary of the increases/decrease along with the related percentages from Fiscal Year 2016 through the Submitted Fiscal Year 2023 Budget. Fiscal Year Dollar Percentage Increase/Decrease Increase/Decrease 2016 $ 8,466,706 7.43% 2017 $ 5,089,488 4.16% 2018 $ 5,008,504 3.93% 2019 $ 9,669,645 7.29% 2020 $ 7,687,744 5.41% 2021 $13,541,471 9.03% 2022 $ 13,120,917 8.03% 2023 ($1,785,196) (1.01%) TOTAL $60,879,279 44.27% (5.53% 8-year average) The charts on pages 11 through 19 of this message further outline the above-mentioned changes. The Submitted Fiscal Year 2023 Budget fully utilizes the local property tax and includes estimated New Growth of$4,000,000. Real & Personal Property Taxes of$140,728,594 represents 80.51% of the Fiscal Year 2023 revenues. The Watertown residential real estate market continues to show strength. Limited supply and strong demand have kept marketing time of residential property in Watertown at less than thirty days. Property values have continued to increase. As we enter Fiscal Year 2023, interest rates and inflation are rising. Increasing mortgage interest rates should bring stabilization and in-balance supply and demand. Apartment rents are strong and show signs of continued strength. Arsenal Yards is the last major developments to add housing units to Watertown, currently there are no large projects in development or planning. Without additional housing, the existing supply should be in strong demand with rental prices reflecting that trend. Watertown's industrial real estate (life science/lab) continues to grow. New life science buildings are being constructed at 85 Walnut Street, 66 Galen Street, 99 Coolidge Avenue, 311 Arsenal Street, and 100 Forge Road; existing buildings are being retrofitted at 64 Pleasant Street, 705 Mount Auburn Street, 64 Grove Street, 580 Pleasant Street, 311 Arsenal Street, and 617 Arsenal Street. Several development sites are in various stages of planning/proposal/approval which include 202 Arsenal Street, 550 Arsenal Street, 23/29 Elm 23 Street, 148 Waltham Street, and 560 Pleasant Street. As additional life science buildings become tenant ready, personal property accounts will increase due capital-intensive machinery. Watertown continues to be a desirable place to live, work, and enjoy leisure activities. The following chart titled "Community Comparison for Fiscal Year 2022" shows the City's average residential tax with the 30% residential exemption adopted by the Honorable City Council in comparison to six surrounding communities. 24 COMMUNITY COMPARISON For Fiscal Year 2022 FISCAL YEAR 2022 RES COMM Share of Value AVE RES AVE TAX TAX RES CIP 2016 2017 2018 2019 2020 2021 2022 RES VALUE RES EXEMPT. RES MUNICIPALITY RATE RATE % % SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT SHIFT FY2022 EXEMPT. SAVINGS TAX BELMONT $11.56 $11.56 94.76 5.24 1.00 1.00 1.00 1.00 1.00 1.00 1.00 $1,118,844 no $- $ 12,934 NEWTON $10.52 $19.95 90.47 9.53 1.75 1.75 1.75 1.75 1.75 1.72 1.75 $1,167,985 no $- $ 12,287 ARLINGTON $11.42 $11.42 94.32 5.68 1.00 1.00 1.00 1.00 1.00 1.00 1.00 $799,147 no $- $ 9,126 WATERTOWN 1$13.25 $21.28 75.65 24.35 1.75 1.75 1.75 1.75 1.75 1.75 1.59 $757,802 30% $3,012 $ 7,029 BOSTON $10.88 $24.98 66.67 33.33 1.75 1.75 1.75 1.75 1.75 1.75 1.75 $867,964 35% $3,305 $ 6,138 CAMBRIDGE $5.92 $11.23 54.91 45.09 1.73 1.71 1.66 1.64 1.59 1.51 1.45 $1,476,852 30% $2,623 $ 6,120 WALTHAM $11.14 $22.88 66.41 33.59 1.75 1.75 1.75 1.75 1.75 1.75 1.75 $693,240 35% $2,703 $ 5,020 25 Local Receipts and Other Financing Sources Revenues include a projected decrease in"Local Receipts" of$3,462,673 below the Fiscal Year 2022 revised level. The significant changes in this category, as compared to the Fiscal Year 2022 revised budget, are as follows: Inspections Fees ($4,450,000) Fines and Forfeits ($50,000) Meals Excise $100,000 Motor Vehicle Excise $250,000 Hotel Excise $150,000 Cannabis Excise $500,000 Belmont Reimbursement ($76,127) Revenues include a projected decrease in"Other Financing Sources" of$6,443,284 below the Fiscal Year 2022 revised level. The significant changes in this category, as compared to the Fiscal Year 2022 Revised Budget, are as follows: Transfer from Opioid Settlement Fund $60,000 Transfer from New High School Stabilization Fund ($5,547,555) Utilization of Overlay Surplus ($750,000) The changes in revenues, as compared to the Fiscal Year 2022 Revised Budget, are summarized as follows: Real and Personal Property Taxes $ 7,310,454 State Aid $760,307 Local Receipts ($3,412,673) Other Financing Sources ($6,443,284) The significant changes in expenditures, as compared to the Fiscal Year 2022 Revised Budget, are as follows: Debt Service $ 3,715,598 Other Post-Employment Benefits (OPEB) $ 7,011,302 Pension ($ 6,384,084) Capital Projects ($ 5,769,855) Transfer to Unfunded Pension Liability Stabilization Fund ($ 5,000,000) Education $ 1,881,429 Insurance & Employee Benefits $ 813,520 General Government $ 701,844 Transfer New High School Stabilization Fund ($1,016,945) 26 Department of Public Works $ 470,750 Waste Disposal $ 740,625 Public Safety $ 398,172 Library $ 186,527 State & County Charges $ 136,315 Transfer to Affordable Housing Trust $ 250,000 City Council Reserve $ 191,010 CAPITAL IMPROVEMENT PROGRAM Pursuant to the provisions of the Watertown Home Rule Charter and the City Council Resolution on the Fiscal Year 2023 Budget Process, the Proposed Fiscal Year 2023-2027 Capital Improvement Program (CIP)was submitted to the Honorable City Council on January 25, 2022. The Council's Committee on Budget and Fiscal Oversight met several times thereafter developing conceptual recommendations for presentation to the Honorable City Council for their review and adoption. On March 22, 2022, the Honorable City Council adopted thirty-four (34) conceptual recommendations on the Fiscal Year 2023-2027 CIP as memorialized in the following excerpt from the Committee minutes: The conceptual recommendations are as follows: 1. Concur with the revisions to the prior recommendation to proceed with the FYI proposed loan order for $900,000 for Moxley Park Courts Renovations & Lighting, as a result of the decision to use Moxley Field as swing space for the new High School, as follows: • Upon approval of the Courts Renovations & Lighting conceptual design by the City Council, proceed with the FYI proposed loan order for $1,380,000 (Design @ 100,000, Construction @ 1,280,000), with work to be completed in the summer of 2022 prior to the erection of the temporary high school on Moxley Field. • The renovation of Moxley Field, after removal of the temporary high school, shall be included in the scope of work for the High School building project, with the objective to return the field to active use as soon as possible thereafter, and planned enhancements to the field area of the park shall be brought forward to the City Council for further guidance. 2. Re-confirm the prior recommendation to proceed with the FYI proposed loan order for $950,000 for improvements to the Casey Park baseball area (Design @ 100,000, Construction @ 850,000), with the understanding that the cost estimate is several years old and additional funds may be required for this project, and subject to the condition that the Recreation 27 Department shall hold community meetings to develop a design proposal and have one or more informational presentations to the City Council. 3. Re-confirm the prior recommendation to proceed with the FYI loan order for Victory Field Phase 2 for $3,000,000, with the understanding that the cost estimate is several years old and additional funds maybe required for this project, and in accordance with the Final Report of the Ad Hoc Committee on Victory Field Phase 2 dated June 28, 2018 as approved by the City Council on August 14, 2018, and further, now that the High School Feasibility Study is has determined it will remain in its current location and use Moxley Field for swing space,prioritize this project to mitigate scheduling issues. 4. Concur with deleting the prior recommendation to proceed with the FYI proposed loan order or transfer of funds for $385,000 for Administration Building for asphalt roof shingle replacement,painting, and carpet, as the new Director of Public Buildings was hired and the scope of work was re-evaluated and placed in the FY2023-2027 CIP. 5. Re-confirm the prior recommendation to proceed with the FYI proposed loan order or transfer of funds for $325,000 for the Community Path Design from Saltonstall Park to Taylor St, and policy guidance from the Joint Committees on Public Works and Economic Development& Planning. 6. Re-confirm the prior recommendation to proceed with the FY19 proposed loan order for $300,000 for the Saltonstall Park lighting improvements subject to the condition that the Recreation Department shall hold community meetings to develop a design proposal and have one or more informational presentations to the City Council. 7. Concur with deleting the prior recommendation to proceed with the FYI proposed loan order or transfer of funds for $215,000 for Administration Building Improvements (Fire Alarm System replacement @ 85,000, Air Conditioning and Plumbing upgrades @ 130,000), as the new Director of Public Buildings was hired and the scope of work was re-evaluated and placed in the FY2023-2027 CIP. 8. Re-confirm the prior recommendation to proceed with the FY20 proposed loan order for $3,000,000 for the Community Path Construction from Linear Park to Taylor St, subject to the design process outlined in recommendation#5 above. 9. Revise the prior recommendation to proceed with the FY21 proposed loan order for $2,700,000 for renovations of Arsenal Park Phase B, now that the design has the final approval by the Conservation Commission, with a revised loan order of $6,350,000 as shown in the FY2023-2027 CIP, as follows: • The revised FY21 proposed loan order for $6,350,000 will be reduced, subject to the transfer of funds for pre-purchase of equipment for $551,044 on the March 8, 2022 City Council agenda. 28 • If the pre-purchase of equipment is approved, there will be an additional cost saving to the overall project, further reducing the proposed loan order by an estimated$441,000. • A portion of the proposed loan order will be offset by developer mitigation funds. • The proposed I-Cubed program as proposed by athenahealth is not proceeding, thus funds are not available to offset a portion of the proposed loan order. 10. Confirm the prior recommendation to proceed with the FY21 $1,500,000 proposed loan order for connector roads/longer street projects, in accordance with the Public Works Committee report approved by the City Council on November 23, 2021 to reconstruct Highland Ave. 11. Confirm the prior recommendation to proceed with the FY21 $400,000 proposed loan order or transfer of funds or Filippello Spray Park Renovations. 12. Confirm the prior recommendation to proceed with the FY21 $300,000 proposed loan order or transfer of funds for the Skating Rink to repair the Handicap Ramp. 13. For the "Building for the Future" Three Elementary Schools Project: confirm the prior recommendation to proceed with the proposed FY22 loan order of$50,023,109, now scheduled for a First Reading on March 8, 2022, and a Public Hearing and Vote on March 22, 2022, revised as a loan order for $48,895,000 and a transfer of funds for $1,128,109. 14. For the "Building for the Future" High School Project: in consideration of the MSBA approval on March 2, 2022 of the Schematic Design Submittal of December 17, 2021 with a revised cost of$198,844,252, and in further consideration of the plan presented at the October 12, 2021 Preliminary Budget Overview to pay for the new High School Project without a debt- exclusion override, the City Council has scheduled a First Reading on March 8, 2022, and a Public Hearing and Vote on March 22, 2022, for a loan order for $198,844,252 which is the entire amount of the project as required by the MSBA. Confirm the following recommendations as follows: • Proceed with the FY22 $9,798,779 proposed loan order or transfer of funds for design costs. • Proceed with the estimated FY23 $75,000,000 and estimated FY24 $75,000,000 proposed loan orders for the High School Project. 29 0 The MSBA Estimated Maximum Total Facilities Grant reimbursement is $44,283,365. 15. Confirm the prior recommendation to proceed with the FY22 proposed loan order or transfer of funds for Various School Improvements in the Middle School for $3,080,000 consisting of: Upgrade phone system @ 50,000 Remodel bathrooms (8) @ 210,000 Second floor air-conditioning @ 650,000 New fire protection system @ 2,000,000 • First floor air-conditioning @ 170,000 16. Proceed with the FY22 $2,500,000 loan order for local road construction projects in the summer of 2022, in accordance with the Public Works Committee report approved by the City Council on November 23, 2021, now scheduled for a First Reading on March 8, 2022, and a Public hearing and Vote on March 22, 2022. 17. Proceed with the FY22 $1,500,000 proposed loan order for connector roads/longer street projects, in accordance with the Public Works Committee report approved by the City Council on November 23, 2021 to reconstruct Morse St. & Fifth Ave. 18. Proceed with the FY22 $700,000 proposed loan order or transfer of funds for Information Technology, consisting of: Infrastructure Improvements @ 300,000 • Permitting/Transparency Dashboards @ 100,000 Video Security&Access Control @ 100,000 Fiber Loop Buildout and Cabling @ 100,000 Document Scanning @ 100,000 19. Proceed with the FY22 $425,000 proposed loan order or transfer of funds for Sullivan Playground Improvements to tot lot and walkways. 20. Proceed with the FY22 $375,000 proposed loan order or transfer of funds for Victory Field Phase 3 Fieldhouse Design. 21. Proceed with the FY22 $330,000 proposed loan order or transfer of funds for Skating Rink Improvements, consisting of: Ammonia Detection System • Rink Boards Replacement 30 22. Proceed with the FY22 $64,000 proposed loan order or transfer of funds for Police Equipment, consisting of audio and video upgrades to four conference rooms. 23. Re-confirm the previous recommendation, in consideration of the approved design for the High School Project which removed all non-academic functions from the project including the proposed new Senior Center, new School Administration offices, and new Department of Public Buildings facility, to proceed with a Master Plan/Feasibility Study for the Phillips School/Senior Center site, to identify future Capital Improvement Program funding, and therefore any capital improvements to the Phillips School/Senior Center should be placed on hold. 24. Proceed with the School Department's FY23 capital appropriation request of$1,650,000 for projects as shown in the CIP as follows: $310,000 for various items to be funded with tax revenues, consisting o£ o Middle School classroom furniture @ 25,000 o Middle School paint hallways & classrooms g40,000 o Middle School rekey doors and update locks @ 90,000 o Middle School new exterior electronic sign @ 50,000 o High School furniture @ 25,000 o Courtyard landscape @ 15,000 o Phillips School furniture/equipment/furnishings @ 15,000 o District update food service equipment @ 30,000 o District security systems enhancements @ 20,000 • A proposed loan order for Various School Improvements in the Middle School for $1,340,000 consisting: o Design Courtyard & Exterior Grounds Landscape @ 120,000 o Renovate Courtyard& Exterior Grounds Landscape @ 275,000 o First floor HVAC @ 945,000 25. Refer to the Public Works Committee, for policy guidance,plans for the FY23 $2,500,000 proposed loan order (FY23 CIP Lines 270 & 276) for local road construction projects in the summer of 2023,plus plans for the FY23 $1,500,000 proposed loan order for connector roads/longer street projects (FY22 CIP Line 271), in accordance with Resolution 2013-76 Watertown's Ongoing Capital Project Budget Guidelines. 31 26. Proceed with the FY21 MWRA Sewer Inflow& Infiltration Local Financial Assistance Program for $1,050,000 consisting of a $787,500 grant and a $262,500 interest-free loan order; plus proceed with the FY21 MWRA Local Water System Assistance Program $500,000 interest-free loan order to replace outdated unlined cast iron water mains. 27. Proceed with the FY22 MWRA Sewer Inflow& Infiltration Local Financial Assistance Program for $1,050,000 consisting of a $787,500 grant and a $262,500 interest-free loan order; plus proceed with the FY22 MWRA Local Water System Assistance Program $500,000 interest-free loan order to replace outdated unlined cast iron water mains; plus proceed with the FY22 MWRA Local Water System Assistance Program $300,000 interest-free loan order to replace lead service lines. 28. Re-confirm the prior recommendation to proceed with the FYI proposed Sewer Enterprise Fund loan order for $270,000 for a Heavy-duty Crane and the prior recommendation to proceed with the FYI proposed Water Enterprise Fund loan order for $60,000 for a Utility Truck. 29. Regarding the former Police Station: as noted in#23 above, the School Administration offices will remain at the current location, therefore as noted in the Economic Development &Planning Committee Report from the March 14, 2017 City Council meeting, re-refer to the Economic Development& Planning Committee, for policy guidance, plans for the FY23 $1,000,000 proposed loan order (FY23 CIP Line 4) for designing a new building at the site of former Police Station. 30. Regarding the Victory Field Artificial Turf Replacement: in consideration of Moxley Field being unavailable for use due to the temporary High School from October 2023 until Spring 2027, and with O'Connell Field unavailable due to Hosmer School construction until Spring 2023, and the needed renovations of Victory Field track, field and courts, the plan for the FY23 $1,500,000 proposed loan order (FY23 CIP Line 147) to take the multi-use field out of service for turf replacement will present scheduling problems. Recommend the Administration develop a city-wide plan on field usage and availability with construction phasing, and consider an assessment of the artificial turf with consideration given to repairs to worn areas to extend its life. 31. Regarding the Special Needs baseball/softball diamond shown as a FY24 $600,000 proposed loan order (FY23 CIP Line 150), refer to Parks and Recreation Committee for policy guidance on where this could be located and what the facility would entail, and subject to the condition that the Recreation Department shall hold community meetings to develop a design proposal and have one or more informational presentations to the City Council. 32. Regarding Electric Vehicle charging stations shown as FY24 $90,000 and FY25 $90,000 proposed loan orders (FY23 CIP Line 14), these were originally shown as FY23 and FY24 proposed loan orders in the (FY22 CIP (Line 15), and recommend moving them back to FY23 and FY24. 32 33. Concur with the City Manager's recommendation for the City Council to continue discussion on the following items: • Reuse of the Former North Branch Library • Record Storage Management&related issues • Department of Public Works Staging Areas • Acquisition of Land for open Space and/or Recreation use 34. Regarding the Howard St/Bacon St former railroad land: This is to be redeveloped as the Community Path extension over the Cambridge water main, with parking lots at both ends, and a DPW storage area, per the May 26, 2016 Public Works Committee meeting reported to the City Council on June 14, 2016. Watertown received developer mitigation money in escrow over 10 years ago to construct this (which is why it does not appear in the CIP)but it is not enough, and estimated additional funds of$500,000 will be needed in FY23 to build the project. Recommend the Administration develop a plan for the additional funding through a loan order or transfer of funds, and to re-refer to the Public Works Committee for policy guidance to review the design. ➢ ACTION ITEM- Councilor Gardner made a motion, seconded by Councilor Izzo, to ask the City Council to adopt the above 34 conceptual recommendations. Voted 3-0 The Submitted Fiscal Year 2023-2027 Capital Improvement Program is included within the Submitted Fiscal Year 2023 Budget and incorporates all of these adopted conceptual recommendations. The Honorable City Council's Ongoing Budget Policy Guideline I.B. reads as follows: "Capital Expenditures: In order to maintain and improve infrastructure, facilities and equipment, the City should seek to make annual capital expenditures (including debt and exclusive of the school Building for the Future Initiative funding and Enterprise Funds) equals to at least 7.5 — 8% of the operating budget." Capital Expenditures equal 7.81% of the Fiscal Year 2023 Budget. The Fiscal Year 2023-2027 General Fund CIP totals $377,277,700, which represents a decrease of$51,054,500 from the Fiscal Year 2022-2026 CIP. The New High School Project totaling $200,000,000 is included as a subcategory in the Fiscal Year 2023- 2027 Capital Improvement Program. The bonding requirement for the Fiscal Year 2023-2027 CIP is $225,852,900 and the Street and Sidewalk bonds of$48,435,800 listed in Fiscal Year 2027 are not included in the bonding requirement. 33 The funding source of$1,600,000 of the CIP has not been determined. The following are the projects/items with the funding source to be detennined(TBD). • Former North Branch Renovation/Reuse $ 1,100,000 • Multi-Service Center Renovation $ 500,000 TOTAL: $ 1,600,000 Fiscal Year 2016 Proposed Loan Order On March 22, 2022, the Honorable City Council adopted thirty-four(34) conceptual recommendations on the Fiscal Year 2023- 2027 CIP. Conceptual recommendation#1 reads as follows: • Concur with the revisions to the prior recommendation to proceed with the FYI proposed loan order for $900,000 for Moxley Park Courts Renovations & Lighting, as a result of the decision to use Moxley Field as swing space for the new High School, as follows: • Upon approval of the Courts Renovations & Lighting conceptual design by the City Council, proceed with the FY16 proposed loan order for $1,380,000 (Design @ 100,000, Construction @ 1,280,000), with work to be completed in the summer of 2022 prior to the erection of the temporary high school on Moxley Field. • The renovation of Moxley Field, after removal of the temporary high school, shall be included in the scope of work for the High School building project, with the objective to return the field to active use as soon as possible thereafter, and planned enhancements to the field area of the park shall be brought forward to the City Council for further guidance. This project also recognizes the more recent decision of the School Building Committee to locate the temporary High School within the park. This would limit any work in the field on the southern portion of the park where the temporary school will be located, but also heightens the need for the northern portion to be improved to meet the needs of the Middle School, temporary High School, and the surrounding neighborhood. Given the above, an Informational Presentation on this project was given at the January 11, 2022 City Council Meeting. Upon the conclusion of the Informational Presentation, City Council requested that another neighborhood meeting be held in advance of moving forward with bidding of the project. 34 A proposed Loan Order will be brought forward for this item subsequent to the neighborhood meeting and the Honorable City Council's adoption of recommendations on the Fiscal Year 2023-2027 Capital Improvement Program. • Moxley Courts Renovations and Lighting $1,380,000 Fiscal Year 2017 Proposed Loan Orders The Honorable City Council's conceptual recommendations #2 and #3 on the Fiscal Year 2023-2027 CIP reads as follows: • Re-confirm the prior recommendation to proceed with the FYI proposed loan order for $950,000 for improvements to the Casey Park baseball area (Design @ 100,000, Construction @ 850,000), subject to the condition that the Recreation Department shall hold community meetings to develop a design proposal and have one or more informational presentations to the City Council, with the understanding that the cost estimate is several years old and additional funds may be required for this project. • Re-confirm the prior recommendation to proceed with the FYI loan order for Victory Field Phase 2 for $3,000,000 in accordance with the Final Report of the Ad Hoc Committee on Victory Field Phase 2 dated June 28, 2018 as approved by the City Council on August 14, 2018, subject to the outcome of the High School Feasibility Study, with the understanding that the cost estimate is several years old and additional funds may be required for this project. The following is a list of items contained in the Fiscal Year 2017 CIP. Proposed Loan Orders will be brought forward subsequent to the Honorable City Council's adoption of conceptual recommendations on the Fiscal Year 2023-2027 CIP. • Casey Park Improvements $ 950,000 • Victory Field Improvements (Phase II) $ 3,000,000 TOTAL: $ 3,950,000 Fiscal Year 2018 Proposed Loan Orders The Honorable City Council's conceptual recommendations #4 and#5 on the Fiscal Year 2023-2027 CIP reads as follows: • Concur with deleting the prior recommendation to proceed with the FYI proposed loan order or transfer of funds for $385,000 for Administration Building for asphalt roof shingle replacement,painting, and carpet, as the new Director of Public Buildings was hired and the scope of work was re-evaluated and placed in the FY2023-2027 CIP. • Re-confirm the prior recommendation to proceed with the FYI proposed loan order or transfer of funds for $325,000 for the Community Path Design from Saltonstall Park to Taylor St, and policy guidance from the Joint Committees on Public Works and Economic Development& Planning. 35 The following is the list of items contained in the Fiscal Year 2018 CIP. Proposed Loan Orders will be brought forward subsequent to the Honorable City Council's adoption of conceptual recommendations on the Fiscal Year 2023-2027 Capital Improvement Program. • Community Path Design $ 325,000 Fiscal Year 2019 Proposed Loan Orders The Honorable City Council's conceptual recommendations #6 and #7 on the Fiscal Year 2022-2026 CIP reads as follows: • Re-confirm the prior recommendation to proceed with the FYI proposed loan order for $300,000 for the Saltonstall Park lighting improvements subject to the condition that the Recreation Department shall hold community meetings to develop a design proposal and have one or more informational presentations to the City Council. • Concur with deleting the prior recommendation to proceed with the FYI proposed loan order or transfer of funds for $215,000 for Administration Building Improvements (Fire Alarm System replacement @ 85,000, Air Conditioning and Plumbing upgrades @ 130,000), as the new Director of Public Buildings was hired and the scope of work was re- evaluated and placed in the FY2023-2027 CIP. As a follow-up to the Honorable City Council's adoption of conceptual recommendations on the Fiscal Year 2023-2027 CIP on March 22, 2022,proposed Loan Order or Transfer of Funds will be brought forward for this item. • Saltonstall Park Improvements $ 300,000 Fiscal Year 2020 Proposed Loan Orders As a follow-up to the Honorable City Council's adoption of conceptual recommendations on the Fiscal Year 2023-2027 Capital improvement Program on March 22, 2022, the following was a revised list of items contained in the Fiscal Year 2020 CIP. Proposed Loan Orders were to be brought forward for these items. • Community Path Construction—Taylor to Linear $ 3,000,000 • Connector Roads/Longer Streets Improvements $ 1,500,000 • Police Station Improvements $ 125,600 TOTAL: $ 4,625,600 36 On July 13, 2021, the Honorable City Council approved a proposed Loan Order totaling $1,500,000 to fund Connector Roads/Longer Street Improvements at Waverley Avenue between Orchard and Belmont Streets. The Police Station Improvements was related to exterior painting of the Police Station and was done with previously appropriated monies. The following is the remaining item contained in the Fiscal Year 2020 CIP. A proposed Loan Order will be brought forward at a later date in accordance with the Honorable City Council's adoption of conceptual recommendation#8 on the Fiscal Year 2023-2027 Capital Improvement Program. • Community Path Construction—Taylor to Linear $ 3,000,000 Fiscal Year 2021 Proposed Loan Orders As a follow-up to the Honorable City Council's adoption of conceptual recommendations on the Fiscal Year 2022-2026 Capital Improvement Program on March 23, 2021, the following was a revised list of items contained in the Fiscal Year 2021 CIP. Proposed Loan Orders or Transfer of Funds were to be brought forward for these items. Three Elementary Schools Project $39,455,000 Arsenal Park Renovations (Phase B)* $ 2,700,000 Connector Roads/Longer Streets Improvements $ 1,500,000 Infonnation Technology $ 575,000 Filippello Spray Park Renovation $ 400,000 Skating Arena Improvements $ 300,000 Public Works Equipment $ 205,000 Various School Improvements $ 101,000 Fire Station Improvements $ 41,600 TOTAL: $45,277,600 *Developer Mitigation will offset some of the cost Conceptual recommendations #14, #17, #21 and#24 on the Fiscal Year 2022-2026 Capital Improvement Program reads as follows: • Proceed with the FY21 proposed loan order for $2,700,000 for renovations of Arsenal Park Phase B, subject to the condition that developer mitigation and proposed I-Cubed funds will offset a portion of the costs, with the understanding that additional funds may be required for this project due to various issues including unforeseen subsurface soil conditions. 37 • Proceed with the FY21 $575,000 proposed loan order or transfer of funds for Information Technology consisting o£ • GIS system @ 50,000 • Replace Phone System @ 175,000 • Replace & Upgrade Technology @ 270,000 • Document Management System @ 80,000 • For the "Building for the Future" Three Elementary Schools Project: endorse the revised borrowing plan, within the confines of Proposition 2%, to reflect the accelerated schedule as voted by the School Building Committee on February 16, 2021, will change from this: • Planned FY22 loan order of$46,000,000 • Planned FY23 loan order of$43,478,109 To this: • Second proposed FY21 loan order of$39,455,000 • Proposed FY22 loan order of$50,023,109 • Confirm the prior recommendation to proceed with the FY21 proposed loan order or transfer of funds for the Middle School design of second floor air-conditioning at $101,000. (note in the FY21 CIP this was listed as third floor, not second floor) On April 13, 2021, the Honorable City Council approved a transfer of funds totaling $101,000 to move forward with the design of air conditioning for the second floor of the Middle School. Also, on April 13, 2021, the Honorable City Council approved a transfer of funds totaling $559,100 for the four (4) Information Technology items listed in the above-mentioned conceptual recommendation#17. On April 14, 2021, the above-mentioned $39,455,000 less $655,000 related to an upcoming transfer of funds of budgeted Fiscal Year 2021 monies for the Three Elementary Schools Project was permanently borrowed. The winning bid on the bonds was an average interest rate of 1.466% for the 20-year General Obligation Bond Issue! Additionally, a net premium of$4,693,800 was applied to the project costs and thereby lowering the permanent borrowing amount related to the Three Elementary Schools Project to $34,106,200 as outlined below. $39,455,000 ($ 655,000) Upcoming Transfer (54,693,800) Net Premium 38 $34,106,200 The following was a revised list of items contained in the Fiscal Year 2021 CIP. Proposed Loan Orders or Transfer of Funds were to be brought forward for these items. Arsenal Park Renovations (Phase B)* $ 4,995,000 Connector Roads/Longer Streets Improvements $ 1,500,000 Filippello Spray Park Renovation $ 400,000 Skating Arena Improvements $ 300,000 Public Works Equipment $ 205,000 Fire Station Improvements $ 41,600 TOTAL: S 7,441,600 *Developer Mitigation&Proposed I-Cubed Funds will offset some of the cost An Informational Presentation on Arsenal Park Renovations (Phase B) was given at the January 11, 2022 City Council meeting. Subsequent to that Informational Presentation, on January 19th the Conservation Commission met again on the proposed project and voted to have a new spray park included in the project and agreed that the proposed advance purchase of the play equipment is a prudent course of action. A Proposed Loan Order or Transfer of Funds related to this advance purchase will be brought forward in order to allow the project to remain on schedule for work this summer and this action will also produce substantial cost savings for the project. As previously stated, on September 28, 2021 the Honorable City Council approved a Proposed Loan Order totaling $1,628,000 for acquisition o Department of Public Works equipment, of which $205,000 was for Fiscal Year 2020 CIP items. Fire Station Improvements was related to a floor drain repair at the North Fire Station and will be done with previously appropriated monies. The Honorable City Council adoption of conceptual recommendations #9, 10, 11 & 12 of the Fiscal Year 2023-2027 CIP reads as follows: Revise the prior recommendation to proceed with the FY21 proposed loan order for $2,700,000 for renovations of Arsenal Park Phase B, now that the design has the final approval by the Conservation Commission, with a revised loan order of$6,350,000 as shown in the FY2023- 2027 CIP, as follows: The revised FY21 proposed loan order for $6,350,000 will be reduced, subject to the transfer of funds for pre- purchase of equipment for $551,044 on the March 8, 2022 City Council agenda. 39 • If the pre-purchase of equipment is approved, there will be an additional cost saving to the overall project, further reducing the proposed loan order by an estimated $441,000. • A portion of the proposed loan order will be offset by developer mitigation funds. The proposed I-Cubed program as proposed by athenahealth is not proceeding, thus funds are not available to offset a portion of the proposed loan order. • Confirm the prior recommendation to proceed with the FY21 $1,500,000 proposed loan order for connector roads/longer street projects, in accordance with the Public Works Committee report approved by the City Council on November 23, 2021 to reconstruct Highland Ave. • Confirm the prior recommendation to proceed with the FY21 $400,000 proposed loan order or transfer of funds or Filippello Spray Park Renovations. • Confirm the prior recommendation to proceed with the FY21 $300,000 proposed loan order or transfer of funds for the Skating Rink to repair the Handicap Ramp. The following is the remaining items contained in the Fiscal Year 2021 CIP. Proposed Loan Orders or Transfers of Funds will be brought forward at a later date in accordance with the Honorable City Council's adoption of conceptual recommendations on the Fiscal Year 2023-2027 Capital Improvement Program. Arsenal Park Renovations (Phase B)* $ 6,350,000 Connector Roads/Longer Streets Improvements $ 1,500,000 Filippello Spray Park Renovation $ 400,000 Skating Arena Improvements $ 300,000 TOTAL: $ 8,550,000 * Developer Mitigation will offset some of the cost Fiscal Year 2022 Proposed Loan Orders As you recall, the Fiscal Year 2022 Budget Message dated April 27, 2021 stated that Proposed Loan Orders will be brought forward for various Capital items contained in the Fiscal Year 2022 CIP. The acquisition of the proposed items is consistent with one of the Honorable City Council's priorities of not deferring maintenance and/or recognition of costs of capital equipment, facilities and infrastructure to future years. The items that will be included in the Proposed Loan Orders are as follows: Three Elementary Schools Project $50,023,100 High School Building Project $15,000,000 40 Various School Improvements $ 3,375,000 Public Safety&Works Radio Infrastructure (Phase 2) $ 2,376,000 Street& Sidewalk Improvements $ 2,500,000 Connector Roads/Longer Streets Improvements $ 1,500,000 Fire Ladder Truck Replacement(Ladder 2) $ 1,250,000 Public Works Equipment $ 1,065,000 Information Technology $ 700,000 Administration Building Improvements $ 495,00 Sullivan Playground Improvements $ 425,000 Victory Field House Addition Design $ 375,000 Underground Duct for Utilities $ 300,000 Fire Station Improvements $ 285,000 Skating Arena Improvements $ 280,000 Library Improvements $ 185,000 Senior Shuttle Bus $ 150,000 Electric Ice Resurfacer $ 150,000 Public Buildings Equipment $ 67,000 Police Equipment $ 64,200 TOTAL: $80,565,300 On September 28, 2021, the Honorable City Council adopted a Proposed Amendment to the Fiscal Year 2022 Budget related to additional funding of$5,201,221 for the New High School Project. On September 28, 2021, the Honorable City Council also approved a Loan Order totaling $423,826 in order to forward with the replacement of the City Hall Chiller. As previously stated, on September 28, 2021 the Honorable City Council also approved a Proposed Loan Order totaling $1,628,000 for acquisition of Department of Public Works equipment, of which $665,000 was for Fiscal Year 2022 CIP items. Two remaining equipment items were moved from Fiscal Year 2022 CIP to Fiscal Year 2023 CIP. On September 28, 2021, the Honorable City Council also approved a Loan Order totaling $410,000 to pay costs of$110,000 for improvements to Department of Public Works Building Sidewalks and Parking Lots; and $300,000 to replace and/or add underground duct for utilities to roadways. 41 On October 12, 2021, the Honorable City Council approved a Loan Order totaling $1,250,000 to move forward with the replacement of the 2007 Ladder 2 for the Fire Department. On November 9, 2021, the Honorable City Council approved a Transfer of Funds totaling $108,484 in order to forward with the purchase of a Senior Shuttle Bus. On November 23, 2021, the Honorable City Council approved a Loan Order totaling $2,376,000 to pay costs of Phase 2 of the Public Safety—Public Works Radio Infrastructure. Fire Station Improvements have been moved to Fiscal Year 2023 CIP. Two items from the Skating Arena Improvements have been done with previously appropriated monies, one item has been moved to Fiscal Year 2024 CIP; and two Fiscal Year 2022 CIP items remain to be done. The remaining item in Library Improvements has been moved to Fiscal Year 2023 CIP. The Electric Ice Resurfacer has been moved to Fiscal Year 2023 CIP. Public Building Equipment is no longer needed at this time. As a result, the following was a revised lists of remaining items contained in the Fiscal Year 2022 CIP. Three Elementary Schools Project $50,023,100 High School Building Project $ 9,798,779 Various School Improvements $ 3,080,000 Street& Sidewalk Improvements $ 2,500,000 Connector Roads/Longer Streets Improvements $ 1,500,000 Information Technology $ 700,000 Sullivan Playground Improvements $ 425,000 Victory Field House Addition Design $ 375,000 Skating Arena Improvements $ 330,000 Police Equipment $ 64.200 TOTAL: $68,796,079 42 The Honorable City Council's adoption of conceptual recommendations on the Fiscal Year 2023-2027 CIP on March 22, 2022 reads as follows: • For the "Building for the Future" Three Elementary Schools Project: confirm the prior recommendation to proceed with the proposed FY22 loan order of$50,023,109, now scheduled for a First Reading on March 8, 2022, and a Public Hearing and Vote on March 22, 2022, revised as a loan order for $48,895,000 and a transfer of funds for $1,128,109. • For the "Building for the Future" High School Project: in consideration of the MSBA approval on March 2, 2022 of the Schematic Design Submittal of December 17, 2021 with a revised cost of$198,844,252, and in further consideration of the plan presented at the October 12, 2021 Preliminary Budget Overview to pay for the new High School Project without a debt-exclusion override, the City Council has scheduled a First Reading on March 8, 2022, and a Public Hearing and Vote on March 22, 2022, for a loan order for $198,844,252 which is the entire amount of the project as required by the MSBA. Confirm the following recommendations as follows: • Proceed with the FY22 $9,798,779 proposed loan order or transfer of funds for design costs. • Proceed with the estimated FY23 $75,000,000 and estimated FY24 $75,000,000 proposed loan orders for the High School Project. • The MSBA Estimated Maximum Total Facilities Grant reimbursement is $44,283,365. • Confirm the prior recommendation to proceed with the FY22 proposed loan order or transfer of funds for Various School Improvements in the Middle School for $3,080,000 consisting of: • Upgrade phone system @ 50,000 • Remodel bathrooms (8) @ 210,000 • Second floor air-conditioning @ 650,000 • New fire protection system @ 2,000,000 • First floor air-conditioning @ 170,000 • Proceed with the FY22 $2,500,000 loan order for local road construction projects in the summer of 2022, in accordance with the Public Works Committee report approved by the City Council on November 23, 2021, now scheduled for a First Reading on March 8, 2022, and a Public hearing and Vote on March 22, 2022. • Proceed with the FY22 $1,500,000 proposed loan order for connector roads/longer street projects, in accordance with the Public Works Committee report approved by the City Council on November 23, 2021 to reconstruct Morse St. &Fifth Ave. 43 • Proceed with the FY22 $700,000 proposed loan order or transfer of funds for Information Technology, consisting of- Infrastructure Improvements @ 300,000 • Permitting/Transparency Dashboards @ 100,000 • Video Security&Access Control @ 100,000 • Fiber Loop Buildout and Cabling @ 100,000 • Document Scanning @ 100,000 • Proceed with the FY22 $425,000 proposed loan order or transfer of funds for Sullivan Playground Improvements to tot lot and walkways. On March 22, 2022 a Loan Order for $48,895,000 was approved by the Honorable City Council for the Three Elementary Schools Project. A Transfer of Funds totaling $1,128,107 will be brought forward during the month of July to formalize all of the funding for the Three Elementary Schools Project. On March 22, 2022 a Loan Order for the New High School Project in the amount of$198,844,252 was approved by the Honorable City Council. On March 22, 2022 a Loan Order for $2,500,000 for local road projects during the summer of 2022 was approved by the Honorable City Council. On April 12, 2022 a Transfer of Funds in the amount of$572,000 for Information Technology projects was approved by the Honorable City Council. The Police equipment will be purchased with existing capital funds. Therefore, the following is a revised list of items remaining for the Fiscal Year 2022 CIP. Proposed Loan Orders or Transfers of Funds will be brought forward: Three Elementary Schools Project $ 1,128,109 High School Building Project $ 9,798,779 Various School Improvements $ 3,080,000 Connector Roads/Longer Streets Improvements $ 1,500,000 Information Technology $ 100,000 44 Sullivan Playground Improvements $ 425,000 Victory Field House Addition Design $ 375,000 Skating Arena Improvements $ 330,000 TOTAL: $16,736,888 Fiscal Year 2023 Proposed Loan Orders During Fiscal Year 2023, Proposed Loan Orders will be brought forward for various Capital items contained in the Fiscal Year 2023 CIP. The acquisition of the proposed items is consistent with one of the Honorable City Council's priorities of not deferring maintenance and/or recognition of costs of capital equipment, facilities and infrastructure to future years. The items that will be included in the Proposed Loan Orders are as follows: Middle School Improvements $ 1,340,000 Street & Sidewalk Improvements $ 2,500,000 Connector Roads/Longer Streets Improvements $ 1,500,000 Design of the Former Police Station $ 1,000,000 Mt. Auburn Street Corridor Appropriations & Easements $ 2,600,000 Design of Administration Building Repairs $ 265,000 Inforination Technology $ 700,000 Fire Stations Repairs $ 285,000 Library Repairs $ 375,000 DPW Roof Replacement—Phase 1 $ 2,000,000 DPW Equipment $ 230,000 DPW Boiler $ 200,000 Gazebo at Saltonstall Park $ 150,000 Victory Field Fieldhouse ???? $ 4,000,000 Howe Park: Design, Equipment& Resurface $ 500,000 Senior Center Exterior Repairs $ 200,000 Rink: Replacement of Stands $ 200,000 Rink: Electric Ice Resurfacing $ 150,000 TOTAL: $18,195,000 45 School Capital Projects The Fiscal Year 2023-2027 CIP includes funding of various school improvements totaling $207,882,000 over the next five fiscal years. The breakdown of these improvements are as follows: • New High School Project $200,000,000 • School to be determined (Phillips) $ 2,525,000 • Bond Remodeling (Middle) $ 3,492,000 • Tax Revenue (various school buildings) $ 1,365,000 • Technology (various school buildings) $ 500,000 TOTAL: $207,882,000 The following is the breakdown of the School Capital Projects included in the Fiscal Year 2023 Capital Improvement Program. • High School Building Project $ 100,000,000 • Middle School $ 1,545,000 • Phillips $ 520,000 • District $ 150,000 • High School $ 40,000 TOTAL:$ 102,255,000 Building for the Future Initiative—Three Elementary Schools Project The information in this section has been previously provided and is being included for historical purposes. There are minor updates in the last few paragraphs of this section that are in bold. On March 13, 2017, the Honorable School Committee approved the award of a contract to AD Architects, LLC to assist with moving forward with the Building for the Future Initiative. Building for the Future is a comprehensive, forward-looking initiative to address learning, operational and capacity improvements for all school facilities. On July 27, 2017, the Honorable City Council and the Honorable School Committee held a joint meeting in order to have a presentation by AD Architects LLC on their formal recommendations related to the Building for the Future Initiative. The following is an excerpt from the joint meeting minutes: PROJECT PRIORITY 1. The elementary schools and the high school have top priority and that the middle school is less crowded than any of these schools; therefore, it should be considered for renovation after the high school is completed. 46 2. The High School, being the single largest project, should continue to seek MSBA funding and that the Statement of Interest (SOI) should list the needs on a priority basis and identify them clearly. The revised SOI should help with obtaining the grant. 3. If the High School were accepted as an MSBA project, their timeline would not allow construction to begin until 2021. 4. If the City were to fund the Elementary School project independently of the MSBA grant program, construction could be completed prior to the High School construction in 2021. Given the three elementary schools and the high school were identified as high priorities, steps were taken to advance the continued development of both projects simultaneously, with the elementary schools project on a non MSBA path and the high school potentially on a path for MSBA assistance. A timeline was presented whereby the potential Elementary Schools Project estimated at $80 million- $120 million could be completed prior to the beginning of the High School construction. The potential renovation/reconstruction of school facilities was included as a subcategory in the Fiscal Year 2019-2023 Capital Improvement Program and included the following projects: 3 Elementary Schools Project $125,100,000 High School Project $158,600,000 $283,700,000 As indicated during the Fiscal Year 2019 Preliminary Budget Overview Presentation on October 9, 2017 and subsequently formalized in the Honorable City Council's Fiscal Year 2019 Budget Policy Guideline 11. A., funding of the Elementary Schools Project is included in the Debt and Interest Forecast and all of this project is to be done within the confines of Proposition 2 1/z. The projected High School Project would be funded with a debt exclusion financing and a grant from the Massachusetts School Building Authority (MSBA) and the breakdown of the projected financing is as follows: Debt Exclusion $ 82,472,000 MSBA $ 76,128,000 $158,600,000 On October 24, 2017, the Honorable City Council approved a transfer of funds totaling $149,996 for Owner's Project Manager Services (OPM) for the evaluation of potential solutions and schematic design phases of the Three Elementary Schools Project. On December 12, 2017, the Honorable City Council approved a Proposed Loan Order totaling $1,378,599 for the purpose of paying costs of Designer Services for the design, construction, addition to and/or renovation of the three elementary schools. 47 Given all of the above, it was necessary to move forward with the establishment of a School Building Committee. Thirteen (13) appointments to the Committee were made in March 2018 including the Honorable City Council President Mark Sideris, City Council Vice President Vincent Piccirilli, School Committee Chairman John Portz and School Committee member Lindsay Mosca. The Committee is the representative of the City in all dealings with the architect including but not limited to the following: development and review of conceptual design options and the selection of a preferred design option,preparation of all design, construction, and bidding documents, supervision of public bidding process, award of contract to successful bidder, compliance with the program and time requirements of the City, evaluation of the quality, appropriateness and functional attributes of the architect's solution or proposal,periodic meetings with the architect and builder to assure compliance as the project moves forward, review of all change orders during the construction phase, and all other powers and duties as are necessary and appropriate. As indicated during the Fiscal Year 2020 Preliminary Budget Overview presentation on October 9, 2018, the City was much closer in moving forward with two initiatives, fully funded retirement system and OPEB Liability funding; and financing of the three Elementary Schools Project within the confines of Proposition 2 1/z. Additionally, the Fiscal Year 2019 New Growth was $2.6 million over the original budget and these monies have been earmarked to fund Pension Costs, Other Post- Employment Benefits (OPEB) and the 3 Elementary Schools Project. On December 11, 2018, the Honorable City Council adopted and ranked the Fiscal Year 2020 Budget Policy Guidelines. The top ranked Fiscal Year 2020 Budget Policy Guideline II.A. reads as follows: Continue to develop Building for the Future Initiative funding in collaboration with the School Building Committee; for the Three Elementary Schools project by formalizing the proposal to use funds redirected from the retirement appropriation when the pension fund is fully funded while also paying down the OPEB liability; and for the MSBA High School project with the proposed debt exclusion funding. During the Fiscal Year 2020 Preliminary Budget Overview presentation, it was indicated the School Building Committee has been working tirelessly to review conceptual design options for the three elementary schools in an effort to ultimately select a preferred design option that is in the best interests of the City, the taxpayers and the successful education of our children. To that end, the School Building Committee had met twenty(20) times starting on March 14, 2018; and held 3 community forums at each of the elementary schools in November 2018 to receive feedback on the various conceptual design options. On January 8, 2019, the Honorable City Council approved a modification to the Resolution on the Fiscal Year 2020 Budget Process. The submission date of the Fiscal Year 2020-20204 Capital Improvement Program was moved from January 22nd to January 31, 2019 in order to consider the School Building Committee's actions at their January 23, 2019 meeting. 48 On January 23, 2019, the School Building Committee adopted the following motions: Motion 1: That the School Building Committee formally endorses and refers the conceptual and schematic design and cost estimate, as presented(January 23, 2019)to the City Manager for his consideration. (Unanimously voted) Motion 2: That the School Building Committee authorizes the Chair, along with representatives from AD and Daedalus, to meet with the City Manager to discuss the design and cost of the project as just referred. (Unanimously voted) The endorsed conceptual and schematic design includes all-new construction of the Hosmer and Cunniff Schools and comprehensive renovations and additions to the Lowell School. The proposed projects create modern, forward-thinking facilities and associated site amenities that meet the educational, neighborhood, energy efficiency, and recreational goals established through a public process of meetings and forums. These projects are part of a long-term vision of providing outstanding education, recreation, and healthy neighborhoods throughout Watertown and will serve the City for many decades. The approximately $170 million cost estimate includes the total project costs representative of the buildings, sitework, furniture, technology, and all associated costs of the completed and occupied facilities. On January 31, 2019, I respectfully recommended moving forward with the School Building Committee's endorsed conceptual and schematic design. Funding of$170,000,000 for the Three Elementary Schools Project was included in the Proposed Fiscal Year 2020-2024 Capital Improvement Program and all of this project is to be done within the confines of Proposition 2 '/2. The Honorable City Council's Fiscal Year 2020-2024 Capital Improvement Program conceptual recommendation#18 reads as follows: • Concur with the decision to proceed with the "Building for the Future" initiative of$170,000,000 for the Three Elementary Schools Project funding within the confines of Proposition 2'/z, and not proceed with the $5,304,000 for renovation projects for the Cunniff, Hosmer, and Lowell schools shown in the FY2020-2024 CIP as NB (included in New Building) or RB (included in Renovated Building). As a follow up to that conceptual recommendation and in accordance with the Honorable City Council's Fiscal Year 2020 Budget Policy Guideline II.A, the following was the timeline for borrowing $170,000,000 for the Three Elementary Schools Project as outlined in the Fiscal Year 2020 Budget Message dated April 23, 2019: Fiscal Year 2020 $ 35,000,000 Fiscal Year 2021 $ 45,000,000 Fiscal Year 2022 $ 45,000,000 49 Fiscal Year 2023 $ 45,000,000 $170,000,000 The School Building Committee working with AD Architects LLC has completed the following phases related to the Three Elementary Schools Project: • Schematic Design Phase • Design Development Phase • Construction Document Phase • Construction Contractor Bidding After significant discussions with the School Committee, School Building Committee and City Council, the City leased Saint Jude School,Waltham beginning on July 1, 2020 through June 30, 2023 for swing space for the Three Elementary Schools Project. This decision will allow the Cunniff and Lowell Schools to be completed two years earlier than originally projected! The Cunniff and Hosmer Schools were bid as a single collective package in order to receive the most competitive pricing and to ensure the two schools will receive the same building systems and materials; and allow for management of a single contractor for these two projects. On June 9, 2020 the Honorable City Council unanimously approved a Proposed Loan Order totaling $103,455,000 to pay costs of constructing a new Hosmer and Cunniff Elementary Schools. During Summer 2020, the Hosmer PK-5 School was consolidated into the "Z-shaped" building. The Hosmer Preschool Program (5 classrooms) moved to the Phillips Building, which necessitated the Facilities Department relocating to another property in Watertown that will be rented during the construction of the Three Elementary Schools Project. Construction began at the Cunniff and Hosmer during Summer 2020 and the Cunniff School was completed in October 2021; and the Hosmer School will be completed next month. Construction is anticipated to begin at the Lowell School in March 2022 and completion is anticipated by end of Summer 2023. The current Lowell Elementary School will vacate during the February 2022 school vacation and relocate between the Philips Building and the City leased Saint Jude School property, located in Waltham. Lowell School is planned as a 50 complete renovation and an addition to enlarge and bring the existing school to meet the educational program needs and preserve equity among the three elementary schools within the district. Given the leasing of Saint Jude's and the acceleration of the Cunniff and Lowell Schools Project with completion dates two years earlier than originally projected, the following is the timeline for borrowing $170,000,000 for the Three Elementary Schools Project: Fiscal Year 2020 $ 16,521,891 Fiscal Year 2021 $103,455,000 Fiscal Year 2022 $ 50,023,109 $170,000,000 As stated many times in the past couple of years, as a result of the aggressive funding of the Retirement System, financing of the$170,000,000 for the Three Elementary Schools Project will be done within the confines of Proposition 2 V2. As stated previously, the Honorable City Council approved a Loan Order on March 22, 2022 in the amount of$48,895,000. This Loan Order along with a future Transfer of Funds totaling $1,128,109 will finalize all of the projected funding for the Three Elementary Schools Project. Massachusetts School Building Authority Core Program- High School The information in this section has been previously provided and is being included for historical purposes with updated information at the end of this section that are in bold. On March 28, 2017, the Honorable City Council approved the submission of a Core Program Statement of Interest to the Massachusetts School Building Authority (MSBA). As indicated on the MSBA website, the Core Program is primarily for projects beyond the scope of the Accelerated Repair Program, including extensive repairs, renovations, addition/renovations, and new school construction. The Core Program in question is the High School and this was the fourth year of submission of a Statement of Interest. On December 13, 2017, the MSBA Board of Directors voted to invite the Statement of Interest(the "SOI") for the High School into the MSBA's Eligibility Period. The 270-day Eligibility Period formalizes and streamlines the beginning of the MSBA's grant approval process and benefits the City by providing a definitive schedule for the completion of preliminary requirements, assisting with the determination of financial and community readiness, and identifying needs for planning and budgeting. Successful completion of all activities in the Eligibility Period will allow the City to be eligible for an MSBA invitation to 51 Feasibility Study. Invitation into the Eligibility Period is not an invitation to Feasibility Study. Moving forward in the MSBA's process requires collaboration with the MSBA, and an invitation to Feasibility Study will require a further vote of the MSBA Board of Directors. To qualify for any funding from the MSBA, local communities must follow the MSBA's statute and regulations, which require MSBA partnership and approval at each step of the process. The City's Eligibility Period commenced on April 2"d and concluded on December 28, 2018. On March 15, 2018, the Honorable City Council adopted twenty-seven (27) conceptual recommendations on the Fiscal Year 2019-2023 CIP. Conceptual recommendation#22 reads as follows: • That the Administration continue to develop financially prudent financing for the "Building for the Future" initiative for funding of the 3 Elementary School Project within the confines of Proposition 2%; and the proposed debt- exclusion funding of the MSBA High School Project. On October 3, 2018, the School Building Committee unanimously approved a motion to request the City Manager move forward with funding of$1,600,000 for the Feasibility Study and Schematic Design Phase for the Watertown High School Project. On November 13, 2018, the Honorable City Council approved a Proposed Loan Order totaling $1,600,000 as a follow-up to the School Building Committee's request and in accordance with the above-mentioned conceptual recommendation. On December 12, 2018, the Massachusetts School Building Authority (MSBA)voted to invite the City to partner with the MSBA in conducting a Feasibility Study for the Watertown High School. During the Feasibility Study phase, the City and the MSBA will partner pursuant to the terms of the Feasibility Study Agreement to find the most fiscally responsible and educationally appropriate solution to the problems identified at the Watertown High School. The Feasibility Study, which will be conducted pursuant to the MSBA's regulations and policies, requires the City to work with the MSBA on the procurement of an Owner's Project Manager and Designer, which will help bring the City's Feasibility Study to fruition. 52 Subsequent to the submission of the Fiscal Year 2020-2024 Capital Improvement Program on January 31, 2019, on March 12th the Honorable City Council adopted 29 conceptual recommendations including#19 which reads as follows: Concur with the decision to proceed with the "Building for the Future" initiative using proposed debt-exclusion funding of the MSBA High School Project for $157,000,000, and not proceed with the $14,177,000 for renovation projects for the high school shown in the FY2020-2024 CIP as STBD (School to Be Determined). On May 8, 2019, the MSBA approved the City's selection of Compass Project Management as the Owner's Project Manager (OPM) for the High School Project. Subsequently, a contract totaling $343,926 was executed for these OPM services. On September 17, 2019, the MSBA Designer Selection Panel (DSP) voted AD Architects LLC as the first-ranked firm for designer services for the High School Project. The DSP determined that AD Architects LLC possesses the requisite skills and experience for this project,particularly in light of their extensive experience in the design and construction of schools in Massachusetts. The DSP indicated the City should take the appropriate local steps necessary to award the contract for designer services. Subsequently, a contract totaling $1,131,900 was executed. The School Building Committee working with AD Architects LLC has been working on the MSBA"Feasibility and Schematic" process which is broken down into three phases: 1. Preliminary Design Program 2. Preferred Schematic Study& Report 3. Schematic Design The Preliminary Design Program documentation was submitted to the MSBA in February 2020 for their approval to proceed to the next step, Preferred Schematic Study and Report. Following a 2-month pause in the project due to COVID-19, the Project Team and School Building Committee reconvened regular meetings in May of 2020 and continued development of a total of(5) options and(13) schemes. These schemes explored projects ranging from just upgrading the existing school to current codes (required by MSBA), phased addition/renovation options of the existing high school, phased new construction just on the high school site, phased new construction using the both the Phillip's site and the high school site, and lastly phased new construction using Victory Field. These options/schemes were presented to the School Building Committee over a total of(9)virtual SBC meetings, as well as presented to the Community on (3) virtual Community Forums. 53 On December 2, 2020, the School Building Committee unanimously voted to proceed with the Preferred Option 3D-4 of phased new construction using both the Phillips and existing high school site, and authorized A13 and Compass Project Management to submit the Preferred Schematic Study and Report (PSR)to the Massachusetts School Building Authority (MSBA) on December 29, 2020. On January 13, 2021, the Project Team and members of the School Building Committee were advised by the MSBA's Facilities Assessment Subcommittee (FAS)to revisit their two-site preferred option 3D-4 with the goals of eliminating the inclusion of other public programs (COA, District Administration, and Public Buildings)by getting back to a one-site option, and to work to reduce the overall size and cost of the project. The School Building Committee has been working tirelessly to review conceptual design options for the new High School in an effort to ultimately select a preferred design option that is in the best interests of the City, the taxpayers and the successful education of our children. Since January, AD and Compass have studied an additional (5) options and(15) locations to temporarily locate a modular high school. On March 17, 2021 the School Building Committee unanimously voted to support Option 1H, a 4-story new building constructed on the existing high school site only in a single phase with the use of temporary modular high school on another site. The project team is currently continuing to review locations for this temporary modular high school and meeting with the Community. Options for both the high school and swing space have been presented since January over(6) virtual SBC meetings, and(2) virtual Community Meetings. The Project Team and the SBC plan to submit the new Preferred Schematic Report (PSR) to the MSBA on July 7, 2021 in anticipation of approval at the August 2021 Board Meeting. The PSR submission will complete the Feasibility Study Phase for the Watertown High School project, after which the project will proceed into Schematic Design. As you recall, on May 11, 2021 the Honorable City Council adopted a Proposed Amendment to the Proposed Fiscal Year 2021 Budget. One of the items included in the Proposed Amendment was the establishment of a New High School Stabilization Fund; and an initial appropriation of$2,500,000 thereto. Furthermore, as indicated on page 28 of the Fiscal Year 2022 Budget Message and in the Expenditure Forecast, a Transfer to the New High School Stabilization Fund is projected at $3,000,000 annually beginning in Fiscal Year 2022 through Fiscal Year 2025. On July 13, 2021, in an effort to continue addressing Fiscal Year 2022 Budget Policy Guideline II.A., the Honorable City Council appropriated$500,000 to the New High School Stabilization Fund. 54 On August 25, 2021 the Board of the Massachusetts School Building Authority (the "MSBA")voted to approve the City, as part of its invitation for Feasibility Study, to proceed into Schematic Design to replace the existing Watertown High School with a new facility serving grades 9-12 on the existing site (the "proposed project"). The Board also approved the Executive Director be authorized to extend the termination date of the Feasibility Study Agreement from December 12, 2021, to February 28, 2022. Also stated in the August 25th correspondence from John K. McCarthy, Executive Director, MSBA is the following: "It is my understanding that the City anticipates seeking community approval for this proposed project in February-March of 2022. Therefore, it is critical that the City, in conjunction with its Owner's Project Manager and Designer, submit a schedule to the MSBA as soon as possible, which should include: the work plan to complete all the required documentation for presentation to the MSBA's Board of Directors at a future Board meeting; the date of the City Meeting(s) at which the proposed project will be considered; and the anticipated design and construction schedule." Additionally, as stated in an August 25th email correspondence from Dr. Galdston, Superintendent of Schools is the following: "At this time, the design team, the OPM, and the School Building Committee will prepare for the next big milestone, the Board approval of participation in our project. Over the coming months, the District and MSBA will establish and document the project scope, budget, schedule, and MSBA financial participation. This is forwarded to the MSBA Board of Directors for their approval. Our intention is to be ready for the February 2022 board meeting to obtain their approval to participate in the grant project." As a follow-up, Mark S. Sideris, Chair of the School Building Committee and Honorable City Council President forwarded a September 8th email correspondence informing that on September 1, 2021 the School Building Committee unanimously approved a motion to request that the City Manager move forward with additional funding of two items for the New High School Project. As stated in Mr. Sideris' correspondence, "the first item of$1,115,399 is for the additional time and additional work needed to redesign the project into one building, which was a requested by the MSBA. The second item of$1,092,541 and $2,993,281 is considered bridge funding so we can continue to work on the other projects that need to take place to support the plans for the new High School. This is funding that would be included in the overall budget and we thought it was important to keep working so we can try to stay on schedule." As a follow-up to the above and as previously stated, on September 28, 2021 the Honorable City Council adopted a Proposed Amendment to the Fiscal Year 2022 Budget related to additional funding of$5,201,224 for the New High School Project. During all of the School Building Committee's tireless efforts,we have been working on how best to proceed with the financing of the new High School. We were pleased to inform that a plan was finalized and presented at the October's Fiscal Year 2023 Preliminary Budget Overview whereby financing of the new High School Project with MSBA funding 55 included will be done within the confines of Proposition 2'/2; and all of this to be done without the need to request debt exclusion financing from the taxpayers of Watertown. On December 17, 2021, the High School Project Team of Ai3 Architects and Compass Project Management submitted on behalf of the City of Watertown the Schematic Design Report to the MSBA. This report includes Schematic Design level plans and specifications for the new high school, all due diligence reports completed, cost estimates, a project schedule, Swing Space project information and cost estimates, and a proposed Total Project Budget of$198,844,252 (not inclusive of the Feasibility Study/Schematic Design costs of$2,617,421). The MSBA issued their formal comments on the Schematic Design Report submission on January 24, 2022. The Project Team has 14 calendar days to respond. In the meantime, the Project Scope & Budget/Transition Meeting was scheduled with the MSBA for Friday January 28, 2022. Honorable City Council President Sideris, and Superintendent Dr. Galdston attended this meeting with Ai3 Architects and Compass Project Management. This meeting offers the MSBA,Watertown representatives, and its Designer and OPM an opportunity to review particular aspects of the Schematic Design submittal, specifically related to eligible items for reimbursement within the Total Project Budget. This meeting also offers the opportunity for introductions between the District and the MSBA's Construction Administration team. The MSBA Construction Administration team will outline key details for collaboration during the Design Development and Construction phases of the Watertown High School project. Assuming all of the above meetings and information exchanges go as expected, the MSBA Board will consider approval of the Watertown High School Project on March 2, 2022. This approval will be impetus for the execution of the Project Funding Agreement,which will be the guiding document for the duration of the Project. The Honorable City Council's Fiscal Year 2023 Budget Policy Guideline ILA. reads as follows: • Continue support for Building for the Future Initiative funding in collaboration with the School Building Committee, for the Three Elementary Schools project, and for the MSBA High School project, without debt exclusion funding. 56 Conceptual Recommendation#14 on the Fiscal Year 2023-2027 CIP adopted by the Honorable City Council on March 22, 2022 reads as follows: • For the `Building for the Future" High School Project: in consideration of the MSBA approval on March 2, 2022 of the Schematic Design Submittal of December 17, 2021 with a revised cost of$198,844,252, and in further consideration of the plan presented at the October 12, 2021 Preliminary Budget Overview to pay for the new High School Project without a debt-exclusion override, the City Council has scheduled a First Reading on March 8, 2022, and a Public Hearing and Vote on March 22, 2022, for a loan order for 5198,844,252 which is the entire amount of the project as required by the MSBA. Confirm the following recommendations as follows: Proceed with the FY22 $9,798,779 proposed loan order or transfer of funds for design costs. • Proceed with the estimated FY23 $75,000,000 and estimated FY24 $75,000,000 proposed loan orders for the High School Project. • The MSBA Estimated Maximum Total Facilities Grant reimbursement is $44,283,365 Given the above, the Honorable City Council on March 22, 2022 approved a Loan Order in the amount of 5198,844,252 for the New High School. The financing of the New High School including a MSBA Grant and the City's share of approximately $155,000,000 being paid over 30 years. This financing plan is based upon no debt exclusion vote, or in other words within the General Fund Operating Budget and within the confines of Proposition 2 %2. Two brand new, net zero, elementary schools completed with students already occupying them, another elementary school renovation with additions under way and the new Watertown High School Project which will be lead platinum starting in the summer of 2023. Halfway there! What an accomplishment thus far for our student and our community. Many thanks and appreciation to all who have had a role, continue to have a role in building these new schools! In case anyone is forgotten, and I would be remiss if I did not repeat it, all of this $370,000,000 for four schools being financed within the confines of Proposition of 2 %Z. Phillips School/Senior Center Master Plan/Feasibility Study The Honorable City Council's conceptual recommendation#23 on the Fiscal Year 2022-2026 Capital Improvement Program reads as follows: In consideration of the proposed one-site design for the High School Project presented at the March 3, 2021 School Building Committee, which removed all non-academic functions from the project including the proposed new Senior Center, new School Administration offices, and new Department of Public Buildings facility,proceed with a Master Plan/Feasibility Study for the Phillips School/Senior Center site, to identify future Capital Improvement Program funding. 57 Given that conceptual recommendation, on May 11, 2021 the Honorable City Council approved a Proposed Amendment to the Fiscal Year 2021 Budget which included monies to move forward with a Master Plan/Feasibility Study of the Phillips School/Senior Center site to identify future Capital Improvement Program funding. A draft Master Plan/Feasibility Study has been prepared and will be presented to the community in the near future and consideration will be given on how best to proceed. Street and Sidewalk Improvements Street and sidewalk maintenance is one of the top priorities in the Honorable City Council's Fiscal Years 2009 through 2023 Budget Policy Guidelines. Within the Fiscal Year 2023-2027 CIP, $114,085,800 is designated for street and sidewalk improvements. The Fiscal Year 2023 General Fund Budget includes $1,228,920 to augment projected Chapter 90 monies. Beginning in Fiscal Year 2013 and continuing through Fiscal Year 2021, the Honorable City Council authorized nine (9) Loan Orders totaling $24,075,000 to fund Street and Sidewalk Improvements. On July 13, 2021 the Honorable City Council approved a Loan Order totaling $1,500,000 to fund connector roads/longer streets improvements at Waverly Avenue between Orchard and Belmont Streets. On November 23, 2021, the Honorable City Council approved a list of streets to be included in the Fiscal Year 2022 Road Program. A Proposed Loan Order totaling $2,500,000 was approved by the Honorable City Council on March 22, 2022. As a follow-up to an adopted conceptual recommendation on the Fiscal Year 2023-2027 Capital Improvement Programs, a Proposed Loan Order for $325,000 will be brought forward for the Community Path design from Saltonstall Park to Taylor Street, subject to policy guidance from City Council's Public Works Committee. Subsequent to this design, $3,000,000 was and remains included in the Fiscal Year 2020 CIP for construction of the Community Path. In accordance with an Action Item adopted by the Honorable City Council at their January 8, 2019 City Council Meeting, future Loan Orders for"connector roads and longer streets" have been included in the Proposed Fiscal Year 2023-2027 Capital Improvement Program. In accordance with an Action Item adopted by the Honorable City Council at their November 23, 2021 City Council Meeting, future Loan Order amounts for Street and Sidewalk Improvements; and connector roads and longer streets improvements have been increased beginning in Fiscal Year 2024 to accelerate road & sidewalk repairs and to accommodate price escalations and required Stormwater Improvements. 58 Conceptual recommendation#31 on the Fiscal Year 2022-2026 Capital Improvement Program related to the Mount Auburn Street Project totaling $21,000,000 reads as follows: • Concur with the recommendation to move the Mt Auburn Street reconstruction from FY22 to FY23 based on MassDOT feedback(CIP line 296), with the understanding that additional local funds may be required for this project for items not included in the TIP funding. The Fiscal Year 2023-2027 CIP includes $2,600,000 for Appraisals & Easement for the Mt. Auburn Street Corridor Project within Fiscal Year 2023. A Loan Order will be requested during Fiscal Year 2023 as part of the MassDOT TIP Funding Project. Five future Loan Orders for Street and Sidewalk Improvements totaling $24,600,000 are included in the Proposed Fiscal Year 2023- 2027 CIP. The following is the schedule of Proposed Loan Orders for Street and Sidewalk Improvements: Fiscal Year 2023 $ 6,600,000 Fiscal Year 2024 $ 4,200,000 Fiscal Year 2025 $ 4,400,000 Fiscal Year 2026 $ 4,600,000 Fiscal Year 2027 $ 4.800,000 TOTAL: $24,600,000 Capital Projects Stabilization Fund As you recall and as stated in the Fiscal Year 2019 Budget Message dated May 1, 2018, the original North East Solid Waste Committee Agreement(NESWC) expired in September 2005 and the City has executed three Post 2005 Agreements through Fiscal Year 2020. As a result of these actions and the foresight the City had in funding the significant costs of the NESWC Agreement, transfers of$500,000 annually from the Capital Projects Stabilization Fund began in Fiscal Year 2006 and will continue through Fiscal Year 2020. In order to continue the annual transfer of$500,000 beyond Fiscal Year 2020, we looked for opportunities to make transfers to this Stabilization Fund in an effort to support Capital Projects. On July 10, 2018, the Honorable City Council appropriated $500,000 to this Stabilization Fund in order to continue the annual transfer of$500,000 through Fiscal Year 2021. On October 23, 2018, the Honorable City Council approved a Proposed Amendment to the Fiscal Year 2019 Budget that included an appropriation of$500,000 to this stabilization fund in order to continue the annual transfer of$500,000 through Fiscal Year 2022. 59 On June 25, 2019, the Honorable City Council appropriated $500,000 to this Stabilization Fund in order to continue the annual transfer of$500,000 through Fiscal Year 2023. On November 12, 2019, the Honorable City Council approved a Proposed Amendment to the Fiscal Year 2020 Budget that included an appropriation of$500,000 to this stabilization fund in order to continue the annual transfer of$500,000 through Fiscal Year 2024. On July 14, 2020, the Honorable City Council appropriated $500,000 to this Stabilization Fund in order to continue the annual transfer of$500,000 through Fiscal Year 2025. On June 22, 2021, the Honorable City Council appropriated $500,000 to this Stabilization Fund in order to continue the annual transfer of$500,000 through Fiscal Year 2026. In order to continue the annual transfer beyond Fiscal Year 2026, we will look for opportunities to make transfers to this Stabilization Fund in an effort to support capital projects. WATER AND SEWER ENTERPRISE BUDGETS In Fiscal Year 1999, the City Council established the Water and Sewer Enterprise Funds. The City Council adopted a three-tiered rate structure to equitably charge each class of customer, encourages conservation, minimizes low income and elderly charges and provides capital improvement funds. The continued utilization of enterprise funds will allow us to demonstrate which portions of the total cost of services are recovered through user charges versus the tax levy. The surplus or retained earnings, if any, will remain with the fund either to develop reserve funds for system improvements or to offset future rate increases. The Fiscal Year 2023 Water and Sewer Enterprise Budgets total $20,255,571, which is an increase of$566,258 above the Fiscal Year 2022 amount of$19,689,313. The Fiscal Year 2023 Budget includes funding of twenty (20) full-time employees. The required Massachusetts Water Resources Authority (MWRA) assessments for Fiscal Year 2023 is $11,017,478, which is a decrease of$26,500 from the Fiscal Year 2022 budgeted assessments. The total MWRA Assessments for Fiscal Year 2023 calculates to 54.39% of the combined Water and Sewer Fiscal Year 2023 proposed budgets. The DPW staff along with consultants have been analyzing during Fiscal Year 2022, the Water and Sewer Rates structure along with the need to build adequate retained earnings for both Enterprise Funds. This analysis also includes the need to increase in the City's investment of the water/sewer system infrastructure while trying to minimize the impact of annual rate increases to our water and sewer customers. DPW and the consultants are looking at restructuring the City's tier system that has been in effect since 1999. A 60 draft report was provided and discussed at a recent BFO meeting. The formal request will be submitted to the Honorable City Council within the next couple of weeks. As a result, the proposed Fiscal Year 2023 Water& Sewer Rates will be presented to the Honorable City Council prior to voting on the Submitted Fiscal Year 2023 Budget. Improvements to the water and sewer infrastructure is one of the allowable uses of the ARPA funds. In order to minimize future necessary rate increases as well as improving the City's investment in the water and sewer infrastructure. I respectfully request the Honorable City Council approve at last 50% of the ARPA funds be utilized for water and sewer infrastructure. Water and Sewer Enterprise Funds Capital Improvement Program (CIP) The proposed Fiscal Year 2023-2027 Water and Sewer Enterprise Funds CIP totals $21,400,000 and is included in this document. Stormwater Infrastructure Improvements of$36,150,000 are included in the same document with the funding source "to be determined "(TBD) to support design and construction of future projects targeting phosphorus removal to comply with the City's NPDES permit, issued by the EPA. The Permit requires specific phosphorus reduction targets be met over a 20-year timeframe as part of a Phosphorus Control Plan (PCP). The City continues documenting existing phosphorus removal activities for future credit towards the reduction target. Phosphorus control elements are also included in many capital projects using existing funding sources. The PCP must be completed by June 30, 2023. Over the next year, the City will continue to develop a Plan and also identify funding needs. As indicated in the Fiscal Year 2016 Budget Message, and in accordance with City Council's Budget Policy Guideline, a determination of how to fund future stormwater infrastructure improvements will be undertaken. Options exist including the creation of a stormwater utility, which could be set up as an Enterprise Fund (as the City of Newton has done); or financing could be established through the General Fund. The Honorable City Council's Fiscal Year 2022-2026 Capital Improvement Program conceptual recommendations #27, #28, #29, and#30 reads as follows: Confirm the previous recommendation to proceed with the FY20 MWRA Sewer Inflow& Infiltration Local Financial Assistance Program for $1,050,000 consisting of a $787,500 grant and a $262,500 interest-free loan order; plus proceed with the FY20 MWRA Local Water System Assistance Program $500,000 interest-free loan order to replace outdated unlined cast iron water mains. 61 • Proceed with the FY21 MWRA Sewer Inflow & Infiltration Local Financial Assistance Program for $1,050,000 consisting of a $787,500 grant and a $262,500 interest-free loan order; plus proceed with the FY21 MWRA Local Water System Assistance Program $500,000 interest-free loan order to replace outdated unlined cast iron water mains. • Confirm the prior recommendation to proceed with the FYI proposed Sewer Enterprise Fund loan order for $270,000 for a Heavy-duty Crane; and the prior recommendation to proceed with the FYI proposed Water Enterprise Fund loan order for $60,000 for a Utility Truck. • Concur with the decision to move the following items for proposed FY21 loan orders to FY22: • Sewer Enterprise Fund Street Sweeper @ 250,000 (FY21 line 10, FY22 line 9) • Water Enterprise Fund Utility Track @ 60,000 (FY21 line 23, FY22 line 21) On May 11, 2021, the Honorable City Council approved a Proposed Loan Order totaling $1,050,000 from the Fiscal Year 2020 CIP utilizing monies from the MWRA Inflow and Infiltration 1/I Local Financial Assistance Program which consists of a $787,500 grant (75%) and a$262,500 interest free loan (25%)payable over five years. On May 11, 2021, the Honorable City Council also approved a proposed interest free Loan Order totaling $500,000 from the Fiscal Year 2020 CIP utilizing monies from the MWRA Local Water System Assistance Program (LWSAP). This program provides funds for replacing outdated unlined cast iron water mains in the City's distribution system which will improve system water quality and increase system pressures and flows. Lastly, on May 11, 2021, the Honorable City Council approved a proposed interest free Loan Order totaling $600,000 from the Fiscal Year 2020 & 2021 CIP utilizing monies from the MWRA's Local Water System Assistance Program for Lead Service Line Replacement. This program provides funds to communities for efforts to fully replace lead service lines. On September 28, 2021, The Honorable City Council approved a proposed Loan Order totaling $1,628,000 for Department of Public Works equipment, of which$250,000 was for a Sewer Enterprise Fund Street Sweeper. On October 26, 2021, the Honorable City Council approved a proposed Loan Order totaling $4,733,900 in order to move forward with funding of the Water Meter Replacement Program. 62 The Honorable City Council Fiscal Year 2023 CIP conceptual recommendation#26, 27 and 28 reads as follows: • Proceed with the FY21 MWRA Sewer Inflow & Infiltration Local Financial Assistance Program for $1,050,000 consisting of a$787,500 grant and a $262,500 interest-free loan order;plus proceed with the FY21 MWRA Local Water System Assistance Program $500,000 interest-free loan order to replace outdated unlined cast iron water mains. • Proceed with the FY22 MWRA Sewer Inflow & Infiltration Local Financial Assistance Program for $1,050,000 consisting of a $787,500 grant and a $262,500 interest-free loan order;plus proceed with the FY22 MWRA Local Water System Assistance Program $500,000 interest-free loan order to replace outdated unlined cast iron water mains; plus proceed with the FY22 MWRA Local Water System Assistance Program $300,000 interest-free loan order to replace lead service lines. • Re-confirm the prior recommendation to proceed with the FYI proposed Sewer Enterprise Fund loan order for $270,000 for a Heavy-duty Crane and the prior recommendation to proceed with the FYI proposed Water Enterprise Fund loan order for $60,000 for a Utility Truck Proposed Loan Orders will be brought forward for these items listed in the near future. Utilization of ARPA funding will also significantly help with improving the water and sewer infrastructure and help minimize future rate increases. In Fiscal Years 2022 and 2023, The Department of Public Works will be undertaking multiple projects throughout the City utilizing previously appropriated capital funds. The various projects are related to the following: • Inflow and Infiltration Removal • Sewer and Drain Replacement& Relining • Water System Improvements • Water Main Replacements All of the work to the water, sewer and drain systems directly impacts the Water and Sewer rates. Interest free loans and outright grants will enable the City to perform necessary work in order to maintain the City's water and sewer infrastructure. General Government The Submitted Fiscal Year 2023 Budget appropriation is $8,339,128, a projected increase of$701,844 over the Fiscal Year 2022 Revised Appropriation. The Fiscal Year 2022 Budget included funding of fifty-eight(58) full time and five (5)part time employees 63 within the fourteen (14) General Government departments. Funding has been included for two additional positions in the following departments: Community Development& Planning and Public Buildings. Therefore, the Fiscal Year 2023 Budget includes funding of sixty (60) full time and five (5)part time employees within the fourteen (14) General Government departments. The City Council Reserve Fund of$2,152,000 is an increase of$191,000 from the current Fiscal Year 2022 revised appropriation. This budget will be used for unforeseen/additional needs as well as union contract settlements. City Manager As the Honorable City Council is currently going through a process to hire a new permanent City Manager funding of this position has been included and estimated at $225,000. Additionally, one of the top priorities of the Honorable City Council's Fiscal Year 2022 ranked Program Enhancement/Expenditures Budget Policy Guideline is II.B. and reads as follows: • Enhance the capabilities of the City Manager's office with consideration given to creating a Deputy City Manager position as previously recommended in the Division of Local Services' Financial Management Review, with responsibilities to include managing communication content and enhancing public engagement, and other duties as assigned. Therefore, funding of the permanent Deputy City Manager salary has been included and estimated at $145,000. Elections During Fiscal Year 2023, the Election Commission is scheduled to conduct the following election exercises: Preliminary State Election—Tuesday, September 6, 2022 General State Election - Tuesday November 8, 2022 Funding has been included to have polls open from 7:OOAM-7:OOPM. Community Development& Planning In accordance with many years of the Honorable City Council's Fiscal Year Budget Policy Guidelines, the Community Development and Planning Department will continue implementation of key recommendations of the Comprehensive Plan, and now it's update which is well under way. The Plan deals with a broad spectrum of issues and encourages the City government and its citizens to work in concert towards common goals. Long range plan implementation includes continuing to promote a diversified and growing tax base through implementation of the Strategic Framework for Economic Development, (Budget Policy Guideline I.A.) with a long-term goal to increase City revenue. 64 Economic development efforts will also encourage investment and redevelopment of abandoned or underutilized properties in the City, including City facilities (Fiscal Year 2023 Budget Policy Guideline II.K.) Watertown is well positioned to continue to see economic growth in several sectors, most notably through the continued development of bio laboratory space and multifamily residential projects. Honorable City Council's Fiscal Year 2023 Budget Policy Guidelines L C. is related to pursuing grants. The Department continues to pursue grants, including a current pending application for electrification of the Pleasant Street Shuttle, public arts, and other grant opportunities. Council's funding for the Climate and Energy Plan has allowed for the hiring of consultant services that have created a draft Plan that will guide the City in preparation for the impacts of climate change and implementation of corrective actions. Honorable City Council's Fiscal Year 2023 Budget Policy Guidelines II. F. is related to the Watertown Transportation Management Association (TMA) and the creation of a Shuttle Bus Program. The City staff continues to work with the TMA and its members on a number of activities designed to reduce single occupant vehicle travel. The Arsenal Street corridor shuttle has been in operation and providing service, and the Pleasant Street shuttle has started service despite reduced demand created by the pandemic. The Department is also working to implement the new Bicycle and Pedestrian Plan. The Bicycle and Pedestrian Plan will improve bicycle and pedestrian facilities as a means to decrease single occupancy vehicle travel, reduce pollution, and promote healthy transportation options. This includes establishing Blue Bike Service in the community. Honorable City Council's Fiscal Year 2023 Budget Policy Guidelines II.F., and 11.1. read as follows: • Continue to work with the Watertown Transportation Management Association to identify sustainable sources of funding, including tax revenue if needed, for the shuttle bus program. • Continue to enhance the capabilities of the Department of Community Development and Planning by adding resources and/or redeploying existing resources. As a follow-up to these guidelines, Steven Magoon, Community Development& Planning Director/Acting Deputy City Manager requested additional funding for the following items: • Create a Conservation Agent position • Funding for the Pleasant Street Shuttle operation 65 The request for the creation of a Conservation Agent position is in order to allow the existing staff to focus on climate resiliency efforts. The separation of the climate and resiliency from Conservation Commission duties is consistent with the recommendations of our draft Climate and Energy Plan. This will allow for the focused efforts of a Senior Planner position on the important work to help Watertown achieve our climate and energy goals. Hiring a separate Conservation Agent will also provide dedicated staff resources to the important work of the Conservation Commission. Staff worked with the TMA on a grant application to the State to fund the Pleasant Street Shuttle, which has not been in operation since the fall of 2021. While it is envisioned that the shuttle service will eventually be developer funded, it is imperative to have funding in place for the first several years to demonstrate its effectiveness and establish ridership. We are hopeful that an additional grant application will be successful to electrify this bus service. Funding of$100,000 is included in the Fiscal Year 2023 Submitted Budget which will allow the Pleasant Street Shuttle and Blue Bikes operations to proceed as planned. Staff is also actively implementing our Public Arts and Culture Master Plan. The Public Arts and Culture Committee is meeting regularly and actively pursuing a number of efforts to bring arts and culture to Watertown, including grant applications for specific projects. Open Space and Recreation Plan The Honorable City Council adopted the Open Space and Recreation Plan (the Plan) in April 2015. A review of the recommendations of the Plan for implementation is ongoing. Goal 1 of the Plan is to "Improve the amount, accessibility, and condition of Watertown's Recreational Resources"; and Objective 1-1 is to "Acquire open space, particularly spaces that would enhance and leverage existing resources in under-represented sections of the City." Given that Goal and Objective, the Honorable City Council made a joint referral to the Council's Human Services and Economic Development Committees to develop an open space prioritization conceptual recommendation. As a follow-up to the above-mentioned goal and objective, on October 25, 2016 the Honorable City Council approved a Resolution to acquire property known as 10 Winter Street by Eminent Domain for parking and open space purposes. The acquisition of this property represents an opportunity to implement several goals of the Open Space and Recreation Plan and Comprehensive Plan including the furtherance of the Community Path through the central portion of the City. Further, the City Council's Committee on Human Services met with the Conservation Commission in Executive Session to prioritize proposals for possible open space acquisition. The current update of the Comprehensive Plan will also include an update to our Open Space and Recreation Plan as an initial element of these efforts. This will take advantage of state grant funding, and will also make us eligible for additional State open space and recreation grants. The City Council will be meeting in Executive Session to further discuss this endeavor. 66 As a follow-up to Goal 1 of the City's Open Space and Recreation Plan, the City and Buckingham Browne &Nichols School (BB&N) executed a Memorandum of Understanding (MOU)regarding the proposed shared use of Watertown's Filippello fields and BB&N's future fields on Grove Street. The MOU will allow our residents to use BB&N's proposed fields in the evenings, on weekends, and throughout much of the summer. In return, BB&N will have access to the City's Filippello Park fields right after school each day for their athletic teams. This is a very exciting opportunity for a partnership with BB&N and the City of Watertown that will increase open space capacity for recreation and exercise. The Honorable City Council's Fiscal Year 2023-2027 Capital Improvement Program conceptual recommendation#33 reads as follows: • Concur with the City Manager's recommendation for the City Council to continue discussion on the following items: • Reuse of Former North Branch Library Record Storage Management& related issues • Department of Public Works Staging Areas Acquisition of Land for open Space and/or Recreation use As a follow-up and as indicated earlier, the Fiscal Year 2023 Submitted Budget includes $1,250,000 Transfer to the Acquisition of Land/Open Space Stabilization Fund. Additionally, a Transfer to this Stabilization Fund is projected at $1,250,000 annually from Fiscal Year 2024 through Fiscal Year 2026 Budgets. Lastly, the Department of Community Development and Planning Budget includes funding to update the Open Space and Recreation Plan through grant funding, staff and consultant services. Work has begun on the update as previously mentioned as the first effort Information Technology The Submitted Fiscal Year 2020 appropriation for the Information Technology Department was $795,583, which was an increase of $50,576 over the Fiscal Year 2019 Budget. Funding was continued to augment services by sharing of a current school employee. Honorable City Council's Fiscal Year 2019 Budget Policy Guideline ILG. reads as follows: "Move forward with a City-wide Information Technology Assessment to review the acquisition, distribution, and management of IT resources, including staffing levels and positions required to support the City's IT environment, improve the functionality of the City's website, and improve communications with residents." As a follow-up to that Budget Policy Guideline, on March 26, 2019, the Honorable City Council approved a transfer of funds totaling $61,500 in order to move forward with a City-wide Information Technology Assessment. 67 On November 26, 2019, the Honorable City Council adopted the Fiscal Year 2021 Budget Policy Guidelines and Policy Guideline II.D. reads as follows: • Consider the recommendations of the City-wide Information Technology Assessment to review the acquisition, distribution, and management of IT resources, including staffing levels and positions required to support the City's IT environment, improve the functionality of the City's website, and improve communications with residents. On December 23, 2019, copies of the IT Assessment conducted by Plante Moran were forwarded to the Honorable City Council for their information and review. As a follow-up to the Honorable City Council's Fiscal Year 2021 Budget Policy Guideline II.D., funding was included in the Submitted Fiscal Year 2021 Budget to begin addressing IT staffing needs and website content management with the following positions and additional resources: • Chief Information Officer • IT Infrastructure Leader • Website and Social Media Leader • Increased Funding of Contracted Services • Increased Funding of Equipment Replacement On June 8, 2020, the Submitted Fiscal Year 2021 appropriation for the Information Technology Department was $1,193,498, which was an increase of$395,724 over the Revised Fiscal Year 2020 Budget. On October 19, 2020, Christopher L. McClure was appointed to the position of Chief Information Officer. Mr. McClure has served as Information Technology Director for twenty years in four (4) other Massachusetts communities. Mr. McClure has greatly assisted the Administration by enhancing the Information Technology's delivery of services including addressing foundational opportunities identified in the IT Assessment conducted by Plante Moran and the IT staffing needs required to support the City's IT environment; and improving the functionality of the City's website and improving communications with our residents. On November 24, 2020, the Honorable City Council adopted the Fiscal Year 2022 Budget Policy Guidelines and Budget Policy Guideline II.H. reads as follows: With the hiring of the Chief Information Officer, carry out the remaining recommendations of the City-wide Information Technology Assessment to review the acquisition, distribution, and management of IT resources, including staffing levels and positions required to support the City's IT environment, improve the functionality of the City's website, and improve communications with residents. 68 On April 13, 2021 the Honorable City Council approved a transfer of funds totaling $559,100 for the following four (4) Information Technology items: • GIS system @ 50,000 • Replace Phone System @ 180,273 • Replace & Upgrade Technology @ 271,972 • Document Management System @ 56,855 On April 12, 2022, the Honorable City Council approved a Transfer of Funds totaling $572,000 for the following (4) four Information Technology items: • Infrastructure Improvements @ 300,000 • Permitting/Transparency Dashboards @ 100,000 • Video Security&Access Control @ 100,000 • Fiber Loop Buildout and Cabling @ 100,000 Therefore, given all of the above, the Submitted Fiscal Year 2023 appropriation for the Information Technology Department is $1,523,491 which is an increase of$185,163 over the Revised Fiscal Year 2022 Budget. Information Technology improvements totaling $700,000 from the Fiscal Year 2023 CIP will be adjusted to $500,000 in future Loan Orders and/or Transfer of Funds requests because $200,000 in recommended in the capital projects section of the Submitted Fiscal Year Budget for Information Technology. Department of Public Buildings A Memorandum of Agreement between the Honorable School Committee and Honorable City Council agreeing to the creation of a joint municipal and school facilities department in accordance with Massachusetts General Laws Chapter 71, Section 37M was executed in July 2018. In accordance with Fiscal Year 2020 Budget Policy Guideline II.N., the structure and performance of the new Public Buildings Department continues to be reviewed and monitored. The Fiscal Year 2023 appropriation is $1,232,903 and is $174,826 above the Revised Fiscal Year 2022 Budget. As indicated earlier, funding has been included for a Project Manager to assist the Director of Facilities in overseeing the Administration Building and other Public Buildings. 69 The Fiscal Year 2023 School Budget and various other City Department's Budgets includes funding related to the Department of Public Buildings. Discussions will continue on how best to proceed in merging these related funds from other departments into the Department of Public Buildings Budget. State and County Charges The Fiscal Year 2023 State and County Charges Appropriation is $3,164,445, which is an increase of$136,315 over the Revised Fiscal Year 2022 Budget. The MBTA Assessment of$2,447,477 represents 77.34% of this appropriation. Retirement Benefits As indicated earlier, Standard&Poor's Rating Services and Moody's Investor Services cited the City's plans to address its Unfunded Pension and Other Post-Employment Benefits (OPEB) liabilities as one of the factors in the City's bond upgrades. As of January 1, 2021, the Unfunded Pension Liability of the Retirement System was $3,997,716, a decrease of$62,532,572 from the Unfunded Pension Liability of$66,530,338 as of January 1, 2010. The Council's Budget Ongoing Policy Guideline I. C. is related to Pension Liability and Other Post-Employment Benefits and reads in part as follows: In order to achieve long term financial stability, meet the City's obligation to its employees and retirees, and maintain favorable bond ratings, the Council, the Retirement Board and City Manager will work to address the City's unfunded pension liability and other post-employment benefits (OPEB). On July 17, 2012, the Honorable City Council established the Unfunded Pension Liability Paydown Stabilization Fund and appropriated$750,000 into said fund. That action allowed an appropriation of$250,000 to the Unfunded Pension Liability Paydown account in Fiscal Years 2014, 2015 and 2016. On July 16, 2013, the Honorable City Council appropriated another $750,000 into said fund. That action allowed an appropriation of $250,000 to the Unfunded Pension Liability Paydown Account in Fiscal Years 2017, 2018 and 2019. The City's strong commitment to address the Unfunded Pension Liability is evidenced by the Pension Appropriation increasing by $11,159,992 from Fiscal Year 2009 through Fiscal Year 2019, which is a 152.34% increase or an annual average increase of 15.23% over those ten fiscal years. The Watertown Contributory Retirement Board's (WCRB) Funding Schedule as of January 1, 2018 had the Retirement System being fully funded on July 1, 2019. 70 During the presentation of the Fiscal Year 2020 Preliminary Budget Overview on October 8, 2018, it was indicated the City is on the verge of having a fully funded retirement system on July 1, 2019 and we were proposing a long-range funding plan commencing in Fiscal Year 2020 for addressing the Unfunded Other Post-Employment Benefits (OPEB) Liability. The projected Fiscal Year 2020 Pension appropriation was $8,088,176, a decrease of$10,397,396 from the Fiscal Year 2019 appropriation. Subsequent to the Overview and upon further reflection on the Pension Trust's market return of-4.7% in calendar year 2018, an additional appropriation of$5,000,000 was recommended to the Unfunded Pension Liability Paydown account in Fiscal Year 2020 to address concerns with the calendar year 2018 performance. The funding level of the Pension appropriation for Fiscal Year 2020 was $13,180,613, which is a decrease of$5,304,959 over the Fiscal Year 2019 appropriation. The Watertown Contributory Retirement Board (WCRB)had a funding schedule review conducted as of January 1, 2020. This funding schedule was approved by the Public Employee Retirement Administration Commission (PERAC) and has the Retirement System being fully funded on July 1, 2021. The WCRB had the system's most recent funding schedule review conducted as of January 1, 2021. This funding schedule review was approved by PERAC. The review showed that the system's funding ratio was 98.3% as of January 1, 2021. Since the Fiscal Year 2022 appropriation of$7,459,084 was paid to the Retirement System on July 1, 2021, the Retirement System was deemed fully funded as of July 1, 2021. Therefore, the recommended funding level of the Pension appropriation for Fiscal Year 2023 is $1,100,000, which is a decrease of $6,409,084 over the Fiscal Year 2022 appropriation. The Retirement System had market returns of 18.6% in calendar year 2019, 12.5%in calendar year 2020; and 16.2% in calendar year 2021. A funding schedule review as of January 1, 2022 is currently being conducted. That being said, given the uncertainty of the financial market, funding of the Retirement System will still need to be monitored. Additionally, the Honorable City Council in October of 2021 approved a $5,000,000 Transfer of Funds to the City's Unfunded Pension Liability Stabilization Fund in the event of a downturn in the financial market. 71 The following are the projected funding levels of the Pension appropriation for Fiscal Years 2023-2026 including the increase/decrease for each fiscal year. Projected A_Dnrobriation Fiscal Year 2023 $ 1,100,000 Fiscal Year 2024 $ 1,100,000 Fiscal Year 2025 $ 1,100,000 Fiscal Year 2026 $ 1,100,000 Other Post-Employment Benefits (OPEB) On July 10, 2007, the Honorable City Council voted to establish an Other Post-Employment Benefits (OPEB) Stabilization Fund and transferred an initial $864,710 into this fund as a first step in the development of a plan to address the City's OPEB obligation. On July 8, 2008, The Honorable City Council transferred an additional $151,987 to the OPEB Stabilization Fund. An OPEB Trust Fund will be established and monies previously appropriated to the OPEB Stabilization Fund will be converted to the Trust Fund in accordance with the City Council Ongoing Budget Policy Guideline. The City engaged Sherman Actuarial Services, LLC to prepare an actuarial valuation of the post-retirement benefits program as of June 30, 2015. The City provided employee data and premium information. The purpose of the valuation was to analyze the current funded position of the City's postretirement benefits program, determine the level of contributions necessary to assure sound funding and provide reporting and disclosure information for financial statements, governmental agencies and other interested parties. This valuation report contains information required by the Government Accounting Standards Board's Statements Nos. 43 and 45, respectively entitled "Financial Reporting for Postemployment Benefit Plans Other Than Pension Plans" and"Accounting and Financial Reporting by Employers for Post-employment Benefits Other Than Pensions." According to GASB principles, if the benefits are not pre-funded, the rate earned by the General Asset Account must be used. Liabilities have been determined on a pay-as-you-go basis using a discount rate between 3.5% - 3.75%. The unfunded actuarial liability decreased from $163,903,670 to $132,944,757 from 2013 to 2015,based on a 3.5% discount rate. The primary drivers for the decrease were fewer participants in the plan, less than expected increases in premium costs and retirees electing less expensive plan options. 72 The Actuarial Valuation Report of the City of Watertown Post- Retirement Benefits Plan as of June 30, 2015 was referred to the Committee on Budget and Fiscal Oversight at the March 8, 2016 City Council Meeting. On December 12, 2016, Daniel Sherman, Sherman Actuarial Services, LLC, met with the Council's Committee on Budget and Fiscal Oversight regarding Other Post- Employment Benefits (OPEB)recommendations. The following is an excerpt from the Committee minutes: Moving forward, four steps were identified: 1. The current pension assumptions were based on the 1/1/2015 Actuarial Valuation. A new valuation will be done effective 1/1/17 and will be completed in April or May. The Committee will reexamine assumptions of the FY2020 pension savings when this new data is available. 2. Mr. Sherman identified some minor problems with Chapter 218 of the Acts of 2016, as described in his email November 16, 2016 (attachment B). It was his recommendation to wait until these issues are fixed before voting to establish an OPEB Trust Fund under this section of the law. Representative Hecht stated that he would take the action to follow up on a legislative solution. 3. The composition of the Board of Trustees is something that needs further examination considering the range of options available. The Committee will be looking at best practices in other communities and will study this further before making a recommendation. 4. Determining the length of the funding schedule is critical. The current OPEB assumptions were based on the 6/30/2015 Actuarial Valuation. A new valuation will be done effective 6/30/2017 and will be completed in August. The Committee requested that Mr. Sherman include a range of potential funding schedules in the report, to allow discussion on options moving forward. The City engaged Sherman Actuarial Services, LLC to prepare an actuarial valuation of their post-retirement benefits program as of June 30, 2017. The City provided employee data and premium information. The unfunded actuarial liability decreased from $132,944,757 to $122,602,207 from 2015 to 2017, based on a 3.75% discount rate. The primary drivers for the decrease were fewer participants in the plan, less than expected increases in premium costs and retirees electing less expensive plan options. 73 The Actuarial Valuation Report of the City of Watertown Post- Retirement Benefits Plan as of June 30, 2017 was submitted to the Honorable City Council for their review and consideration. On December 10, 2018, Daniel Sherman, Sherman Actuarial Services, LLC met with the Council's Committee on Budget and Fiscal Oversight (BFO) to review options for an Other Post Employment Benefit (OPEB) Trust Fund and to make recommendations to the City Council. On January 22, 2019, as a follow up to recommendations from the BFO, the Honorable City Council adopted an Order Establishing the Watertown OPEB Trust Fund by adopting M.G.L. Chapter 32B Section 20, designated the City Treasurer to be the Trustee of the Fund: and approved the use of M.G.L Chapter 203C, the Massachusetts Prudent Investor Act to invest OPEB Trust Funds. Additionally, the Honorable City Council adopted an action item requesting the Administration develop an Investment Policy Statement for the OPEB Trust Fund and establish a Funding Plan to address the Unfunded OPEB Liability. As a follow up to the request for a Funding Plan, the following was the projected Funding Plan to address the Unfunded OPEB Liability: Fiscal Year 2020 $ 8,016,203 Fiscal Year 2021 $16,772,287 Fiscal Year 2022 $12,637,298 Fiscal Year 2023 $ 8,605,156 Fiscal Year 2024 $ 5,675.446 Fiscal Year 2025 $ 6,235,899 Fiscal Year 2026 $ 6,798,315 Fiscal Year 2027 $ 7,362,836 Fiscal Year 2028 $ 7,929,610 Fiscal Year 2029 $ 7,074,222 Total $87,107,272 As indicated in the Fiscal Year 2020 Budget Message, the above mentioned OPEB Funding Plan over the next ten (10) fiscal years is projected to result in the OPEB Liability being fully funded. The projected OPEB Funding Plan may be adjusted to address any issue that may arise with the Pension Trust and the upcoming June 30, 2019 actuarial valuation of the post-retirement benefits program. The City engaged Sherman Actuarial Services, LLC to prepare an actuarial valuation of the post-retirement benefits program as of June 30, 2019. The City provided employee data and premium information. 74 The unfunded actuarial liability decreased from $122,602,207 to $115,370,918 from 2017 to 2019, based on a 3.75% discount rate. The primary drivers for the decrease were fewer participants in the plan, less than expected increases in premium costs and retirees electing less expensive plan options. The recommended funding level of the OPEB appropriation for Fiscal Year 2023 is $13,708,426, which is an increase of$7,011,302 over the Fiscal Year 2022 appropriation. The following are the projected funding levels of the OPEB appropriation for Fiscal Years 2023-2026 including the increase/decrease for each Fiscal Year. Projected Abbronriation Variance Fiscal Year 2023 $ 13,709,466 $ 7,011,302 Fiscal Year 2024 $ 9,519,420 ($4,190,000) Fiscal Year 2025 $ 6,844,806 ($2,674,514) Fiscal Year 2026 $ 3,451,275 ($3,385,531) The City is having an actuarial valuation of the Post Retirement Benefit Program as of June 30, 2021. As indicated earlier, subsequent to that valuation being completed, the OPEB Funding Plan may be adjusted. Insurance and Employee Benefits The City was one of 11 Massachusetts communities joining the Commonwealth of Massachusetts Group Insurance Commission in Fiscal Year 2010. A Memorandum of Agreement was executed with the Public Employee Committee transferring the City's group health insurance coverage to the Group Insurance Commission beginning July 1, 2009 and continuing through June 30, 2015. Pursuant to the provisions of the Memorandum of Agreement, the City and the Public Employee Committee entered into negotiations in February 2014 for a successor to the 2009-2015 agreement. In May 2014, a Memorandum of Agreement was executed with the various member groups of the Public Employee Committee continuing the City's group health coverage under the Group Insurance Commission (GIC) through June 30, 2021. In January 2022, a Memorandum of Agreement was executed with the various member groups of the Public Employee Committee continuing the City's group health coverage under the Group Insurance Commission (GIC) through June 30, 2026. These decisions allow the City to continue providing quality health insurance to its employees and retirees. Additionally, the City has been the beneficiary of the Group Insurance Commission's proven track record of cost containment and stability, as evidenced in the chart on page 25 of this message. The Fiscal Year 2023 appropriation of$19,129,850 for"Insurance & Employee Benefits" is $5,776,137 higher than the Fiscal Year 2009 appropriation of$13,353,713, some fourteen fiscal years ago and is a 43.25% increase over that time period or an annual average of 3.09%. This track record will continue to greatly assist in the development of future 75 budgets, while striving to provide the highest level of essential services to the citizens of Watertown while utilizing the taxpayers' dollars as effectively as possible. The Submitted Fiscal Year 2023 Budget for the City's cost of Health Insurance is $16,123,887, an increase of$675,833 over the Fiscal Year 2022 Budget. The chart below reflects the City's obligations for Employees and Retirees Health Insurance in Fiscal Year 2023. FY 22 FY 23 Revised Proposed Budget Budget Variance City Health Ins. $ 4,479,846 $ 4,781,902 $ 302,056 School Health Ins. $ 6,091,608 $ 6,384,985 $ 293,377 Retiree Health Ins. $ 4,195,000 $ 4,215,000 $ 20,000 Medicare Part B Reimb. $ 660,000 $ 720,000 $ 60,000 PEC Related Fees $ 21,600 $ 22,000 $ 400 Total $15,448,054 $16,123,887 $ 675,833 Public Safety The Submitted Fiscal Year 2023 Budget for Public Safety totals $22,930,001 which is a$398,172 increase over the Revised Fiscal Year 2022 Budget. The three public safety divisions represent 13.12% of the Submitted Fiscal Year 2023 Budget. Police Police Chief Michael Lawn recently announced his retirement after serving the community since October 30,1989 with the last 6 (six) years as our Police Chief. On behalf of the City, I want to commend Chief Lawn for all of his hard work, dedication and leadership of the Police Department. Chief, I wish you a long and healthy retirement. During Chief Lawn's tenure, the Police Department remained committed to expanding the Community Policing philosophy throughout the Department, with the focus on creating more partnerships with the community; providing training to the Police Department on the 6 "Pillars" of the President Obama's Task Force on 21 st Century Policing; and maintaining and enhancing the trust in Watertown Police Officers by all members/groups in our community. The six Pillars are as follows: 1. Building Trust & Legitimacy 2. Policy& Oversight 3. Technology & Social Media 76 4. Community Policing & Crime Reduction 5. Training & Education 6. Officer Safety& Wellness Additionally, in Fiscal Year 2021 the Police Department joined in partnership with the Communities for Restorative Justice Program. At the close of 2020, comprehensive police reform legislation for the Commonwealth was enacted, which establishes a Peace Officer Standards and Training ("POST") Commission and certification system. This legislation, entitled"An Act Relative to Justice, Equity and Accountability in Law Enforcement in the Commonwealth," (the "Act")was the product of various compromises between the Governor and the state Legislature. Some of the Act's provisions are currently in effect, while others will take effect over the course of 2021 and 2022. As with all extensive reform efforts, it will take time for the promulgation of relevant state regulations implementing the Act, and then for the Act and its implementing regulations to be interpreted by relevant state agencies and officials. In an effort for the Police Department to move forward with complying with the comprehensive police reform legislation, Chief Lawn requested an additional Sergeant's position and Administrative Assistant position be added to the Police Department. These new positions have been funded within the Submitted Fiscal Year 2023 Budget. It is my opinion that these additional resources are not only included to comply with all of the Peace Officer Standards and Training (POST)policy changes which include documenting, tracking, training of these new policies but the positions are also needed for the significant public records requests as well as ongoing accreditation and technology efforts. Given all of the above, the Police Department Budget for Fiscal Year 2023 is proposed at$10,711,038 which is $58,720 over the Fiscal Year 2022 Revised Budget amount. The Proposed Fiscal Year 2023 Budget included funding of 71 uniformed Police Officers including 52 Patrol Officers, 4 dispatchers, 5 civilian employees and 2 full-time Mental Health Clinicians. The Police Department will continue placing a School Resource Officer at the Middle and High School for the 2021-2022 school year and will continue the Police Mountain Bicycle Program, a community policing initiative restored in Fiscal Year 2017. Additionally, the Police Department, in conjunction with the Recreation Department, will continue their efforts to restore the "Cops & Kids" Program and/or the "Police Athletic League." The Police Department was officially awarded full re-accreditation in 2018 and again in August 2021 through the Massachusetts Police Accreditation Commission after being a fully accredited department since 2015. To achieve this status, the Police Department 77 had to meet 322 carefully selected standards which address critical areas such as policy development, use of force, training requirements, emergency response planning, records & communications, property& evidence handling, vehicular pursuits, holding facilities and budgeting. Massachusetts is one of 25 states to offer an accreditation process for the police profession. The Police Department is committed to maintaining this accreditation status. Fire Fire Chief Robert Quinn is retiring at the end of this week on April 30rh. 35 years to the day that he started his career in Watertown. The last 4 '/z years as the City's Fire Chief. On behalf of the City, I want to commend Chief Quinn for his hard work, dedication and leadership to the Fire Department. Chief, I wish you a long and healthy retirement. Assistant Chief Ryan Nicholson has been named Provision Fire Chief effective May 1, 2022. Fire Chief Quinn submitted an Additional Funding Request for a Captain position. The Captain would become the City's Laboratory Safety Officer/Assistant Emergency Management Director. The Laboratory Safety Officer/Assistant Emergency Management Director will be the person responsible for inspection of laboratories and enforcement of any regulations pertaining to such laboratories. This will apply to new and existing laboratories in health-related facilities, research and development enterprises, and educational facilities. Many laboratories utilize or generate radioactive, infectious, toxic,hazardous, or noxious substances, chemicals, or conditions. These substances, chemicals, or conditions have the latent and actual capacity to inflict grave harm upon people ill-equipped to manage their harmful conditions in the event of a public health or public safety emergency. The primary responders (for example, WFD and WPD) do not currently have information that may prove critical to their emergency response—they do not know where all the laboratories are located in the City of Watertown, and they do not know what is contained within these laboratories. By requiring registration and inspections of laboratories, we will-ensure that the public safety and public health personnel have the information that they need in order to respond adequately, effectively, and safely to any emergencies to protect the welfare of the laboratory staff, the neighborhood, and the greater population. This position would have complete oversight of laboratory registration documentation for such laboratories to comply with the Massachusetts Comprehensive Fire Safety Code 527 CMR 1, NFPA Code 45, and NFPA Code 30. The documentation would include the following but not be limited to: Fire Prevention regulations as it applies to posting of signage for the identification of hazardous materials 78 • Fire alarm systems, fire pumps, sprinklers and standpipes maintained by NFPA 25 and NFPA 72 • All annual pen-nits issued by WFD for storage/use of hazardous materials are current and readily available on premises • All licenses and certificates of registration (if Applicable) are readily available on premises • Emergency information is ready and available through 24 hour security personnel including the following: a) Floor plans or other means or materials to assist 1 st responders in locating laboratories within the facility, b) Access cards and/or keys to all areas within the laboratory facility, and c)Name and contact information of at least one 24 hr emergency coordinator for the facility who is knowledgeable about the nature of the operations and the hazards present or who has immediate access to a person who is knowledgeable about same. • Written policies,practices and/or procedures have been adopted to ensure compliance with registration provisions. • Participate at safety training at laboratories and ensure adequate training,procedures, PPE are provided to first responders • Ensure Emergency Action Plans are in place: All facilities and institutions must develop Emergency Action Plans. These are used as a guideline in the training of employees and occupants in what to do in the event of many types of emergencies. o An Emergency Action Plan has several components: ■ Instructions on how to report emergencies ■ Protocols for documenting accidents and injuries ■ List of resources and key personnel to be notified in an emergency ■ What to do for medical emergencies ■ What to do for chemical emergencies or spills ■ What to do for biological/blood spills ■ What to do for emergencies involving radiation ■ What to do for suspicious packages/letters or received threats ■ What to do for fire/smoke conditions ■ How and where to evacuate a building This position, as Assistant Emergency Management Director, will also oversee all Tier II reporting for the City of Watertown. Facilities covered by the reporting requirements of the federal Emergency Planning and Community Right-to-Know Act (EPCRA) 79 must submit annual Tier II reports to their Emergency Planning Committee (EPC), local fire department, and the State Emergency Response Commission (SERC). We feel this is an important additional funding request as the make-up of the city is rapidly changing. The safety of the responders and the citizens are paramount and having someone to focus on this expanding area of growth in Watertown is necessary moving forward. The current department staffing is unable to provide the time necessary to make sure that the incoming and current laboratories are following the proper safety precautions and protocols required by codes and standards. Also having this person assist with Emergency Management will be of great benefit to the city. We have seen over the past two years that Emergency Management planning and oversight is critical for the City of Watertown in so many ways. As the Fire Chief it has been difficult to fully address the needs of Emergency Management as well as address the needs of the Fire department operations. We have had to enlist a consultant to assist with the requirements necessary for Emergency management. This new position would eliminate the ongoing needs of the consultant. This funding request has been included in the Submitted Fiscal Year 2023 Budget. The Fire Chief also provided two additional requests for extra funding. One was to add two Firefighters per shift to have the second ambulance in operation 24/7 while increasing minimum manning. The second was to add two Firefighters per shift to have the second ladder truck in operation 24/7 while increasing minimum manning. These two requests would add sixteen (16) Firefighters to the Fire Department at a cost of$1,560,908 for salary related items excluding overtime. The overtime cost due to the increasing of minimum manning component of the requests would be $2,235,524. Since these two additional requests total $3,796,432 funding has not been included in the Submitted Fiscal Year 2023 Budget. The Submitted Fiscal Year 2023 Budget includes continued funding of eighty-eight (88)Firefighters and two (2) civilian positions operating from three stations providing Basic Life Support (BLS) fire/rescue ambulance service and Advanced Life Support (ALS) services to all residents and visitors. The eighty-eight(88) uniformed firefighters include the Fire Chief, one Assistant Fire Chief, four (4) Deputy Chiefs, eight(8) Captains, sixteen (16) Lieutenants and fifty-eight (58) firefighters. Given all of the above, the Submitted Fiscal Year 2023 appropriation is $12,162,258 and is $339,452 over the revised Fiscal Year 2022 Budget amount. Department of Public Works On November 30, 2020, Gregory M. St. Louis, PE was appointed to the position of Superintendent of Public Works. Mr. St. Louis has served as Executive Director of Public Works & Engineering for the City of Everett and Engineer for the City of Beverly. With Mr. St. Louis' extensive experience and educational background, he will be able to greatly assist the Administration by enhancing the 80 Department of Public Works' delivery of services including improving the operational efficiency, flexibility, and capacity of the Public Works Department. Additional recent appointments to the Department of Public Works include Tom Watkins, Director of Administration& Finance; Tyler Glode, Project Engineer; Paul Plourde, Construction Permit Inspector; Megan Langan, Water Management Analyst; Matt Baker, Interim Sewer Superintendent; Ricardo Tarira, Motor Equipment Operator (Parks) (MEO); Matt Baptista, (Sewer) MEO; and Anya Pforzheimer, Recycling & Sustainability Coordinator. The recommended Fiscal Year 2023 Department of Public Works Budget, excluding Waste Disposal and Snow and Ice Removal Budgets is $6,870,287, an increase of$470,750 over the revised Fiscal Year 2022 Department of Public Works Budget. The Fiscal Year 2023 Department of Public Works Budget includes funding of thu-ty-six (36) full-time and one (1)part-time employee in the General Fund divisions. The Department of Public Works' Fiscal Year 2023 Budget includes funding to support the City Council's Fiscal Year 2023 Budget Policy Guidelines as well as support for additional City-wide priorities. City Council's Fiscal Year 2023 Budget Policy Guideline 11. C. reads as follows: "Improve the operational efficiency, flexibility and capacity of the Public Works Department to meet the City's growing needs to manage contractors, respond to work order requests, oversee development projects, plan and implement infrastructure improvements, improve communications to residents about road construction, comply with MassDEP 2030 Solid Waste Management Plan, and maintain complete streets infrastructure. Consider what technology platforms are needed to support the Department" Consistent with that guideline, the Department continues to work with the City's engineering consultant, Weston and Sampson, Inc., and the Massachusetts Department of Environmental Protection on a Sewer Collection System Capital Improvement Plan to meet water system, sewer system and stormwater requirements. In 2018, the Department submitted an Inflow/Infiltration Control Plan to the Massachusetts Department of Environmental Protection (MADEP) and requested compliance with 314 CMR 12.00, Operation, Maintenance and Pretreatment Standards for Wastewater Treatment Works and Indirect Dischargers. The plan developed a Capital Improvement Plan for the sanitary sewer system to identify and eliminate excessive inflow/infiltration sources. Since 2018, the City has implemented several sanitary sewer investigations and improvement projects in accordance with the plan. During Fiscal Year 2022, the Department continued to update its webpage, including "Frequently Asked Questions." Project-specific pages are also provided for the annual road reconstruction program, the Belmont Street Reconstruction project, Bromfield Street Water Main Replacement, Highland Avenue Reconstruction project and the Mt. Auburn Complete Streets project, as well as other capital projects. The Department will continue to make web-page updates and improvements to improve the accuracy and efficiency 81 of information disseminated and presented via the web. Additionally, the Department of Public Works, in conjunction with the City's IT Department, has increased its online presence via social media and now has an active Facebook Page with daily updates. City Council's Fiscal Year 2023 Budget Policy Guideline 11. D. reads as follows: "Update the five-year plan and funding schedule for the integrated improvements of the City's streets and sidewalks, water-sewer-stormwater infrastructure, and underground utilities. The plan should show status of ongoing projects, identify future projects including those with no funding source, and include upgrade of all water meters, identify sources of stormwater and sewage outflow to the Charles River, and coordination with water-sewer- stormwater projects and underground utility projects." • In Fiscal Year 2022, the Highway Department began an update of its Pavement Management Plan, which was last issued in 2017. As part of the work, an on-the-ground review of pavement conditions is performed City-wide. The planning level document identifies possible pavement rehabilitation methods and associated estimated costs and is used in developing the City's road reconstruction and preventative maintenance programs. The Plan will be completed in Fiscal Year 2022 with additional GIS survey of utility locations, presence of curbing, and sidewalk conditions. • The City continues to implement its Stormwater Management Plan for compliance with its National Pollutant Discharge Elimination System (NPDES)permit issued by the EPA in 201 S. The City also continues to develop a Phosphorus Control Plan to address nutrient issues in the Charles River, to be completed by the end of Fiscal Year 2023. As part of the evaluation, planning level costs will be developed for compliance with the numerical removal requirements of the permit for use in future Capital Improvement Plans. The department continues to update the municipal stormwater rules and regulations to meet department permit guidelines. • As noted above, the City's Sewer Division continues to implement its Sewer System Capital Improvement Plan. In Fiscal Year 2022, multiple, large capital improvements were performed to the City's sanitary sewer and storm drain systems to reduce sources of inflow into the sewer system and reduce contamination in the drainage system. The Department is in the process of developing the next sewer and drain rehabilitation project as part of the plan and expects the progress to continue in earnest into Fiscal Year 2023. The department continues to utilize local funds and MWRA funds for Inflow and Infiltration (I/I) removal. • The City will be updating its Water System Model and Capital Plan which was last updated in 2015. The model will incorporate the many water system improvements performed in the last 5 years and will be used to inform future needs. This capital plan will be paired with the Pavement Management and Sanitary Sewer evaluation as a comprehensive way of looking at City wide infrastructure needs in the short and long-term. 82 • The City works with National Grid Gas and other utilities to coordinate improvement projects prior to road reconstruction efforts. Public Works continues to work closely with NGrid to minimize disruptions, ensure main replacement and leaks are addressed prior to other capital projects. • Contractors were hired for the purchase of new water meters, as well as the installation of said meters, to replace the existing water meters City wide. This is a critical component of accurately tracking our water and sewer usage for the EPA under the department's federal water distribution permit and with the MWRA to document sale of all water. Existing water meters are past their useful life and are proposed to be replaced with a system that will allow residents to track their water usage remotely, aid in identifying costly leaks, and improve the department's water model for other capital improvement projects. The deployment of the new water meters is expected to begin in the summer/fall of 2022. • The MWRA Lead Loan Program, a first come first serve 10-year zero percent loan program, has been utilized to hire a contractor to remove lead service connections and older iron services which tend to leak and are the only known lead remaining in the system. To date, over 110 lead services have been replaced throughout the City. City Council's Fiscal Year 2023 Budget Policy Guideline II. J. reads as follows: "Continue to enhance the capabilities of the Department of Public Works Forestry Department by adding resources and/or redeploying additional resources for improving Watertown's public shade trees and increasing the City's overall tree canopy by: (1) Developing a robust data collection process for public shade trees in Watertown, and(2) Analyzing the data to detennine an action plan and to seek collaboration and partnership opportunities with community groups such as Trees for Watertown." Consistent with that guideline, once again the Department will utilize funding included in the Fiscal Year 2023 Department of Public Works—Forestry Budget to assist with quantifying the structure and form of the existing urban forest, evaluating potential planting areas, increasing efforts to address vulnerabilities and the overall quality and scope of the urban canopy over time, and providing additional site-specific evaluations of existing soils at plant locations. Priority will be given to enhancing pruning efforts and additional plantings in Fiscal Year 2023. The Department of Public Works will continue to work with other divisions and Departments in Fiscal Year 2023 to support City- wide priorities including but not limited to: Working with the Department of Community Development and Planning to further Arsenal Street corridor and Watertown Square planning and design, including pursuing mitigation monies and improvements from private development projects such as Arsenal on the Charles, Arsenal Yards, 99 Coolidge Avenue, 66 Galen Street and other developments that impact these areas. 83 • Working with the Department of Community Development and Planning to apply for and implement grant funding. In Fiscal Year 2021, a quick build project to extend the Community Path from Saltonstall Park to Church Street was completed using MassDOT Shared Streets and Spaces grants. Additional funding was obtained for additional pedestrian improvements on California Street at Fifth Avenue and Watertown Street at Morse Street. • Working with Public Safety and Information Technology Departments to coordinate emergency management efforts and review infrastructure improvements, such as radio, fire alarm, and fiber communication needs,before projects begin. Furthermore, the Public Works Department will continue efforts in Fiscal Year 2023 to collaborate and foster positive working relationships with local agencies and organizations. The Fiscal Year 2023-2027 CIP includes a request for design and construction costs for the 2023 annual road program. The Department will compile roads and other infrastructure for the Honorable City Council to review and consider for funding in Fiscal Year 2023. Additionally, in Fiscal Year 2023 the Department will continue to support previously initiated efforts to manage,protect, and improve the City's infrastructure through participation in planning, design and construction of major projects including but not limited to: Mt. Auburn Street Comolete Streets Proiect: The City submitted a 25 percent design for the Mount Auburn Street project to the Massachusetts Department of Transportation (MassDOT) in December 2019, based on the concept endorsed by the Honorable City Council. An updated cost estimate was developed to accompany the updated draft design. The project is now estimated by the MPO at over $28 million dollars, due in part to regional escalations in construction costs and costs associated with the Complete Streets and Massachusetts Bay Transportation Authority (MBTA) catenary wire designs. The Department continues to work to meet the timeline of the Boston Region Metropolitan Planning Organization (MPO)Fiscal Year 2023 and 2024 TIP Funding Schedule. Highland Avenue & Chapman Street: $1.5 million is included in the Fiscal Year 2023 CIP for "long streets/collector reconstruction." The Department is currently engaged with an engineering firm to design the reconstruction of approximately 3,300 linear feet of Highland Avenue, which will also include sidewalks and driveway aprons. The project will also include granite curbing, concrete sidewalks, grass strips, new trees and minor drainage modifications. This project will also incorporate approximately 1,100 linear feet of Chapman Street as well. Incorporating Chapman Street will provide a consistent cross-section to be located on Chapman's Street existing right-of-way. Funding from the FY2023 CIP will be used for the construction for this project. 84 Howard Street: The Department is actively engaged with an engineering firm to design two (2)parking areas with a multi-use path crossing the project site (City-owned Main Street parking area)to an existing multi-use path. In total, 49 parking stalls are proposed for the two parking areas. An additional $500,000 in the Capital Projects sections of the Fiscal Year 2023 Budget is included for the construction of this project. Mitigation funds will also be used for this project. Central Motors In Fiscal Year 2023, the Central Motors Division will continue to provide vehicle and equipment acquisition, replacement, maintenance, repair, and fuel services to all City Departments. Technology, tool acquisition and training will remain priorities for the Division allowing for more accurate and timely diagnostics and repairs as vehicle technology continues to advance. Property & Buildings In Fiscal Year 2022, the Property and Buildings Division performed numerous repairs of the City's fire alarm, street light systems, and expanded fiber in multiple areas. The Division also performed numerous repairs on the transportation management system and supported the Traffic Commission through the installation of regulatory traffic management signs. In Fiscal Year 2019, the Department analyzed contractual expenses and service levels associated with annual street light repair and maintenance. During Fiscal Year 2022, the Division responded to numerous work orders for outages completing most repairs in less than 48 hours; where before the contracted vendor took an average to two weeks to respond to and complete repairs. Parks Division In Fiscal Year 2023, the Parks Division will continue to perform all maintenance activities at 88 acres of City grounds,parks and recreational facilities consisting of 12 baseball fields, seven soccer fields, one field hockey field, one football field and two water parks, including picnic tables, cookout grills and public rest rooms. Additionally, the Parks Division will continue to provide capital improvement support to the Recreation Department. The Division continues to review and implement improvements outlined in the completed Ridgelawn Cemetery beautification plan. These projects are generally smaller scale projects that can be implemented by Division staff over time as resources allow. Public Works is also working to expand its adopt-an-island program and will continue to work to improve the street scape of our medians and parklets. The Department has been actively engaged with a Landscape Architect for the redesign of living Park. Community meetings were held with neighbors and input was sought to further enhance the design. Construction of the redesign of Irving Park is expected to being in the summer/fall of 2022 and funding of this project is anticipated to come from the City's Community Preservation Act Fund. 85 Forestry The Forestry Department will also be working with the Cemetery Division to replace and provide additional ornamental trees. Additional landscaping opportunities were identified in the 2019 beautification study that will continue to be the guideline for the new Tree Warden's implementation. Further, more ornamental street trees will be planted in the fall. The Department recently secured an Urban Forestry grant from the Department of Conservation and Recreation (DCR) and funding from this grant will be utilized to hire a company to inventory all public trees in the City of Watertown. Highway The Highway Department continues to address multiple potholes and trip hazards on the City's roadways and sidewalks. Many of the requests that are addressed are from the residents via the City's See Click Fix application. The Department also responds to trash issues and makes small, general repairs in the parks and walkways throughout the City, as well as a variety of other roadway and sidewalk enhancement and improvements projects throughout the City. The Public Works Department has also heard from the community over the past year that pest control continues to be an ongoing concern. While documented throughout metro Boston, with the large amount of on-going Public Works infrastructure projects focused around utility and roadway work, and with the 2-mile Mount Auburn Street project about to commence, we have identified the need to start a city-wide pest control program in response to the growing construction presence. We will be working closely with the Board of Health and our consultants in identifying areas of concern and proceeding with a multi-faceted approach to address the perceived increasing volume of displaced pests. We anticipate this approach will be on-going iterative process which will be periodically refined based on best management practices to best address minimizing the presences of pests in the City. Accordingly, an increase of$100,000 in Pest Control Funding has been included in the Proposed Fiscal Year 2023 Budget. Snow & Iee Despite the relatively average accumulation of most snow and ice events in Fiscal Year 2022, the Department managed persistent and frequent non-accumulation precipitation events that resulted in many wet days and cold nights requiring much more treatment of roadways for ice then in recent years and subsequently significant salt use. The Department plans to continue to evaluate the implementation of better and more innovative snow removal equipment, more efficient salt distribution controls, and more effective and efficient ways to respond to winter weather events. The Fiscal Year 2023 Snow & Ice Removal appropriation is $1,500,000, which is the Fiscal Year 2022 appropriation. Sanitation and Reeveling The Department continues to work with solid waste and recycling hauler, Republic Services, to address the significant challenges facing every community in the Commonwealth with regards to the China Sword initiative and Single-Stream recycling. With support from the Honorable City Council, City Manager and the Community, significant inroads were made in Fiscal Year 2022 with reducing violations and non-pickups. Toward the end of Fiscal Year 2020, violations for curb-side recycling issues were noticeably fewer than 86 in years past. Furthermore, the Recycling Center at 76 Stanley Avenue opened in July 2013 and is operated by Republic Services, and has continued to operate on the same schedule to address recycling needs in excess of the Single-Stream recycling curbside collection. The five- year contract with Republic Services will be expiring on June 30, 2022 and the Department has been actively engaged with Republic Services on a new contract that will benefit the residents of Watertown. Highlights of this new contract include an additional day for the Recycling Center to be staffed by Republic Services (currently open only on Friday and Saturday) and collection of bulk and white good items at a cost to the resident of$25/item, The Third Amendment to the Wheelabrator Service Agreement became effective on July 1, 2020. This Amendment extends the service provided by Wheelabrator for an additional five years, through Fiscal Year 2025. This agreement ensures the City has solid waste disposal service through June 30, 2025. The 2030 Solid Waste Master Plan from MassDEP expands its list of materials banned from curbside disposal to include both textiles and mattresses. As such, the Department of Public Works contracted with HELPSY in November of 2021 to provide free curbside collection of textiles. The Department is also actively reviewing proposals for the collection of mattresses and is anticipated to have this program implemented in the summer/fall of 2022. To further the diversion of solid waste from its curbside collection, and further the goals of the 2030 Solid Waste Master Plan, the Department is proposing in its Fiscal Year 2023 budget to provide a fully subsidized organics collection PILOT program. Starter kits (curbside toter unit, countertop unit and bags)will be provided to all those who partake in the program and the monthly costs associated with this curbside organics collection PILOT program will all come at no cost to the residents who partake in the program. The Department continues to host recycling events that are made free to Watertown residents throughout the year. These events include the collection of textiles, styrofoam and paper shredding. The Department was successful in applying for the Recycle Dividends Program (RDP), through MassDEP for the first time in which it was a recipient of an $18,000 grant in Fiscal Year 2022. The Department utilized this funding source towards the purchase of multiple Big Belly solid waste and recycling containers that have been dispersed in various locations throughout the City. The Department will continue to work on finding ways to improve its participation in this program thereby receiving more in grant funding. Given all of the above, the Fiscal Year 2023 Waste Disposal appropriation is $4,432,925, which is $740,625 above the Fiscal Year 2022 appropriation. This increase is largely due to the anticipated new contract with Republic Services for the curbside collection of solid waste and recycling as well as the costs associated to implement the proposed organics program. The Department will continue to pursue grants and supplemental funding sources in Fiscal Year 2023 to support development of green infrastructure and environmentally friendly retrofit projects throughout the City. The Highway Department continues to work with 87 Engineering on installing infiltration infrastructure at tree pits and other locations as the department proceeds with the pavement management plan. A budgetary plan to meet the identified need for Public Works staging space will be developed subsequent to final Honorable City Council policy direction in accordance with Fiscal Year 2022 Budget Policy Guideline II.K. Health and Human Services (Health, Council on Aging and Veterans' Services) The Proposed Fiscal Year 2023 Health Department Budget is $947,350 which is a$91,299 increase over the Revised Fiscal Year 2022 Budget amount. Funding is included for eight(8) full-time positions. The Community Wellness Program is responsible for the coordination,promotion and implementation of community wellness education and programs that address community health priorities and leading healthy aging community efforts. Funding has been included to support programs involving healthy living and healthy aging initiatives. Funding has been continued for both Environmental and Community Health Services towards fulfillment of the mission of the Health Department "to protect and promote health, prevent disease and disability, and access and improve the health status of the community." Environmental health programs include mandates such as food protection, enforcement of housing code standards, swimming pools and recreational camps, tanning and body art,public health nuisance investigation, rabies and animal control, and other programs such as household hazardous and medical waste collection, mosquito control, hen and honeybee permitting, and geese control. The adoption of rDNA/Biotechnology regulations and an updated Noise Ordinance will add new areas of responsibility for the environmental health unit. The Health Department is also engaged in reviewing and developing new strategies to address climate change and environmental health impact on the community. Community health program services include communicable disease control, health promotion and education, participation in and support of collaborative efforts such as healthy living programs, substance use prevention, youth and family support, hoarding remediation and clutter reduction support, and tobacco control. Planned services for Fiscal Year 2023 include the continuation of full- time social services resource hours to provide residents of Watertown and their families a single access point to a wide variety of social services as well as assessment, information and referral, short-term intervention and follow-up as necessary. The vendor that the Health Department uses for these services has indicated a 88 need to increase their contract by approximately $32,000 for Fiscal Year 2023. Funding has been included in the Submitted Fiscal Year 2023 Budget for this important service. As a result of the opioid settlement monies in the amount of$60,000 annually for the next 18 years coming into the City's Treasury, a Receipts Reserve for Appropriation Fund has been established to record the receipt of these funds. The $60,000 is being utilized as a general funding service and these funds are being proposed for an increase in the Health Department's contracted services line item for the purpose of substance use disorder services. Additionally, work continues on projects such as implementing the findings of the community health needs assessment, modification of Board of Health regulations, implementation of rDNA Biotechnology regulations and the Noise Ordinance, Hazardous Materials Regulations, and Irrigation Wells, training restaurants and food service establishments on the requirements of the recently updated 105CMR590 that adopted the 2013 Food Code. Funding from the Fiscal Year 2019 Information Technology Budget allowed for coordination and implementation of the Health Department modules for the City's GIS system which allows for automation of health inspections and enhanced communication with business owners. The Health Department continues to participate in Public Health Emergency Preparedness activities and training, and with State funding, is working on a"first in the area" reunification plan for mass casualty events. Grant funding has been secured through the Marshall Home Fund "Compassionate Connections" Grant, the Lee Manillo Fund, Watertown Community Foundation, Mt. Auburn Hospital, Watertown Savings Bank and State Emergency Preparedness Funding for assistance with decluttering and social work, in-home management for hoarders, community health and wellness activities, substance use disorder support, and public health emergency preparedness, and SNAP fund matching at the Farmers market. The Health Department has also received funding from the Food and Drug Administration to support participation in the National Food Safety Program Standards which allows for conducting a Food Safety program assessment and staff training. The Submitted Fiscal Year 2023 Budget for the Council on Aging/Senior Center is $434,287 which is 7,986 over the Revised Fiscal Year 2022 Budget amount. Anne-Marie Gagnon, Director of Senior Services recently announced that she will be leaving Watertown. I would like to take this opportunity to thank Anne-Marie for her 6 years of dedicated service to Watertown. On behalf of the City, we extend our best wishes to her future endeavors. 89 During Fiscal Year 2022 the Senior Center saw continued participation on Zoom, more grab-n-go food events, and the return of some in-person programs, and in-person meetings with the SHINE counselor, Case Worker and AARP tax appointment counselors. The Senior Shuttle Bus added more rides to local stores for grocery shopping needs and some small trips to local museums. Again, additional support for Council on Aging/Senior Center activities, emergency assistance and transportation was provided by the Marshall Home Fund, Watertown Community Foundation and MA Executive Office of Elder Affairs. Fiscal Year 2023 building improvements included the creation of a small office from extra kitchen space, to allow for staff to work more distanced from each other, and the addition of a gate at the front desk to enclose the administration area from the lobby. A new Senior Shuttle Bus was put on order, with delivery estimated to be Fall, 2022. Throughout the COVID-19 pandemic, the Watertown Food Pantry continued operating to serve residents in need, more than doubling its operation. Extraordinary offers for assistance with both cash and food donations and volunteerism from the community helped the food pantry to continue operating at an efficient and generous manner for all who needed assistance. The City remains grateful for those donations to the food pantry. The Fiscal Year 2023 Veterans Budget proposes $234,042 which is a decrease of$42,333 over the Revised Fiscal Year 2022 Budget. The Veterans Benefits lines items has been reduced by $50,000 to reflect the anticipated spending for Fiscal Year 2023. The remaining line items in the Veterans Services Appropriation is proposed to increase by $7,667. Watertown Veterans' Services remains committed to the Veterans and their Families of Veterans of the city. Throughout the last year, Watertown Veterans' Services has worked to recognize servicemembers following the end of the War in Afghanistan; proclaim March 29th as Vietnam War Veterans Day; and finalize an effort to provide US Veteran grave markers to the Veterans buried in Watertown. City and Community Partners have been integral with the coordination of last year's Memorial Day Memorial Event at the Commanders' Mansion, Veterans' Day Breakfast at the Shutt Detachment, and the Pearl Harbor Day event at the Wharf, where we were joined by members of the US Constitution. Watertown Veterans' Services also partnered with the Veterans' Organizations in the City during the Commander's Mansion Who-ville light show, where we collected toys on behalf of Toys for Tots and the Sonny Whooley Foundation; and collaboration will continue as Memorial Day 2022 kicks off with the return of the Memorial Day Parade and the unveiling of the Watertown Freedom Garden at the Commander's Mansion. Claims for Veterans' Affairs and Commonwealth of Massachusetts Benefits have remained steady and outreach efforts have continued to ensure every Veteran utilizes the benefits they earned through their military service. Veterans' Affairs data indicates over 200 Veterans and/or families in Watertown receive VA benefits—either needs based or due to service-connected disabilities—totaling just over $300K annually. 41 Veterans or family members receive an annuity from the Massachusetts Department of Veterans' Services: awarded to Veterans who have a 100% disability rating through the VA; or surviving spouses of a Veteran who passed away from a 90 service-connected injury; totaling a just over $80K annually. These financial benefits will never take the place of a lost loved one, and can never make an injured Veteran whole again, but they're an effort to provide peace of mind to these Veterans and families that they should never have to worry about putting food on the table or keeping the lights on. Lastly, the Fiscal Year 2023 Budget includes an appropriation of$1,615,679 for the three (3) Health and Human Services Departments (Health, Council on Aging and Veterans' Services) and funding of thirteen (13) full-time and three (3)part-time employees. Recreation & John A Ryan Skating Arena In accordance with Watertown Home Rule Charter, Section 6-2 Reorganization Plans by Administrative Code, a Reorganization Plan, was submitted in the Fiscal Year 2015 Budget Message that had the John A. Ryan Skating Arena Department be consolidated with the Recreation Department. This Reorganization Plan was submitted as a follow up to the Council's Committee on Personal& City Organization request to bring proposals forward for department combinations that would reduce the number of direct reports. In Fiscal Year 2023, the Recreation Budget of$477,669 and the John A. Ryan Skating Arena Budget of$501,898 are listed separately in the Submitted Fiscal Year 2023 Budget document. The John A. Ryan Skating Arena Staffing levels of two (2) full time employees and seasonal staff have been maintained. The Recreation Director requested a second full-time Recreation Supervisor to help oversee the expanding programs offered by the Department. The Submitted Fiscal Year 2023 Budget included funding for this position. Therefore, the Fiscal Year 2023 Recreation Budget includes funding of five (5) full time employees and seasonal staff. As indicated earlier, the Recreation Department, in conjunction with the Police Department, has and will continue their efforts to restore the Cops & Kids Program and/or the Police Athletic League. The two movie nights have been very popular and are an example of the collaboration between the two departments. Throughout the Covid-19 pandemic,particularly with Cops &Kids programs resuming in Fall 2020, the Recreation Department and Police Department have continued a great partnership in offering safe and fun programs/events for all residents of Watertown. The Recreation Department offered continued and new programs for the adult population during the winter months including co-ed volleyball, women's basketball and pickleball. The Recreation Department continued the Snow Removal Assistance program for the senior and disabled residents of Watertown. Middle School and High School students earned community service credit, with a few extra gifts courtesy of the Marshall Home Fund. In a particularly trying year, the Recreation Department, Council on Aging, and Community Development/Planning Department proudly combined efforts and ideas to have this program flourish. 91 The Recreation specific website at www.recreation.watertown-ma.2ov, and Notify Me along with social media platforms have been great communication tools to share recreation news and notes. The Recreation Department continues to increase the utilization of the website, social media, and Notify Me to engage the City and residents/participants. The Recreation Department continues to partner with Buckingham Browne &Nichols School (BB&N) Summer Camp to offer discounted tuition to families of Watertown who are in need. This year the BB&N Summer Camp donated $5,000 for tuition which the Recreation Department has distributed to qualified applicants in need of the assistance. Summer plans are in process which includes the popular Pequossette Summer Program. Library Library Director Leone Cole retired on March 20, 2022, 27 years to the day that she started her career in Watertown. On behalf of the City, I want to commend Leone Cole for her hard work, dedication and leadership to the Watertown Free Public Library. I wish Leone a long and happy retirement. Last night, the Honorable Library Board of Trustees voted to offer the permanent Library Director's position to Acting Library Director to Caitlin Browne. Usage of the library continues to rise since the expansion and renovation in 2006,however closure beginning in March of 2020 related to COVID-19 severely impacted use of the library. By April 2020, the library quickly began virtual programs and by May 2020 curbside pickup of materials began. The Library is now open to the public at pre-Covid hours. In Fiscal Year 2019, the Library Director and the Library Board of Trustees requested additional funding for the following items: • Local History Preservation Project • Historical Map Restoration Funding of these two priorities was a logical extension of the historical map project that was funded in Fiscal Year 2017. Some of the library's best examples of maps and historical photographs were repaired,preserved, and are on display in the hallway opposite the Watertown Savings Bank Room. The library is also showcasing Watertown's history with displays on interactive digital panels— one on each floor of the library. The content is updated regularly with interesting and informative content. The Local History Collection Preservation Project provided much needed assistance with the local history collection in general. 92 Monies were included in the Submitted Fiscal Year 2019 Library Budget to fund both of these priorities. In Fiscal Year 2020, the Library Director and the Library Board of Trustees requested additional funding for the following items: • Library Programming • Part-time Hatch Assistant • Local History Collection Preservation Project Year 2 Monies were included in the Submitted Fiscal Year 2020 Library Budget to fund all of these priorities. Programming has been a core service of the library for a very long time but has never been funded through the operating budget, but rather from donations, grants, and the Building Fund. The amount requested was not the entire programming budget and the library will continue to rely on outside sources for programming but funding this request recognized the importance of it for the library and the community. Hatch is thriving under its full-time coordinator. The part-time Hatch Assistant has performed various tasks including customer service, troubleshooting of equipment, administrative duties and allow for additional hours of operation. The Local History Collection Preservation Project Year 2 was a logical extension of the work that began in Fiscal Year 2017 with the Map Restoration Project. The library continues to make local history materials more accessible and the second year of the Preservation Project resulted in more finding aids and digitally accessible materials. In Fiscal Year 2021, the Library Director and the Library Board of Trustees requested additional funding for the following items: • Part-time Local History Librarian • Community Outreach Librarian • Additional electronic materials Monies were included in the Submitted Fiscal Year 2021 Library Budget to fund the Part-time Local History Librarian. Funding for a permanent part-time local history librarian is a logical extension of the historical projects that began in Fiscal Year 2017 with the preservation and restoration of the library's historical maps. Funding continued in the following years for additional preservation of maps and then for two years of a temporary archival and historical librarian who did extensive work on the collections. Much has been accomplished since Fiscal Year 2017 and it is important for this work to continue in order to preserve and provide access to the City's treasured historical resources for generations to come. 93 In Fiscal Year 2022, the Library Director and the Library Board of Trustees requested additional funding for the following items: • Community Outreach Librarian • Additional electronic materials Monies were included in the Submitted Fiscal Year 2022 Library Budget to fund both of these priorities. The Community Outreach Librarian would play a very important role within the library and community, that of raising awareness of library services. This work is especially important for un- or under-served groups who have not yet heard about what the library offers. As part of that outreach effort, the Community Outreach Librarian would also be a conduit back to the library relaying the types of services or collections that could be added or improved in order to better serve these groups. In addition, the Community Outreach Librarian would have a high profile in community organizations, bringing a library presence to meetings and events and developing even more beneficial partnerships and connections. This is an opportunity to bring someone on board to enhance the already high level of service the library provides to the residents of Watertown. The need for additional funds for electronic materials is clear. Even before Covid-19, demand was increasing for streaming and downloadable books, movies, and music. During the pandemic, demand skyrocketed and looks to remain high now that these collections are even more widely known. There has not been a corresponding drop in demand for physical materials which made this request an important one for the library. The Library Director and the Library Board of Trustees requested Additional Funding for the Fiscal Year 2023 Budget which includes the following items: • Full-time Children's Librarian • Additional Funding for Children's Materials • Enhancements to Tech Security • Hotspots and Zoom Subscriptions • Bookmobile Programming Funds • Project Literacy Funding The Full-time Children's Librarian justification reads in part as follows: Patron feedback indicates that our patrons want more children's programs and services,particularly on evenings and weekends. This feedback comes from both the 2020 strategic planning survey and a children's services survey administered in fall 2021. With our current staffing levels, we are only able to provide programs for the highest demand populations, mainly 5 and under, during weekday mornings and afternoons with an occasional weekend offering. An additional librarian would allow us to offer programs to children and families that don't have the luxury of coming to the library during standard work hours. It would allow us to broaden our audience 94 to older children who currently do not have many programs offered for their interest and availability. In addition to the demand and equity considerations mentioned, the children's librarians are the most productive library department. The Additional Funding for Children's Materials justification reads in part as follows: An increase in children's materials budget would allow us to maintain the collection by replacing outdated and damaged materials, purchasing multiple copies of in-demand items to decrease wait times for popular titles, as well as allow us to further develop weaker areas of the collection such as world languages. The Additional Funding for Enhancements to Tech Security justification reads in part as follows: Cyber-attacks are increasingly more damaging to organizations. They are also harder to detect and avoid as more sophisticated tactics are used. The library is hugely reliant on technology to operate, and technology is a major service we provide to the Community. A prolonged library outage because of a preventable cyber-attack would have significant impact on the city. With this additional funding we would be able to implement an antivirus solution that detects and blocks malware in real time, implement a local monitor that detects suspicious network activity before it is able to disrupt the environment, and implement a password management system so that staff can safely use applications with secure and complex passwords easily. The Additional Funding for Hotspots and Zoom Subscriptions justification reads in part as follows: CARES funding has run out but the need for hotspots and zoom subscriptions remain while the pandemic is ongoing. Library patrons continue to need remote access for work and virtual meeting and programs are still in demand. The Additional Funding for Bookmobile Programming Funds justification reads in part as follows: Thanks to a very generous donor, the library will be taking possession of a bookmobile during FY23. These funds are a start for programming which will be one of the main uses of the bookmobile. The outreach librarian will be taking materials and programs to various locations, including the Senior Center, schools, daycare providers, businesses,parks, and festivals. The Additional Funding for Project Literacy Funding justification reads in part as follows: The Project Literacy Department plays a vital role in the Library and in the community. Over the past decades the program has gone from a totally grant supported effort to an established department with dedicated staff. The amount being requested would make the department fully funded by tax dollars therefore ensuring its place as an essential service The recommended funding level for Fiscal Year 2023 of$3,626,206 is in compliance with the Municipal Appropriation Requirement (MAR) set by the Massachusetts Board of Library Commissioners and is $186,527 above the revised Fiscal Year 2022 Budget. This certification allows the City to receive the Library Incentive Grant, the Municipal Equalization Grant, the Non-Resident Circulation Offset Grant, the Public Library Grant and be eligible for any State and Federal Grants. Additionally, certification enables Watertown 95 residents to borrow materials from any other certified library in Massachusetts and the Library to be a member of the Minuteman Library Network. Monies have been included in the Submitted Fiscal Year 2023 Library Budget to fund all of these Additional Funding Requests except from the reclassification of the HATCH Coordinator since this would need discussion with Library Union. Education Two of the top priorities of the Program Enhancements/Expenditures section of the Honorable City Council's Fiscal Year 2023 Budget Policy Guidelines that were adopted on November 23, 2021 reads as follows: • IL A. Continue support for Building for the Future Initiative funding in collaboration with the School Building Committee, for the Three Elementary Schools project, and for the MSBA High School project, without debt exclusion funding. • IL B. Continue to work collaboratively with the Watertown Public Schools to develop a comprehensive multi-year educational budget that assures sustainable funding for our schools and the successful education of our children, and seek to accommodate a FY23 Education appropriation that will provide level-service funding for our schools. Dr. Deanne Galdston, Superintendent of Schools presented the Fiscal Year 2023 Superintendent's Recommended Budget of $55,636,550, an increase of$1,881,429 or 3.5% over the Fiscal Year 2022 Budget to the Honorable School Committee at their April 11, 2022 meeting. The 143-page document can be viewed on the Watertown Public Schools website, www.watertown.kl2.ma.us. An excerpt from Dr. Galdston's message to the Watertown Community reads as follows: "This budget was developed collaboratively with school and district administrators, curriculum and program coordinators, and the School Committee. In the beginning of the process every participant was asked to consider the needs of our students, identify outcomes that should be expected from any new resource, and be creative in using the resources available. According to our mission, the Watertown Public Schools is committed to preparing each child in Watertown for life by engaging them in a challenging and meaningful education within an inclusive, diverse community. Our vision for all of our students is to be inspired, to explore and to shape the world around them. The Fiscal Year 2023 budget was developed to support the actualization of our mission, vision, and our four strategic objectives: • Establish systems and structures that ensure all WPS students receive what they need to develop and achieve their full academic, social, and emotional potential. • Support instructional excellence by building and implementing a cohesive, coherent, and aligned educational program that promotes high expectations, authorship and student agency. 96 • Foster caring and collaborative relationships among and within schools, families, and community members. • Build educationally appropriate,joyful learning environments, working with the School Building Committee, that support the WPS mission and vision. In the pages that follow, we will provide our strong Watertown community with detailed information about how the District developed the budget, a budget grounded in continuous improvement and a commitment to the success of all students in Watertown. This and next fiscal year, we are fortunate to be able to access several additional revenue streams to add supplementary services to our budget beyond the city appropriation. Watertown Public Schools has a keen awareness that the short-term federal funds, such as the Elementary and Secondary Education Emergency Relief(ESSERIII) grant, cannot support essential staff and services beyond the life of the grant. Therefore, our focus for these short-term grant opportunities is to support the social, emotional, and academic needs of our students that are a result of the pandemic and other global events." On April 15, 2022, the Honorable School Committee unanimously adopted the above-mentioned Fiscal Year 2023 Superintendent's Recommended Budget. As indicated earlier, the Submitted Fiscal Year 2023 School Health Insurance appropriation is $6,384,985, an increase of$293,377 above the Fiscal Year 2022 level. Included within the School Health Insurance appropriation are monies related to projected staffing in Fiscal Year 2023. The Submitted Fiscal Year 2023 Budget continues the City's very strong commitment to education. The recommended funding level for Fiscal Year 2023 is $55,636,550, which is the Honorable School Committee's adopted budget and an increase of$1,881,429 over the Fiscal Year 2022 appropriation. The City's strong commitment to education is further evidenced by the chart on page 19 which shows the Education appropriation increased by $13,809,550 from Fiscal Year 2016, while all other City Departments' appropriations increased by $9,025,616 over the same time period. Funding has been continued for the Schools' use of lighting at the artificial turf multi-purpose field at Victory Field and utilization of the John A. Ryan Skating Arena. 97 Expenditure Forecast Lastly, the Expenditure Forecast included within the Submitted Fiscal Year 2023 Budget document has Departmental Expenditures projected to increase 2.5% annually from Fiscal Year 2024 through Fiscal Year 2026. The Education appropriation is projected to increase 3.5% annually from Fiscal Year 2024 through Fiscal Year 2026. We look forward to continuing working collaboratively with the Watertown Public Schools to develop a comprehensive multi-year Education Budget that assures sustainable funding for our schools and the successful education of our children. CLOSING In addition to thanking Police Chief Lawn, Fire Chief Quinn, Library Director Cole, as well as Council on Aging Director Gagnon, I would like to acknowledge Raeleen Bandini, Purchasing Agent who retired in January. Ms. Bandini worked tirelessly for the citizens of Watertown for 14 years since March, 2008. Thank you all for your service to Watertown. I would be extremely remiss if I did not acknowledge former City Manager, Michael J. Driscoll. Mike worked tirelessly on behalf of the citizens of Watertown for 45 years, the last 29 years as the executive branch leader of our community. Watertown owes Mike a debt of gratitude which we will never be able to repay, for his professionalism, dedication, hard work and integrity. It has been my privilege and honor to call him a colleague, mentor and most importantly friend. So, in closing and in typical Mr. Driscoll words may I say: The goal of the administration and all of the City departments is to provide the highest level of services to the citizens of Watertown while utilizing the taxpayers' dollars as efficiently as possible. The submitted budget is balanced and based on sound business practices. I believe the Submitted Fiscal Year 2023 Budget focuses on achieving the long-term goal of sound financial management and fiscal stability. I would like to thank the department heads and other staff for their invaluable assistance in developing the budget. I look forward to working with the Honorable City Council in finalizing the Fiscal Year 2023 Budget. 98 CITY OF WATERTOWN — Mo..- 163U • ANNUAL BUDGET FISCAL YEAR 2022-2023 CITY OF WATERTOWN FISCAL YEAR 2023 REVENUES Other Financing Sources, 4.07% Local Receipts,7.27% State Aid,8.15% 1 Real & Personal Property Taxes, 80.51% BUDGETED REVENUE FY 16 - FY 23 $160,000,000 $140,000,000 $120,000,000 $100,000,000 $80,000,000 $60,000,000 $40,000,000 $20,000,000 $- -Th -L--h Th i -o- -n :ii:i FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 MTAXES ESTATE AID OLOCAL RECEIPTS MOTHER FINANCING SOURCES CITY OF WATERTOWN FY 2022 FY 2023 BUDGET FY 2023 REVENUE BUDGET&COMPARISON REVISED PROPOSED CHANGE BUDGET BUDGET INCR./(DECR.) REAL & PERSONAL PROPERTY TAXES $133,418,141 $140,728,594 $7,310,454 STATE AID $13,482,722 $14,243,029 $760,307 LOCAL RECEIPTS: MOTOR VEHICLE EXCISE $4,100,000 $4,350,000 $250,000 MEALS EXCISE $550,000 $650,000 $100,000 HOTEL EXCISE $525,000 $675,000 $150,000 CANNABIS EXCISE $0 $500,000 $500,000 PENALTIES & INTEREST $250,000 $250,000 $0 PI LOT $81,948 $87,088 $5,140 COMMERCIAL TRASH $15,000 $20,000 $5,000 FEES $8,850,000 $4,500,000 ($4,350,000) RENTALS $178,312 $227,769 $49,457 DEPARTMENTAL REVENUE- CEMETERY $95,000 $100,000 $5,000 DEPARTMENTAL REVENUE- RECREATION $420,000 $420,000 $0 LICENSES & PERMITS $192,000 $200,000 $8,000 FINES & FORFEITS $510,000 $450,000 ($60,000) INVESTMENT INCOME $250,000 $250,000 $0 SALE OF PROPERTY $5,000 $5,000 $0 BELMONT REIMBURSEMENT $76,127 $0 ($76,127) GRANT/EMPLOYEE REIMBURSEMENTS $25,000 $25,857 $857 TOTAL LOCAL RECEIPTS $16,123,387 $12,710,714 ($3,412,673) OTHER FINANCING SOURCES: TRANSFER FROM SALE OF LOTS FUND $25,000 $25,000 $0 TRANSFER FROM PARKING METER FUND $150,000 $150,000 $0 TRANSFER FROM OPIOID SETTLEMENT FUND $0 $60,000 $60,000 TRANSFER FROM CEMETARY PERPETUAL CARE FUND $10,000 $10,000 $0 TRANSFER FROM CAPITAL PROJECT STABILIZATION FD $500,000 $500,000 $0 TRANSFER FROM ESCO CAPITAL PROJ. STAB. FD. $505,938 $500,938 ($5,000) TRANSFER FROM NEW HIGH SCHOOL STAB. FUND $5,798,555 $201,000 ($5,597,555) TRANSFER FROM WATER FUND $1,553,006 $1,511,731 ($41,275) TRANSFER FROM SEWER FUND $1,507,448 $1,397,994 ($109,454) UTILIZATION OF FREE CASH $2,000,000 $2,000,000 $0 UTILIZATION OF OVERLAY SURPLUS $1,500,000 $750,000 ($750,000) TOTAL OTHER FINANCING SOURCES $13,549,947 $7,106,663 ($6,443,284) TOTALS $176,574,197 $174,789,000 ($1,785,196) DETAIL OF REVENUE FOR CERTAIN CATEGORIES FY 2022 FY 2023 CURRENT PROPOSED BUDGET BUDGET FEES DPW FEES/WHITE GOODS $ 15,000 $ 15,000 TREASURER'S OTHER RECEIPTS $ 5,000 $ 5,000 COSTS $ 65,000 $ 50,000 POLICE INSURANCE REPORTS $ 4,000 $ 3,500 POLICE OTHER FEES $ 4,000 $ 3,500 FIRE OTHER FEES $ 60,000 $ 75,000 AMBULANCE FEES $ 1,150,000 $ 1,250,000 OTHER LICENSING BOARD FEES $ 40,000 $ 40,000 DPW OTHER FEES $ 5,000 $ 5,000 INSPECTION FEES $ 7,200,000 $ 2,750,000 TOWN CLERK FEES $ 55,000 $ 60,000 WETLANDS ORDINANCE $ 3,000 $ 3,000 LIEN CERTIFICATE FEES $ 50,000 $ 50,000 POLICE EXTRA DETAIL SURCHARGE $ 100,000 $ 100,000 REGISTRY CLEARING FEES $ 72,000 $ 70,000 ADVERTISING BUS SHELTERS $ 5,000 $ 5,000 COUNCIL ON AGING DONATIONS $ 17,000 $ 15,000 TOTAL FEES $ 8,850,000 $ 4,500,000 RENTALS BRIGHAM HOUSE $ 104,035 $ 151,636 COOLIDGE APARTMENTS $ 74,277 $ 76,133 TOTAL RENTALS $ 178,312 $ 227,769 LICENSES AND PERMITS LIQUOR LICENSES $ 118,000 $ 118,000 HEALTH LICENSES $ 60,000 $ 65,000 POLICE FIREARMS LICENSES $ 2,000 $ 2,000 DPW PERMITS $ 10,000 $ 13,000 CEMETERY BURIAL PERMITS $ 2,000 $ 2,000 TOTAL LICENSES & PERMITS $ 192,000 $ 200,000 FINES AND FORFEITS PARKING $ 400,000 $ 370,000 POLICE $ 100,000 $ 75,000 CODE ENFORCEMENT FINES $ 10,000 $ 5,000 LIBRARY $ - $ - TOTAL FINES & FORFEITS $ 510,000 $ 450,000 CITY OF WATERTOWN FISCAL YEAR 2023 EXPENDITURES OTHER FINANCING USES, 3.49%, HEALTH & HUMAN SNOW& ICE REMOVAL, SERVICES, 0.92% 0.86% STATE ASSESSMENTS, 1.81% LIBRARY, 2.07% RECREATION, 0.56% WASTE DISPOSAL, 2.54% EDUCATION, 31.83% GEN. GOVERNMENT, 4.77% PUBLIC WORKS, 3.93%� y DEBT & CAP. PROJECTS, 14.66% PENSION &OPEB COSTS, _PUBLIC SAFETY, 13.12% _ 8.49% INSURANCE & BENEFITS, 10.94% $60,000,000 $50,000,000 $40,000,000 $30,000,000 $20,000,000 $10,000,000 Ffl $- OJGP14� `p5 Q �J 0 k.�� 'Q, JQ��� �QQ' 0 �y� ` ,C QJ�v 0 Q PCO \, p Prow g �P�S Q�GG 0, 4y v 2022 Budget ■FY 2023 Proposed Budget APPROPRIATIONS FY 16 - FY 23 $60,000,000 $50,000,000 $40,000,000 $30,000,000 $20,000,000 $10,000,000 0& 0 G� !/� 0& 0 FY 2916 0� �0 �� ``VV• Oj• FY 2917 �►`1 ` FY 2918 0� `0O . 0& FY 2919 G�0 �Q ��X PQ FY 2921 /+ �O O c FY 292 V) FY 202 ✓ � FY 2923 �O ��. CITY OF WATERTOWN FY 2022 FY 2023 BUDGET FY 2023 EXPENDITURE BUDGET & COMPARISON REVISED PROPOSED CHANGE BUDGET BUDGET INCR./(DECR.) GENERAL GOVERNMENT CITY COUNCIL $157,381 $157,881 $500 CITY MANAGER $572,127 $641,813 $69,686 CITY AUDITOR $564,452 $592,250 $27,798 PURCHASING $309,558 $349,521 $39,963 CITY ASSESSOR $419,283 $446,949 $27,666 TREASURER/COLLECTOR $459,011 $441,697 ($17,314) CITY ATTORNEY $210,000 $210,000 $0 PERSONNEL $311,290 $319,119 $7,829 INFORMATION TECHNOLOGY $1,338,328 $1,523,491 $185,163 CITY CLERK $225,628 $213,761 ($11,867) ELECTIONS $152,228 $138,484 ($13,744) COMM. DEV. & PLANNING $1,579,650 $1,716,420 $136,770 PARKING LOTS & METERS $280,271 $354,838 $74,567 PUBLIC BUILDINGS $1,058,077 $1,232,903 $174,826 TOTAL GENERAL GOVERNMENT $7,637,284 $8,339,128 $701,844 PUBLIC SAFETY POLICE $10,652,318 $10,711,038 $58,720 FIRE $11,822,756 $12,162,208 $339,452 EMERGENCY MANAGEMENT $56,755 $56,755 $0 TOTAL PUBLIC SAFETY $22,531,829 $22,930,001 $398,172 PUBLIC WORKS $6,399,537 $6,870,287 $470,750 SNOW AND ICE REMOVAL $1,500,000 $1,500,000 $0 WASTE DISPOSAL $3,692,300 $4,432,925 $740,625 HEALTH & HUMAN SERVICES HEALTH $856,051 $947,350 $91,299 COUNCIL ON AGING $426,301 $434,287 $7,986 VETERANS $276,375 $234,042 ($42,333) TOTAL HEALTH & HUMAN SERVICES $1,558,727 $1,615,679 $56,952 LIBRARY $3,439,679 $3,626,206 $186,527 RECREATION RECREATION DEPT. $402,886 $477,669 $74,783 JOHN A. RYAN SKATING ARENA $494,361 $501,898 $7,537 TOTAL RECREATION $897,247 $979,567 $82,320 EDUCATION $53,755,121 $55,636,550 $1,881,429 TOTAL DEPARTMENTAL EXPENDITURES $101,411,724 $105,930,342 $4,518,618 CITY OF WATERTOWN FY 2022 FY 2023 BUDGET FY 2023 EXPENDITURE BUDGET & COMPARISON REVISED PROPOSED CHANGE BUDGET BUDGET INCR./(DECR.) STATE & COUNTY CHARGES $3,028,130 $3,164,445 $136,315 INSURANCE & EMPLOY. BENEFITS $18,316,330 $19,129,850 $813,520 PENSION & OPEB COSTS PENSION $7,509,084 $1,125,000 ($6,384,084) OTHER POST EMPLOYMENT BENEFITS (OPEB) $6,698,124 $13,709,426 $7,011,302 TOTAL PENSION & OPEB COSTS $14,207,208 $14,834,426 $627,218 DEBT AND INTEREST PERMANENT DEBT/INTEREST $5,910,189 $6,158,914 $248,725 ESCO- PERMANENT DEBT/INTEREST $505,938 $500,938 ($5,000) THREE ELEM. SCHOOL - PERMENENT DEBT/INTEREST $8,370,221 $8,155,150 ($215,071) THREE ELEM. SCHOOL -AUTHJUNISSUED & PLANNED $1,438,143 $2,810,424 $1,372,281 NEW HIGH SCHOOL PROJECT- AUTHORIZED/UNISSUED $597,334 $1,016,945 $419,611 STREET & SIDEWALK-AUTHJUNISSUED & PLANNED $1,249,625 $1,347,500 $97,875 OTHER DEBT-AUTHORIZED/UNISSUED & PLANNED $1,154,915 $2,952,092 $1,797,177 COST OF CERTIFYING BONDS $5,000 $5,000 $0 TOTAL DEBT AND INTEREST $19,231,365 $22,946,963 $3,715,598 CAPITAL PROJECTS CITY CAPITAL PROJECTS $1,951,154 $1,145,000 ($806,154) SCHOOL CAPITAL PROJECTS $5,362,221 $310,000 ($5,052,221) STREET AND SIDEWALK IMPROVEMENTS $ 1,170,400 $ 1,228,920 $58,520 TOTAL CAPITAL PROJECTS $8,483,775 $2,683,920 ($5,799,855) TOTAL EXPENDITURES $164,678,532 $168,689,945 $4,011,413 OTHER FINANCING USES COUNCIL RESERVE $1,960,990 $2,152,000 $191,010 TRANSFER TO ENTERPRISE $270,675 $249,000 ($21,675) TRANS. TO ACQUISITION LAND/OPEN SPACE STAB. $1,500,000 $1,250,000 ($250,000) TRANS. TO NEW HIGH SCHOOL STABILIZATION $3,000,000 $1,983,055 ($1,016,945) TRANS. TO UNFUNDED PENSION LIAB. STABILZATION $5,000,000 $0 ($5,000,000) TRANS. TO AFFORDABLE HOUSING TRUST $0 $250,000 $250,000 MISCELLANEOUS $164,000 $215,000 $51,000 TOTAL OTHER FINANCING USES $11,895,665 $6,099,055 ($5,796,610) TOTAL EXPENDITURES & OTHER FINANCING USES $176,574,197 $174,789,000 ($1,785,197) REVENUE FORECAST ASSUMPTIONS: Real Estate and Personal Property taxes are increased 2.5% per year. New growth is projected to be $4,000,000 in FY 2023 and FY 2024; and $4,500,000 for FY 2025 and FY 2026. Funding for the Optional Tax Exemption for homeowners at 100% over the statutory level is included in the overlay adjustment. State Aid is based upon the recommendations contained in the House Ways and Means Committee (HWM). In subsequent years, State Aid is level funded at the projected FY 2023 amount. The majority of Local Receipts are projected to remain constant or increase 2.5% annually. Inspection Fees are projected at $2,750,000 and Investment Income is projected at $250,000 annually through FY 2026. Motor Vehicle Excise is increased by $250,000 in FY 2023 and is projected to increase $125,000 annually from FY 2024 through FY 2026. Meals Excise is increased by $100,000 to $650,000 in FY 2023; and increase $50,000 annually from FY 2024 through FY 2026. Hotel Excise is projected at $675,000 in FY 2023; and is projected to increase $150,000 annually for FY 2024 and FY 2025. Payment in Lieu of Taxes (PILOT) is projected at $87,088 in FY 2023 as a result of the sale of Tufts Health Building to a taxable entity. Other Financing Sources reflect transfers; from the Cemetery Perpetual Care Expendable Trust Fund and the Sale of Lots Fund to partially offset the Department of Public Works Cemetery Budget; from the Water and Sewer Enterprise Funds to cover applicable indirect costs; and from the Parking Meter Fund to partially offset the Parking Lots and Meters Budget. Utilization of Free Cash is recommended at a level of$2,000,000 annually through FY 2026 which includes $250,000 annually for the Special Education Stabilization Fund for FY 2024 through FY 2026. Transfer from the Capital Projects Stabilization Fund is projected at $500,000 annually through FY 2026, which represents the current balance of the Fund. Transfer from the ESCO Capital Project Stabilization Fund includes projected funds from departmental energy savings, rebates and grants. REVENUE FORECAST FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 TAXES: Prior Year Adjusted Levy Limit $ 123,391,323 $ 134,418,141 $ 141,778,594 $ 149,323,059 $ 157,556,136 Prior Year Amended Growth $ 48,627 Sub-total $ 123,439,950 $ 134,418,141 $ 141,778,594 $ 149,323,059 $ 157,556,136 Add 2.5% $ 3,085,999 $ 3,360,454 $ 3,544,465 $ 3,733,076 $ 3,938,903 New Growth $ 7,892,192 $ 4,000,000 $ 4,000,000 $ 4,500,000 $ 4,500,000 Adjusted Levy Limit $ 134,418,141 $ 141,778,594 $ 149,323,059 $ 157,556,136 $ 165,995,038 Overlay $ (1,000,000) $ (1,050,000) $ (1,050,000) $ (1,100,000) $ (1,100,000) NET LEVY LIMIT $ 133,418,141 $ 140,728,594 $ 148,273,059 $ 156,456,136 $ 164,895,038 STATE AID: Cherry Sheet Receipts $ 13,482,722 $ 14,243,029 $ 14,243,029 $ 14,243,029 $ 14,243,029 TOTAL STATE AID $ 13,482,722 $ 14,243,029 $ 14,243,029 $ 14,243,029 $ 14,243,029 LOCAL RECEIPTS: Motor Vehicle Excise $ 4,100,000 $ 4,350,000 $ 4,475,000 $ 4,600,000 $ 4,725,000 Meals Excise $ 550,000 $ 650,000 $ 700,000 $ 750,000 $ 800,000 Hotel Excise $ 525,000 $ 675,000 $ 825,000 $ 975,000 $ 975,000 Cannabis Excise $ 500,000 $ 500,000 $ 500,000 $ 500,000 Penalties&Interest $ 250,000 $ 250,000 $ 250,000 $ 250,000 $ 250,000 PILOT $ 81,948 $ 87,088 $ 87,628 $ 88,168 $ 88,708 Commercial Trash $ 15,000 $ 20,000 $ 20,000 $ 20,000 $ 20,000 Fees $ 8,850,000 $ 4,500,000 $ 4,500,000 $ 4,500,000 $ 4,500,000 Rentals $ 178,312 $ 227,769 $ 227,215 $ 226,644 $ 226,644 DR-Cemetery $ 95,000 $ 100,000 $ 100,000 $ 100,000 $ 100,000 DR-Recreation $ 420,000 $ 420,000 $ 420,000 $ 420,000 $ 420,000 Licenses& Permits $ 192,000 $ 200,000 $ 200,000 $ 200,000 $ 200,000 Fines& Forfeits $ 510,000 $ 450,000 $ 450,000 $ 450,000 $ 450,000 Investment Income $ 250,000 $ 250,000 $ 250,000 $ 250,000 $ 250,000 Sale of Town Property $ 5,000 $ 5,000 $ 5,000 $ 5,000 $ 5,000 Belmont Reimbursement $ 76,127 $ - $ - $ - $ - Grant/Employee Reimbursements $ 25,000 $ 25,857 $ 25,857 $ 25,857 $ 25,857 TOTAL LOCAL RECEIPTS $ 16,123,387 $ 12,710,714 $ 13,035,700 $ 13,360,669 $ 13,536,209 OTHER FINANCING SOURCES: Transfer from Sale of Lots Fund $ 25,000 $ 25,000 $ 25,000 $ 25,000 $ 25,000 Transfer from Parking Meter Fund $ 150,000 $ 150,000 $ 250,000 $ 250,000 $ 250,000 Transfer from Opioid Settlement Fund $ 60,000 $ 60,000 $ 60,000 $ 60,000 Transfer from Cemetery Perpetual Care Fund $ 10,000 $ 10,000 $ 10,000 $ 10,000 $ 10,000 Transfer from Capital Projects Stabilization Fund $ 500,000 $ 500,000 $ 500,000 $ 500,000 $ 500,000 Transfer from ESCO Capital Project Stab. Fd. $ 505,938 $ 500,938 $ 494,438 $ 493,225 $ 492,125 Transfer from New High School Stabilization Fund $ 5,798,555 $ 201,000 $ - $ - $ - Transfer from Water Fund $ 1,553,006 $ 1,511,731 $ 1,511,731 $ 1,511,731 $ 1,511,731 Transfer from Sewer Fund $ 1,507,448 $ 1,397,994 $ 1,397,994 $ 1,397,994 $ 1,397,994 Utilization of Free Cash $ 2,000,000 $ 2,000,000 $ 2,000,000 $ 2,000,000 $ 2,000,000 Utilization of Overlay Surplus $ 1,500,000 $ 750,000 $ - $ - $ - TOTAL OTHER FINANCING SOURCES $ 13,549,947 $ 7,106,663 $ 6,249,163 $ 6,247,950 $ 6,246,850 TOTAL REVENUES $ 176,574,197 $ 174,789,000 $ 181,800,951 $ 190,307,784 $ 198,921,126 DETAIL UTILIZATION OF FREE CASH & OVERLAY SURPLUS FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 UTILIZATION OF FREE CASH -ANNUAL $ 2,000,000 $2,000,000 $2,000,000 $ 1,750,000 $ 1,750,000 $ 1,750,000 UTILIZATION OF FREE CASH - COVID 19- LOSS REVENUE $ 1,250,000 UTILIZATION OF FREE CASH -ACQ. LAND/OPEN SPACE STAB. $ 6,500,000 UTILIZATION OF FREE CASH - NEW HIGH SCHOOL STABILIZATIOf $ 2,500,000 UTILIZATION OF FREE CASH - SPED STABILIZATION $ 250,000 $ 250,000 $ 250,000 UTILIZATION OF OVERLAY SURPLUS $ 1,500,000 $ 750,000 TOTAL: $ 12,250,000 $3,500,000 $2,750,000 $ 2,000,000 $ 2,000,000 $ 2,000,000 EXPENDITURE FORECAST ASSUMPTIONS: Departmental expenditures are projected to increase 2.5% annually from FY 2024 through FY 2026. The Education appropriation is projected to increase 3.50% annually from FY 2024 through FY 2026. Snow and Ice Removal is projected at $1,500,000 through FY 2026. The Waste Disposal appropriation is projected to increase 5% annually from FY 2024 through FY 2026. Funding of the Service Agreement with Wheelabrator North Andover beginning in FY 2022 through FY 2026 has been included. The current agreement with Republic Services for solid waste and recycling hauling ends June 30, 2023. State Assessments, exclusive of the MBTA Assessment, are projected to increase 2.5% annually. The MBTA Assessment is projected to increase 2.75% annually. Health Insurance costs, included within Insurance & Employee Benefits, are projected to increase 7.5% annually. The Watertown Contributory Retirement Board Funding Schedule approved by the Public Employee Retirement Administration Commission has the Retirement System fully funded on July 1, 2021. Pension costs are projected to be $1,125,000 annually from FY 2023 through FY 2026. A long-range financial plan for the pay down of the Unfunded Other Post-Employment Benefits (OPEB) Liability has been created beginning in FY 2020 through FY 2031. Funding of the OPEB Liability is projected at $13,709,426 in FY 2023, $9,519,420 in FY 2024, $6844,806 in FY 2025 and $3,459,275 in FY 2026. Funding of the Three Elementary Schools Project is projected at $10,965,574 in FY 2023, $12,916,675 in FY 2024, $12,318,988 in FY 2025 and $11,952,550 in FY 2026. Debt figures are from current and projected future debt as listed in the FY 2023-2027 CIP / Debt Projection Table of the Capital Improvement Program. The level of projected debt may change pending decisions on various projects that are listed within the Proposed FY 2023-2027 Capital Improvement Program. Street and Sidewalk Improvements are projected to increase 5% annually. Transfer to the Acquisition of Land/Open Space Stabilization Fund is projected at $1,250,000 annually from FY 2023 through FY 2026. Transfer to the Special Education Stabilization Fund is projected at $250,000 annually from FY 2024 through FY 2026. EXPENDITURE FORECAST FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 DEPARTMENTAL EXPENDITURES: General Government $ 7,637,284 $ 8,339,128 $ 8,547,606 $ 8,761,296 $ 8,980,328 Public Safety $ 22,531,829 $ 22,930,001 $ 23,503,251 $ 24,090,832 $ 24,693,103 Public Works $ 6,399,537 $ 6,870,287 $ 7,042,044 $ 7,218,095 $ 7,398,547 Snow&Ice Removal $ 1,500,000 $ 1,500,000 $ 1,500,000 $ 1,500,000 $ 1,500,000 Waste Disposal $ 3,692,300 $ 4,432,925 $ 4,654,571 $ 4,887,300 $ 5,131,665 Health&Human Services $ 1,558,727 $ 1,615,679 $ 1,656,071 $ 1,697,473 $ 1,739,909 Library $ 3,439,679 $ 3,626,206 $ 3,716,861 $ 3,809,782 $ 3,905,027 Recreation $ 897,247 $ 979,567 $ 1,004,056 $ 1,029,158 $ 1,054,887 Education $ 53,755,121 $ 55,636,550 $ 57,583,829 $ 59,599,263 $ 61,685,237 TOTALS $ 101,411,724 $ 105,930,342 $ 109,208,289 $ 112,593,198 $ 116,088,706 STATE ASSESSMENTS $ 3,028,130 $ 3,164,445 $ 3,249,675 $ 3,337,204 $ 3,427,094 PENSION&OPEB COSTS: Pension $ 7,509,084 $ 1,125,000 $ 1,125,000 $ 1,125,000 $ 1,125,000 OPEB $ 6,698,124 $ 13,709,426 $ 9,519,420 $ 6,844,806 $ 3,459,275 TOTALS $ 14,207,208 $ 14,834,426 $ 10,644,420 $ 7,969,806 $ 4,584,275 INSURANCE&EMPLOYEE BENEFITS $ 18,316,330 $ 19,129,850 $ 20,482,838 $ 21,935,708 $ 23,495,902 DEBT AND INTEREST: Permanent Debt/interest $ 5,910,189 $ 6,158,914 $ 5,833,306 $ 5,374,325 $ 3,722,550 ESCO-Permanent Debt/Interest $ 505,938 $ 500,938 $ 494,438 $ 493,225 $ 492,125 Three Elem. School Proj.-Permanent Debt/interest $ 8,370,221 $ 8,155,150 $ 7,902,900 $ 7,425,650 $ 7,179,650 Three Elem. School Proj.-Authorized/Unissued $ 1,438,143 $ 2,810,424 $ 5,013,775 $ 4,893,338 $ 4,772,900 New High School Project-Authorized/Unissued $ 597,334 $ 1,016,945 $ 5,238,905 $ 8,511,206 $ 12,263,175 Street&Sidewalk-Auth/Unissued&Planned $ 1,249,625 $ 1,347,500 $ 2,915,000 $ 3,835,100 $ 4,766,400 Other Debt-Authorized/Unissued&Planned $ 1,154,915 $ 2,952,092 $ 4,625,997 $ 6,385,028 $ 7,465,275 Cost of Certifying Bonds $ 5,000 $ 5,000 $ 5,000 $ 5,000 $ 5,000 TOTALS $ 19,231,365 $ 22,946,963 $ 32,029,321 $ 36,922,872 $ 40,667,075 CAPITAL PROJECTS: City Capital Projects $ 1,951,154 $ 1,145,000 $ 470,000 $ 495,000 $ 495,000 School Capital Projects $ 5,362,221 $ 310,000 $ 295,000 $ 280,000 $ 230,000 Street&Sidewalk Improvements $ 1,170,400 $ 1,228,920 $ 1,290,366 $ 1,354,884 $ 1,422,628 TOTALS $ 8,483,775 $ 2,683,920 $ 2,055,366 $ 2,129,884 $ 2,147,628 TOTAL EXPENDITURES $ 164,678,532 $ 168,689,945 $ 177,669,909 $ 184,888,673 $ 190,410,680 OTHER FINANCING USES&MISC: Town Council Reserve $ 1,960,990 $ 2,152,000 $ 2,300,000 $ 2,450,000 $ 2,600,000 Transfers to Enterprise Funds $ 270,675 $ 249,000 $ 256,470 $ 264,164 $ 272,089 Transfer to Acquisition Land/Open Sp.Stabilization $ 1,500,000 $ 1,250,000 $ 1,250,000 $ 1,250,000 $ 1,250,000 Transfer to New High School Stabilization Fund $ 3,000,000 $ 1,983,055 $ - $ - $ - Transfer to Unfunded Pension Stabilization Fund $ 5,000,000 $ - $ - $ - $ - Transfer to SPED Stabilization Fund $ - $ - $ 250,000 $ 250,000 $ 250,000 Transfer to Affordable Housing Trust $ - $ 250,000 $ - $ - $ - Miscellaneous $ 164,000 $ 215,000 $ 130,000 $ 130,000 $ 130,000 TOTAL OTHER FINANCING USES $ 11,895,665 $ 6,099,055 $ 4,186,470 $ 4,344,164 $ 4,502,089 TOTAL EXP.&OTH. FIN. USES $ 176,574,197 $ 174,789,000 $ 181,856,378 $ 189,232,837 $ 194,912,769 TOTAL REVENUES $ 176,574,197 $ 174,789,000 $ 181,800,951 $ 190,307,784 $ 198,921,126 SURPLUS/(DEFICIT) $ (0) $ (0) $ (55,428) $ 1,074,947 $ 4,008,357 PRIOR YEAR BALANCE BUDGET ASSUMPTION $ 0 $ 0 $ 55,428 $ (1,074,947) REMAINING SURPLUS/(DEFICIT) $ (0) $ 0 $ (55,428) $ 1,130,374 $ 2,933,411 TOWN OF WATERTOWN HISTORICAL BUDGET SUMMARY FY 2016 TO FY 2023 FINAL FINAL FINAL FINAL FINAL FINAL CURRENT PROPOSED FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 BUDGET BUDGET BUDGET BUDGET BUDGET BUDGET BUDGET BUDGET REVENUE: TAXES $ 90,000,507 $ 94,833,185 $ 100,290,991 $ 108,548,765 $ 116,106,127 $ 122,391,323 $ 133,418,141 $ 140,728,594 STATE AID $ 11,698,728 $ 12,110,620 $ 12,738,266 $ 12,321,277 $ 13,205,612 $ 11,955,612 $ 13,482,722 $ 14,243,029 LOCAL RECEIPTS $ 10,310,240 $ 11,963,014 $ 12,435,607 $ 12,828,643 $ 13,406,684 $ 12,042,635 $ 16,123,387 $ 12,710,714 OTHER FINANCING SOURCES $ 10,446,953 $ 8,639,097 $ 7,089,556 $ 8,525,380 $ 7,193,386 $ 17,063,710 $ 13,549,947 $ 7,106,663 TOTAL REVENUE $ 122,456,428 $ 127,545,916 $ 132,554,420 $ 142,224,065 $ 149,911,809 $ 163,453,280 $ 176,574,197 $ 174,789,000 EXPENDITURES: SCHOOLAPPROP. $ 41,452,000 $ 43,577,000 $ 45,551,858 $ 48,039,451 $ 50,441,424 $ 51,937,315 $ 53,755,121 $ 55,636,550 TOWN DEPTS.APPROP. $ 35,335,251 $ 33,236,580 $ 35,072,051 $ 37,711,983 $ 38,770,134 $ 40,064,991 $ 42,464,303 $ 44,360,867 WASTE DISPOSAL $ 2,967,835 $ 3,062,052 $ 3,013,658 $ 3,099,162 $ 3,187,237 $ 3,422,265 $ 3,692,300 $ 4,432,925 SNOW& ICE $ 1,031,000 $ 1,902,277 $ 1,874,736 $ 1,564,810 $ 1,415,000 $ 1,500,000 $ 1,500,000 $ 1,500,000 STATE CHARGES $ 2,448,681 $ 2,515,878 $ 2,650,379 $ 2,613,656 $ 2,717,478 $ 2,816,632 $ 3,028,130 $ 3,164,445 PENSION COSTS $ 13,851,481 $ 15,401,884 $ 16,939,961 $ 18,485,572 $ 21,196,816 $ 16,967,196 $ 14,207,208 $ 14,834,426 INS. &EMPLY. BENEFITS $ 14,674,077 $ 14,605,960 $ 14,771,601 $ 15,254,735 $ 16,077,026 $ 16,863,538 $ 18,316,330 $ 19,129,850 DEBT&INTEREST $ 7,498,434 $ 7,413,262 $ 8,464,158 $ 6,175,796 $ 6,951,511 $ 7,573,650 $ 19,231,365 $ 22,946,963 CAP.PROJ. &OFU $ 3,197,669 $ 5,831,023 $ 4,216,018 $ 9,278,900 $ 9,155,183 $ 22,307,693 $ 20,379,440 $ 8,782,975 TOTAL EXPENDITURES $ 122,456,428 $ 127,545,916 $ 132,554,420 $ 142,224,065 $ 149,911,809 $ 163,453,280 $ 176,574,197 $ 174,789,000 CITY OF WATERTOWN FISCAL YEAR 2022 TOP TEN TAXPAYERS OWNER NAME LOCATION NATURE OF BUSINESS FY22 FY22 TAXES PERCENT ASSESSMENT OF LEVY ARE-MA REGION NO.75 LLC/C/O ALEXANDRIA 311 ARSENAL ST LAB/OFFICE CAMPUS $337,397,900 $7,166,797 5.33% ARSENAL YARDS HOLDING LLC 485 ARSENAL ST LIFESTYLE CENTER $282,444,450 $5,353,858 3.99% NEW 705 MOUNT AUBURN LLC 705 MT.AUBURN ST LAB/OFFICE $146,490,000 $3,117,307 2.32% COLUMBIA MA/ARSENAL OFFICE PROP.LLC 490 ARSENAL WAY LAB/OFFICE $122,032,600 $2,596,854 1.93% WATERTOWN GABLES LLC 204 ARSENAL ST LUXURY APARTMENTS $111,575,000 $1,532,920 1.14% NSTAR ELECTRIC COMPANY VARIOUS ELECTRIC COMPANY $70,565,580 $1,501,635 1.12% ARE-480 ARSENAL STREET LLC 480 ARSENAL WAY LAB/OFFICE $70,357,000 $1,497,197 1.11% GUGV UNION MARKET WATERTOWN 56 60 IRVING ST LUXURY APARTMENTS $106,018,700 $1,425,128 1.06% BRE-BMR GROVE LLC 65 GROVE ST LAB/OFFICE $629200,000 $1,323,616 0.99% ARE-MA REGION NO.90 HOLDING 550 ARSENAL ST SHOPPING MALL $61.000.000 $1,298,08 0.97% $1,370,081,230 $26,813,392 19.96% ASSESSMENTS FISCAL YEAR REAL PROPERTY PERSONAL PROPERTY TOTAL 2022 $ 9,798,947,762 $ 250,676,563 $ 10,049,624,325 2021 $ 9,169,101,190 $ 229,269,154 $ 9,398,370,344 2020 $ 8,914,062,858 $ 184,541,650 $ 9,098,604,508 2019 $ 7,848,747,667 $ 150,173,981 $ 7,998,921,648 2018 $ 7,045,957,217 $ 147,885,716 $ 7,193,842,933 2017 $ 6,472,965,423 $ 142,159,267 $ 6,615,124,690 2016 $ 6,158,116,723 $ 114,419,976 $ 6,272,536,699 2015 $ 5,343,085,683 $ 101,086,640 $ 5,444,172,323 2014 $ 5,068,133,583 $ 98,941,639 $ 5,167,075,222 2013 $ 4,947,870,086 $ 104,315,410 $ 5,052,185,496 2012 $ 4,826,569,822 $ 105,107,153 $ 4,931,676,975 2011 $ 4,793,182,991 $ 100,159,884 $ 4,893,342,875 2010 $ 4,872,924,925 $ 95,697,085 $ 4,968,622,010 2009 $ 5,152,879,364 $ 92,411,840 $ 5,245,291,204 2008 $ 5,324,931,978 $ 91,163,388 $ 5,416,095,366 2007 $ 5,598,791,375 $ 87,345,485 $ 5,686,136,860 2006 $ 5,033,821,193 $ 90,242,698 $ 5,124,063,891 2005 $ 4,867,203,522 $ 87,598,421 $ 4,954,801,943 2004 $ 4,648,172,282 $ 131,431,402 $ 4,779,603,684 2003 $ 3,627,222,966 $ 80,243,343 $ 3,707,466,309 2002 $ 3,424,740,768 $ 67,596,700 $ 3,492,337,468 2001 $ 3,155,936,712 $ 54,626,761 $ 3,210,563,473 2000 $ 2,674,006,975 $ 39,949,060 $ 2,713,956,035 TAX RATES FISCAL YEAR COMMERCIAL/ RESIDENTIAL INDUSTRIAL 2022 $21.28 $13.25 2021 $22.97 $12.25 2020 $22.53 $12.14 2019 $23.95 $12.88 2018 $24.63 $13.47 2017 $25.32 $13.89 2016 $25.40 $13.68 2015 $27.87 $15.03 2014 $27.96 $14.96 2013 $27.15 $14.68 2012 $26.64 $14.40 2011 $25.87 $13.92 2010 $24.58 $13.31 2009 $22.54 $12.24 2008 $21.01 $11.39 2007 $19.15 $10.45 2006 $20.35 $11.17 2005 $20.09 $10.91 2004 $19.90 $10.35 2003 $22.68 $12.65 2002 $22.66 $12.51 2001 $23.06 $11.93 2000 $24.93 $13.39 Source:Watertown Assessors'Office BONDED DEBT SCHEDULE - FY2023 M a � g � 1 Annual Bonded s Purpose Int YRS FY23 FY24 F125 FY26 z Date Amount Rate PRIN INTEREST PRIN INTEREST PRIN INTEREST PRIN INTEREST s GENERAL FUND DEBT NIC 4 Jul 08 10,000,000 Police Buildinq 4.19 20 500,000 145,000 500,000 123,750 500,000 102,188 500,000 80,0001 s Feb 10 4,221,000 Police Building 3.3� 20 210,000 63,788 210,000 56,438 210,000 49,088 210,000 41,213 s 881,000 Er ruant 3.3� 16 35,000 3,763 35,000 2,538 35,000 1,313 350,000 Libra) Construction 3.3� 14 25,000 1,750 25,00 87�1 e Jun 12 1,069,000 Eqquiqq ent 1.86 16 25,000 3,313 25,000 2,78�I 25,000 2250 25,000 1,500 s 1,500,000 Athlekic Field Renov 1.80 16 100,000 13,250 100,000 11,12� 100,000 9'000 100,000 6,0001 is 525,000 School Improvement 1.80 10 n Nov 13 6,000,000 ESCO 2.87 20 280,000 112,488 285,000 105,488 295,000 97,650 305,000 88,8001 iz Mav 14 1,088,000 Victo�v Field 2.00 13 85,000 11,72� 80,000 7,600 80,000 4,6? 80,000 2,600 is 1,350,000 ESCO 200 16 90,000 18,45�r 90,000 13,950 90,000 10,5 90,000 8,325 207,000 School Improvement 200 16 15,000 2,275 15,000 1,52�1 10,000 1,02� 10,000 775 370,000 Case`(Park 200 14 25,000 4,9 25,000 3,72� 25,000 278 25,000 2163 ie Ma`�s'14 8,733,000 Refund ripp 03,04 Bonds 2.00 1 680,000 67,750 680,000 33,750 670,000 8,375 n Apr1 16 1,206,400 Various Epui�&Vehicles 1.12 9 45,000 3,750 40,000 2400 40,000 1,200 ie 913,600 Various Munici ewldings 1.12 9 100,000 9,000 100,000 6,0061 100,000 3,000 iI Jan 18 1,793,000 Vanous Epwn I chicles 2.02 14 195,000 36,500 135,000 28,7061 120,000 23,300 120,000 18,5001 zs 1,327,200 Various Munpal Buildings 2.02 14 90,000 29,700 75,000 26,106 75,000 23,100 75,000 20,100 21 4,034'800 Street&Sidewalk 2.02 9 85,000 16,800 85,000 3,400 85,000 a'000 85,000 6,6001 zz Jun 19 1,325,500 School Improvement 1.53 10 240,000 30,000 240,000 18,000 25,000 6,000 25,000 4,750 zs 837,500 Street&Sidewalk 1.53 5 165,000 16,500 165,000 8,250 2,4 908,000 Pd ippello Park Improvements 1.53 10 90,000 31,500 90,000 27,000 90,000 22,500 90,000 18,0001 zs 1,403.500 DPW Equipment 1.53 10 150.000 44,250 140.000 36,750 125,000 29,750 125,000 23,500 zs 40.000 Police Equipment 1.53 5 5.000 500 5.000 250 27 Jrn 20 3,223,467 Cunniff Elementary Design 1.38 20 165.000 102.100 165.000 93.850 160.000 85,600 160,000 77.6001 zs 5.729.088 Hosmer Elementary Design 1.38 20 290.000 181.725 290.000 167.225 290.000 152.725 265.000 136.225 zs 1,122,445 Hosmer Elementary OPM 1.38 20 60.000 35.425 60.000 32.425 55.000 29.425 55.000 26.675 3s 245,00 Mid.Sch.Men's Lockeroom 1.38 10 25.000 9.500 25.000 8.250 25.000 7.000 25.000 5.750 si 3,029,625 Street&Sidewalk 1.38 5 605,000 90.750 605.000 60.500 605.000 30.250 sz 1.100.000 Fire Ladder Truck 1.38 15 75.000 39.100 75.000 35.350 75.000 31.Boo 75,000 27.850 ss 1.175.37EFilippello Lights&Scorebrd 1.38 10 120:000 46.750 120.000 40.750 120.000 34,750 115,000 28.7501 s4 Jan 21 52,145,000 Hosmer&Cunniff Schools 1.34 20 2.610.000 1,695,250 2,610.000 1.5640.750 2.610.000 1,434.250 2.610.000 1.303.7501 ss April 21 34,106,200 Hosmer&Cunniff Schools 1.46 20 1.705,000 1,074.150 1.705.000 988.900 1.705.000 903.050 1.705.000 818.400 ss 921.Boo Middle Sch.Boilers 1.46 10 95.000 38.550 95.000 33,800 95,000 29.050 90,000 24,300 s7 548,000 Mid.Sch.AC for Cafeteria 1.46 10 55.000 22.900 55.000 20.150 55.000 17.400 55.000 14.650 ss 355,000 Fire Ambulance 1.46 5 70.000 14.000 70.000 10.500 70.000 7.000 70.000 3.500 ss 188.000 Town Hall Elevator 1.46 5 40.000 7.250 35.000 5.250 35.000 3.50D 35.000 1.750 Qs 1,771.00,Public Safetv Radio Infrastr. 1.46 10 180.000 74.300 180.000 65.300 180.000 56,300 180,000 47.3001 1,200,000 Street&Sidewalk 1.46 5 240,000 48,000 240,000 36,000 240,000 24,000 240,000 12,000 Qz Apnl 22 243,000 Hi(q�hway Dump Truck 55,000 GVW 2.59 10 28,000 11,745 25,000 10,750 25,000 9,500 25,000 8,2501 Qw 265,000 S&1 Combo BodV 6-Wheeler 2.60 10 30,000 12,808 30,000 11,750 30,000 10,250 25,000 8,7501 4 85,000 Hiphwa��Service Dump Truck 2.60 10 10,000 4,108 10,000 3,750 10,000 3,250 1D,D00 2,750 4s 120,000 Prop&Bld Sign Truck 2.32 5 25,000 5,800 25,000 4,750 25,000 3,500 25,000 2,2501 4e 85,000 Highway Street Vector 2.55 10 10,000 4,108 10,000 3,750 10,000 3,25D 10,000 2,750 280,000 S&I Salter 6-wheeler 2.59 10 30,000 13,533 30,000 12,500 30,000 11,000 30,000 9,5001 Qe 300,000 S&I Loader 2.6' 10 30,000 14,500 30,000 13,500 30,000 12,000 30,000 10,500 Qs 250,000 Street Swee er 2.61' 10 25,000 12,083 25,000 11,250 25,000 10,000 25,000 8,7501 ss 775,67oH3✓y ConnetKroAways 2.33 5 155,674 37,49� 155,000 31,000 155,000 23,250 155'000 15,5001 si 423,826 Addin,BId Replace hiller 3.19 20 28,826 17,827 25,000 17,000 25,000 15,750 25,000 14,500 sz 1,250'000 Fire Ladder Truck 3.0'` 1S 85,000 56,067 85,D00 53,700 85,000 49,500 85,DDD 45,250 se 2,376'000 Pub.Safe(�Radio Infrastr.P2 2.6' 10 241,OD0 114,840 2450,000 106,750 240,000 94,750 2450,DOD 82,7501 s4 110,000 DPW BId, idewl ks,Pkq Lot 2.60 10 15,000 5,317 15,0006 4,750 10,000 4,000 10,000 3,5001 ss 300,000 Prop&BId Underprpund Duct 2.33 S 60,000 14,506 60,006 12,000 60,000 9,000 60,006 6,000 I sa I I 17 _ se 163,807,000�,SUBTOTAL GF Debt 10,343,506I 4,471,502 10,240,000 3,990,644I 9,780,000I 3,513,200 8,320,0061 3,074,3251 ss SUBTOTAL GF Debt 14,815,002 14,230,644 13,293,200 11,394,325 1 Page 1 of 8 BONDED DEBT SCHEDULE - FY2023 Annual Bonded s Purpose Int YRS v FY27 p a FY28 s FY29 a FY30 w x FY131 Y FY32 Date Am.unt Rate PRIN INTEREST PRIN I INTERESTI PRIN I INTEREST I PRIN JINTEREST I PRIN I INTEREST PRIN JINTEREST GENEF�NA1ND DEBT N a Sul 08 1QQ QQ Qp Q P{�ice Buil inq �]91 2Q 5�0 00 .5 r500 500,000 34,688 500,000 11,583 5 �eb 10 d 9�['9 �oli e BuI4Iding R.31J 7L0 �10, 0 ��,600 210,000 25,200 210,000 16,800 210,000 8,400I �dti1� 4E uipment �.311 15 e 11 p 61 7 350,0 Libf7w Construction 3,3' 1 e�Jun 12 �,069iQ 00 E��u�,,11JJJJant 1.80 15 25,], 76 e� 1,50 Q 6�A.thac Field Renov 1.80 1� 100,000 3,000 iq 52 ��,I-lImprovement 1.8 10� Nn�9j 13 b O 2 g7 ?� 31 QQ0Q 79,65Q 320,000 7Q350 335,000 59,630 345,000 48,408I 355,006 36,8501 365,000 24,958 �z N1av 14 9,U86,00 Vigo Field ��AA� 13J �_9r 0 1 ,a 1� (�,000 E$(; 15 990 �6f 6�4kkp 90,000 4,050 9000 1„ 01 700 Schhoo Improvement 2r6� 15� 1�,00 5 10,000 300 ' 70�0 tase`�ark zoo 1SI 2,,000 soo 25,000 s751 z6,006 300 14 flfl 73.,� Refun�ylq o3,oa eonds zO�J 1 pr116 126 i4� Venous EQw &vehicles 1.121 9 r yen tts zip Buildings 1.1� �e Jan 18 1/��T bus E�u�&�phi��Os 1�J 11,�000 13,7001 115,000 9,100 3Q000 4,5001 30,000 3,300 30,006 2,1001 30,000 900 Vpror�s�umc,q.�Bw drags Sy�'L 141 7r�r000 1�10(� 75000 14100 75,000 11,100 75000 8100 75,000 5,100 70000 2100 4,osa,&oo$tr et 2Sidewalk z.0�1 s $$gyp�of egg 2z Jun 19 1,325,500 cool rovement 1.5.E i6� 'L.,000� 3,500 25000 2,250 20,000 1,000 12s 837,5005treet&Sdewin 1.53� 5) 90Jy3400)�Fi gell.Park�r.vements 1.53 10 90,00, 13rr500 90,000 9,000 90,000 4,500 z5 1,49�i,Jyp DPW F.),)Tent 1.53 10 120.000 17,250 120000 11,2501 105,000 5,2501 1 zs ��OO�Pnlice�J14inmP�t 1.53� St 1 22Jun20 3.223.46]16unniff E�.mentary Dr. 1�Sf 70� 160.000� §�9600 160000 61600 160.000� rpo gO01 160000 45600 160.J10A� 37fi00 160000 32800 ze t5 729 O�osmer ElemerttaND,s ym 1.3,{ 7J1 2$5)p0)1 133,975 285 000 109 725 285 0�0,1 9�,47i5 285 000 81 225 285 000 66 975 285 000 58 425 z4 '<,122,445Hos9p.r ElementarvPPM 1.ifj 20 5 000, 2,,92,j 55,000 21.175 55,pop 18�25 55000 15675 55,000 12.925 55000 11275 ao 245,000 Mid.ScJ,y Men's Lockeroom 1.381 10I 25.000I 4.5001 25,000 3,250 20&0 z000 20 000 1 0oit lay 3.029,625 Street&Sidewalk 1.38 //� 1 az 1.100.090 Fire Ladder Truck 1.38J 15.1 75 q00 24 100 75 000 20.350 75 000 16 600 75 000 12 850 70.000 9,100170,000 7,000 as 1 175 375 Fili ell.Li his&..rebrd 1.38 10 115 000 23 000 115 000 17 250 1175 OOf� 11.500 115 000 5 750 1 as Jan 1'� 4571p'5 pp(\-los j&fltnnff/Sc�hRpJs 1.04 yO 7C�111.(7y1 1173250 2510000 1042750 2610000 912250 2610000 781750 2605000 651250 2605000 547,050 as Apr�21 34.100i 200�Hosmer&f1rinlff Schools 1.4�j 20 Lz05.00J 7�3,150 1705000 647900 1705.0�0 596.7250 1705000 511500 1.705�n0 4267rrj0 1705000 356,050 as 921 800 Mycnr�e�`��.B/jiIogs 1.46 102 9p.000 19 800 90 000 15 300 90.(�o" 12 600 90 000 8 100 90 000 3 600 �a7 54BA00 Mid.Scq AC for Cafeteria 1.46 1q 55.000 11.900 55,000 9 150 55.000 7,500 55 000 4,711 50.000 2.000 as 355 ooq Flrp_AM�jNIa oe 1 gsJ �J 1 s 188.QOO T.wn Ha EPevat.r �a6 40 1�7t000}Public Safely Radio Infrastr. 1.46 1 175.000 38 300 175,000 29,550 175.000 24.300 175,000 15,550 170.000 6.600 1,200,➢p1 tree[&Sidewalk 1.46 5) I 4z April 22 243,0�6 Mi lb y y Dump Truck 5b,gOO GVW r5� 10 2rM0�� 7aRR0 25,000 5,750 25,000 4,500 25,000 3,250 20,000 2,000 20,000 11000 w 5000 i�&I Combo gddy 6-Wheeler 15fi 10 25,000 7,500 25,000 6,250 25,000 5,000 25,000 3,750 25,000 2,500 25,000 1,250 a 5,000 Higheyy Scjice Du�pp Truck 2.60 1q 10\000 7,250 10,000 1,750 10,000 1,250 5,000 750 5,000 500 5,000 250 45 120,000�Pro Sign Truck 2:3 5J 20,0p0, 1,000 e 85,' Hi�wAy treet Vactor 2.55 1n 10,000 2,250 10000 1750 10,000 1,250 5,000 750 5,000 500 5,000 250 280 �S&I Salter 6-wheeler 2.59 10 30,000 £�,000 30,000 6,500 25,000 ��000 25,000 3,750 25,000 2,500 25000 1250 41 QQ 41 300�0 �S&I Loader 2.fi�1 10 30 000 9 000 30 000 7 5001 30 OOO, 60001 30 000 4 5001 30,000 3„000 30 000 1 500 ag 250,66��`�ree[Swe� �r 2.611 10 25000 �50p 25000 62501 25,000� 5,0001 25000 3750 25,000� 2,500 25,000 1,250 so 775,674 H C.nne hroyjhw�Ys 2.33� 5 ly5 (.0 7,750 51 423,82fi Ad Bid Rep a.e Chlfler 3.191 20 2b�00 13,250 20'000 12,250 20,000 11,250 2Q000 iQ250 20,000 9,250 20,000 8,250 5z 1,2250,000 Fire La()(�er Ty(('�' 3.0� 1S 85,00 41,000 85,000 36,750 85,000 32,500 85,000 28,250 85,000 24,Oo0 85,000 19,750 ea 2,376Q�(�Pub.Safety Radq nfrastr.P2 2.61 1Q 240,00 70,750 235000 58750 23500 47,Q00 235000 35250 2,3a5.000 23.5f10 235,000 11,750 54 116,J�0,��� W Bid,Sidewlks,Plq Lot 260 10 10,00� 3,��P 10,000 2,5001 10,600 2,0601 10000 15501 10,000 1,000 10000 500 55 300, r.p&BId Underground Duct 2.33 5 60,000 31 0 I 17 1 se 163,807,000 SUBTOTAL GF Debt 1 5e 7150000 2,680,50 ,435,000 2,305,263 ,,325,,000 1,98,818 6,495,000 1,64,08 1,331,800 5,9830,,000 1,089,558 9,740,263 9312818 8,142,708 1ISUBTOTAL GF Debt 10,6 6 ,O,7,n 91558 Page 2 of 8 BONDED DEBT SCHEDULE - FY2023 c Al Ac Aq Ae Ar As A. AI Ad Arc Ar am r Annual Bonded s P-ose Into 'PS 1133 FY34 FY35 "I FY37 FY38 2 Data Amount Rate PRI N INTEREST PRIN INTEREST PRIN INTEREST PRIN INTEREST PRIN INTEREST INTEREST a GENERAL FUND DEBT NIC a Jul 08 10,000,0001 Police Buildinq 4.1T 20 5 Feb 10 4,221,000 Police Building 3.3 20 s 881,OOC Equipment 3.3{ 1�1 350,OOC Lib raw Construction 3.3'� 1�1 e Jun 12 1,069,000 E(�uigment 1.80 1�1 s 1,500,OOC�.khle{ic Field Renov 1.80 1� �0 525,000 School Improvement 1.80 10 rr Nov 13 6,000,OOC ESCO 2.11 20 380,000 12,730 �2 Mav 14 1,088,00CVicto Field 2.00 13 Ira 1,350,000.ESC' 2.00 1�' 207,00 School Improvement 2.06 1� r5 370,000iCasev Park 206 1� rs Mayy,,14 8,733,OOCRefund,W,03,04 Bonds 206 1 r�AprB 16 1,206,406 Vanous Ep% Vehicles 1.12 9 Ire 913,600J Vanous fvlonici�al Bud 1.12 9 rs Jan 18 1,793,00'Vanous E% Vehicles 2.02 1 21 1,327,20C�1/anous Municipal Bwldinqs 2.02 1Q 21 4,034,800 Street&Sidewalk 2.02 9 22 Jun 19 1,325,50[School Improvement 1.53 10 2a 837,500 Street&Sidewalk 1.53 5 908,000 Filippello Park Improvements 1.53 10 25 1.403,500 DPW Equipment 1.53 10 ±s 40.000 Police Equipment 1.53 5 ,7 Jun 20 3,223.467 Cunniff Elementary Desgn 1.38 20 160.000 28.000 160.000 23.200 160.000 20.000 160.000 16.800 160.000 13.600 160.000 10.4001 ±e 5.729.088-Hosmer Elementary Design 1.38 20 285.000 49.875 285.000 41.325 25.000 35.625 285.000 29.925 285.000 24.225 285.000 18.5251 xs 1.122.445=Hosmer Elementary OPM 1.38 20 55.000 9.625 55,000 7.975 55.000 6.875 55,000 5,775 55.000 4.675 55.000 3.575 ae 245.0004viid.Sch.Men's Lockercom 1.38 10 ar 3.029.62atrest&Sidewalk 1.38 5 112 1.100.000 Rve Ladder Truck 1.38 15 70,000 4,900 70,000 2,800 70,000 1,400 as 1,171,375 FiliM,ello Lights&Scorebrd 1.38 10 sa Jan 21 52,145.000 Hosmer&Cunniff Schools 1.34 20 2,605,000 468,900 2,605,000 416,800 2.605.000 364.700 2.605.000 312,600 2,605,000 260,500 2,605,000 208.4001 a5 April 21 34,106.200 Hosmer&Cunniff Schools 1.46 20 1,705,000 306,900 1,705,000 272,800 1.705.000 238.70Q 1.705.000 204,600 1,705,000 170,500 1,705,000 136.400 as 921,800 Middle Bob.Boilers 1.46 10 s7 54N00 Mid.Sch.AC for Cafeteria 1.46 10 se 355.000 Fire Ambulance 1.46 5 as 188.000 Town Hall Elevator 1.46 5 ao 1.771.00iIPubl is Safety Radio lnfrastr. 1.46 10 41 1,200,00L;Street&Sidewa1k 1.46 5 a2 April 22 243,000 Hihwav Dump Truck55,000 GVW 2.56 10 as 265,000 S,Combo BoX-Wheeler 2.66 10 a 85,000 Highwa��Service ump Truck 2.60 10 a5 120,000 Prop&Bld Sign Truck 2.32 5 as 85,000 Hi(yhwayy Street Vactor 2.55 10 280,000 S& Sal[er 6-wheeler 2.59 10 as 300,OOCS&I Loader 2.61 10 as 250,00CStreet Sweeper 2.61 10 bo 775,674Hwv Conne rou�rwayys 2.33 5 5r 423,826Adim B d Rep acAhi fer 3.19 20 20,000 7,250 20,000 6,450 20,000 5,650 20,000 4,850 20,000 4,050 20,000 3,375 52 1,250,000 Fire Ladder Truck 3.0{ 1 80,000 15,500 80,000 12,300 80,000 9,100 80,000 5,900 80,000 2,700 5s 2,376,000 Pub,Safety Radio Infrastr.P2 2.6' 10 5a 110,00 DPW Bld,Sidewlks,Pkq Lot 2.60 10 55 300,00 Prop&Bld Underground Duct 2.33 S 5s 5] 5s 163,807,006l SUBTOTAL GF Debt q 360,00 903,680 4,980,000 783,650 4,980,000 682050 4,910,000 580,450 4,910,000 480.250 4,630,000 380,675 5s SUBTOTAL GF Deb[ 6,263,6801 5,763,650 5,662,050 5,490,450 5,390,250 5,210,675 Page 3of8 BONDED DEBT SCHEDULE - FY2023 I c Ary Aq AP Al Aa As At Au Al AuAn Annual Bonded s Purpose Int IRS FY39 FY40 FY41 FY42 Total BONDED LAST z Date Amount Rate PRIN INTEREST PRIN INTEREST PRIN INTEREST PRIN INTEREST PRINCIPAL INTEREST AMOUNT PAY a GENERAL FUND DEBT NIC 4 Jul 08 10,000,000 Re ice Bdildinq 4.19 20 4,000,000 720,625 10.000,000 291 s Feb 10 4,221,000 Police Buil dinq 3.3' 20 1,890,000 365.663 4.221.000 30 881,00,.ErpDment 3.3T 1� 140,000 12.60 881.000 251 350,OO,Librery Construction 3.3� 14 75,006 5,250 350,000 241 1 8 Jun 12 1,069,000 ElI�1ui��t1 ent 1.80 1� 170,006 14.806 1.069,000 271 s 1,500,OOC.Afhl efic Field Renov 1.80 1� 600'000 57.62� 1.500,000 27 ,s 025,OOCSchooll mprovement 1.80 10 50,000 1.000 525,000 221 n Nov 13 6,000,000 ESCO 2.87 26 3,850,000 854.988 6,000,000 33 ,z Mav14 1,088,000 Victory Field 2.00 13 490,000 43.300 1,088,000 271 ,a 1,350,000 ESCO 2.00 1$ 720,000 85.950 1,350,000 291 4 207,OOCSchool Improvement 2.00 1� 90,000 9.550 207,000 29 u 370,OOCCasev Park 2.00 1� 190,000 22750 370,00 J 291 ,a Me 14 8,733,000 Refundm 03,04 Bonds 2.00 11 2,715,000 211.52- 8,733,00 25 ,r Apri 16 1,206,40CVarious uin&Vehicles 1.12 9 180,000 12.750 1,206,40 251 ,e 913,60 Various unici[��I Buildings 1.12 9 400,000 30.00 913,60J 25 s Jan 1,793,OO anous Epw�&Vehicles 202 14 1,115,000 184.9001 1,793,000J 321 za 1,327,20C anous MMuniciq�l Buildings 2.02 14 895,000 191.70Q 1,327,206 32 4,034,800 Street&Sidewalk 2.02 9 1,005,000 90.200 4,034,800 271 zz Jun 19 1,325,50CSchool Improvement 1.53 10 840'000 107.500 1,325,500 29 as 837,50UStreal&Sidewalk 1.53 5 495,000 49.500 837,500 24 908,002-2ppeIla Park Improvements 1.53 10 720,000 152,000 908,000 29 24 1.403.5"0 DPW Equipment 1.53 10 1.005.000 219750 1.403.500 291 2 540.000 Police Equipment 1.53 5 20.000 1 750 40.000 24 27 Jun 20 3,223.467 Cunniff Elementary Design 1.38 20 160.coo 7.040 160.000 3.600 3.055.000 592.940 3:223:417 401 121 5,729,088 Hosmer Elementary Design 1.38 20 285.000 12.540 285.000 6.413 5.435.000 1.590.378 5.729.088 40 zs 1.122.445 Hosmer Elementary OPM 1.38 20 55.000 2.420 55.000 1.238 1.060.000 307.933 1.122.445 40 as 245.000 Mid.Sch.Men's Lanka- 1.38 10 215.000 5200 245.000 301 ai 1 029.62 Street&Sidewalk 1.38 5 2.420.000 302 500 3.029.625 25 az 1.100.O0CFire Ladder Truck 1.38 15 1.025.000 275 850 1.100.000 351 as 1,175.371 Filipoello Lights&Scorebrd 1.38 10 1.055.000 261 250 1.175.375 30 a4 Jan 21 52.145.101 Hosmer&Cunniff Schools 1.34 20 2.605.000 156.300 2605.000 104.200 2.605.000 52,100 2,605,000 52.100 54,755000 15.323,578 52,145,000 41 as April 21 34.106.20CHe mer&Cunnlff Schools 1.46 20 1.705.000 102.300 1 705.000 68.200 1.705.000 34.100 1.705.000 34.100 35.811.200 9.748.353 34.106.200 41 as 921:800 Middle Sch.Boilers 1.46 10 921.800 227044 921,800 311 a� 548.000 Mid.Bob.AC for Cafeteria 1.46 10 548,000 135.340 548,000 311 as 355,000 Fire Ambulance 1.46 5 355,000 52158 355.000 261 as 188:000 Town Hall Elevator 1.46 5 188,000 26837 188.000 26 4s 1,771,000 Public Safety Radio Infrastr. 1.46 10 1,771,000 438272 1.771:000 311 1,200,000 Street&Sidewalk 1.46 5 1,200,000 178000 1,200,000 26 42 April 22 243,OOO Hi((�way Dump Truck 55,000 GVW 2.59 10 243,000 63 745 243,000 321 4, 265,OOCS&1 Combo Bod 6-Wheeler 2.60 10 265,000 69 808 265,000 32 4 85,000 Highwa��Serwce�ump Truck 2.60 10 85,000 20,608 85,000 32 4s 120,000 Pry&Bld Sign Truck 2.32 5 120,000 17,300 120,000 27 85,000 Hi hwa Street Vactor 2.55 10 85,000 20,608 85,000 321 48 p Y 280,00G,S& Salter 6-wheeler 2.59 10 280,000 73,533 280,000 32 141 300,O005& Loader 2.61 10 300,000 82,000 300,000 321 41 250,OOCStree[Sweerr��e,r 2.6'� 10 250,000 68,333 250,000 32 sa 775,674Hr Conne an,roll�rways 2.33 5 775,674 114,99� 775,67 27 s, 423,8261Aim BId Replace hiller 3.19 2Q 20,OOC 2,700 20,000 2,025 20,000 1,350 20,000 675 423,826 167,952 423,826 42 sz 1,250,OOCFre Ladder Truck 3.0� 1$ 1,250,000 432,317 1,250,000 37 sa 2,376,000 Pub,SafeRadio Infrastr.P2 2.61 10 2,376,000 646,090 2,376,000 32 14 110,00CDPW BId, idewlks,Pkq Lot 2.60 10 110,000 28,067 110,000 321 ss 300,00CProp&BId Underground Duct 2.33 S 300,000 44,500 300,000 271 se 163,807,000d,SUBTOTAL GF Debt 4,830,0001 283,300 4,830,0061 185,679I 4,330,0001 87,556I 4,330,000 86,87�I 138,358,500 35,118,068 163,807,000 ss SUBTOTAL GF Debt 5,113,306 5,015.675 4,417,556 4,416,875 173,476,568 Page 4 of 8 BONDED DEBT SCHEDULE - FY2023 G D E H J K L M n O 1 Annual Bonded s umose n[ RS F 23 F 24 F 25 F 26 z Date Amount Rate PRIN I INTEREST PRIN INTEREST PRIN I INTEREST PRIN INTEREST so , si ENTERPRISE FUND DEBT sz Jun 13 1,500,000 MWRA Water Bond 0.00 10 150,000 ss Mav 14 1,350,000 Refunding 03,04 Bonds 2.00 10 135,000 10,125 135,000 3,375 sa Au�15 500,000 MWRA Water Bond 0.00 10 50,000 50,000 50,000 50,000 ss Ap n 16 140,000 Water Box Truck 1.12 9 15,000 1,350 15,000 900 15,000 450 ss Nov 16 302,500 MRA Sewer Bond 0.00 e7 Nov 16 500,000 MWRA Water Bond 0.00 10 50,000 50,000 50,000 50,000 ss Jan 18 565,550 Sewer Vanous Egwo&Veh 2.02 10 60,000 11,800 50,000 9,400 50,000 7,400 45,000 5,400 as 164,450 Water Backhoe 2.02 10 15,000 3,600 15,000 3,000 15,000 2,400 15,000 1,800 7o Feb 18 288,200 MWRA Sewer Bond 0.00 5 57,640 478,000 MWRAWater Bond 0.00 10 47,800 47,800 47,800 47,800 7z Mar 19 262,500 MWRA Sewer Bond 0.00 10 26,250 26,250 26,250 26,250 I7s 500,000 MWRAWater Bond 0.00 10 50,000 50,000 50,000 50,000 74 Jun 19 139.000 Sewer Egwp 1.53 10 15.000 4,500 15.000 3,750 15.000 3,000 15.000 2.250 75 181.500 Water Equip 1.53 10 20.000 6.000 20.000 5.000 20.000 4.000 20.000 3.000 7s Dec19 262.500 MWRA Sewer Bond 0.00 10 26.250 26.250 26.250 26.250 7 Feb 20 500.000 MWRA Water Bond 0.00 10 50.000 50.000 50.000 50.000 7s Jun 21 262,500 MWRA Sewer Bond 0.00 10 26.250 26,250 26.250 26.250 7s Jun 21 500.000 MWRA Water Bond 0.00 10 50.000 50.000 50.000 50.000 so Jun 21 600.000 MWRA Water Bond 0.00 10 60.000 60.000 65.000 60.000 ei ADH 22 4,216,500 Replacement of Water Meters 2.6� 10 426.500 203,798 425,000 189,500 425.000 168,250 420,000 147,000 I sz I I ss 3.204SUBTOTAL Entemnse Debt 1.330.690 241.173 1.111.550 214.925 976.550 185.500 951.550 159.450 sa `SUBTOTAL Entemnse Debt 1.571.863 1.326.475 1.162.050 1.111.000 R5 ss /TOTAL GF/Entemnse Debt 11.674.190 4.712675 11.351.550 4.205.569 10.756.550 3.698.700 9.271.550 3.233.775 17 TOTAL GF/Enternse Debt 16.386.865 15.557.119 14.4565 250 12.505.325 RR ss RECAP BY FUNCTION so SCHOOL(NON-EXEMPT) 5,260,000 3,191,875 5,260,000 2,928,875 5.030.000 2,666,125 5,020,000 2,414,875 si SCHOOL - - - - - - - - sz SCHOOL(TOTAL) 5,260.000 3.191.875 5.260.000 2.928.875 5,030,000 2.666.125 5.020.000 2,414,875 FIRE 440,500 203,737 440,000 185,625 440,000 163,625 440,000 141,625 LIBRARY 25,000 1,750 25,000 875 - - - - SEWER 278,890 21,363 211,250 14,838 143,750 10,400 138,750 7,650 WATER 1,051,800 219,S10 900,300 200,08 832,800 175,100 812,800 151,800 DPW 1,903,674 385,119 1,825,000 299,068 1,625,000 212,063 940,000 134,600 RECREATION 420,000 108,200 415,000 90,200 415,000 73,638 410,000 57,513 POLICE 925,500 303,858 925,000 266,463 920,000 226,800 920,000 186,238 OTHER 1,368,826 276,964 1,350,000 219,538 1,356,000 170,95D 59D,DOD 139,475 roi 177,020,200 TOTALS 11,674,190 4,712,675 11,351,550 4,205,569 10,75,550 3,698,700 9,271,550 3,233,775 Page 5 of 8 BONDED DEBT SCHEDULE - FY2023 P p R s T v x Y 1 Annual onded s Purpose Int RS F 27 F 28 F 29 F 30 F 31 F 32 o Date Amount Rate PRIN I INTEREST PRIN INTEREST PRIN I INTEREST PRIN INTEREST PRIN I INTEREST PRIN INTEREST ENTERPRISE FUND DEBT J Sz Jun 13 1,500,00DAMRA Water Bond 0.0 1 1Q es Mav 14 1,350,00Wefundinn 03,04 Bonds 2.11 10 e4 Au�15 500,000 MWRA Water Bond 0 0O 10 A r116 140,000 Water Box Truck 1.12 9 5 pp es tJov 16 302,50(IMWRA Sewer Bond 0 0 az Nov 16 500,000&AWRA Water Bond 0.00 10 50.000 ae.Jan 18 565,55C%Sewer Various Equip&Veh 202 10 45,000 3,600 45,000 1,800 as 164,45L1Nater Backhoe 2.02 10 15,000 1,200 15,000 600 rs Feb 18 288,20C&IWRA Sewer Bond 0.00 5 478,00 MWRA Water Bond 0.00 10 47,800 47,800 n Mar 19 262,50 WRA Sewer Bond 0.00 10 26,250 26,250 26,250 rs 500,000 MWRA Water Bond 0.00 10 50,000 50,000 50,000 ra Jun 19 139,000 Sewer Eewp 1.53 10 15.000 1,500 10.000 750 5.000 250 �5 181.50LWater Eouip 1.53 10 15.000 2.000 15.000 1.250 10.000 500 17,Dec 19 262.500 MWRA Sewer Bond 0.00 10 26.250 26.250 26.250 26.250 n Feb20 500.000 MWRA Water Bond 0.00 10 50.000 50.000 50.000 50.000 �e Jun 21 262.50C.W RA Sewer Bond 0.0a 10 26,250 26,250 26,250 26.250 26.250 26.250 17h Jun 21 500 10) vIWRAWater Bond 0.00 10 50.000 50.000 50,000 50,000 50.000 50.000 1 ss Jun 21 600.000 MWRA Water Bond 0.00 10 60.000 60.000 60.000 60.000 60.000 60.0() ei Add 22 4,216,500 Replacement of Water Meters 2.6� 10 420.000 126.D00 420.000 105.000 420.000 84,000 420,000 63,000 420.000 42,000 420,000 21,000 sz _ 13.213.200 SUBTOTAL Entemnse Debt 896,550 134,300 841.550 109,400 723,750 84,750 632.500 63,000 556.250 42,000 556,250 21,000 SUBTOTAL Entemrse Debt 1.030,850 950.950 808.500 695.500 598.250 577,250 TOTAL GF/Entemnse Debt 8.846.550 2.815.050 8.276.550 2.414.663 8.808.50 2.072.568 7.127.500 1.710.708 6.691.250 1.373.800 6.386.250 1.110.558 sz TOTAL GF/Entemnse Debt 11.661.600 10.691.213 10.121.318 8.838.208 8.065.050 7.496.808 Ise I ss RECAP BY FUNCTION so SCHOOL(NON-EXEMPT) 5,020,000 2,164,150 5,020,000 1,913,400 5,005,000 1,699,675 4,980,000 1,449,600 4,950,000 1,200,600 4,810,000 1,007,600 si SCHOOL - - - - - - - - - - - - sz SCHOOL(TOTAL) 5,020,000 2,164,150 5,020,000 1,913,400 5,005,000 1,699,675 4,980,000 1,449,600 4,950,000 1,200,600 4,810,000 1,007,600 FIRE 367,500 119,625 365,000 101,250 365,000 84,750 365,000 66,500 357,500 48,250 272,500 32,625 LIBRARY - - - - - - - - - - - - SEWER 138,750 5,100 133,750 2,550 83,750 250 52,500 - 26,250 - 26,250 - WATER 757,800 129,200 707,800 106,850 6480'000 84,500 580,000 63,000 530,000 42,000 530,000 21,000 DPW 680,000 90,15D 400,000 58,600 295.000 39,750 180,000 25,300 175,000 16,600 175,000 8,150 RECREATION 410,000 41,90D 230,000 27,225 , 225,,000 16,300 115,000 5,750 , - - POLICE 917,500 145,625 915,000 104'038 915000 64,013 415,000 33,800 202,500 15,150 117,500 5,8 75 OTHER ,555,000 119,300 505,000 10750 520000 83,30 440,000 66,758 45 200 4500 35,308 5 6, 601,1177,020,20GTOTALS 846,550 2,815,OSD 8,276,550 2,4104,663 8,048,750 2,07268 7,127,500 1,710,708 6,691250 1,373,800 38,25 10,558 Page 6 of 8 BONDED DEBT SCHEDULE - FY2023 i qRn sal nde� Purpose c pt VRS pa Al FY33 pc pn FY34 AE Ar Y9� AG Aa FY36 A l i p FY37 HK FY38 2 Dale mounts Rate PRIN INTEREST PRIN INTEREST I PRIN f I INTEREST PRIN INTEREST PRIN INTEREST A INTEREST se sip ENTERPRISE FUND DEBTS s2 un 13 �6(7 a MWRA W1ter� d 0.(7(� le s3 av 14 1 3 a di 03 0 ntls 1 �] n(� \ d �jNA sa u�15 �5J1 O A Water on 0.0� 10JJ sb A� 16 1'0, wT 0 s�r Nov 16 02, pMWRA e[ and 0.00 �l s7 Nov 16 500,O�MWRA star Bond 0.00 1 sal Jan 18 56566550 Sewer Various/Equip&Veh 2.0�/ 10 se� 164,4�(_Nater Backhoe 2.0 J 10 71r Feb 18 2M,?01j MWRA 13p,f Bore Oq �`�) 478�OC MWRA Water Bond 0.00 10f 72 Mar 19 ?62,50CMWRA S 6 d 4 P 10 71 500000 MWRA Water Bond 0.B,) 10 7a Jun 19 139.000 Sewer Equip 1.53 10 75 181.500 Water Equio 1.53 10 71 Dec 19 252,500 MWRA Sewer Bond 0.00 1q 771 FPb?9 5000P0 MWRA Water Bond 0.00 10 73 Jkn�l 262,50014t/fj�Sewerljgnd 0.oq, 9) 7,Jun 21 500.60o1,99VyR N�tPrpond q.qq 10 eeJun 21 600 00C��yy11WRA WatP(Bond 0..9q 10 sr Aoril 22 4.216.SOC12eo�acement of Water Meters 2.61 10 e2 13 13.213.20�UBTOTAL Enter nse Debt - - - - - - - - - - - - sa UBTOTAL Enterprise Debt 85 es TOTAL GF1 Enter rise Debt 1,311,100 903.680 4.980.000 783.650 4 980 000 682 050 4.910.000 580 450 4 910 000 480,250 4.830.000 380 675 e7 TOTAL GF/Enterprise Debt 6 263 680 5,763,650 5 662 050 5,490,450 5 390 250 5,210,675 81 88 RRcAP BY FU W TI0N so S)HQQ)/NON-EXEMPT) 4.810.000 863.300 4 810 000 762 100 1 4.810.000 665.900 4.810.000 569.700 1 4.810.000 473.500 4.810.000 377.300 si SCHOOI - - - - - - - - - - - - 92 S!CHOOL(TOTAL) 4,810,000 863,300 4,810,000 762,100 4,810000 665,900 4,810,000 569,700 4,810,000 473,500 4,810,000 377,300 'FI B 150,000 20,400 150,000 15,100 150:000 10,500 80,000 5,900 80,000 2,700 LIB„�RY - - - - - - - - - - - - SEWER - - - - - - - - - - - - WATER - - - - - - - - - - - - 17 DP 11 RECREATION - - - - - - - - 11 PPLICE - - - - - - - - - - - - �OTHER 400,000 19,980 20,000 6,450 2�000 5,650 20,000 4,850 1 20,000 4,050 20 000 3,375 177,020,20 0TALS 5,360,000 903,680 4,980,000 783,fi50 4,98 ,000 682,050 4,910,000 580,450 4.910.000 480.250 4,830,000 380,fi75 Page 7 of 8 BONDED DEBT SCHEDULE - FY2023 G E AN f Al AP A. � An f AS AT Au AV Ab. � Ax , AY i Annual onded a urpose Int RS __ FV99�_ FV4� F 41 FY42 Total BONDED LAST z Date Amount Rate HRIN I1vir=kr=ST PRIN INTEREST PRIN INTEREST PRIN INTEREST PRINCIPAL INTEREST AMOUNT PAY as ENTERPRISE FUND DEBT ,z on 13 1,500,000 MWRA Water Bond 0.0 1 300.000 01 1,500,000 24 as Mav 14 1,350,000 RefundinJl 03,04 Bonds 2001 16/1 405,000 30,3751 1,350,000 24 as Ad 15 500,000 MWRA Water Bond 0.0 1U 250,000 01 500,000 26 a s 116 140,000 Water Box Truck 1.12 9 60,000 4,5001 140,000 25 as ov 16 302,500 MWRA Sewer Bond 0.061 f ` 60,500 01 302,500 22 s Nov16 500,000 MWRAWater Bond 0.i 10 I 300,000 01 500,000 27 ae Jan 18 565,550 Sewer Various Eam&Veh 202 16/1 1 355,000 53,6001 565,550 28 as 164,450 Water Backhoe 2.02 1U 105,000 16,8001 164,450 28 sa Feb 18 288,200 MWRA Sewer Bond 0.00 5 115,280 01 288,200 23 478,000 MWRA Water Bond 0.00 10 334,600 01 478,000 28 si Mar 19 262500 MWRA Sewer Bond 0.00 10 210,000 01 262,500 29 �s 500,000 MWRAWater Bond 0.00 10 1 400,000 01 500,000 29 sa Jun 19 139,000 Sewer Ed= 1.53 10 105,000 21 2501 139.000 29 7 5181.500 Water Enuio 1.53 10 140.000 287501 181.500 29 17,Dec 19 262 500 MW RA Sewer Bond 0.00 10 236,250 01 262.500 30 n Feb 20 500.000 MWRA Water Bond 0.00 10 450,000 01 500,000 30 171 Jun 21 262.500 MWRA Sewer Bond 0.00 10 262,500 01 262,500 32 ss Jun 21 500.000 MWRA Water Bond 0.00 10 l 500,000 01 500,000 32 "Jun 21 600.000 MWRA Water Bond 0.00 10 `` 600.000 01 600.000 32 e1 A.nI 22 4216500 R2-ement of Water MM- 9.6 10 I 4,216,500 1,1495481 4,216,500 32 az as 13.213.200 SUBTOTAL Enterprise Debt 9 405 630 1.314, 823 13 213 200 114 SUBTOTAL Enter rise Debt 10 710 " as as TOTAL GF/Enterprise Debt 4,830,000 283,300 4,830,000 185,675 4,330,000 87,550 4,330,000 86,875 147,764,130 36,422, 177.020.200 a� TOTAL GF/Enterprise Debt 5 113 300 5,015,675 4 417 550 4 416 875 184 187 021 as as RECAP BY FUNCTION ss SCHOOL(NON-EXEMPT) 4.810.000 280,600 4,810,000 183,650 4,310,000 86,200 4,310,000 86,200 102,776,000 28,395,615 131,171,615 si SCHOOL - - - - - - - - 0 0 sz SCHOOL(TOTAL) 4.810.000 280,600 4.810,000 183.650 4,310,000 86,200 4,310,000 86,200 102776000 28,395,615 131,171,615 FIRE - - - - - - - - �703,.00 1,302,506 6:006:006 LIBRARY - - J - - - - - 75 000 5 250 80 250 SEWER - - - - - - - 1,547,030 90,038 1,637,068 WATER - - - - - - - 7,858,600 1,214,785 9,073,365 DPW - - - - - - - - 10,273,674 1,624,000 11,897,674 RECREATION - - - - - - 3,060,000 546,925 3,606,925 POLICE - - - - J - - - - 7,980500 1,630,218 9,613,718 OTHER 20000 2700I Z�,ODti 2,02 20,000 1,350 20,000 675 91486:820 1,613,559 11,1D0,388 `i Ism 177,020,200 TOTALS 4,830�00 28:�300 1 4,8k,000 185,675 4,33D,DOD 87,SSD 4,330,000 86,875 147,764,130 36,422,892 Page 8of8 CITY OF WATERTOWN 1630 • jr .z SUBMITTED FISCAL YEAR 2023-2027 CAPITAL IMPROVEMENT PROGRAM CAPITAL IMPROVEMENT PROGRAM The Capital Improvement Program is the method used to realistically show what relatively expensive and higher cost equipment and projects need to be planning in order to ensure that the City's infrastructure is adequately maintained. It is easy to not fund maintenance, repairs and equipment replacement until something either falls down or stops running. However, this is poor planning for at least two reasons: 1. It does not reflect the true cost of each year, i.e. a truck costing $100,000 dollars with an expected useful life of five (5) years actually costs $20,000 per year for five (5) years and not $100,000 for one year. 2. By maintaining buildings and equipment in good repair, the useful life of the item can be extended at a reasonable cost. Many communities wait until buildings, vehicles or equipment are in such a state of disrepair that only a major overhaul or repair is required at a much greater expense. CAPTIAL ITEM CATEGORIES: Categories of capital items are as follows: 1. Required by law 2. Productivity enhancements 3. Health and safety items or projects 4. Infrastructure a. Maintenance b. Repair c. Modernization 5. Equipment a. Maintenance b. Repair c. Modernization These are not all-inclusive or represent any particular order of importance. EXPENDITURE GOAL In order to maintain and improve its infrastructure, facilities and equipment, the City should seek to make annual capital expenditures of at least 7.5 — 8 % of the General Fund Budget. CAPITAL ITEM A capital item is an asset that has a useful life of at least two years and a purchase price of at least $15,000. Items costing less than $15,000 each are to be included in the operating budget. TABLES Table 1 - Fiscal Year 2023 Capital Improvement Program Table 2 - Fiscal Year 2023-2027 Capital Improvement Program Table 3 - Projected Debt 2023-2027 TABLE I FISCAL YEAR 2023 CAPITAL IMPROVEMENT PROGRAM FY 2023 CAPITAL IMPROVEMENT PROGRAM FY 2023 OPERATING TOTAL BUDGET BOND OTHER ADMINISTRATION Administration Building Improvements/Renovations 25.0 25.0 Design New Bldg (a) Former Police Facility 1,000.0 1,000.0 20 Years Multi-Service Center Renovation 500.0 500.0 To Be Determined Renovation/Reuse former North Branch 1,100.0 1,100.0 To Be Determined Replace Carpets 45.0 45.0 Paint Hallway/Offices 50.0 50.0 Masonry & Metal Repairs by door entrances 40.0 40.0 5 Years Replace HVAC HAU-1 above council chambers 120.0 120.0 5 Years Ligthing Fixtures &Accessibility Issues 60.0 60.0 5 Years Roof Shingle Replacement/Roof Refurbishment 45.0 45.0 5 Years ADMINISTRATION SUBTOTAL 1 2,985.01 120.01 1,265.01 1,600.0 COMMUNITY DEVELOPMENT Monument Restoration & Replacement 15.0 15.0 Public Art 15.0 15.0 Commander's Mansion 30.0 30.0 COMMUNITY DEVELOPMENT SUBTOTAL 1 60.01 60.01 1 INFORMATION TECHNOLOGY Additional Equipment 10.0 10.0 Replacement of Equipment 115.0 115.0 IT Infrastructure Improvements 300.0 300.0 5 Years Permitting and Transparency Dashboards 100.0 100.0 5 Years Video Security and Access Control 100.0 100.0 5 Years Fiber Loop Build-out and Cabling 100.0 100.0 5 Years Document Scanning 100.0 100.0 5 Years INFORMATION TECHNOLOGY SUBTOTAL 1 825.01 125.01 700.01 0.01 FIRE DEPARTMENT ALS Ambulance Medical Equipment 40.0 40.0 Chief's, & staff vehicles (3) 60.0 60.0 Fire Building Improvements/Renovations 60.0 60.0 East End Fire Station HVAC/Plumbing 120.0 120.0 5 Years East End Fire Station Painting-Carpet-Lighting 115.0 115.0 5 Years Main Station- Interior Painting 50.0 50.0 5 Years North Station - Fencing 30.0 30.0 Page 1 of 5 FY 2023 CAPITAL IMPROVEMENT PROGRAM FY 2023 OPERATING TOTAL BUDGET BOND OTHER Headsets for Radios in Apparatus 26.0 26.0 FIRE DEPARTMENT SUBTOTAL 1 501-01 216.01 285.0 LIBRARY DEPARTMENT l Water infiltration Repairs Children's Room 125.0 125.0 5 Years Replace Boilers & Pumps 200.0 200.0 - 10 Years Design/Engineer Chiller& Roof Top Units 50.0 50.0 5 Years Building Renovations/Replacement of Equip 61.0 61.0 LIBRARY DEPARTMENT SUBTOTAL 436.0 1 61.0 1 375.0 j 1 POLICE DEPARTMENT Police Cruisers (3 annually) 179.1 179.1 Radio Infrastructure/specialized equipment 40.0 40.0 Police Building Improvements/Renovations 30.0 30.0 - POLICE SUBTOTAL 249.1 249.1 PUBIC WORKS DEPARTMENT lAdministration I Design of Roof Replacement 75.0 75.0 Roof Replacement 2,000.0 2,000.0 15 YEARS ADMINISTRATION SUBTOTAL 1 2,075.01 75.0j 2,000.01 1 Central Motors Inspectors' Vehicles 70.0 70.0 CENTRAL MOTORS SUBTOTAL 70.0 70.0 Highway HIGHWAY SUBTOTAL Snow & Ice Removal Plows, Sanders, Salt control units/Replacement 80.0 80.0 SNOW & ICE REMOVAL SUBTOTAL 1 80.01 80.01 1 1 Cemetery Off Road Utility Vehicle 4X4 2 30.0 30.0 5 Years CEMETERY SUBTOTAL 1 30.01 1 30.01 1 Page 2 of 5 FY 2023 CAPITAL IMPROVEMENT PROGRAM FY 2023 OPERATING TOTAL BUDGET BOND OTHER l Property/Building Boiler Replacement (2) 200.0 200.0 10 Years PROPERTY/BUILDING SUBTOTAL 1 200.01 1 200.01 1 1 Parks & Forestry l Gazebo at Saltonstall Park 150.0 150.0 10 Years Swap Loader 200.0 200.0 10 Years S PARKS & FORESTRY SUBTOTAL 1 350.01 1 350.01 1 RECREATION & PARKS Victor_( Field Phase III) Field House Addition 4,000.0 4,000.0 20 Years Resurface Basketball Courts/ Lowell & Saltonstall 50.0 50.0 Victory Field: Lacrosse Wall Ball 50.0 50.0 Howe PK: Design, Plygrd Equip, and resurface 100.0 100.0 Howe PK: Install Plygrd Equip, and resurface 500.0 500.0 5 Years JVictory Field Turf Replacement 1,500.0 1,500.0 10 Years RECREATION & PARKS SUBTOTAL 1 6,200.01 200.01 6,000.01 1 1 I SCHOOL DEPARTMENT IWATERTOWN MIDDLE SCHOOL Replace/update classroom furniture 25.0 25.0 Paint Hallways/Classrooms 40.0 40.0 Design Courtyard & Exterior Grounds Landscape 120.0 120.0 5 Years Renovate Courtyard & Exterior Grounds Landscape 275.0 275.0 5 Years HVAC (VRF) 1 st Floor 945.0 945.0 15 Years ReKey Doors & Update Locks 90.0 90.0 New Exterior Electronic Sign 50.0 50.0 Total for Middle School 1 1,545.00 1 205.01 1,340.00 1 1 IWATERTOWN HIGH SCHOOL Replace classroom furniture 25.0 25.0 Courtyard landscape 15.0 15.0 Total for High School 40.0 40.0 Page 3 of 5 FY 2023 CAPITAL IMPROVEMENT PROGRAM FY 2023 OPERATING TOTAL BUDGET BOND OTHER IPHILLIPS SCHOOL Furniture/Equipment/Furnishings - Phillips 15.0 15.0 113athroom Fixture Upgrades 60.0 60.0 To Be Determined lAccessability Improvements 75.0 75.0 To Be Determined lWindow Damages/Replacements 50.0 50.0 To Be Determined Fire Alarm Upgrades 20.0 20.0 To Be Determined Replace Boiler#1 300.0 300.0 To Be Determined Total for Phillips School 1 520.01 5.0 505.0 I DISTRICT j Update Food Service Equipment 30.0 30.0 Security System Enhancements 20.0 20.0 School Technology 100.0 100.0 School Appropriation Total for District 1 150.01 50.0� 100.01 ANEW HIGH SCHOOL PROJECT High School & Related Costs (Town) 75,000.0 75,000.0 20 Years High School & Related Costs (MSBA) 25,000.0 25,000.0 MSBA 20 Years TOTAL RENOV./RECONSTR. 100,000.0 75,000.0 25,000.0 PUBLIC BUILDINGS I Maintenance Division Furniture 15.0 15.0 Johnson Controls Re-Commissioning 50.0 50.0 PUBLIC BUILDINGS SUBTOTAL 1 65.01 65.01 1 1 SENIOR CENTER Roof Repairs/Replacement 150.0 150.0 15 Years Exterior Painting 50.0 50.0 5 Years Building Renovations desk,curtins, blinds 15.0 15.0 SENIOR CENTER SUBTOTAL 1 215.01 15.01 200.0 SKATING ARENA Building Renovations 30.0 30.0 Electric Ice Resurfacing Machine 150.0 150.0 10 Years Replacement of Stands ADA Compliance) 200.0 200.0 10 Years SKATING ARENA SUBTOTAL 1 380.01 30.01 350.0 Page 4of5 FY 2023 CAPITAL IMPROVEMENT PROGRAM FY 2023 OPERATING TOTAL BUDGET BOND OTHER STREETS & SIDEWALKS IMt. Auburn St.Corridor (Irving St-Coolidge Sq.- C;amhrirlgP line, 10,000.0 10,000.0 TIP Mt. Auburn St. &rridor Appraisils, Easements 2,600.0 2,600.0 5 Years Highway reconstruction (Chap 90) 373.0 373.0 Chap 90 Highway reconstruction (Tax Revenue) 614.5 614.5 Highway reconstruction (Bonds) 2,000.0 2,000.0 5 Years Highway reconstr.- Connector Roads/Longer Streets 1,500.0 1,500.0 5 Years Sidewalk reconstruction (Chap 90) 373.0 373.0 Chap 90 Sidewalk reconstruction (Tax Revenue) 614.5 614.5 Sidewalk reconstruction Bonds 500.0 500.0 5 Years STREETS & SIDEWALKS SUBTOTAL 18,575.0 1,229.0 6,600.0 10,746.0 GENERAL FUND CIP 135,551.1 2,905.1 94,695.0 37,951.0 Page 5 of 5 TABLE 2 FISCAL YEARS 2023-2027 CAPITAL IMPROVEMENT PROGRAM FY 2023- FY 2027 CIP General Fund 1 B E TOTALS FY 23 FYF G I J K 24 FY'25 FY'26 I FYL M 27 I 2 ADMINISTRATION 3 Administration Building Improvements/Renovations 125.0 25.0 TR 25.0 TR 25.0 TR I 25.0 TR I 25.0 TR 4 Design New Bldg @ Former Police Facility 1,000.0 1,000.0 BR 5 Build New Bldg @ Former Police Facility 7,000.0 1 7,000.0 BR 6 Multi-Service Center Renovation 500.0 500.0 TBD 7 Renovation/Reuse former North Branch 1,100.0 1,100.0 TBD 8 Replace Carpets 165.0 45.0 TR 45.0 TR I 75.0 TR 9 Paint Hallway/Offices 150.0 50.0 TR 50.0 TR I 50.0 TR 10 Masonry&Metal Repairs by door entrances 540.0 40.0 BR 500.0 BR 11 replace HVAC HAU-1 above council chambers 770.0 120.0 BR 650.0 BR 12 Ligthing Fixtures&Accessibility Issues 637.0 60.0 BR 577.0 BR 13 Roof Shingle Replacement/Roof Refurbishment 245.0 45.0 BR 1 200.0 BR 14 Add EV Stations 180.0 90.0 BR 90.0 BR 15 Replace Fan Coil Units&Air Handling Unit Ventilators 1,100.0 1,100.0 BR 16 Upgrade Fire Alarm System 120.0 20.0 BR 100.0 BR 17 Upgrade Fire Protection System 590.0 90.0 BR 500.0 BR 18 Upgrade Lighting 300.0 300.0 BR 19 ADMINISTRATION SUBTOTAL 14,522.0 2,985.0 9,137.0 1,450.0 925.0 25.0 20 21 COMMUNITY DEVELOPMENT 22 Monument Restoration&Replacement 75.0 15.0 TR 15.0 TR 15.0 TR 15.0 TR 15.0 TR 23 Public Art 75.0 15.0 TR 15.0 TR 15.0 TR 15.0 TR 15.0 TR 24 Commander's Mansion 150.0 30.0 TR 30.0 TR 30.0 TR 30.0 TR 30.0 TR 25 COMMUNITY DEVELOPMENT SUBTOTAL 300.0 60.0 60.0 60.0 60.0 60.0 26 27 INFORMATION TECHNOLOGY 28 Additional Equipment 50.0 10.0 TR 10.0 TR 10.0 TR 10.0 TR 10.0 TR 29 Replacement of Equipment 575.0 115.0 TR 115.0 TR 115.0 TR 115.0 TR 115.0 TR 30 IT Infrastructure Improvements 1,500.0 300.0 BE 300.0 BE 300.0 BE 300.0 BE 300.0 BE 31 Permitting and Transparency Dashboards 200.0 100.0 BE 100.0 BE 32 Video Security and Access Control 500.0 100.0 BE 100.0 BE 100.0 BE 100.0 BE 100.0 BE 33 Fiber Loop Build-out and Cabling 500.0 100.0 BE 100.0 BE 100.0 BE 100.0 BE 100.0 BE 34 Document Scanning 500.0 100.0 BE 100.0 BE 100.0 BE 100.0 BE 100.0 BE 35 MUNIS Financial System Enhancements 200.0 100.0 BE 100.0 BE 36 Public Wifi 1,000.0 500.0 BE 500.0 BE 37 INFORMATION TECHNOLOGY SUBTOTAL 5,025.0 825.0 925.0 1,325.0 1,225.01 1 725.0 38 Page 1 of 8 FY 2023- FY 2027 CIP General Fund B C D E F G H I J K L M 1 TOTALS FY'23 FY'24 FY'25 FY'26 FY'27 39 FIRE DEPARTMENT 40 ALS Ambulance Medical Equipment 200.0 40.0 TR 40.0 TR 40.0 TR 40.0 TR 40.0 TR 41 Chiefs,&staff vehicles(3) 180.0 60.0 TR 60.0 TR 60.0 TR 42 Fire Building Improvements/Renovations 300.0 60.0 TR 60.0 TR 1 60.0 TR I 60.0 TR 60.0 TR 43 East End Fire Station HVAC/Plumbing 120.0 120.0 BR 44 East End Fire Station Painting-Carpet-Lighting 115.0 115.0 BR 45 Main Station-Interior Painting 50.0 50.0 BR 46 North Station-Fencing 30.0 30.0 TR 47 Headsets for Radios in Apparatus 26.0 26.0 TR 48 Main Station-Concrete Coating Apparatus Floor 85.0 85.0 BR 49 Main Station Interior Repairs 50.0 50.0 BR 50 Main Station Emergency Generator Replacement 90.0 90.0 BE 51 Main Station Kitchen Ductwork 50.0 50.0 BR 52 North Station-Site Paving 30.0 30.0 TR 53 Mobil Data Terminals for Apparatus 41.0 41.0 TR 54 Station Alerting System 105.0 105.01 BE 55 Main&North Stations Apparatus Doors 65.0 65.0 BR 56 DOT Type III Emergency Ambulance Vehicle 450.0 450.0 BE 57 Engine Truck, replacement for 2011 Engine 1 785.0 785.0 BE 58 Incident Command Vehicle(Deputy Chief) 75.0 7'5.d TR 59 Firefighters Protective Outer Gear 380.0 380.0 BE 60 East End Station Replacement 5,000.0 5,000.0 BR 61 Main Station HVAC Replacement 60.0 60.0 TR 62 Engine Truck, replacement for 2013 Engine 3 905.0 905.0 BE 63 FIRE DEPARTMENT SUBTOTAL 1 9,192.01 501.0 551.0 1,460.0 5,555.01 1 1,125.0 64 65 LIBRARY 66 Water infiltration Repairs Children's Room 125.0 125.0 BR 67 Replace Boilers&Pumps 200.0 200.0 BR 68 Design/Engineer Chiller&Roof Top Units 50.0 50.0 BR 69 Replace Chiller 200.0 200.0 BR 70 Replace Roof Top Units/Compressors 416.3 416.3 BR 71 Repair/Replace Roof 300.0 300.0 BR 72 Feasability Study for Library Expansion 100.0 100.0 BR 73 Painting 160.0 40.0 TR I 40.0 TR 40.0 TR 40.0 TR 74 Building Renovations/Replacement of Equip 305.01 61.0 TR 61.0 TR I 61.0 TR 61.0 TR 61.0 TR 75 LIBRARY DEPARTMENT SUBTOTAL 1 1,856.31 436.0 717.31 1 101.01 501.0 101.0 76 Page 2 of 8 FY 2023- FY 2027 CIP General Fund B C D E F G H I J K L M 1 TOTALS FY'23 FY'24 FY'25 FY'26 FY'27 77 POLICE DEPARTMENT 78 Police Cruisers(3 annually) 979.1 179.1 TR 188.0 TR 197.4 TR 207.3 TR 207.3 TR 79 Radio Infrastructure/specialized equipment 200.0 40.0 TR 40.0 TR 40.0 TR 40.0 TR 40.0 TR 80 Police Building Improvements/Renovations 150.0 30.0 TR 30.0 TR 30.0 TR 30.0 TR 30.0 TR 81 In Cruiser Video System 72.6 72.6 BE 82 Replace Access Control/Bldg Video Syst.Servers 35.0 35.0 BE 83 Replace Tactical Bullet Proof Vests 12.9 12.9 TR 84 Replace Computer Aided Dispatch-Records Mgmt 950.0 1 1 950.0 BE 85 POLICE SUBTOTAL 1 2,399.61 249.1 365.61 1 267.41 290.21 1 1,227.3 86 87 PUBLIC WORKS DEPARTMENT 88 Administration 89 Design of Roof Replacement 75.0 75.0 TR 90 Roof Replacement 4,000.0 2,000.0 BR 2,000.0 BR 91 Solar Canopy DPW Parking Lots 1,250.0 1,250.0 BR 92 ADMINISTRATION SUBTOTAL 5,325.0 2,075.0 1,250.0 2,000.0 0.0 0.0 93 94 Central Motors 95 Inspectors' Vehicles 350.0 70.0 TR 70.0 TR 70.0 TR 70.0 TR 70.0 TR 96 Supervisor Vehicle 50.0 1 50.0 1 BE 97 CENTRAL MOTORS SUBTOTAL 400.0 70.0 70.0 70.0 120.0 70.0 98 99 Highway 1 100 Skid Steer 65.0 65.0 BE 1 101 Rack Truck 150.0 150.0 BE 1 102 Crew Truck 180.0 180.0 BE 1 103 Heavy Duty Dump Truck 230.0 230.0 BE 104 Electric Street Sweeper 600.0 600.0 BE 105 HIGHWAY SUBTOTAL 1,225.0 - 330.0 65.0 - 830.0 106 107 Snow&Ice Removal 108 Plows,Sanders,Salt control units/Replacement 400.0 80.0 TR 80.0 TR 80.0 TR 80.0 TR 80.0 TR 1 109 Salter 6 Wheeler-Snow Fighter(5) 620.0 300.0 BE 320.0 BE 1 110 Loader 3/4 Yard 107.0 107.0 BE 111 Sidewalk Tractor 200.0 200.0 BE 112 SNOW &ICE REMOVAL SUBTOTAL 1,327.0 80.0 380.0 187.0 400.0 280.0 113 1 114 Cemetery 115 Off Road Utility Vehicle 4X4 (2) 60.01 30.0 1 BE 1 30.0 1 BE 116 CEMETERY SUBTOTAL 60.0 30.0 1 1 - 30.0 - - Page 3 of 8 FY 2023- FY 2027 CIP General Fund B C D E F G H I J K L M 1 TOTALS FY'23 FY'24 FY'25 FY'26 FY'27 1117 1 118 Property/Building 1 119 Boiler Replacement(2) 200.0 200.0 BR 1 120 Heavy Duty 4x4 Forklift(Lull) 100.0 100.0 BE 121 Rough Terrain Forklift 95.0 95.0 BE 122 PROPERTY/BUILDING SUBTOTAL 395.0 200.0 100.0 - 95.0 - 123 1124 Parks& Forestry 1 125 Gazebo at Saltonstall Park 150.0 150.0 BR 1 126 Swap Loader 200.0 200.0 BE 1 127 Tree Chipper 75.0 75.0 BE 1 128 Utility Truck 65.0 65.0 BE 1 129 Farm Tractor 80.0 80.0 BE 1 130 Backhoe 140.0 140.0 BE 131 4x4 Landscape Dump Truck 160.0 160.0 BE 132 PARKS&FORESTRY SUBTOTAL 870.0 350.0 140.0 - - 380.0 133 134 TOTAL DPW-TR 825.0 225.0 TR 150.0 TR 150.0 TR 150.0 TR 150.0 TR 1 135 TOTAL DPW- BE 3,177.0 230.0 BE 870.0 BE 202.0 BE 465.0 BE 1,410.0 BE 136 TOTAL DPW- BR 5,600.0 2,350.0 BR 1,250.0 BR 2,000.0 BR 0.0 BR 0.0 BR 137 PUBLIC WORKS SUBTOTAL 9,602.01 2,805.0 2,270.0 2,352.0 615.0 1,560.0 138 1 139 RECREATION &PARKS 1 140 Tot Lot/Court Resurfacing as needed 550.0 100.0 TR 1 150.0 TR I 150.0 TR I 150.0 TR 1 141 Victory Field (Phase III)Field House Addition 4,000.0 4,000.0 BR 1 142 Fillippello Park(Grove)Batting Tunnel 0.0 0.0 TR 1 143 Resurface Basketball Courts/Lowell&Saltonstall 50.0 50.0 TR 1 144 Victory Field: Lacrosse Wall Ball 50.0 50.0 TR 1 145 Howe PK: Design, Plygrd Equip,and resurface 100.0 100.0 TR 1 146 Howe PK:Install Plygrd Equip,and resurface 500.0 500.0 BR 1 147 Victory Field Turf Replacement 1,500.0 1,500.0 BR 1 148 Bemis: Design, Plygrd Equip,new surf.&spray park 125.0 125.0 TR 1 149 Bemis:Install Plygrd Equip, new surf.&spray park 800.0 800.0 BR 1 150 Special Needs baseball/softball diamond 600.0 600.0 BR 1 151 Filippello(Grove)Design, plygrnd equip and resurface 100.0 100.0 TR 1 152 Filippello(Grove)Install plygrnd equip and resurface 600.0 600.0 BR 1 153 Lowell Design Playground Equip&resurface 100.0 100.0 TR 1 154 Lowell Install Playground Equip.& resurface 600.0 600.0 BR 1 155 Filippello(Arlington)Design,plygrnd equip&resurface 100.0 100.0 TR 156 Filippello(Arlington)Install plygrnd equip&resurface 700.0 700.0 BR 157 RECREATION &PARKS SUBTOTAL 1 10,475.0 6,200.0 1,625.0 850.0 850.0 950.0 Page 4 of 8 FY 2023- FY 2027 CIP General Fund B C D E F G H I J K L M 1 TOTALS FY'23 FY'24 FY'25 FY'26 FY'27 1158 1 159 SCHOOL DEPARTMENT 1 160 CUNNIFF SCHOOL 1 161 Replace classroom furniture 60.0 15.0 JTR 15.0 TR 15.0 TR 15.0 TR 1 162 Total for Cunniff 60.0 0.0 15.0 15.0 15.0 15.0 1163 1 164 HOSMER SCHOOL 1 165 Update building furniture 100.0 25.0 TR 25.0 TR 25.0 TR 25.0 TR 1 166 Total for Hosmer 100.0 0.0 25.0 25.0 25.0 25.0 1167 1 168 LOWELL SCHOOL 1 169 Replace and update classroom furniture 60.0 20.0 TR 20.0 TR 20.0 TR 1170 � Total for Lowell 60.0 0.0 0.0 20.0 20.0 20.0 1171 1 172 WATERTOWN MIDDLE SCHOOL 173 Replace/update classroom furniture 125.0 25.0 TR 25.0 TR 25.0 TR 25.0 TR 25.0 TR 174 Paint Hallways/Classrooms 200.0 40.0 TR 40.0 TR 40.0 TR 40.0 TR 40.0 TR 175 Remodel Bathrooms(8 baths) 120.0 120.0 BR 1 176 Design Courtyard&Exterior Grounds Landscape 120.01 120.0 BR 1 177 Renovate Courtyard&Exterior Grounds Landscape 275.0 275.0 BR 1 178 HVAC(VRF)1 st Floor 945.0 945.0 BR 1 179 Renovate Bemis entrance 125.0 15.0 TR 110.0 BR 1 180 Roofing Refurbishing 550.0 50.0 TR 500.0 BR 1 181 Library Furniture 60.0 60.0 TR 1 182 ReKey Doors&Update Locks 90.0 90.0 TR 1 183 New Exterior Electronic Sign 50.0` 50.0 TR 1 184 HVAC(VRF)Basement 472.0 72.0 BR 400.0 BR 1 185 Carpeting Damage(Various Areas) 80.0 40.0 TR 40.0 TR 1 186 Replace Auditorium/Gym HVAC Units 600.0 600.0 BR 1 187 Relocate Nurses Office 110.0 10.0 TR 100.0 BR 1 188 Building Envelope Repairs/Masonry Pointing 250.0 250.0 BR 1189 Total for Middle School 1 4,172.01 1,545.0 242.0 1,265.0 765.0 355.0 1190 1 191 WATERTOWN HIGH SCHOOL 192 Replace classroom furniture 125.0 25.0 TR 25.0 TR 25.0 TR 25.0 TR 25.0 TR 193 Courtyard landscape 75.0 15.0 TR 15.0 TR 15.0 TR 15.0 TR 15.0 TR 194 E Total for High School 200.0 40.0 40.0 40.0 40.0 40.0 195 1 196 PHILLIPS SCHOOL 197 Furniture/Equipment/Furnishings-Phillips 75.0 15.0 TR 15.0 TR 15.0 TR 15.0 TR 15.0 TR 198 Bathroom Fixture Upgrades 300.0 60.0 STBD 60.0 STBD 60.0 STBD 60.0 STBD 60.0 STBD 1 199 Accessability Improvements 825.0 75.0 STBD 500.0 STBD 250.0 STBD 1200 Window Damages/Replacements 150.0 50.0 STBD 50.0 STBD 50.0 STBD 1201 Fire Alarm Upgrades 220.0 20.0 STBD 200.0 STBD 1202 Replace Boiler#1 300.0 300.0 STBD 1203 Repave Parking Lots 90.0 90.0 STBD Page 5 of 8 FY 2023- FY 2027 CIP General Fund B C D E F G H I J K L M 1 TOTALS FY'23 FY'24 FY'25 FY'26 FY'27 1204 ReKey Doors 15.0 15.0 STBD 1205 Roof Repairs 75.0 75.0 STBD 1206 Upgrade Fire Protection 500.0 500.0 STBD 207 Upgrade Emergency Lighting 50.0 50.0 STBD 208 Total for Phillips School 2,600.0 520.0 930.0 375.0 700.0 75.0 209 210 DISTRICT 211 Update Food Service Equipment 150.0 30.0 TR 30.0 TR 30.0 TR 30.0 TR 30.0 TR 1 212 Security System Enhancements 40.0 20.0 TR 20.0 TR 213 School Technology 500.0 100.0 SA 1 100.0 SA 100.0 SA I 100.0 SA I 100.0 SA 214 Total for District 690.0 150.0 130.0 130.0 150.0 130.0 215 1216 NEW HIGH SCHOOL PROJECT 1217 Hiqh School &Related Costs(Town) 150,000.0 75,000.0 BR 75,000.0 BR 1218 Hiqh School &Related Costs(MSBA) 50,000.0 25,000.0 MSBA 25,000.0 MSBA 219 TOTAL RENOV./RECONSTR. 200,000.0 100,000.0 100,000.0 0.0 0.0 0.0 220 221 SCHOOL DEPARTMENT TOTALS 222 Total School Technology-SA 500.0 100.0 SA 100.0 SA 100.0 SA 100.0 SA 100.0 SA 1223 Total Various School Improvements-TR 1,365.0 310.0 TR 295.0 TR 280.0 TR 230.0 TR 250.0 TR 1224 Total Various School Improvements-STBD 2,525.0 505.0 STBD 915.0 STBD 360.0 STBD 1 685.0 STBD 60.0 STBD 1225 Total Various School Improvements- MSBA 50,000.0 25,000.0 MSBA 25,000.0 MSBA 0.0 MSBA 0.0 MSBA 0.0 MSBA 1226 Total Various School Improvements-DE 0.0 0.0 DE 0.0 DE 0.0 DE 0.0 DE 0.0 DE 1227 Total Various School Improvements- BE 0.0 0.0 BE 0.0 BE 0.0 BE 0.0 BE 0.0 BE 228 Total Various School Improvements- BR 153,492.0 76,340.0 BR 75,072.0 BR 1,130.0 BR 700.0 BR 250.0 BR 229 SCHOOL DEPARTMENT SUBTOTAL 207,882.0 102,255.01 101,382.0 1,870.0 1,715.0 660.0 1230 1231 PUBLIC BUILDINGS 1 232 Replace Maintenance Vehicles 50.0 50.0 ITR 1 233 Sidewalk snowblower/cabs 180.0 60.0 BE 60.0 BE 60.0 BE 1 234 Maintenance Division Furniture 30.0 15.0 ITR 15.0 TR 1 235 Maintenance Division Move 50.0 50.0 BR 1 236 Pick Up Truck with Plow 60.0 1 60.0 BE 1 237 Johnson Controls Re-Commissioning 50.0 50.0 ITR 1 238 Equipment Inventory 150.0 1 1 150.0 BE 239 PUBLIC BUILDINGS SUBTOTAL 570.0 65.01 1 260.0 �_l 7-0.0 75.01 1 0.0 Page 6 of 8 FY 2023- FY 2027 CIP General Fund B C D E F G H I J K L M 1 TOTALS FY'23 FY'24 FY'25 FY'26 FY'27 1240 1241 SENIOR CENTER 1 242 Design Canopy&walkway 10.0 10.0 TR 1 243 Re-Build Canopy&walkway w/exterior lighting 50.0 50.0 BR 1 244 Upgrade Fire Alarm System 220.0 20.0 BR 200.0 JBR 1 245 Roof Repairs/Replacement 150.0 150.0 BR 1 246 Exterior Painting 50.0 50.0 BR 1247 Design Back Porch/walkway 10.0 10.0 TR 1 248 Repair/Enhance back porch/walkway 50.0 50.0 BR 1 249 Paint Hallway/Offices/Meeting Rooms 60.0 30.0 TR 30.0 ITR 250 Building Renovation(desk,curtains,blinds) 75.01 15.0 TR 15.0 TR 15.0 TR 15.0 TR 15.0 TR 251 SENIOR CENTER SUBTOTAL 675.01 215.0 125.0 245.0 75.0 15.0 252 253 SKATING ARENA 254 Building Renovations 150.0 30.0 TR 30.0 TR 30.0 TR 30.0 TR 30.0 TR 1255 Rebuild of Compressors 20.0 20.0 BR 1 256 Electric Ice Resurfacing Machine 150.0 150.0 BE 1257 Electrical Panel Upqrades 21.0 21.0 BR 1258 Upgrade of Internal Lighting to LED 30.0 30.0 BR 1 259 Replacement of Stands (ADA Compliance) 200.0 200.0 BR 1 260 Energy Management System 42.0 42.0 BE 1 261 Enclosure of outside walls 30.0 30.0 BR 262 Replace Boilers 50.0 50.0 BR 263 SKATING ARENA SUBTOTAL 693.0 380.0 101.0 152.0 30.0 30.0 264 1265 STREETS &SIDEWALKS Mt.Auburn St.Corridor(Irving St-Coolidge Sq.- 266 Cambridge line) 30,000.0 10,000.0 TIP 10,000.0 TIP 10,000.0 TIP 1 267 Mt.Auburn St. Corridor Appraisils, Easements 2,600.0 2,600.0 STB 1 268 Highway reconstruction(Chap 90) 1,865.0 373.0 C9 373.0 C9 373.0 C9 373.0 C9 373.0 C9 1 269 Highway reconstruction(Tax Revenue) 3,360.0 614.5 TR 645.2 TR 677.5 TR 711.4 TR 711.4 TR 1270 Highway reconstruction(Bonds) 11,000.0 2,000.0 STB 1 2,100.0 STB 2,200.0 STB 2,300.0 STB 2,400.0 STB 1271 Highwayreconstr.-ConnectorRoads/Longer Streets 8,250.0 1,500.0 STB 1,575.0 STB 1,650.0 STB 1,725.0 STB 1,800.0 STB 272 Highway reconstruction(Future Bonds) 34,762.2 34,762.2 FSB 273 Sidewalk reconstruction(Chap 90) 1,865.0 373.0 C9 373.0 C9 373.0 C9 373.0 C9 373.0 C9 1 274 Sidewalk reconstruction(Tax Revenue) 3,360.0 614.5 TR 645.2 TR 677.5 TR 711.4 TR 711.4 TR 1 275 Underground Duct for Utilities 600.0 300.0 BR 300.0 BR 1276 Sidewalk reconstruction(Bonds) 2,750.0 500.0 SWB 525.0 SWB 550.0 SWB 575.0 SWB 600.0 SWB 277 Sidewalk reconstruction(Future Bonds) 13,673.6 13,673.6 FSB 278 STREETS &SIDEWALKS SUBTOTAL 114,085.8 18,575.0 16,536.4 16,501.0 7,068.8 55,404.E 279 1280 GENERAL FUND CIP 377,277.7 135,551.1 134,055.31 26,803.41 18,985.0 61,882.9 Page 7 of 8 FY 2023- FY 2027 CIP General Fund B C D E F G H I J K L M 1 TOTALS FY'23 FY'24 FY'25 FY'26 FY'27 1281 1282 COSTS BY SOURCE OF FUNDS 283 GENERAL OBLIGATION BONDS 284 ( EQUIPMENT) 11,931.6 1,080.0 2,182.6 2,799.0 2,005.0 3,865.0 285 ( REMODELING ) 189,321.3 87,015.0 87,981.3 5,425.0 7,950.0 950.0 286 ( STREET) 21,850.0 6,100.0 3,675.0 3,850.0 4,025.0 4,200.0 287 (SIDEWALK) 2,750.0 500.0 525.0 550.0 575.0 600.0 288 SUBTOTAL GENERAL OBLIGATION BONDS 225,852.9 94,695.0 94,363.9 12,624.0 14,555.0 9,615.0 289 290 CHAPTER 90 FUNDS 3,730.0 746.0 746.0 746.0 746.0 746.0 291 FUTURE STREET&SIDEWALK BONDS 48,435.8 0.0 0.0 0.0 0.0 48,435.8 292 SCHOOL BUILDING ASSISTANCE 50,000.0 25,000.0 25,000.0 0.0 0.0 0.0 293 SCHOOL RENO/NEW- DEBT EXCLUSION 0.0 0.0 0.0 0.0 0.0 0.0 294 SCHOOL TO BE DETERMINED 2,525.0 505.0 915.0 360.0 685.0 60.0 1295 TAX REVENUE 14,634.0 2,905.1 2930.4 2,973.4 2,899.0 2,926.1 296 SCHOOL APPROPRIATION 500.0 100.0 �00.01 100.0 100.0 100.0 297 TRANSPORTATION IMPROVEMENT PROG. 30,000.0 10,000.0 10,000.0 10,000.0 0.0 0.0 298 TO BE DETERMINED 1,600.0 1,600.0 0.0 0.0 0.0 0.0 299 SUBTOTAL OTHER 151,424.8 40,856.1 39,691.4 14,179.4 4,430.0 52,267.9 300 GRAND TOTAL 377,277.7 135,551.1 134,055.3 26,803.4 18,985.0 61,882.9 Page 8 of 8 TABLE 3 FISCAL YEARS 2023-2027 PROJECTED DEBT FY2023-2027 CIP GENERAL FUND DEBT PROJECTION 1 A I B I FY'23 I FY'24 I FY'25 I FY'26 I FY'27 2 PERMANENT DEBT 3 FY09 Bond (Jul 08) 4 Prin (15,650,000) 500,000 500,000 500,000 500,000 500,000 5 L/T Int 145,000 123,750 102,188 80,000 57,500 6 Subtotal 645,000 623,750 602,188 580,000 557,500 7 8 FY10 Bond (Feb 10) 9 Prin (5,452,000) 270,000 270,000 245,000 210,000 210,000 10 L/T Int 69,300 59,850 50,401 41,213 33,600 11 Subtotal 339,300 329,850 295,401 251,213 243,600 12 13 FY12 Bond (June 12) 14 Prin (3,722,000) 125,000 125,000 125,000 125,000 125,000 15 L/T Int 16,563 13,906 11,250 7,500 3,750 16 Subtotal 141,563 138,906 136,250 132,500 128,750 17 18 FY 14 Bond (Nov 13) 19 Prin (6,000,000) ESCO 280,000 285,000 295,000 305,000 310,000 20 L/T Int 112,488 105,488 97,650 88,800 79,650 21 Subtotal 392,488 390,488 392,650 393,800 389,650 22 23 FY 12 Bond (May 2014) 24 Prin (1,088,000)Victory Field 85,000 80,000 80,000 80,000 80,000 25 L/T Int 11,725 7,600 4,600 2,600 800 26 Subtotal 96,725 87,600 84,600 82,600 80,800 27 28 FY 13 Bond (May 2014) 29 Prin (1,350,000) ESCO 90,000 90,000 90,000 90,000 90,000 30 L/T Int 18,450 13,950 10,575 8,325 6,300 31 Subtotal 108,450 103,950 100,575 98,325 96,300 32 33 FY 13 Bond (May 2014) 34 Prin (207,000)Various School Buildings 15,000 15,000 10,000 10,000 10,000 35 L/T Int 2,275 1,525 1,025 775 550 36 Subtotal 17,275 16,525 11,025 10,775 10,550 37 38 39 FY 13 Bond (May 2014) Page 1 of 12 FY2023-2027 CIP GENERAL FUND DEBT PROJECTION 1 A I B I FY'23 I FY'24 I FY'25 I FY'26 I FY'27 40 Prin (370,000) Casey Park 25,000 25,000 25,000 25,000 25,000 41 L/T Int 4,975 3,725 2,788 2,163 1,600 42 Subtotal 29,975 28,725 27,788 27,163 26,600 43 44 FY 14 Refunding Bond Issue (May 2014) 45 Prin (7,933,000) 680,000 680,000 670,000 - - 46 L/T Int 67,750 33,750 8,375 - - 47 Subtotal 747,750 713,750 678,375 - - 48 49 FY 16 Bond (April 2016) 50 Prin (1,206,500) Various Equipment&Vehicles 45,000 40,000 40,000 - - 51 L/T Int 3,750 2,400 1,200 - - 52 Subtotal 48,750 42,400 41,200 - - 53 54 FY 16 Bond (April 2016) 55 Prin (913,600) Various Municipal Buildings 100,000 100,000 100,000 - - 56 L/T Int 9,000 6,000 3,000 - - 57 Subtotal 109,000 106,000 103,000 - - 58 59 FY 18 Bond (January 2018) 60 Prin (1,793,000) Various Equipment&Vehicles 195,000 135,000 120,000 120,000 115,000 61 L/T Int 36,500 28,700 23,300 18,500 13,700 62 Subtotal 231,500 163,700 143,300 138,500 128,700 63 64 FY 18 Bond (January 2018) 65 Prin (1,327,200) Various Municipal Buildings 90,000 75,000 75,000 75,000 75,000 66 L/T Int 29,700 26,100 23,100 20,100 17,100 67 Subtotal 119,700 101,100 98,100 95,100 92,100 68 69 FY 18 Bond (January 2018) 70 Prin (4,034,800) Street and Sidewalks 85,000 85,000 85,000 85,000 80,000 71 L/T Int 16,800 13,400 10,000 6,600 3,200 72 Subtotal 101,800 98,400 95,000 91,600 83,200 73 74 75 76 FY 19 Bond (June 2019) 77 Prin (1,078,500) Elementary School Design/Constr. 215,000 215,000 - - - Page 2 of 12 FY2023-2027 CIP GENERAL FUND DEBT PROJECTION 1 A I B I FY'23 I FY'24 I FY'25 I FY'26 I FY'27 78 L/T Int 21,500 10,750 - - - 79 Subtotal 236,500 225,750 - - - 80 81 FY 19 Bond (June 2019) 82 Prin (247,500) Middle School Girls Locker Rooms 25,000 25,000 25,000 25,000 25,000 83 L/T Int 8,500 7,250 6,000 4,750 3,500 84 Subtotal 33,500 32,250 31,000 29,750 28,500 85 86 FY 19 Bond (June 2019) 87 Prin (837,500) Street and Sidewalks 165,000 165,000 - - - 88 L/T Int 16,500 8,250 - - - 89 Subtotal 181,500 173,250 - - - 90 91 FY 19 Bond (June 2019) 92 Prin (908,000) Filippello Park 90,000 90,000 90,000 90,000 90,000 93 L/T Int 31,500 27,000 22,500 18,000 13,500 94 Subtotal 121,500 117,000 112,500 108,000 103,500 95 96 FY 19 Bond (June 2019) 97 Prin (1,443,500) Various Equipment&Vehicles 155,000 145,000 125,000 125,000 120,000 98 L/T Int 44,750 37,000 29,750 23,500 17,250 99 Subtotal 199,750 182,000 154,750 148,500 137,250 100 101 FY 20 Bond (June 2020) 102 Prin (3,223,467) Cunniff Elementary Design 165,000 165,000 160,000 160,000 160,000 103 L/T Int 102,100 93,850 85,600 77,600 69,600 104 Subtotal 267,100 258,850 245,600 237,600 229,600 105 106 FY 20 Bond (June 2020) 107 Prin (5,729,088) Hosmer Elementary Design 290,000 290,000 290,000 285,000 285,000 108 L/T Int 181,725 167,225 152,725 138,225 123,975 109 Subtotal 471,725 457,225 442,725 423,225 408,975 110 111 112 113 FY 20 Bond (June 2020) 114 Prin (1,122,445) Hosmer Elementary OPM 60,000 60,000 55,000 55,000 55,000 115 L/T Int 35,425 32,425 29,425 26,675 23,925 Page 3 of 12 FY2023-2027 CIP GENERAL FUND DEBT PROJECTION 1 A I B I FY'23 I FY'24 I FY'25 I FY'26 I FY'27 116 Subtotal 95,425 92,425 84,425 81,675 78,925 117 118 FY 20 Bond (June 2020) 119 Prin (245,000) Middle School Men's Lockerroom 25,000 25,000 25,000 25,000 25,000 120 L/T Int 9,500 8,250 7,000 5,750 4,500 121 Subtotal 34,500 33,250 32,000 30,750 29,500 122 123 FY 20 Bond (June 2020) 124 Prin (529,625) Street/Sidewalk Renovations 105,000 105,000 105,000 - - 125 L/T Int 15,750 10,500 5,250 - - 126 Subtotal 120,750 115,500 110,250 - - 127 128 FY 20 Bond (June 2020) 129 Prin (2,500,000) Street/Sidewalk Renovations 500,000 500,000 500,000 - - 130 L/T Int 75,000 50,000 25,000 - - 131 Subtotal 575,000 550,000 525,000 - - 132 133 FY 20 Bond (June 2020) 134 Prin (1,100,000) Ladder Truck 75,000 75,000 75,000 75,000 75,000 135 L/T Int 39,100 35,350 31,600 27,850 24,100 136 Subtotal 114,100 110,350 106,600 102,850 99,100 137 138 FY 20 Bond (June 2020) 139 Prin (1,175,375) Filippello Lights &Scoreboard 120,000 120,000 120,000 115,000 115,000 140 L/T Int 46,750 40,750 34,750 28,750 23,000 141 Subtotal 166,750 160,750 154,750 143,750 138,000 142 143 FY 21 Bond (January 2021) 144 Prin (52,145,000) 3 Elementary School Project 2,610,000 2,610,000 2,610,000 2,610,000 2,610,000 145 L/T Int 1,695,250 1,564,750 1,434,250 1,303,750 1,173,250 146 Subtotal 4,305,250 4,174,750 4,044,250 3,913,750 3,783,250 147 148 149 150 FY 21 Bond (April 2021) 151 Prin (1,771,000) Public Safety Radio Infrastrucuture 180,000 180,000 180,000 180,000 175,000 152 L/T Int 74,300 65,300 56,300 47,300 38,300 153 Subtotal 254,300 245,300 236,300 227,300 213,300 Page 4 of 12 FY2023-2027 CIP GENERAL FUND DEBT PROJECTION 1 A I B I FY'23 I FY'24 I FY'25 I FY'26 I FY'27 154 155 FY 21 Bond (April 2021) 156 Prin (355,000) Fire Ambulance 70,000 70,000 70,000 70,000 - 157 L/T Int 14,000 10,500 7,000 3,500 - 158 Subtotal 84,000 80,500 77,000 73,500 - 159 160 FY 21 Bond (April 2021) 161 Prin (188,000) Admin. Bldg Elevator 40,000 35,000 35,000 35,000 - 162 L/T Int 7,250 5,250 3,500 1,750 - 163 Subtotal 47,250 40,250 38,500 36,750 - 164 165 FY 21 Bond (April 2021) 166 Prin (1,469,800) Middle Sch. Boilers & HVAC Cafeteria 150,000 150,000 150,000 145,000 145,000 167 L/T Int 61,450 53,950 46,450 38,950 31,700 168 Subtotal 211,450 203,950 196,450 183,950 176,700 169 170 FY 21 Bond (April 2021) 171 Prin (1,200,000) Streets &Sidewalks 240,000 240,000 240,000 240,000 - 172 L/T Int 48,000 36,000 24,000 12,000 - 173 Subtotal 288,000 276,000 264,000 252,000 - 174 175 FY 21 Bond (April 2021) 176 Prin (34,106,200) 3 Elem School Bldg 1,705,000 1,705,000 1,705,000 1,705,000 1,705,000 177 L/T Int 1,074,150 988,900 903,650 818,400 733,150 178 Subtotal 2,779,150 2,693,900 2,608,650 2,523,400 2,438,150 179 180 FY 22 Bond (April 2022) 181 Prin (243,000) Highway Dump Truck 55,000 GVW 28,000 25,000 25,000 25,000 25,000 182 L/T Int 11,745 10,750 9,500 8,250 7,000 183 Subtotal 39,745 35,750 34,500 33,250 32,000 184 185 186 187 FY 22 Bond (April 2022) 188 Prin (265,000) Snow& Ice Combo Body 6-wheeler 30,000 30,000 30,000 25,000 25,000 189 L/T Int 12,808 11,750 10,250 8,750 7,500 190 Subtotal 42,808 41,750 40,250 33,750 32,500 191 Page 5 of 12 FY2023-2027 CIP GENERAL FUND DEBT PROJECTION 1 A I B I FY'23 I FY'24 I FY'25 I FY'26 I FY'27 192 FY 22 Bond (April 2022) 193 Prin (85,000) Highway Serice Flat Bed 10,000 10,000 10,000 10,000 10,000 194 L/T Int 4,108 3,750 3,250 2,750 2,250 195 Subtotal 14,108 13,750 13,250 12,750 12,250 196 197 FY 22 Bond (April 2022) 198 Prin (120,000) Prop & Bldg Sign Truck 25,000 25,000 25,000 25,000 20,000 199 L/T Int 5,800 4,750 3,500 2,250 1,000 200 Subtotal 30,800 29,750 28,500 27,250 21,000 201 202 FY 22 Bond (April 2022) 203 Prin (85,000) Highway Street Vactor 10,000 10,000 10,000 10,000 10,000 204 L/T Int 4,108 3,750 3,250 2,750 2,250 205 Subtotal 14,108 13,750 13,250 12,750 12,250 206 207 FY 22 Bond (April 2022) 208 Prin (280,000) Snoe & Ice Salter 6-wheeler 30,000 30,000 30,000 30,000 30,000 209 L/T Int 13,533 12,500 11,000 9,500 8,000 210 Subtotal 43,533 42,500 41,000 39,500 38,000 211 212 FY 22 Bond (April 2022) 213 Prin (300,000) Snow& Ice Loader 30,000 30,000 30,000 30,000 30,000 214 L/T Int 14,500 13,500 12,000 10,500 9,000 215 Subtotal 44,500 43,500 42,000 40,500 39,000 216 217 FY 22 Bond (April 2022) 218 Prin (250,000) Street Sweeper 25,000 25,000 25,000 25,000 25,000 219 L/T Int 12,083 11,250 10,000 8,750 7,500 220 Subtotal 37,083 36,250 35,000 33,750 32,500 221 222 223 224 FY 22 Bond (April 2022) 225 Prin (775,674)Hwy Conn/Throughways Waverly 155,674 155,000 155,000 155,000 155,000 226 L/T Int 37,491 31,000 23,250 15,500 7,750 227 Subtotal 193,165 186,000 178,250 170,500 162,750 228 229 FY 22 Bond (April 2022) Page 6 of 12 FY2023-2027 CIP GENERAL FUND DEBT PROJECTION 1 A I B I FY'23 I FY'24 I FY'25 I FY'26 I FY'27 230 Prin (423,826)AdminBldg: Replace Chiller 28,826 25,000 25,000 25,000 20,000 231 L/T Int 17,827 17,000 15,750 14,500 13,250 232 Subtotal 46,653 42,000 40,750 39,500 33,250 233 234 FY 22 Bond (April 2022) 235 Prin (1,250,000) Fire Ladder truck 85,000 85,000 85,000 85,000 85,000 236 L/T Int 56,067 53,750 49,500 45,250 41,000 237 Subtotal 141,067 138,750 134,500 130,250 126,000 238 239 FY 22 Bond (April 2022) 240 Prin (2,376,000) Public Safty Radio Inf. Phase 2 241,000 240,000 240,000 240,000 240,000 241 L/T Int 114,840 106,750 94,750 82,750 70,750 242 Subtotal 355,840 346,750 334,750 322,750 310,750 243 244 FY 22 Bond (April 2022) 245 Prin (110,000) DPW BId Sidewalks & Parking Lot 15,000 15,000 10,000 10,000 10,000 246 L/T Int 5,317 4,750 4,000 3,500 3,000 247 Subtotal 20,317 19,750 14,000 13,500 13,000 248 249 FY 22 Bond (April 2022) 250 Prin (300,000) Prop & BId: Underground Duct 60,000 60,000 60,000 60,000 60,000 251 L/T Int 14,500 12,000 9,000 6,000 3,000 252 Subtotal 74,500 72,000 69,000 66,000 63,000 253 254 TOTAL PERMANENT DEBT 255 Prin 10,343,500 10,240,000 9,780,000 8,320,000 7,950,000 256 L/T Int 4,471,502 3,990,644 3,513,200 3,074,325 2,680,750 257 258 Total Permanent 14,815,002 14,230,644 13,293,200 11,394,325 10,630,750 259 260 261 AUTHORIZED NOT ISSUED DEBT 262 263 Prin (4,632,748) Elem. Schools Proj Design & OPM 231,637 231,637 231,637 231,637 231,637 264 L/T Int (4.5%) 203,787 193,363 182,940 172,516 162,092 265 Subtotal 435,424 425,000 414,577 404,153 393,729 266 267 FY19 Prin (1,600,000) High School Feasibility Study 533,333 533,333 - - - Page 7 of 12 FY2023-2027 CIP GENERAL FUND DEBT PROJECTION 1 A I B I FY'23 I FY'24 I FY'25 I FY'26 I FY'27 268 L/T Int (4.5%) 42,667 21,334 - - - 269 Subtotal 576,000 554,667 - - - 270 271 FY 22 (9,798,779) High School Design Cost 326,626 326,626 326,626 326,626 272 L/T Int (4.5%) 440,945 440,945 426,247 411,549 396,851 273 Subtotal 440,945 767,571 752,873 738,175 723,477 274 275 FY 22 Bond (May 2022) 276 Prin (2,500,000) Street and Sidewalks 500,000 500,000 500,000 500,000 500,000 277 L/T Int (4.5%) 112,500 90,000 67,500 45,000 22,500 278 Subtotal 612,500 590,000 567,500 545,000 522,500 279 280 FY 22 Bond (May 2022) 281 Prin (25,000,000) 3 Elem School Bldg 1,250,000 1,250,000 1,250,000 1,250,000 1,250,000 282 L/T Int (4.5%) 1,125,000 1,068,750 1,012,500 956,250 900,000 283 Subtotal 2,375,000 2,318,750 2,262,500 2,206,250 2,150,000 284 285 FY 22 Bond (May 2023) 286 Prin (23,895,000) 3 Elem School Bldg - 1,194,750 1,194,750 1,194,750 1,194,750 287 L/T Int (4.5%) - 1,075,275 1,021,511 967,748 913,984 288 Subtotal - 2,270,025 2,216,261 2,162,498 2,108,734 289 290 FY23 Bond (Jan 2023) 291 Prin (50,000,000) High School New Building 1,666,668 1,666,668 1,666,668 1,666,668 292 L/T Int (4.5%) - 2,250,000 2,175,000 2,100,000 2,025,000 293 Subtotal - 3,916,668 3,841,668 3,766,668 3,691,668 294 295 296 297 298 FY24 Bond (Jan 2024) 299 Prin (50,000,000) High School New Building 1,666,668 1,666,668 1,666,668 300 L/T Int (4.5%) - 2,250,000 2,175,000 2,100,000 301 Subtotal - 3,916,668 3,841,668 3,766,668 302 303 FY24 Bond (Jan 2025) 304 Prin (50,000,000) High School New Building(Jan'25) 1,666,668 1,666,668 305 L/T Int (4.5%) - 2,250,000 2,175,000 Page 8 of 12 FY2023-2027 CIP GENERAL FUND DEBT PROJECTION 1 A I B I FY'23 I FY'24 I FY'25 I FY'26 I FY'27 306 Subtotal - 3,916,668 3,841,668 307 308 TOTAL AUTHORIZED UNISSUED DEBT 309 Prin 2,514,970 5,703,015 6,836,350 8,503,017 8,503,017 310 L/T Int 1,924,899 5,139,667 7,135,698 9,078,062 8,695,427 311 Total Authorized Unissued 4,439,869 10,842,682 13,972,048 17,581,079 17,198,444 312 313 314 PLANNED BOND DEBT 315 FY 16 Bond (June 2017) 316 Prin (1,380,000) See Schedule 138,000 138,000 138,000 138,000 138,000 317 L/T Int (4.5%) 62,100 55,890 49,680 43,470 37,260 318 Subtotal 200,100 193,890 187,680 181,470 175,260 319 320 FY 17 Bond (June 2017) 321 Prin (3,950,000) See Schedule 395,000 395,000 395,000 395,000 395,000 322 L/T Int (4.5%) 177,750 159,975 142,200 124,425 106,650 323 Subtotal 572,750 554,975 537,200 519,425 501,650 324 325 FY 18 Bond (May 2018) 326 Prin (325,000) Comm. Path Design 65,000 65,000 65,000 65,000 65,000 327 L/T Int (4.5%) 14,625 11,700 8,775 5,850 2,925 328 Subtotal 79,625 76,700 73,775 70,850 67,925 329 330 FY 19 Bond (May 2019) 331 Prin (300,000) Saltonstall Court, Parking Lot 30,000 30,000 30,000 30,000 30,000 332 L/T Int (4.5%) 13,500 12,150 10,800 9,450 8,100 333 Subtotal 43,500 42,150 40,800 39,450 38,100 334 335 FY 20 Bond (May 2020) 336 Prin (3,000,000) Comm Path 300,000 300,000 300,000 300,000 300,000 337 L/T Int (4.5%) 135,000 121,500 108,000 94,500 81,000 338 Subtotal 435,000 421,500 408,000 394,500 381,000 339 340 FY 21 Bond (May 2021) 341 Prin (7,050,000) See Schedule 705,000 705,000 705,000 705,000 705,000 342 L/T Int (4.5%) 317,250 285,525 253,800 222,075 190,350 343 Subtotal 1,022,250 990,525 958,800 927,075 895,350 Page 9 of 12 FY2023-2027 CIP GENERAL FUND DEBT PROJECTION 1 A I B I FY'23 I FY'24 I FY'25 I FY'26 I FY'27 344 345 FY 21 Bond (May 2021) 346 Prin (1,500,000) Conn/Thrwys 300,000 300,000 300,000 300,000 300,000 347 L/T Int (4.5%) 67,500 54,000 40,500 27,000 13,500 348 Subtotal 367,500 354,000 340,500 327,000 313,500 349 350 FY 22 Bond (May 2022) 351 Prin (1,230,000) See Schedule 163,250 163,250 163,250 163,250 163,250 352 L/T Int (4.5%) 55,350 48,004 40,658 33,311 25,965 353 Subtotal 218,600 211,254 203,908 196,561 189,215 354 355 FY 22 Bond (May 2022) 356 Prin (1,500,000) Conn/Thrwys 300,000 300,000 300,000 300,000 300,000 357 L/T Int (4.5%) 67,500 54,000 40,500 27,000 13,500 358 Subtotal 367,500 354,000 340,500 327,000 313,500 359 360 FY 22 Bond (May 2022) 361 Prin (3,080,000) School 241,667 241,667 241,667 241,667 241,667 362 L/T Int (4.5%) 138,600 127,725 116,850 105,975 95,100 363 Subtotal 380,267 369,392 358,517 347,642 336,767 364 365 FY 23 Bond (May 2023) 366 Prin (11,755,000) See Schedule - 1,034,333 1,034,333 1,034,333 1,034,333 367 L/T Int (4.5%) - 528,975 482,430 435,885 389,340 368 Subtotal - 1,563,308 1,516,763 1,470,218 1,423,673 369 370 371 372 FY 23 Bond (May 2023) 373 Prin (6,600,000) Str, Walk, & Conn/Thrwys - 1,320,000 1,320,000 1,320,000 1,320,000 374 L/T Int (4.5%) - 297,000 237,600 178,200 118,800 375 Subtotal - 1,617,000 1,557,600 1,498,200 1,438,800 376 377 FY 23 Bond (May 2023) 378 Prin (1,340,000) Middle Sch. Items - 142,000 142,000 142,000 142,000 379 L/T Int (4.5%) - 60,300 53,910 47,520 41,130 380 Subtotal - 202,300 195,910 189,520 183,130 381 Page 10 of 12 FY2023-2027 CIP GENERAL FUND DEBT PROJECTION 1 A I B I FY'23 I FY'24 I FY'25 I FY'26 I FY'27 382 FY 24 Bond (May 2024) 383 Prin (14,791,900) See Schedule - - 1,156,497 1,156,497 1,156,497 384 L/T Int (4.5%) - - 665,636 613,593 561,551 385 Subtotal - - 1,822,133 1,770,090 1,718,048 386 387 FY 24 Bond (May 2024) 388 Prin (4,500,000) Str, Walk, & Conn/Thrwys - - 900,000 900,000 900,000 389 L/T Int (4.5%) - - 202,500 162,000 121,500 390 Subtotal - - 1,102,500 1,062,000 1,021,500 391 392 FY 24 Bond (May 2024) 393 Prin (72,000) MS items - - 4,800 4,800 4,800 394 L/T Int (4.5%) - - 3,240 3,024 2,808 395 Subtotal - - 8,040 7,824 7,608 396 397 FY 25 Bond (May 2025) 398 Prin (7,094,000) See Schedule - - - 826,767 826,767 399 L/T Int (4.5%) - - - 319,230 282,026 400 Subtotal - - - 1,145,997 1,108,793 401 402 FY 25 Bond (May 2025) 403 Prin (4,400,000) Str, Walk, & Conn/Thrwys - - - 880,000 880,000 404 L/T Int (4.5%) - - - 198,000 158,400 405 Subtotal - - - 1,078,000 1,038,400 406 407 408 409 FY 25 Bond (May 2025) 410 Prin (1,130,000) Middle School Items - - - 83,000 83,000 411 L/T Int (4.5%) - - - 50,850 47,115 412 Subtotal - - - 133,850 130,115 413 414 FY 26 Bond (May 2026) 415 Prin (8,955,000) See Schedule - - - - 676,500 416 L/T Int (4.5%) - - - - 402,975 417 Subtotal - - - - 1,079,475 418 419 FY 26 Bond (May 2026) Page 11 of 12 FY2023-2027 CIP GENERAL FUND DEBT PROJECTION 1 A I B I FY'23 I FY'24 I FY'25 I FY'26 I FY'27 420 Prin (4,900,000) Str, Walk, & Conn/Thrwys - - - - 980,000 421 L/T Int (4.5%) - - - - 220,500 422 Subtotal - - - - 1,200,500 423 424 FY 26 Bond (May 2026) 425 Prin (700,000) Middle School Items - - - - 80,000 426 L/T Int (4.5%) - - - - 31,500 427 Subtotal - - - - 111,500 428 429 TOTAL PLANNED BOND DEBT 430 Principal 2,637,917 5,134,250 7,195,547 8,985,314 10,721,814 431 Long Term Interest 1,049,175 1,816,744 2,457,079 2,701,358 2,951,995 432 TOTAL PLANNED DEBT 1 3,687,092 1 6,950,9941 9,652,626 1 11,686,672 1 13,673,809 433 434 Total Permanent, Authorized/Unissued, & Planned 435 Principal 15,496,387 21,077,265 23,811,896 25,808,331 27,174,831 436 Long Term Interest 7,445,576 10,947,056 13,105,976 14,853,746 14,328,171 437 Grand Total 22,941,963 32,024,321 36,917,872 40,662,077 41,503,002 Page 12 of 12 TOWN OF WATERTOWN CIP FY 23 TO FY 27 COST ANALYSIS FY 23 FY 24 FY 25 FY 26 FY 27 FY COST PRINCIPAL INTEREST PRINCIPAL INTEREST PRINCIPAL INTEREST PRINCIPAL INTEREST PRINCIPAL INTEREST AUTHORIZED UNISSUED DEBT 20 3 ELEM.SCH.PROJ.PLANS/DESIGN BR 19 $ 3,488,471 $ 174,424 $ 152,294 $ 174,424 $ 144,445 $ 174,424 $ 136,596 $ 174,424 $ 128,747 $ 174,424 $ 120,898 20 3 ELEM.SCH.PROJ.PLANS/DESIGN BR 19 $ 1,144,277 $ 57,214 $ 51,492 $ 57,214 $ 48,918 $ 57,214 $ 46,343 $ 57,214 $ 43,769 $ 57,214 $ 41,194 $ 4,632,748 $ 231,637 $ 203,787 $ 231,637 $ 193,363 $ 231,637 $ 182,940 $ 231,637 $ 172,516 $ 231,637 $ 162,092 20 HIGH SCHOOL FEASIBILITY STUDY BR 19 $ 1,600,000 $ 533,333 $ 42,667 $ 533,333 $ 21,334 $ - $ - $ - $ 1,600,000 $ 533,333 $ 42,667 $ 533,333 $ 21,334 $ - $ - $ - $ - $ - $ - 30 HIGH SCHOOL DESIGN COST BR 23 $ 9,789,779 $ - $ 440,945 $ 326,626 $ 440,945 $ 326,626 $ 426,247 $ 326,626 $ 411,549 $ 326,626 $ 396,851 $ 9,789,779 $ - $ 440,945 $ 326,626 $ 440,945 $ 326,626 $ 426,247 $ 326,626 $ 411,549 $ 326,626 $ 396,851 5 HIGHWAY RECONSTR STB 22 $ 2,000,000 $ 400,000 $ 90,000 $ 400,000 $ 72,000 $ 400,000 $ 54,000 $ 400,000 $ 36,000 $ 400,000 $ 18,000 5 SIDEWALK RECONSTR SWB 22 $ 500,000 $ 100,000 $ 22,500 $ 100,000 $ 18,000 $ 100,000 $ 13,500 $ 100,000 $ 9,000 $ 100,000 $ 4,500 $ 2,500,000 $ 500,000 $ 112,500 $ 500,000 $ 90,000 $ 500,000 $ 67,500 $ 500,000 $ 45,000 $ 500,000 $ 22,500 20 3 ELEMENTARY SCHOOL PROJ.RENOVATION BR 22 $ 25,000,000 $ 1,250,000 $ 1,125,000 $ 1,250,000 $ 1,068,750 $ 1,250,000 $ 1,012,500 $ 1,250,000 $ 956,250 $ 1,250,000 $ 900,000 $ 25,000,000 $ 1,250,000 $ 1,125,000 $ 1,250,000 $ 1,068,750 $ 1,250,000 $ 1,012,500 $ 1,250,000 $ 956,250 $ 1,250,000 $ 900,000 20 3 ELEMENTARY SCHOOL PROJ.RENOVATION BR 23 $ 23,895,000 $ - $ - $ 1,194,750 $ 1,075,275 $ 1,194,750 $ 1,021,511 $ 1,194,750 $ 967,748 $ 1,194,750 $ 913,984 $ 23,895,000 $ $ $ 1,194,750 $ 1,075,275 $ 1,194,750 $ 1,021,511 $ 1,194,750 $ 967,748 $ 1,194,750 $ 913,984 30 NEW HIGH SCHOOL BUILDING-CONSTR. BR 23 $ 50,000,000 $ $ $ 1,666,667 $ 2,250,000 $ 1,666,667 $ 2,175,000 $ 1,666,667 $ 2,100,000 $ 1,666,667 $ 2,025,000 $ 50,000,000 $ $ $ 1,666,667 $ 2,250,000 $ 1,666,667 $ 2,175,000 $ 1,666,667 $ 2,100,000 $ 1,666,667 $ 2,025,000 30 NEW HIGH SCHOOL BUILDING-CONSTR. BR 24 $ 50,000,000 $ $ $ - $ - $ 1,666,667 $ 2,250,000 $ 1,666,667 $ 2,175,000 $ 1,666,667 $ 2,100,000 $ 50,000,000 $ $ $ $ $ 1,666,667 $ 2,250,000 $ 1,666,667 $ 2,175,000 $ 1,666,667 $ 2,100,000 30 NEW HIGH SCHOOL BUILDING-CONSTR. BR 25 $ 50,000,000 $ $ $ $ $ - $ - $ 1,666,667 $ 2,250,000 $ 1,666,667 $ 2,175,000 $ 50,000,000 $ $ $ $ $ - $ - $ 1,666,667 $ 2,250,000 $ 1,666,667 $ 2,175,000 TOTAL AUTHORIZED UNISSUED DEBT $ 217,417,527 $ 2,514,970 $ 1,924,899 $ 5,703,015 $ 5,139,667 $ 6,836,350 $ 7,135,698 $ 8,503,017 $ 9,078,062 $ 8,503,017 $ 8,695,427 PLANNED DEBT 10 DESIGN MOXLEY CTS RENOWLIGHTS BR 16 $ 100,000 $ 10,000 $ 4,500 $ 10,000 $ 4,050 $ 10,000 $ 3,600 $ 10,000 $ 3,150 $ 10,000 $ 2,700 10 MOXLEY COURTS RENOWLIGHTS BR 16 $ 1,280,000 $ 128,000 $ 57,600 $ 128,000 $ 51,840 $ 128,000 $ 46,080 $ 128,000 $ 40,320 $ 128,000 $ 34,560 $ 1,380,000 $ 138,000 $ 62,100 $ 138,000 $ 55,890 $ 138,000 $ 49,680 $ 138,000 $ 43,470 $ 138,000 $ 37,260 10 VICTORY TRACK,FIELD&CRT RENO BR 17 $ 3,000,000 $ 300,000 $ 135,000 $ 300,000 $ 121,500 $ 300,000 $ 108,000 $ 300,000 $ 94,500 $ 300,000 $ 81,000 10 DESIGN OF CASEY PARK RENOV. BR 17 $ 100,000 $ 10,000 $ 4,500 $ 10,000 $ 4,050 $ 10,000 $ 3,600 $ 10,000 $ 3,150 $ 10,000 $ 2,700 10 CASEY PARK RENOV,LIGHTS/SCBRD BR 17 $ 850,000 $ 85,000 $ 38,250 $ 85,000 $ 34,425 $ 85,000 $ 30,600 $ 85,000 $ 26,775 $ 85,000 $ 22,950 $ 3,950,000 $ 395,000 $ 177,750 $ 395,000 $ 159,975 $ 395,000 $ 142,200 $ 395,000 $ 124,425 $ 395,000 $ 106,650 5 COMM.PATH DESIGN(TAYLOR/LINEAR) SWB 18 $ 325,000 $ 65,000 $ 14,625 $ 65,000 $ 11,700 $ 65,000 $ 8,775 $ 65,000 $ 5,850 $ 65,000 $ 2,925 $ 325,000 $ 65,000 $ 14,625 $ 65,000 $ 11,700 $ 65,000 $ 8,775 $ 65,000 $ 5,850 $ 65,000 $ 2,925 10 SALTONSTALL COURT,PARKING LGT BR 19 $ 300,000 $ 30,000 $ 13,500 $ 30,000 $ 12,150 $ 30,000 $ 10,800 $ 30,000 $ 9,450 $ 30,000 $ 8,100 $ 300,000 $ 30,000 $ 13,500 $ 30,000 $ 12,150 $ 30,000 $ 10,800 $ 30,000 $ 9,450 $ 30,000 $ 8,100 10 COMM.PATH CONSTR.(TAYLOR/LINEAR) SWB 20 $ 3,000,000 $ 300,000 $ 135,000 $ 300,000 $ 121,500 $ 300,000 $ 108,000 $ 300,000 $ 94,500 $ 300,000 $ 81,000 $ 3,000,000 $ 300,000 $ 135,000 $ 300,000 $ 121,500 $ 300,000 $ 108,000 $ 300,000 $ 94,500 $ 300,000 $ 81,000 10 ARSENAL PARK RENOVATIONS BR 21 $ 6,350,000 $ 635,000 $ 285,750 $ 635,000 $ 257,175 $ 635,000 $ 228,600 $ 635,000 $ 200,025 $ 635,000 $ 171,450 10 FILIPPELLO:SPRAY PRK DESIGN&RENO BR 21 $ 400,000 $ 40,000 $ 18,000 $ 40,000 $ 16,200 $ 40,000 $ 14,400 $ 40,000 $ 12,600 $ 40,000 $ 10,800 10 RINK:REPAIR HANDICAP RAMP BR 21 $ 300,000 $ 30,000 $ 13,500 $ 30,000 $ 12,150 $ 30,000 $ 10,800 $ 30,000 $ 9,450 $ 30,000 $ 8,100 $ 7,050,000 $ 705,000 $ 317,250 $ 705,000 $ 285,525 $ 705,000 $ 253,800 $ 705,000 $ 222,075 $ 705,000 $ 190,350 TOWN OF WATERTOWN CIP FY 23 TO FY 27 COST ANALYSIS FY 23 FY 24 FY 25 FY 26 FY 27 FY COST PRINCIPAL INTEREST PRINCIPAL INTEREST PRINCIPAL INTEREST PRINCIPAL INTEREST PRINCIPAL INTEREST 5 HIGHWAY(CONNECTOR/THROUGHWAYS) STB 21 $ 1,500,000 $ 300,000 $ 67,500 $ 300,000 $ 54,000 $ 300,000 $ 40,500 $ 300,000 $ 27,000 $ 300,000 $ 13,500 $ 1,500,000 $ 300,000 $ 67,500 $ 300,000 $ 54,000 $ 300,000 $ 40,500 $ 300,000 $ 27,000 $ 300,000 $ 13,500 5 IT:DOCUMENT SCANNING BE 22 $ 100,000 $ 20,000 $ 4,500 $ 20,000 $ 3,600 $ 20,000 $ 2,700 $ 20,000 $ 1,800 $ 20,000 $ 900 5 SULLIVAN PLYGRD EQUIP,TOT,WLKWY BR 22 $ 425,000 $ 85,000 $ 19,125 $ 85,000 $ 15,300 $ 85,000 $ 11,475 $ 85,000 $ 7,650 $ 85,000 $ 3,825 20 VICT.FLD:PHASE 3 FIELDHOUSE DESIGN BR 22 $ 375,000 $ 18,750 $ 16,875 $ 18,750 $ 16,031 $ 18,750 $ 15,188 $ 18,750 $ 14,344 $ 18,750 $ 13,500 5 RINK:AMMONIA DETECTION SYSTEM BR 22 $ 65,000 $ 13,000 $ 2,925 $ 13,000 $ 2,340 $ 13,000 $ 1,755 $ 13,000 $ 1,170 $ 13,000 $ 585 10 RINK BOARD REPLACEMENTS BR 22 $ 265,000 $ 26,500 $ 11,925 $ 26,500 $ 10,733 $ 26,500 $ 9,540 $ 26,500 $ 8,348 $ 26,500 $ 7,155 $ 1,230,000 $ 163,250 $ 55,350 $ 163,250 $ 48,004 $ 163,250 $ 40,658 $ 163,250 $ 33,311 $ 163,250 $ 25,965 5 HIGHWAY(CONNECTOR/THROUGHWAYS) STB 22 $ 1,500,000 $ 300,000 $ 67,500 $ 300,000 $ 54,000 $ 300,000 $ 40,500 $ 300,000 $ 27,000 $ 300,000 $ 13,500 $ 1,500,000 $ 300,000 $ 67,500 $ 300,000 $ 54,000 $ 300,000 $ 40,500 $ 300,000 $ 27,000 $ 300,000 $ 13,500 5 MIDDLE:UPGRADE PHONE SYSTEM BR 22 $ 50,000 $ 10,000 $ 2,250 $ 10,000 $ 1,800 $ 10,000 $ 1,350 $ 10,000 $ 900 $ 10,000 $ 450 10 MIDDLE:REMODEL BATHROOMS BR 22 $ 210,000 $ 21,000 $ 9,450 $ 21,000 $ 8,505 $ 21,000 $ 7,560 $ 21,000 $ 6,615 $ 21,000 $ 5,670 15 MIDDLE:HVAC(VRF)2ND FLOOR BR 22 $ 650,000 $ 43,333 $ 29,250 $ 43,333 $ 27,300 $ 43,333 $ 25,350 $ 43,333 $ 23,400 $ 43,333 $ 21,450 15 MIDDLE:FIRE PROTECTION(NEW SYSTEM) BR 22 $ 2,000,000 $ 133,333 $ 90,000 $ 133,333 $ 84,000 $ 133,333 $ 78,000 $ 133,333 $ 72,000 $ 133,333 $ 66,000 5 MIDDLE:DESIGN HVAC 1ST FLOOR BR 22 $ 170,000 $ 34,000 $ 7,650 $ 34,000 $ 6,120 $ 34,000 $ 4,590 $ 34,000 $ 3,060 $ 34,000 $ 1,530 $ 3,080,000 $ 241,667 $ 138,600 $ 241,667 $ 127,725 $ 241,667 $ 116,850 $ 241,667 $ 105,975 $ 241,667 $ 95,100 20 DESIGN NEW BLDG AT FORMER POLICE ST. BR 23 $ 1,000,000 $ 50,000 $ 45,000 $ 50,000 $ 42,750 $ 50,000 $ 40,500 $ 50,000 $ 38,250 5 ADMIN BLDG:DESIGN MASONRY&METAL BR 23 $ 40,000 $ 8,000 $ 1,800 $ 8,000 $ 1,440 $ 8,000 $ 1,080 $ 8,000 $ 720 5 ADMIN BLDG:DESIGN HVAC-HAU CC BR 23 $ 120,000 $ 24,000 $ 5,400 $ 24,000 $ 4,320 $ 24,000 $ 3,240 $ 24,000 $ 2,160 5 ADMIN BLDG:DESIGN LIGHTING/ACCESS BR 23 $ 60,000 $ 12,000 $ 2,700 $ 12,000 $ 2,160 $ 12,000 $ 1,620 $ 12,000 $ 1,080 5 ADMIN BLDG:DESIGN ROOF REP[AIRS BR 23 $ 45,000 $ 9,000 $ 2,025 $ 9,000 $ 1,620 $ 9,000 $ 1,215 $ 9,000 $ 810 5 IT: INFRASTRUCTURE IMPROVEMENTS BE 23 $ 300,000 $ 60,000 $ 13,500 $ 60,000 $ 10,800 $ 60,000 $ 8,100 $ 60,000 $ 5,400 5 IT:PERMITTING/TRANSPARENCY DASHBRDS BE 23 $ 100,000 $ 20,000 $ 4,500 $ 20,000 $ 3,600 $ 20,000 $ 2,700 $ 20,000 $ 1,800 5 IT:VIDEO SECURITY&ACCESS CONTROL BE 23 $ 100,000 $ 20,000 $ 4,500 $ 20,000 $ 3,600 $ 20,000 $ 2,700 $ 20,000 $ 1,800 5 IT:FIBER LOOP BUILD OUT&CABLING BE 23 $ 100,000 $ 20,000 $ 4,500 $ 20,000 $ 3,600 $ 20,000 $ 2,700 $ 20,000 $ 1,800 5 IT:DOCUMENT SCANNING BE 23 $ 100,000 $ 20,000 $ 4,500 $ 20,000 $ 3,600 $ 20,000 $ 2,700 $ 20,000 $ 1,800 5 FIRE:EAST STATION HVAC/PLUMBING BR 23 $ 120,000 $ 24,000 $ 5,400 $ 24,000 $ 4,320 $ 24,000 $ 3,240 $ 24,000 $ 2,160 5 FIRE:EAST STATION PAINT/CARP/LIGHTING BR 23 $ 115,000 $ 23,000 $ 5,175 $ 23,000 $ 4,140 $ 23,000 $ 3,105 $ 23,000 $ 2,070 5 FIRE:MAIN STATION INTERIOR PAINTING BR 23 $ 50,000 $ 10,000 $ 2,250 $ 10,000 $ 1,800 $ 10,000 $ 1,350 $ 10,000 $ 900 5 LIBRARY:REPAIR CHILDREN'S ROOM WATER BR 23 $ 125,000 $ 25,000 $ 5,625 $ 25,000 $ 4,500 $ 25,000 $ 3,375 $ 25,000 $ 2,250 20 LIBRARY.REPLACE BOILERS&PUMPS BR 23 $ 200,000 $ 10,000 $ 9,000 $ 10,000 $ 8,550 $ 10,000 $ 8,100 $ 10,000 $ 7,650 5 LIBRARY:DESIGN/ENGINEER CHILLER&RF BR 23 $ 50,000 $ 10,000 $ 2,250 $ 10,000 $ 1,800 $ 10,000 $ 1,350 $ 10,000 $ 900 15 DPW ADMIN.BLDG:ROOF REPLACEMENT BR 23 $ 2,000,000 $ 133,333 $ 90,000 $ 133,333 $ 84,000 $ 133,333 $ 78,000 $ 133,333 $ 72,000 5 CEMETERY:OFF ROAD UTILITY VEH BE 23 $ 30,000 $ 6,000 $ 1,350 $ 6,000 $ 1,080 $ 6,000 $ 810 $ 6,000 $ 540 20 PROP/BLDG BOILER REPLACEMENT BR 23 $ 200,000 $ 10,000 $ 9,000 $ 10,000 $ 8,550 $ 10,000 $ 8,100 $ 10,000 $ 7,650 10 PARKS:GAZEBO AT SALTONSTALL PARK BR 23 $ 150,000 $ 15,000 $ 6,750 $ 15,000 $ 6,075 $ 15,000 $ 5,400 $ 15,000 $ 4,725 10 PARKS&FORESTRY:SWAP LOADER BE 23 $ 200,000 $ 20,000 $ 9,000 $ 20,000 $ 8,100 $ 20,000 $ 7,200 $ 20,000 $ 6,300 20 VICT.FLD:PH 3 FIELDHOUSE ADD/REND BR 23 $ 4,000,000 $ 200,000 $ 180,000 $ 200,000 $ 171,000 $ 200,000 $ 162,000 $ 200,000 $ 153,000 10 VICTORY FIELD TURF REPLACEMENT BR 23 $ 1,500,000 $ 150,000 $ 67,500 $ 150,000 $ 60,750 $ 150,000 $ 54,000 $ 150,000 $ 47,250 5 HOWE PARK:DESIGN,EQUIP.&RESURFACE BR 23 $ 500,000 $ 100,000 $ 22,500 $ 100,000 $ 18,000 $ 100,000 $ 13,500 $ 100,000 $ 9,000 15 SR CTR:ROOF REPAIRS/REPLACEMENT BR 23 $ 150,000 $ 10,000 $ 6,750 $ 10,000 $ 6,300 $ 10,000 $ 5,850 $ 10,000 $ 5,400 5 SR CTR:EXTERIOR PAINTING BR 23 $ 50,000 $ 10,000 $ 2,250 $ 10,000 $ 1,800 $ 10,000 $ 1,350 $ 10,000 $ 900 10 RINK ELECT ICE RESURF.MACHINE BE 23 $ 150,000 $ 15,000 $ 6,750 $ 15,000 $ 6,075 $ 15,000 $ 5,400 $ 15,000 $ 4,725 10 RINK:REPLACEMENT OF STANDS BR 23 $ 200,000 $ 20,000 $ 9,000 $ 20,000 $ 8,100 $ 20,000 $ 7,200 $ 20,000 $ 6,300 $ 11,755,000 $ $ $ 1,034,333 $ 528,975 $ 1,034,333 $ 482,430 $ 1,034,333 $ 435,885 $ 1,034,333 $ 389,340 5 MT.AUBURN CORRIDOR APPR.&EASEMENT:STB 23 $ 2,600,000 $ 520,000 $ 117,000 $ 520,000 $ 93,600 $ 520,000 $ 70,200 $ 520,000 $ 46,800 5 HIGHWAY(CONNECTOR/THROUGHWAYS) STB 23 $ 1,500,000 $ 300,000 $ 67,500 $ 300,000 $ 54,000 $ 300,000 $ 40,500 $ 300,000 $ 27,000 5 HIGHWAY RECONSTR STB 23 $ 2,000,000 $ 400,000 $ 90,000 $ 400,000 $ 72,000 $ 400,000 $ 54,000 $ 400,000 $ 36,000 5 SIDEWALK RECONSTR SWB 23 $ 500,000 $ 100,000 $ 22,500 $ 100,000 $ 18,000 $ 100,000 $ 13,500 $ 100,000 $ 9,000 $ 6,600,000 $ $ $ 1,320,000 $ 297,000 $ 1,320,000 $ 237,600 $ 1,320,000 $ 178,200 $ 1,320,000 $ 118,800 5 MIDDLE:DESIGN CRTYRD&EXT.GRNDS BR 23 $ 120,000 $ 24,000 $ 5,400 $ 24,000 $ 4,320 $ 24,000 $ 3,240 $ 24,000 $ 2,160 5 MIDDLE:RENOVATE COURTYRD LANDSCP BR 23 $ 275,000 $ 55,000 $ 12,375 $ 55,000 $ 9,900 $ 55,000 $ 7,425 $ 55,000 $ 4,950 15 MIDDLE:HVAC(VRF)1ST FLOOR BR 23 $ 945,000 $ 63,000 $ 42,525 $ 63,000 $ 39,690 $ 63,000 $ 36,855 $ 63,000 $ 34,020 TOWN OF WATERTOWN CIP FY 23 TO FY 27 COST ANALYSIS FY 23 FY 24 FY 25 FY 26 FY 27 FY COST PRINCIPAL INTEREST PRINCIPAL INTEREST PRINCIPAL INTEREST PRINCIPAL INTEREST PRINCIPAL INTEREST $ 1,340,000 $ $ $ 142,000 $ 60,300 $ 142,000 $ 53,910 $ 142,000 $ 47,520 $ 142,000 $ 41,130 30 BUILD NEW BUILDING AT FORMER POLICE Sl BR 24 $ 7,000,000 $ 233,333 $ 315,000 $ 233,333 $ 304,500 $ 233,333 $ 294,000 20 ADMIN BLDG:MASONRY&METAL REPAIR BR 24 $ 500,000 $ 25,000 $ 22,500 $ 25,000 $ 21,375 $ 25,000 $ 20,250 10 ADMIN BLDG:REPLACE HVAC HAU CC BR 24 $ 650,000 $ 65,000 $ 29,250 $ 65,000 $ 26,325 $ 65,000 $ 23,400 20 ADMIN BLDG:LIGHTING&ACCESSIBILITY BR 24 $ 577,000 $ 28,850 $ 25,965 $ 28,850 $ 24,667 $ 28,850 $ 23,369 15 ROOF SHINGLE REPLACE/ROOF REFURBISHN BR 24 $ 200,000 $ 13,333 $ 9,000 $ 13,333 $ 8,400 $ 13,333 $ 7,800 5 ADD EV STATIONS BR 24 $ 90,000 $ 18,000 $ 4,050 $ 18,000 $ 3,240 $ 18,000 $ 2,430 5 IT: INFRASTRUCTURE IMPROVEMENTS BE 24 $ 300,000 $ 60,000 $ 13,500 $ 60,000 $ 10,800 $ 60,000 $ 8,100 5 IT:PERMITTING/TRANSPARENCY DASHBRDS BE 24 $ 100,000 $ 20,000 $ 4,500 $ 20,000 $ 3,600 $ 20,000 $ 2,700 5 IT:VIDEO SECURITY&ACCESS CONTROL BE 24 $ 100,000 $ 20,000 $ 4,500 $ 20,000 $ 3,600 $ 20,000 $ 2,700 5 IT:FIBER LOOP BUILD OUT&CABLING BE 24 $ 100,000 $ 20,000 $ 4,500 $ 20,000 $ 3,600 $ 20,000 $ 2,700 5 IT:DOCUMENT SCANNING BE 24 $ 100,000 $ 20,000 $ 4,500 $ 20,000 $ 3,600 $ 20,000 $ 2,700 5 IT:MUNIS FINANCIAL SYSTEM ENHANCEMENT BE 24 $ 100,000 $ 20,000 $ 4,500 $ 20,000 $ 3,600 $ 20,000 $ 2,700 5 FIRE:MAIN STATION CONCRETE COATING BR 24 $ 85,000 $ 17,000 $ 3,825 $ 17,000 $ 3,060 $ 17,000 $ 2,295 5 FIRE:MAIN STATION INTERIOR REPAIRS BR 24 $ 50,000 $ 10,000 $ 2,250 $ 10,000 $ 1,800 $ 10,000 $ 1,350 5 FIRE:MAIN STN.REPLACE EMERG GEN BE 24 $ 90,000 $ 18,000 $ 4,050 $ 18,000 $ 3,240 $ 18,000 $ 2,430 5 FIRE:MAIN STATION KITCHEN DUCTWORK BR 24 $ 50,000 $ 10,000 $ 2,250 $ 10,000 $ 1,800 $ 10,000 $ 1,350 5 FIRE:STATION ALERTING SYSTEM BE 24 $ 105,000 $ 21,000 $ 4,725 $ 21,000 $ 3,780 $ 21,000 $ 2,835 20 LIBRARY REPLACE CHILLER BR 24 $ 200,000 $ 10,000 $ 9,000 $ 10,000 $ 8,550 $ 10,000 $ 8,100 5 LIBRARY Repl.Roof Top Units/Compressors BR 24 $ 416,300 $ 83,260 $ 18,734 $ 83,260 $ 14,987 $ 83,260 $ 11,240 5 POLICE:IN CRUISER VIDEO SYSTEM BE 24 $ 72,600 $ 14,520 $ 3,267 $ 14,520 $ 2,614 $ 14,520 $ 1,960 5 POLICE:REPL ACCESS CONTRL BVS SERV BE 24 $ 35,000 $ 7,000 $ 1,575 $ 7,000 $ 1,260 $ 7,000 $ 945 10 DPW:SOLAR CANOPY FRONT PRKNG LOT BR 24 $ 1,250,000 $ 125,000 $ 56,250 $ 125,000 $ 50,625 $ 125,000 $ 45,000 10 HIGHWAY RACK TRUCK BE 24 $ 150,000 $ 15,000 $ 6,750 $ 15,000 $ 6,075 $ 15,000 $ 5,400 10 HIGHWAY CREW TRUCK BE 24 $ 180,000 $ 18,000 $ 8,100 $ 18,000 $ 7,290 $ 18,000 $ 6,480 10 SNOW&ICE:SALTER WHEELER BE 24 $ 300,000 $ 30,000 $ 13,500 $ 30,000 $ 12,150 $ 30,000 $ 10,800 10 PROP/BLDG HEAVY DUTY 4X4 FORKLIFT BE 24 $ 100,000 $ 10,000 $ 4,500 $ 10,000 $ 4,050 $ 10,000 $ 3,600 10 PARKS&FORESTRY:TREE CHIPPER BE 24 $ 75,000 $ 7,500 $ 3,375 $ 7,500 $ 3,038 $ 7,500 $ 2,700 10 PARKS&FORESTRY:UTILITY TRUCK BE 24 $ 65,000 $ 6,500 $ 2,925 $ 6,500 $ 2,633 $ 6,500 $ 2,340 10 BEMIS INSTALL,PLYGRD EQUIP,SPRAY BR 24 $ 800,000 $ 80,000 $ 36,000 $ 80,000 $ 32,400 $ 80,000 $ 28,800 10 REC: SPECIAL NEEDS DIAMOND BR 24 $ 600,000 $ 60,000 $ 27,000 $ 60,000 $ 24,300 $ 60,000 $ 21,600 5 PUB.BLDGS.:SIDEWALK SNOWBLOWER BE 24 $ 60,000 $ 12,000 $ 2,700 $ 12,000 $ 2,160 $ 12,000 $ 1,620 5 PUB BLDG:EQUIPMENT INVENTORY SYST BE 24 $ 150,000 $ 30,000 $ 6,750 $ 30,000 $ 5,400 $ 30,000 $ 4,050 5 SR CTR:WLKWY ENT REPAIR INCL LIGHT BR 24 $ 50,000 $ 10,000 $ 2,250 $ 10,000 $ 1,800 $ 10,000 $ 1,350 5 SR CTR:DESIGN UPGRADE FIRE ALARM BR 24 $ 20,000 $ 4,000 $ 900 $ 4,000 $ 720 $ 4,000 $ 540 5 RINK:ELECTRICAL PANEL UPGRADES BR 24 $ 21,000 $ 4,200 $ 945 $ 4,200 $ 756 $ 4,200 $ 567 5 UPGRADE INTERNAL LIGHTING TO LED BR 24 $ 30,000 $ 6,000 $ 1,350 $ 6,000 $ 1,080 $ 6,000 $ 810 5 RINK:REBUILD OF COMPRESSORS BR 24 $ 20,000 $ 4,000 $ 900 $ 4,000 $ 720 $ 4,000 $ 540 $ 14,791,900 $ $ $ $ $ 1,156,497 $ 665,636 $ 1,156,497 $ 613,593 $ 1,156,497 $ 561,551 5 PROP&BLDG:UNDERGROUND DUCT BR 24 $ 300,000 $ 60,000 $ 13,500 $ 60,000 $ 10,800 $ 60,000 $ 8,100 5 HIGHWAY(CONNECTOR/THROUGHWAYS) STB 24 $ 1,575,000 $ 315,000 $ 70,875 $ 315,000 $ 56,700 $ 315,000 $ 42,525 5 HIGHWAY RECONSTR STB 24 $ 2,100,000 $ 420,000 $ 94,500 $ 420,000 $ 75,600 $ 420,000 $ 56,700 5 SIDEWALK RECONSTR SWB 24 $ 525,000 $ 105,000 $ 23,625 $ 105,000 $ 18,900 $ 105,000 $ 14,175 $ 4,500,000 $ $ $ $ $ 900,000 $ 202,500 $ 900,000 $ 162,000 $ 900,000 $ 121,500 15 MIDDLE:HVAC(VRF)BASEMENT BR 24 $ 72,000 $ 4,800 $ 3,240 $ 4,800 $ 3,024 $ 4,800 $ 2,808 $ 72,000 $ $ $ $ $ 4,800 $ 3,240 $ 4,800 $ 3,024 $ 4,800 $ 2,808 10 ADMIN.BLDG:REPLACE FAN COIL&AHUV BR 25 $ 1,100,000 $ 110,000 $ 49,500 $ 110,000 $ 44,550 5 ADD EV STATIONS BR 25 $ 90,000 $ 18,000 $ 4,050 $ 18,000 $ 3,240 5 ADMIN BLDG:UPGRADE FIRE ALARM SYST. BR 25 $ 20,000 $ 4,000 $ 900 $ 4,000 $ 720 15 UPGRADE FIRE PROTECTION SYSTEM BR 25 $ 90,000 $ 6,000 $ 4,050 $ 6,000 $ 3,780 5 IT: INFRASTRUCTURE IMPROVEMENTS BE 25 $ 300,000 $ 60,000 $ 13,500 $ 60,000 $ 10,800 5 IT:VIDEO SECURITY&ACCESS CONTROL BE 25 $ 100,000 $ 20,000 $ 4,500 $ 20,000 $ 3,600 5 IT:FIBER LOOP BUILD OUT&CABLING BE 25 $ 100,000 $ 20,000 $ 4,500 $ 20,000 $ 3,600 5 IT:DOCUMENT SCANNING BE 25 $ 100,000 $ 20,000 $ 4,500 $ 20,000 $ 3,600 5 IT:MUNIS FINANCIAL SYSTEM ENHANCEMENT BE 25 $ 100,000 $ 20,000 $ 4,500 $ 20,000 $ 3,600 5 IT:PUBLIC WIFI BE 25 $ 500,000 $ 100,000 $ 22,500 $ 100,000 $ 18,000 TOWN OF WATERTOWN CIP FY 23 TO FY 27 COST ANALYSIS FY 23 FY 24 FY 25 FY 26 FY 27 FY COST PRINCIPAL INTEREST PRINCIPAL INTEREST PRINCIPAL INTEREST PRINCIPAL INTEREST PRINCIPAL INTEREST 5 FIRE:AMBULANCE BE 25 $ 450,000 $ 90,000 $ 20,250 $ 90,000 $ 16,200 5 FIRE:MAIN&NORTH ST.APPARATUS DOORS BR 25 $ 65,000 $ 13,000 $ 2,925 $ 13,000 $ 2,340 15 FIRE:ENGINE 1 TRUCK REPLACEMENT BE 25 $ 785,000 $ 52,333 $ 35,325 $ 52,333 $ 32,970 15 DPW ADMIN.BLDG:ROOF REPLACEMENT BR 25 $ 2,000,000 $ 133,333 $ 90,000 $ 133,333 $ 84,000 5 HIGHWAY:SKID STEER BE 25 $ 65,000 $ 13,000 $ 2,925 $ 13,000 $ 2,340 10 SNOW AND ICE:LOADER 3/4 YARD BE 25 $ 107,000 $ 10,700 $ 4,815 $ 10,700 $ 4,334 5 CEMETERY:OFF ROAD UTILITY VEH BE 25 $ 30,000 $ 6,000 $ 1,350 $ 6,000 $ 1,080 10 FILIPPELLO(GROVE),EQUIP.&RESURFACE BR 25 $ 600,000 $ 60,000 $ 27,000 $ 60,000 $ 24,300 5 PUB.BLDGS.:SIDEWALK SNOWBLOWER BE 25 $ 60,000 $ 12,000 $ 2,700 $ 12,000 $ 2,160 5 PUB BLDGS:MAINTENANCE MOVE BR 25 $ 50,000 $ 10,000 $ 2,250 $ 10,000 $ 1,800 5 PUB BLDGS:PICK UP TRUCK WITH PLOW BE 25 $ 60,000 $ 12,000 $ 2,700 $ 12,000 $ 2,160 10 SR CTR:UPGRADE FIRE ALARM SYSTEM BR 25 $ 200,000 $ 20,000 $ 9,000 $ 20,000 $ 8,100 5 RINK ENERGY MANAGEMENT SYST. BE 25 $ 42,000 $ 8,400 $ 1,890 $ 8,400 $ 1,512 10 RINK ENCLOSURE OF OUTSIDE WALLS BR 25 $ 30,000 $ 3,000 $ 1,350 $ 3,000 $ 1,215 10 RINK:REPLACE BOILERS BR 25 $ 50,000 $ 5,000 $ 2,250 $ 5,000 $ 2,025 $ 7,094,000 $ $ $ $ $ $ $ 826,767 $ 319,230 $ 826,767 $ 282,026 5 HIGHWAY(CONNECTOR/THROUGHWAYS) STB 25 $ 1,650,000 $ 330,000 $ 74,250 $ 330,000 $ 59,400 5 HIGHWAY RECONSTR STB 25 $ 2,200,000 $ 440,000 $ 99,000 $ 440,000 $ 79,200 5 SIDEWALK RECONSTR SWB 25 $ 550,000 $ 110,000 $ 24,750 $ 110,000 $ 19,800 $ 4,400,000 $ $ $ $ $ $ $ 880,000 $ 198,000 $ 880,000 $ 158,400 10 MIDDLE:REMODEL BATHROOMS BR 25 $ 120,000 $ 12,000 $ 5,400 $ 12,000 $ 4,860 10 MIDDLE:RENOVATE BEMIS ENTRANCE BR 25 $ 110,000 $ 11,000 $ 4,950 $ 11,000 $ 4,455 15 MIDDLE:ROOFING REFURBISHING BR 25 $ 500,000 $ 33,333 $ 22,500 $ 33,333 $ 21,000 15 MIDDLE:HVAC(VRF)1ST FLOOR BR 25 $ 400,000 $ 26,667 $ 18,000 $ 26,667 $ 16,800 $ 1,130,000 $ $ $ $ $ $ $ 83,000 $ 50,850 $ 83,000 $ 47,115 5 ADMIN BLDG:UPGRADE FIRE ALARM SYST. BR 26 $ 100,000 $ 20,000 $ 4,500 15 UPGRADE FIRE PROTECTION SYSTEM BR 26 $ 500,000 $ 33,333 $ 22,500 10 ADMIN BLDG:UPGRADE LIGHTING BR 26 $ 300,000 $ 30,000 $ 13,500 5 IT: INFRASTRUCTURE IMPROVEMENTS BE 26 $ 300,000 $ 60,000 $ 13,500 5 IT:VIDEO SECURITY&ACCESS CONTROL BE 26 $ 100,000 $ 20,000 $ 4,500 5 IT:FIBER LOOP BUILD OUT&CABLING BE 26 $ 100,000 $ 20,000 $ 4,500 5 IT:DOCUMENT SCANNING BE 26 $ 100,000 $ 20,000 $ 4,500 5 IT:PUBLIC WIFI BE 26 $ 500,000 $ 100,000 $ 22,500 10 FIRE:PROTECTIVE OUTER GEAR BE 26 $ 380,000 $ 38,000 $ 17,100 30 FIRE:EAST END STATION REPLACEMENT BR 26 $ 5,000,000 $ 166,667 $ 225,000 20 LIBRARY:REPAIR/REPLACE ROOF BR 26 $ 300,000 $ 15,000 $ 13,500 5 LIBRARY:FEAS.STDY FOR LIBRARY EXPANSN BR 26 $ 100,000 $ 20,000 $ 4,500 5 CENTRAL MOTORS:SUPERVISOR VEHICLE BE 26 $ 50,000 $ 10,000 $ 2,250 10 SNOW&ICE:SALTER 6 WHEELER BE 26 $ 320,000 $ 32,000 $ 14,400 10 PROP/BLDG:ROUGH TERRAIN FORKLIFT BE 26 $ 95,000 $ 9,500 $ 4,275 10 LOWELL INSTALL PLYGRND EQUIP&RESURF BR 26 $ 600,000 $ 60,000 $ 27,000 5 PUB.BLDGS.:SIDEWALK SNOWBLOWER BE 26 $ 60,000 $ 12,000 $ 2,700 5 SR CTR:REPAIR/ENHANCE BACKPORCH BR 26 $ 50,000 $ 10,000 $ 2,250 $ 8,955,000 $ $ $ $ $ $ $ $ $ 676,500 $ 402,975 5 PROP&BLDG:UNDERGROUND DUCT BR 26 $ 300,000 $ 60,000 $ 13,500 5 HIGHWAY(CONNECTOR/THROUGHWAYS) STB 26 $ 1,725,000 $ 345,000 $ 77,625 5 HIGHWAY RECONSTR STB 26 $ 2,300,000 $ 460,000 $ 103,500 5 SIDEWALK RECONSTR SWB 26 $ 575,000 $ 115,000 $ 25,875 $ 4,900,000 $ $ $ $ $ $ $ $ $ 980,000 $ 220,500 10 MIDDLE REPL AUD/GYM HVAC UNITS BR 26 $ 600,000 $ 60,000 $ 27,000 5 MIDDLE:RELOCATE NURSES OFFICE BR 26 $ 100,000 $ 20,000 $ 4,500 $ 700,000 $ $ $ $ $ $ $ $ $ 80,000 $ 31,500 TOTAL PLANNED DEBT $ 89,552,900 $ 2,637,917 $ 1,049,175 $ 5,134,250 $ 1,816,744 $ 7,195,547 $ 2,457,078 $ 8,985,313 $ 2,701,358 $ 10,721,813 $ 2,951,994 TOWN OF WATERTOWN CIP FY 23 TO FY 27 COST ANALYSIS FY 23 FY 24 FY 25 FY 26 FY 27 FY COST PRINCIPAL INTEREST PRINCIPAL INTEREST PRINCIPAL INTEREST PRINCIPAL INTEREST PRINCIPAL INTEREST TOTAL PERMANENT DEBT $ 10,343,500 $ 4,471,502 $ 10,240,000 $ 3,990,644 $ 9,780,000 $ 3,513,200 $ 8,320,000 $ 3,074,325 $ 7,950,000 $ 2,680,750 TOTAL AUTHORIZED UNISSUED DEBT $ 2,514,970 $ 1,924,899 $ 5,703,015 $ 5,139,667 $ 6,836,350 $ 7,135,698 $ 8,503,017 $ 9,078,062 $ 8,503,017 $ 8,695,427 TOTAL PLANNED DEBT(FY23-FY 27) $ 2,637,917 $ 1,049,175 $ 5,134,250 $ 1,816,744 $ 7,195,547 $ 2,457,078 $ 8,985,313 $ 2,701,358 $ 10,721,813 $ 2,951,994 TOTAL $ 15,496,387 $ 7,445,576 $ 21,077,265 $ 10,947,056 $ 23,811,896 $13,105,976 $ 25,808,331 $14,853,746 $ 27,174,831 $14,328,171 $22,941,963 $ 32,024,321 $ 36,917,872 $ 40,662,077 $ 41,503,002 FY 23 FY 24 FY 25 FY 26 FY 27 PRINCIPAL INTEREST PRINCIPAL INTEREST PRINCIPAL INTEREST PRINCIPAL INTEREST PRINCIPAL INTEREST Permanent Debt/interest $ 4,928,500 $ 1,230,414 $ 4,820,000 $ 1,013,306 $ 4,575,000 $ 799,325 $ 3,110,000 $ 612,550 $ 2,735,000 $ 470,900 ESCO-Permanent Debt/Interest $ 370,000 $ 130,938 $ 375,000 $ 119,438 $ 385,000 $ 108,225 $ 395,000 $ 97,125 $ 400,000 $ 85,950 Three Elem.School Proj.-Permanent Debt/interest $ 5,045,000 $ 3,110,150 $ 5,045,000 $ 2,857,900 $ 4,820,000 $ 2,605,650 $ 4,815,000 $ 2,364,650 $ 4,815,000 $ 2,123,900 TOTAL PERMANENT DEBT/INTEREST $ 10,343,500 $ 4,471,502 $ 10,240,000 $ 3,990,644 $ 9,780,000 $ 3,513,200 $ 8,320,000 $ 3,074,325 $ 7,950,000 $ 2,680,750 Street&Sidewalk-Auth/Unissued&Planned $ 1,100,000 $ 247,500 $ 2,420,000 $ 495,000 $ 3,260,000 $ 575,100 $ 4,140,000 $ 626,400 $ 5,060,000 $ 647,100 Three Elem.School Proj.-Authorized/Unissued $ 1,481,637 $ 1,328,787 $ 2,676,387 $ 2,337,388 $ 2,676,387 $ 2,216,951 $ 2,676,387 $ 2,096,513 $ 2,676,387 $ 1,976,076 New High School-Authorized/Unissued $ 533,333 $ 483,612 $ 2,526,626 $ 2,712,279 $ 3,659,959 $ 4,851,247 $ 5,326,626 $ 6,936,549 $ 5,326,626 $ 6,696,851 Other Debt-Authorized/Unissued&Planned $ 2,037,917 $ 914,175 $ 3,214,2521 $ 1,411,745 $ 4,435,550 $ 1,949,478 $ 5,345,317 $ 2,119,958 $ 6,161,8171 $ 2,327,394 TOTAL AUTHORIZED/UNISSUED&PLANNED DEBT $ 5,152,887 $ 2,974,074 $ 10,837,265 $ 6,956,412 $ 14,031,896 $ 9,592,776 $ 17,488,331 $11,779,421 $ 19,224,831 $11,647,421 TOTAL PERMANENT,AUTH./UNISSUED&PLANNED DEBT $ 15,496,387 $ 7,445,576 $ 21,077,265 $ 10,947,056 $ 23,811,896 $13,105,976 $ 25,808,331 $14,853,746 $ 27,174,831 $14,328,171 $22,941,963 $ 32,024,321 $ 36,917,872 $ 40,662,077 $ 41,503,002 CITY OF WATERTOWN 1630 • q r jr .z SUBMITTED WATER AND SEWER ENTERPRISE BUDGETS CAPITAL IMPROVEMENT PROGRAM FISCAL YEAR 2023-2027 FY 2023 - FY 2027 CIP WATER/SEWER FUNDS A B C D E F G H I J K L M 1 TOTALS FY23 FY 24 FY 25 FY 26 FY 27 2 WATER/SEWER ENTERPRISE FUNDS 3 SEWER 4 Sewer/Drain System Rehabilitation 4,000.0 800.0 SR 800.0 SR I 800.0 SR 800.0 SR 800.0 SR 5 Stormwater& Drainage Improvements 1,500.0 300.0 SR 300.0 SR 300.0 SR 300.0 SR 300.0 SR 6 10 MWRA I & I 5,250.0 1050.0 MWRAB I 1050.0 MWRAB I 1050.0 MWRAB I 1050.0 MWRAB 1 1050.0 MWRAB 7 10 Sewer System Improvements 3,750.0 750.0 SEB 750.0 SEB 750.0 SEB 750.0 SEB 750.0 SEB 8 10 35 GVW Service Truck 170.0 170.0 SEB 9 10 Street Sweeper 0.0 10 10 Sewer Vac 430.0 430.0 SEB 11 10 Swap Dump Truck 190.0 190.0 SEB 12 10 Mini- Excavator 130.0 130.0 SEB 13 SEWER SUBTOTAL 15,420.0 2,900.0 3,520.0 3,070.0 3,030.0 2,900.0 I l l 1 1 14 � 15 WATER 16 Water system improvements 1,000.0 200.0 WR 200.0 WR 200.0 WR 200.0 WR I 200.0 WR 17 10 MWRA LWSAP 2500.0 500.0 MWRAB 500.0 MWRAB 500.0 MWRAB 500.0 MWRAB 500.0 MWRAB 18 10 MWRA LLP 1:500.0 300.0 MWRAL 300.0 MWRAL 300.0 MWRAL 300.0 MWRAL 300.01 MWRAL 19 10 Trench Safety Box Truck 160.0 160.0 WEB 20 5 Utility Truck 60.01 60.0 WEB 21 10 Gate Valve/Mini Vac Truck 140.0 IIL�;Jj VV=3 22 10 Service Response Truck 170.0 170.0 WEB ater 1 24 10 WATERaSUBTOTAL 5,980.0 1,060.0 1,140.0 1,000.0 I 1,330.0 1,450.0 WE�� 25 1 26 TOTAL WATER&SEWER 21,400.0 3,960.0 4,660.0 4,070.0 4,360.0 4,350.0 27 128 STORMWATER 129 Phase 2 MS4 Permit Management Plan 250.0 50.0 TBq 1 50.0 TBD 1 50.0 TBD 50.0 BD 50.OJTBD 1 30 Phase 2 MS4 Construction/Improvements 35,400.0 100.0 TBD 100.0 TIED 100.0 TBD 1010.0 TBU 35,000.0 TBD 31 Phase 2 MS4 Phosphorous Control Plan 500.0 100.0 TBD 100.0 TBD 100.0 TBD 100.0 TBD 100.0 TBD 32 STORMWATER SUBTOTAL 36,150.0 250.0 I 250.0 250.0 250.0 35,150.0 33 1 34 TOT. WATER, SEWER&STORMWATER 57,550.0 4,210.0 4,910.0 4,320.0 4,610.0 39,500.0 135 136 COSTS BY SOURCE OF FUNDS 37 SR SEWER REVENUE 5,500.0 1,100.0 1,100.0 1,100.0 1,100.0 1,100.0 38 SEB SEWER EQUIPMENT BONDS 4,670.0 750.0 1,370.0 920.0 880.0 750.0 39 TBD TO BE DETERMINED 36,150.0 250.0 250.0 250.0 250.0 35,150.0 40 MWRAB MWRA Bond- Interest Free 7,750.0 1,550.0 1,550.0 1,550.0 1,550.0 1,550.0 41 MWRAL MWRA LLP 1,500.0 300.0 300.0 300.0 300.0 300.0 42 WR IWATER REVENUE 1 1,000.0 200.01 200.0 1 200.0 200.01 200. 44 VU GRAND TOTAL--� 3'RP I 550.61 210.01 140.0 Q.0 1 330.01 � , b _ _ U. - ENTERPRISE FUNDS b7,5bb. 4,210.01 4,910.0 4,3��.b d,610.0 39, b. 1 FY 2023-2027 CIP ENTERPRISE FUND DEBT PROJECTION A B C D E F G 1 FY'23 FY'24 FY'25 FY'26 FY'27 2 SEWER PERMANENT DEBT 3 FY14 Refunding Bond Issue(May 14) 4 Prin(675,000)-DPW Building $ 67,500 $ 67,500 $ - $ - $ - 5 L/T Int $ 5,063 $ 1,688 $ - $ - $ - 6 Subtotal $ 72,563 $ 69,188 $ - $ - $ - 7 8 FY 18 Bond(January 18) 9 Prin(565,550) -Various Equipment $ 60,000 $ 50,000 $ 50,000 $ 45,000 $ 45,000 10 L/T Int $ 11,800 $ 9,400 $ 7,400 $ 5,400 $ 3,600 11 Subtotal $ 71,800 $ 59,400 $ 57,400 $ 50,400 $ 48,600 12 13 FY 18 Bond(February 18) 14 Prin(288,200)-MWRA $ 57,640 $ - $ - $ - $ - 15 L/T Int (0%) $ - $ - $ - $ - $ - 16 Subtotal $ 57,640 $ - $ - $ - $ - 17 18 FY18 Bond(March 19) 19 Prin(262,500)-MWRA $ 26,250 $ 26,250 $ 26,250 $ 26,250 $ 26,250 20 L/T Int (0%) $ - $ - $ - $ - $ - 21 Subtotal $ 26,250 $ 26,250 $ 26,250 $ 26,250 $ 26,250 22 23 FY 19 Bond(June 19) 24 Prin(139,000) -Various Equipment $ 15,000 $ 15,000 $ 15,000 $ 15,000 $ 15,000 25 L/T Int $ 4,500 $ 3,750 $ 3,000 $ 2,250 $ 1,500 26 Subtotal $ 19,500 $ 18,750 $ 18,000 $ 17,250 $ 16,500 27 28 FY19 Bond(December 19) 29 Prin(262,500)-MWRA $ 26,250 $ 26,250 $ 26,250 $ 26,250 $ 26,250 30 L/T Int (0%) $ - $ - $ - $ - $ - ST Subtotal $ 26,250 $ 26,250 $ 26,250 $ 26,250 $ 26,250 32 33 FY20 Bond(June 21) 34 Prin(262,500)-MWRA $ 26,250 $ 26,250 $ 26,250 $ 26,250 $ 26,250 35 L/T Int (0%) $ - $ - $ - $ - $ - 36 Subtotal $ 26,250 $ 26,250 $ 26,250 $ 26,250 $ 26,250 37 38 SEWER PERMANENT DEBT 39 Prin $ 278,890 $ 211,250 $ 143,750 $ 138,750 $ 138,750 40 L/T Int $ 21,363 $ 14,838 $ 10,400 $ 7,650 $ 5,100 41 TOTAL SEWER PERMANENT DEBT I $ 300,2531 $ 226,088 1 $ 154,150 1 $ 146,4001 $ 143,850 42 43 SEWER AUTHORIZED UNISSUED DEBT 44 FY18 Bond(June 18) 45 Prin(160,000)See schedule $ 16,000 $ 16,000 $ 16,000 $ 16,000 $ 16,000 46 L/T Int (4.5%) $ 6,480 $ 5,760 $ 5,040 $ 4,320 $ 3,600 47 Subtotal $ 22,480 $ 21,760 $ 21,040 $ 20,320 $ 19,600 48 FY 2023-2027 CIP ENTERPRISE FUND DEBT PROJECTION A B I C I D E F G 1 FY'23 FY'24 FY'25 FY'26 FY'27 49 Prin $ 16,000 $ 16,000 $ 16,000 $ 16,000 $ 16,000 50 L/T Int $ 6,480 $ 5,760 $ 5,040 $ 4,320 $ 3,600 51 TOTAL SEWER AUTHORIZED UNISSUED DEBT 1 $ 22,4801 $ 21,760 1 $ 21,040 1 $ 20,320 1 $ 19,600 52 53 SEWER PLANNED DEBT 54 FY19 Bond(June 21) 55 Prin(270,000)-Heavy Crane $ 27,000 $ 27,000 $ 27,000 $ 27,000 $ 27,000 56 L/T Int (0%) $ 12,150 $ 10,935 $ 9,720 $ 8,505 $ 7,290 57 Subtotal $ 39,150 $ 37,935 $ 36,720 $ 35,505 34,290 58 59 FY21 Bond(June 21) 60 Prin(262,500)-MWRA $ 26,250 $ 26,250 $ 26,250 $ 26,250 $ 26,250 61 L/T Int (0%) $ - $ - $ - $ - $ - 62 Subtotal $ 26,250 $ 26,250 $ 26,250 $ 26,250 $ 26,250 63 64 FY22 Bond(June 22) 65 Prin(1,000,000)-See Schedule $ 100,000 $ 100,000 $ 100,000 $ 100,000 $ 100,000 66 L/T int (4.5%) $ 45,000 $ 40,500 $ 36,000 $ 31,500 $ 27,000 7T Subtotal $ 145,000 $ 140,500 $ 136,000 $ 131,500 127,000 68 69 FY22 Bond(June 22) 70 Prin(262,500)-MWRA $ 26,250 $ 26,250 $ 26,250 $ 26,250 $ 26,250 71 L/T Int (0%) $ - $ - $ - $ - $ - 72 Subtotal $ 26,250 $ 26,250 $ 26,250 $ 26,250 $ 26,250 73 74 FY23 Bond(June 23) 75 Prin(750,000)-See Schedule $ - $ 75,000 $ 75,000 $ 75,000 $ 75,000 76 L/T Int (4.5%) $ - $ 33,750 $ 30,375 $ 27,000 $ 23,625 77 Subtotal $ - $ 108,750 $ 105,375 $ 102,000 98,625 78 79 FY23 Bond(June 23) 80 Prin(1,050,000)-MWRA $ - $ 105,000 $ 105,000 $ 105,000 $ 105,000 81 L/T Int (0%) $ - $ - $ - $ - $ - 82 Subtotal $ - $ 105,000 $ 105,000 $ 105,000 $ 105,000 83 84 FY24 Bond(June 24) 85 Prin(1,370,000)-See Schedule $ - $ - $ 137,000 $ 137,000 $ 137,000 86 L/T Int (4.5%) $ - $ - $ 61,650 $ 55,485 $ 49,320 7T Subtotal $ - $ - $ 198,650 $ 192,485 $ 186,320 88 89 FY24 Bond(June 24) 90 Prin(1,050,000)-MWRA $ - $ - $ 105,000 $ 105,000 $ 105,000 91 L/T Int (0%) $ - $ - $ - $ - $ - 92 Subtotal $ - $ - $ 105,000 $ 105,000 $ 105,000 93 94 FY25 Bond(June 25) 95 Prin(920,000)-See Schedule $ - $ - $ - $ 92,000 $ 92,000 96 L/T Int (4.5%) $ - $ - $ - $ 41,400 $ 37,260 97 Subtotal $ - $ - $ - $ 133,400 $ 129,260 98 99 FY25 Bond(June 25) 100 Prin(1,050,000)-MWRA $ - $ - $ - $ 105,000 $ 105,000 101 L/T Int (0%) $ - $ - $ - $ - $ - 102 Subtotal $ - $ - $ - $ 105,000 $ 105,000 FY 2023-2027 CIP ENTERPRISE FUND DEBT PROJECTION A B C D E F G 1 FY'23 FY'24 FY'25 FY'26 FY'27 103 104 FY26 Bond(June 26) 105 Prin(880,000)-See Schedule $ - $ - $ - $ - $ 88,000 106 L/T Int (4.5%) $ - $ - $ - $ - $ 39,600 107 Subtotal $ - $ - $ - $ - $ 127,600 108 109 SEWER PLANNED DEBT 110 Prin $ 179,500 $ 359,500 $ 601,500 $ 798,500 $ 886,500 111 L/T Int $ 57,150 $ 85,185 $ 137,745 $ 163,890 $ 184,095 112 TOTAL SEWER PLANNED DEBT I $ 236,6501 $ 444,6851 $ 739,2451 $ 962,390 1 $ 1,070,595 113 114 SEWER PERMANENT,AUTH. UNISSUED AND PLANNED DEBT 115 Prin $ 474,390 $ 586,750 $ 761,250 $ 953,250 $ 1,041,250 116 L/T Int $ 84,993 $ 105,783 $ 153,185 $ 175,860 $ 192,795 117 TOTAL SEWER PERMANENT,AUTH.UNISSUED AND PLANNED DEBT $ 559,383 $ 692,533 1 $ 914,4351 $ 1,129,110 1 $ 1,234,045 118 119 WATER PERMANENT DEBT 120 FYI Bond(June 13) 121 Prin(1,500,000)-MWRA $ 150,000 $ - $ - $ - $ - 122 L/T Int $ - $ - $ - $ - $ - 123 Subtotal $ 150,000 $ - $ - $ - $ - 124 125 FY14 Refunding Bond Issue(May 14) 126 Prin(675,000)-DPW Building $ 67,500 $ 67,500 $ - $ - $ - 127 L/T Int $ 5,063 $ 1,688 $ - $ - $ - 128 Subtotal $ 72,563 $ 69,188 $ - $ - $ - 129 130 FY15 Bond(August 15) 131 Prin(900,000)MWRA LWSAP $ 50,000 $ 50,000 $ 50,000 $ 50,000 $ - 132 L/T I nt $ - $ - $ - $ - $ - 133 Subtotal $ 50,000 $ 50,000 $ 50,000 $ 50,000 $ - 134 135 FY15 Bond(April 16) 136 Prin(140,000)See Schedule $ 15,000 $ 15,000 $ 15,000 $ - $ - 137 L/T Int $ 1,350 $ 900 $ 450 $ - $ - 138 Subtotal $ 16,350 $ 15,900 $ 15,450 $ - $ - 139 140 FY 16 Bond(November 16) 141 Prin(500,000)MWRA LWSAP $ 50,000 $ 50,000 $ 50,000 $ 50,000 $ 50,000 142 L/T Int (0%) $ - $ - $ - $ - $ - 143 Subtotal $ 50,000 $ 50,000 $ 50,000 $ 50,000 $ 50,000 144 145 FY 18 Bond(January 18) 146 Prin(164,450) -Backhoe $ 15,000 $ 15,000 $ 15,000 $ 15,000 $ 15,000 147 L/T Int $ 3,600 $ 3,000 $ 2,400 $ 1,800 $ 1,200 148 Subtotal $ 18,600 $ 18,000 $ 17,400 $ 16,800 $ 16,200 149 150 FY 18 Bond(February 18) 151 Prin(478,000)-MWRA $ 47,800 $ 47,800 $ 47,800 $ 47,800 $ 47,800 152 L/T Int (0%) $ - $ - $ - $ - $ - 153 Subtotal $ 47,800 $ 47,800 $ 47,800 $ 47,800 $ 47,800 154 155 156 FY 2023-2027 CIP ENTERPRISE FUND DEBT PROJECTION A B C D E F G 1 FY'23 FY'24 FY'25 FY'26 FY'27 157 FY18 Bond(March 19) 158 Prin(500,000)MWRA LWSAP $ 50,000 $ 50,000 $ 50,000 $ 50,000 $ 50,000 159 L/T Int (0%) $ - $ - $ - $ - $ - 160 Subtotal $ 50,000 $ 50,000 $ 50,000 $ 50,000 $ 50,000 161 162 FY 19 Bond(June 19) 163 Prin(181,500) -Various Equipment $ 20,000 $ 20,000 $ 20,000 $ 20,000 $ 15,000 164 L/T Int $ 6,000 $ 5,000 $ 4,000 $ 3,000 $ 2,000 1 55 Subtotal $ 26,000 $ 25,000 $ 24,000 $ 23,000 $ 17,000 166 167 FY19 Bond(February 20) 168 Prin(500,000)-MWRA $ 50,000 $ 50,000 $ 50,000 $ 50,000 $ 50,000 169 L/T Int (0%) $ - $ - $ - $ - $ - 170 Subtotal $ 50,000 $ 50,000 $ 50,000 $ 50,000 $ 50,000 171 172 FY20 Bond(June 21) 173 Prin(500,000)-MWRA $ 50,000 $ 50,000 $ 50,000 $ 50,000 $ 50,000 174 L/T Int (0%) $ - $ - $ - $ - $ - 175 Subtotal $ 50,000 $ 50,000 $ 50,000 $ 50,000 $ 50,000 176 177 FY20 Bond(June 21) 178 Prin(600,000)-MWRA $ 60,000 $ 60,000 $ 60,000 $ 60,000 $ 60,000 179 L/T Int (0%) $ - $ - $ - $ - $ - 180 Subtotal $ 60,000 $ 60,000 $ 60,000 $ 60,000 $ 60,000 181 182 FY21 Bond(October 21) 183 Prin(4,733,900)See Schedule $ 426,500 $ 425,000 $ 425,000 $ 420,000 $ 420,000 184 L/T Int (4.5%) $ 203,798 $ 189,500 $ 168,250 $ 147,000 $ 126,000 185 Subtotal $ 630,298 $ 614,500 $ 593,250 $ 567,000 $ 546,000 186 187 188 WATER PERMANENT DEBT 189 Prin $ 1,051,800 $ 900,300 $ 832,800 $ 812,800 $ 757,800 190 L/T Int $ 219,811 $ 200,088 $ 175,100 $ 151,800 $ 129,200 191 TOTAL WATER PERMANENT DEBT $ 1,271,611 $ 1,100,388 $ 1,007,900 $ 964,600 $ 887,000 192 193 WATER AUTHORIZED UNISSUED DEBT 194 FY18 Bond(June 18) 195 Prin(210,000)See Schedule $ 21,000 $ 21,000 $ 21,000 $ 21,000 $ 21,000 196 L/T Int (4.5%) $ 9,450 $ 8,505 $ 7,560 $ 6,615 $ 5,670 197 Subtotal $ 30,450 $ 29,505 $ 28,560 $ 27,615 $ 26,670 198 199 WATER AUTHORIZED UNISSUED DEBT 200 Prin $ 21,000 $ 21,000 $ 21,000 $ 21,000 $ 21,000 201 L/T Int $ 9,450 $ 8,505 $ 7,560 $ 6,615 $ 5,670 202 TOTAL WATER AUTHORIZED UNISSUED DEBT I $ 30,4501 $ 29,5051 $ 28,560 1 $ 27,6151 $ 26,670 203 204 WATER PLANNED BOND DEBT 205 FY21 Bond(June 21) 206 Prin(800,000)MWRA LWSAP&LLP $ 80,000 $ 80,000 $ 80,000 $ 80,000 $ 80,000 207 L/T Int (0%) $ - $ - $ - $ - $ - 208 Subtotal $ 80,000 $ 80,000 $ 80,000 $ 80,000 $ 80,000 209 FY 2023-2027 CIP ENTERPRISE FUND DEBT PROJECTION A B C D E F G 1 FY'23 FY'24 FY'25 FY'26 FY'27 210 FY22 Bond(June 22) 211 Prin(800,000)MWRA LWSAP&LLP $ 80,000 $ 80,000 $ 80,000 $ 80,000 $ 80,000 212 L/T Int (0%) $ - $ - $ - $ - $ - 213 Subtotal $ 80,000 $ 80,000 $ 80,000 $ 80,000 $ 80,000 215 FY23 Bond(June 23) 216 Prin(800,000)MWRA LWSAP&LLP $ - $ 80,000 $ 80,000 $ 80,000 $ 80,000 217 L/T Int (0%) $ - $ - $ - $ - $ - 218 Subtotal $ - $ 80,000 $ 80,000 $ 80,000 $ 80,000 220 FY23 Bond(June 23) 221 Prin(60,000)Truck $ - $ 12,000 $ 12,000 $ 12,000 $ 12,000 222 L/T Int (4.5.%) $ - $ 2,700 $ 2,160 $ 1,620 $ 1,080 223 Subtotal $ - $ 14,700 $ 14,160 $ 13,620 $ 13,080 224 225 FY24 Bond(June 24) 226 Prin(800,000)MWRA LWSAP&LLP $ - $ - $ 80,000 $ 80,000 $ 80,000 227 L/T Int (0%) $ - $ - $ - $ - $ - 228 Subtotal $ - $ - $ 80,000 $ 80,000 $ 80,000 229 230 FY24 Bond(June 24) 231 Prin(140,000)Truck $ - $ - $ 14,000 $ 14,000 $ 14,000 232 L/T Int (4.5.%) $ - $ - $ 6,300 $ 5,670 $ 5,040 233 Subtotal $ - $ - $ 20,300 $ 19,670 19,040 234 235 FY25 Bond(June 25) 236 Prin(800,000)MWRA LWSAP&LLP $ - $ - $ - $ 80,000 $ 80,000 237 L/T Int (0%) $ - $ - $ - $ - $ - 238 Subtotal $ - $ - $ - $ 80,000 $ 80,000 239 240 FY26 Bond(June 26) 241 Prin(800,000)MWRA LWSAP&LLP $ - $ - $ - $ - $ 80,000 242 L/T Int (0%) $ - $ - $ - $ - $ - 243 Subtotal $ - $ - $ - $ - $ 80,000 244 245 FY26 Bond(June 26) 246 Prin(330,000)2 Trucks $ - $ - $ - $ - $ 33,000 247 L/T Int (4.5.%) $ - $ - $ - $ - $ 14,850 248 Subtotal $ - $ - $ - $ - $ 47,850 249 250 WATER PLANNED DEBT 251 Prin $ 160,000 $ 252,000 $ 346,000 $ 426,000 $ 539,000 252 L/T Int $ - $ 2,700 $ 8,460 $ 7,290 $ 20,970 253 TOTAL WATER PLANNED DEBT $ 160,000 1 $ 254,700 1 $ 354,460 1 $ 433,2901 $ 559,970 254 255 WATER PERMANENT,AUTH. UNISSUED AND PLANNED DEBT 256 Prin $ 1,232,800 $ 1,173,300 $ 1,199,800 $ 1,259,800 $ 1,317,800 257 L/T Int $ 229,261 $ 211,293 $ 191,120 $ 165,705 $ 155,840 258 TOTAL WATER PERMANENT,AUTH.UNISSUED AND PLANNED DEBT $ 1,462,061 $ 1,384,593 $ 1,390,920 $ 1,425,505 1 $ 1,473,640 259 260 TOTAL WATER AND SEWER DEBT 261 Long Term Principal $ 1,707,190 $ 1,760,050 $ 1,961,050 $ 2,213,050 $ 2,359,050 262 Long Term Interest $ 314,253 $ 317,075 $ 344,305 $ 341,565 $ 348,635 263 TOTAL WATER AND SEWER DEBT $ 2,021,443 1 $ 2,077,125 1 $ 2,305,355 1 $ 2,554,615 1 $ 2,707,685 CITY OF WATERTOWN — Mo.- 163U • SUBMITTED GENERAL FUND BUDGET FISCAL YEAR 2022-2023 GENERAL FUND - TABLE OF CONTENTS Page Department Page Department 1 City Council 26 DPW - Snow & Ice 2 City Manager 27 DPW - Street lighting 3 City Auditor 28 DPW - Waste Disposal 4 Purchasing 29 DPW - Cemetery 5 Assessors 30 DPW - Property & Buildings 6 Treasurer-Collector 31 DPW- Forestry 7 Attorney 32 DPW - Parks 8 Personnel 33 Health 9 Information Technology 34 Council on Aging 10 Clerk 35 Veterans 11 Elections 36 Library 12 Community Development & Planning 38 Recreation 13 Parking Lots & Meters 39 Skating Arena 14 Public Buildings 40 Debt Retirement 16 Police 41 State & County Charges 19 Fire 42 Retirement Benefits 22 Emergency Management 43 Insurance & Employee Benefits 23 DPW - Administration 44 Transfers/Capital Projects 24 DPW - Central Motors 45 Other Financing Use 25 DPW - Highway 46 Comparison CITY OF WATERTOWN NEXT YEAR BUDGET COMPARISON REPORT FY 2023 FY 2023 FY 2022 FY 2022 LEVEL ADDITIONAL FY 2021 ORIGINAL REVISED SERVICE FUNDING MANAGER ACTUAL BUDGET BUDGET BUDGET REQUESTS RECOMMENDS 0111151 CITY COUNCIL PERSONNEL 0111151 510111 FULL TIME SALARIES $ 32,981 $ 33,643 $ 33,643 $ 33,643 $ 33,643 0111151 510112 PART TIME SALARIES $ 798 $ 2,963 $ 2,963 $ 2,963 $ 2,963 0111151 510113 ELECTED OFFICIALS $ 69,250 $ 70,500 $ 70,500 $ 70,500 $ 70,500 0111151 510143 LONGEVITY $ 625 $ 1,075 $ 1,075 $ 1,075 $ 1,075 TOTAL CITY COUNCIL PERSONNEL $ 103,654 $ 108,181 $ 108,181 $ 108,181 $ - $ 108,181 0111152 CITY COUNCIL EXPENSES 0111152 530301 ADVERTISING. $ 4,264 $ 4,500 $ 4,500 $ 10,000 $ 10,000 0111152 540421 OFFICE SUPPLIES $ 1,818 $ 2,000 $ 2,000 $ 2,000 $ 2,000 0111152 570730 DUES&SUBCRIPT. $ 8,183 $ 9,000 $ 9,000 $ 9,000 $ 9,000 0111152 570780 RESERVE FUND $ - $ 1,177,000 $ 1,960,990 $ 2,152,000 $ 2,152,000 0111152 570782 CITY CELEBRATIONS $ 3,634 $ 4,000 $ 4,000 $ 4,000 $ 4,000 0111152 570783 INAUGURAL EXPENSES $ - $ 7,000 $ 7,000 $ - $ - 0111152 570785 COUNCILOR'S EXPENSES $ 2,700 $ 2,700 $ 2,700 $ 2,700 $ 2,700 0111152 590966 TR TO OTHER FUNDS $ 19,000 $ 20,000 $ 20,000 $ 22,000 $ 22,000 TOTAL CITY COUNCIL EXPENSES $ 39,600 $ 1,226,200 $ 2,010,190 $ 2,201,700 $ - $ 2,201,700 TOTAL CITY COUNCIL $ 143,254 $ 1,334,381 $ 2,118,371 $ 2,309,881 $ - $ 2,309,881 Pagel CITY OF WATERTOWN NEXT YEAR BUDGET COMPARISON REPORT FY 2023 FY 2023 FY 2022 FY 2022 LEVEL ADDITIONAL FY 2021 ORIGINAL REVISED SERVICE FUNDING MANAGER ACTUAL BUDGET BUDGET BUDGET REQUESTS RECOMMENDS 0112351 CITY MANAGER PERSONNEL 0112351 510111 FULL TIME SALARIES $ 341,846 $ 484,379 $ 496,370 $ 500,356 $ 500,356 0112351 510143 LONGEVITY $ 5,402 $ 6,050 $ 6,050 $ 6,050 $ 6,050 0112351 510150 MGMT SALARY ADJUSTMENTS $ - $ 66,044 $ 5,504 $ 76,637 $ 76,637 0112351 510151 ASST. CITY MANAGER STIPEND $ 30,000 $ 33,000 $ 33,000 $ 33,000 $ 33,000 0112351 510168 OTHER EMPLOYEE BENEFITS $ 3,978 $ 4,000 $ 4,000 $ 4,000 $ 4,000 0112351 511111 PRIOR YEAR FULL TIME $ 7,558 TOTAL CITY MANAGER PERSONNEL $ 381,226 $ 593,473 $ 552,482 $ 620,043 $ - $ 620,043 0112352 CITY MANAGER EXPENSES 0112352 530343 CITY REPORT $ 8,980 $ 9,625 $ 9,625 $ 9,750 $ 9,750 0112352 540421 OFFICE SUPPLIES $ 586 $ 870 $ 870 $ 870 $ 870 0112352 540422 PRINTING& FORMS $ 163 $ 500 $ 500 $ 500 $ 500 0112352 570710 IN STATE TRAVEL $ - $ 200 $ 200 $ 200 $ 200 0112352 570730 DUES&SUBCRIPT. $ 1,919 $ 1,950 $ 1,950 $ 1,950 $ 1,950 0112352 570785 COMMITTEE EXPENSES $ 2,917 $ 3,000 $ 3,000 $ 3,500 $ 3,500 0112352 570787 STAFF DEVELOPMENT $ 85 $ 3,500 $ 3,500 $ 5,000 $ 5,000 TOTAL CITY MANAGER EXPENSES $ 14,650 $ 19,645 $ 19,645 $ 21,770 $ - $ 21,770 TOTAL CITY MANAGER $ 395,875 $ 613,118 $ 572,127 $ 641,813 $ - $ 641,813 Page 2 CITY OF WATERTOWN NEXT YEAR BUDGET COMPARISON REPORT FY 2023 FY 2023 FY 2022 FY 2022 LEVEL ADDITIONAL FY 2021 ORIGINAL REVISED SERVICE FUNDING MANAGER ACTUAL BUDGET BUDGET BUDGET REQUESTS RECOMMENDS 0113551 CITY AUDITOR PERSONNEL 0113551 510111 FULL TIME SALARIES $ 340,855 $ 447,027 $ 444,014 $ 464,825 $ 464,825 0113551 510130 OVERTIME $ 1,500 $ 1,500 $ 4,500 $ 3,000 $ 3,000 0113551 510143 LONGEVITY $ 5,108 $ 5,275 $ 5,288 $ 6,650 $ 6,650 0113551 511111 PRIOR YEAR FULL TIME $ 9,055 $ - $ - TOTAL CITY AUDITOR PERSONNEL $ 356,518 $ 453,802 $ 453,802 $ 474,475 $ - $ 474,475 0113552 CITY AUDITOR EXPENSES 0113552 530302 ACCOUNTING AND AUDIT $ 95,000 $ 105,000 $ 105,000 $ 110,000 $ 110,000 0113552 540421 OFFICE SUPPLIES $ 900 $ 1,000 $ 1,000 $ 1,000 $ 1,000 0113552 540422 PRINTING& FORMS $ 750 $ 750 $ 750 $ 750 $ 750 0113552 570710 IN STATE TRAVEL $ 83 $ 150 $ 150 $ 200 $ 200 0113552 570730 DUES&SUBCRIPT. $ 135 $ 750 $ 750 $ 825 $ 825 0113552 570786 CONFERENCE EXPENSES $ 2,000 $ 3,000 $ 3,000 $ 5,000 $ 5,000 TOTAL CITY AUDITOR EXPENSES $ 98,868 $ 110,650 $ 110,650 $ 117,775 $ - $ 117,775 TOTAL CITY AUDITOR $ 455,386 $ 564,452 $ 564,452 $ 592,250 $ - $ 592,250 Page 3 CITY OF WATERTOWN NEXT YEAR BUDGET COMPARISON REPORT FY 2023 FY 2023 FY 2022 FY 2022 LEVEL ADDITIONAL FY 2021 ORIGINAL REVISED SERVICE FUNDING MANAGER ACTUAL BUDGET BUDGET BUDGET REQUESTS RECOMMENDS 0113851 PURCHASING PERSONNEL 0113851 510111 FULL TIME SALARIES $ 132,858 $ 141,058 $ 141,058 $ 151,258 $ 151,258 0113851 510130 OVERTIME $ - $ 500 $ 500 $ 750 $ 750 0113851 510143 LONGEVITY $ - $ - $ - $ 1,575 $ 1,575 0113851 511111 PRIOR YEAR FULL TIME $ 1,129 $ - TOTAL PURCHASING PERSONNEL $ 133,987 $ 141,558 $ 141,558 $ 153,583 $ - $ 153,583 0113852 PURCHASING EXPENSES 0113852 520240 EQUIPMENT MAINT. $ 11,500 $ 13,000 $ 13,000 $ 17,000 $ 17,000 0113852 530301 ADVERTISING $ 5,000 $ 5,000 $ 5,000 $ 10,000 $ 10,000 0113852 530342 POSTAGE $ 92,000 $ 107,000 $ 107,000 $ 121,438 $ 121,438 0113852 540421 OFFICE SUPPLIES $ 8,742 $ 9,000 $ 9,000 $ 9,000 $ 9,000 0113852 540422 PRINTING& FORMS $ 1,893 $ 2,000 $ 2,000 $ 2,000 $ 2,000 0113852 540426 PHOTOCOPY SUPPLIES $ 7,918 $ 8,000 $ 8,000 $ 10,000 $ 10,000 0113852 570710 IN STATE TRAVEL $ - $ 500 $ 500 $ 500 $ 500 0113852 570730 DUES&SUBCRIPT. $ 482 $ 500 $ 500 $ 500 $ 500 0113852 570786 CONFERENCE EXPENSES $ - $ - $ - $ 500 $ 500 TOTAL PURCHASING EXPENSES $ 127,536 $ 145,000 $ 145,000 $ 170,938 $ - $ 170,938 0113858 PURCHASING CAPITAL 0113858 580870 REPLACE OF EQUIPMENT $ 17,964 $ 23,000 $ 23,000 $ 25,000 $ 25,000 TOTAL PURCHASING CAPITAL $ 17,964 $ 23,000 $ 23,000 $ 25,000 $ - $ 25,000 TOTAL PURCHASING $ 279,487 $ 309,558 $ 309,558 $ 349,521 $ - $ 349,521 Page 4 CITY OF WATERTOWN NEXT YEAR BUDGET COMPARISON REPORT FY 2023 FY 2023 FY 2022 FY 2022 LEVEL ADDITIONAL FY 2021 ORIGINAL REVISED SERVICE FUNDING MANAGER ACTUAL BUDGET BUDGET BUDGET REQUESTS RECOMMENDS 0114151 CITY ASSESSORS PERSONNEL 0114151 510111 FULL TIME SALARIES $ 289,992 $ 310,600 $ 317,683 $ 329,049 $ 329,049 0114151 510114 PT ASSESSORS $ 9,579 $ 10,150 $ 10,150 $ 10,150 $ 10,150 0114151 510130 OVERTIME $ - $ 1,000 $ 1,000 $ 1,000 $ 1,000 0114151 510143 LONGEVITY $ 1,075 $ 2,150 $ 2,150 $ 2,250 $ 2,250 0114151 510190 CLOTHING $ 275 $ 300 $ 300 0114151 511111 PRIOR YEAR FULL TIME $ 3,438 $ - $ - TOTAL CITY ASSESSORS PERSONNEL $ 304,359 $ 324,200 $ 331,283 $ 342,449 $ - $ 342,449 0114152 CITY ASSESSORS EXPENSES 0114152 530304 MAPS&CHARTS $ 1,500 $ 1,500 $ 1,500 $ 15,000 $ 15,000 0114152 530310 REVALUATION $ 25,000 $ 25,000 $ 25,000 $ 25,000 $ 25,000 0114152 530311 PERSONAL PROPERTY MAINT. $ 20,000 $ 27,000 $ 27,000 $ 32,500 $ 32,500 0114152 530312 REINSPECTION $ 15,000 $ 15,000 $ 15,000 $ 12,500 $ 12,500 0114152 530313 DEED TRANSFER $ - $ 600 $ 600 $ 600 $ 600 0114152 540421 OFFICE SUPPLIES $ 1,496 $ 1,500 $ 1,500 $ 1,500 $ 1,500 0114152 540422 PRINTING& FORMS $ 2,000 $ 2,000 $ 2,000 $ 2,000 $ 2,000 0114152 570710 IN STATE TRAVEL $ - $ 100 $ 100 $ 100 $ 100 0114152 570730 DUES&SUBCRIPT. $ 5,253 $ 6,600 $ 6,600 $ 6,600 $ 6,600 0114152 570784 APPELATE TAX BOARD $ 7,500 $ 7,500 $ 7,500 $ 7,500 $ 7,500 0114152 570786 CONFERENCE EXPENSES $ 925 $ 1,200 $ 1,200 $ 1,200 $ 1,200 TOTAL CITY ASSESSORS EXPENSES $ 78,674 $ 88,000 $ 88,000 $ 104,500 $ - $ 104,500 TOTAL CITY ASSESSOR $ 383,033 $ 412,200 $ 419,283 $ 446,949 $ - $ 446,949 Page 5 CITY OF WATERTOWN NEXT YEAR BUDGET COMPARISON REPORT FY 2023 FY 2023 FY 2022 FY 2022 LEVEL ADDITIONAL FY 2021 ORIGINAL REVISED SERVICE FUNDING MANAGER ACTUAL BUDGET BUDGET BUDGET REQUESTS RECOMMENDS 0114551 TREAS./COLLECTOR PERSONNEL 0114551 510111 FULL TIME SALARIES $ 210,900 $ 338,664 $ 343,091 $ 327,564 $ 327,564 0114551 510112 PART TIME SALARIES $ 16,737 $ 26,657 $ 26,657 $ 26,658 $ 26,658 0114551 510130 OVERTIME $ 3,739 $ 6,000 $ 6,000 $ 6,000 $ 6,000 0114551 510143 LONGEVITY $ 2,112 $ 2,363 $ 2,413 $ 1,575 $ 1,575 0114551 511111 PRIOR YEAR FULL TIME $ 2,958 TOTAL TREAS./COLLECTOR PERSONNEL $ 236,445 $ 373,684 $ 378,161 $ 361,797 $ - $ 361,797 0114552 TREAS./COLLECTOR EXPENSES 0114552 520240 EQUIPMENT MAINTENANCE $ 1,300 $ 1,300 $ 1,300 $ 1,300 $ 1,300 0114552 520247 OFFICE EQUIPMENT $ 1,200 $ 2,000 $ 2,000 $ 1,500 $ 1,500 0114552 530303 CONTRACTED SERVICES $ 15,000 $ 15,000 $ 15,000 $ 15,000 0114552 530305 COLLECTION SERVICES $ 15,000 $ 15,000 $ 15,000 $ 15,000 $ 15,000 0114552 530306 BANK SERVICES $ 12,000 $ 18,000 $ 18,000 $ 18,000 $ 18,000 0114552 540421 OFFICE SUPPLIES $ 1,500 $ 1,500 $ 1,500 $ 1,500 $ 1,500 0114552 540422 PRINTING& FORMS $ 23,000 $ 23,000 $ 23,000 $ 23,000 $ 23,000 0114552 570710 IN STATE TRAVEL $ - $ 450 $ 450 $ 450 $ 450 0114552 570730 DUES&SUBCRIPT. $ 933 $ 1,500 $ 1,500 $ 1,050 $ 1,050 0114552 570786 CONFERENCE EXPENSES $ 3,100 $ 3,100 $ 3,100 $ 3,100 $ 3,100 TOTAL TREAS./COLLECTOR EXPENSES $ 58,033 $ 80,850 $ 80,850 $ 79,900 $ - $ 79,900 TOTAL TREASURER/COLLECTOR $ 294,477 $ 454,534 $ 459,011 $ 441,697 $ - $ 441,697 Page 6 CITY OF WATERTOWN NEXT YEAR BUDGET COMPARISON REPORT FY 2023 FY 2023 FY 2022 FY 2022 LEVEL ADDITIONAL FY 2021 ORIGINAL REVISED SERVICE FUNDING MANAGER ACTUAL BUDGET BUDGET BUDGET REQUESTS RECOMMENDS 0115152 CITY ATTORNEY EXPENSES 0115152 530309 LITIGATION $ 209,759 $ 210,000 $ 210,000 $ 210,000 $ 210,000 TOTAL CITY ATTORNEY EXPENSES $ 209,759 $ 210,000 $ 210,000 $ 210,000 $ - $ 210,000 TOTAL CITY ATTORNEY $ 209,759 $ 210,000 $ 210,000 $ 210,000 $ - $ 210,000 Page 7 CITY OF WATERTOWN NEXT YEAR BUDGET COMPARISON REPORT FY 2023 FY 2023 FY 2022 FY 2022 LEVEL ADDITIONAL FY 2021 ORIGINAL REVISED SERVICE FUNDING MANAGER ACTUAL BUDGET BUDGET BUDGET REQUESTS RECOMMENDS 0115251 PERSONNEL SALARIES 0115251 510111 FULL TIME SALARIES $ 164,978 $ 167,748 $ 169,741 $ 226,819 $ 226,819 0115251 510112 PART TIME SALARIES $ 28,496 $ 67,849 $ 67,849 $ 12,000 $ 12,000 0115251 510143 LONGEVITY $ 3,700 $ 3,700 $ 3,700 $ 4,000 $ 4,000 0115251 511112 PRIOR YEAR PART TIME $ 675 TOTAL PERSONNEL SALARIES $ 197,849 $ 239,297 $ 241,290 $ 242,819 $ - $ 242,819 0115252 PERSONNEL EXPENSES 0115252 520240 EQUIPMENT MAINTENANCE $ - $ 90 $ 90 $ 90 $ 90 0115252 520247 OFFICE EQUIPMENT $ - $ 550 $ 550 $ 2,050 $ 2,050 0115252 530301 ADVERTISING $ 2,865 $ 4,500 $ 4,500 $ 9,000 $ 9,000 0115252 530303 CONTRACTED SERVICES $ 28,820 $ 31,310 $ 31,310 $ 31,425 $ 31,425 0115252 530315 MEDICAL TESTING $ 22,202 $ 25,000 $ 25,000 $ 25,160 $ 25,160 0115252 540421 OFFICE SUPPLIES $ 98 $ 300 $ 300 $ 300 $ 300 0115252 540422 PRINTING AND FORMS $ - $ 300 $ 300 $ 300 $ 300 0115252 570710 IN STATE TRAVEL $ - $ 150 $ 150 $ 150 $ 150 0115252 570730 DUES&SUBCRIPT. $ 494 $ 525 $ 525 $ 550 $ 550 0115252 570786 CONFERENCE EXPENSES $ 95 $ 275 $ 275 $ 275 $ 275 0115252 570787 STAFF DEVELOPMENT $ 7,000 $ 7,000 $ 7,000 $ 7,000 $ 7,000 TOTAL PERSONNEL EXPENSES $ 61,574 $ 70,000 $ 70,000 $ 76,300 $ - $ 76,300 TOTAL PERSONNEL $ 259,423 $ 309,297 $ 311,290 $ 319,119 $ - $ 319,119 Page 8 CITY OF WATERTOWN NEXT YEAR BUDGET COMPARISON REPORT FY 2023 FY 2023 FY 2022 FY 2022 LEVEL ADDITIONAL FY 2021 ORIGINAL REVISED SERVICE FUNDING MANAGER ACTUAL BUDGET BUDGET BUDGET REQUESTS RECOMMENDS 0115551 INFORMATION TECHNOLOGY PERSONNEL 0115551 510111 FULL TIME SALARIES $ 232,484 $ 519,965 $ 525,030 $ 529,066 $ 529,066 0115551 510112 PART TIME SALARIES $ 36,119 $ 37,200 $ 37,200 $ - $ - 0115551 510143 LONGEVITY $ 2,409 $ 2,950 $ 2,950 $ 2,950 $ 2,950 0115551 511111 PRIOR YEAR FULL TIME $ 1,953 TOTAL INFORMATION TECHNOLOGY PERSONNEL $ 272,965 $ 560,115 $ 565,180 $ 532,016 $ - $ 532,016 0115552 INFORMATION TECHNOLOGY EXPENSES 0115552 520244 COMPUTER MAINTENANCE $ 419,821 $ 447,314 $ 447,314 $ 480,424 $ 480,424 0115552 530303 CONTRACTED SERVICES $ 142,747 $ 144,138 $ 144,138 $ 224,851 $ 224,851 0115552 530341 COMMUNICATIONS-PHONE $ 25,832 $ 25,896 $ 25,896 $ 74,400 $ 74,400 0115552 530342 POSTAGE $ - $ 100 $ 100 $ 100 $ 100 0115552 540421 OFFICE SUPPLIES $ 200 $ 200 $ 200 $ 200 $ 200 0115552 540422 PRINTING AND FORMS $ 2,000 $ 2,000 $ 2,000 $ 2,000 $ 2,000 0115552 540424 DATA PROCESSING SUPPL. $ 16,975 $ 17,000 $ 17,000 $ 34,000 $ 34,000 0115552 570787 STAFF DEVELOPMENT $ 4,957 $ 11,500 $ 11,500 $ 11,500 $ 14,000 $ 25,500 TOTAL INFORMATION TECHNOLOGY EXPENSES $ 612,531 $ 648,148 $ 648,148 $ 827,475 $ 14,000 $ 841,475 0115558 INFORMATION TECHNOLOGY CAPITAL 0115558 580860 ADDITIONAL EQUIPMENT $ 9,396 $ 13,000 $ 13,000 $ 13,000 $ 13,000 0115558 580870 REPLACEMENT OF EQUIP. $ 114,936 $ 112,000 $ 112,000 $ 137,000 $ 137,000 TOTAL INFORMATION TECHNOLOGY CAPITAL $ 124,332 $ 125,000 $ 125,000 $ 150,000 $ - $ 150,000 TOTAL INFORMATION TECHNOLOGY $ 1,009,828 $ 1,333,263 $ 1,338,328 $ 1,509,491 $ 14,000 $ 1,523,491 Page 9 CITY OF WATERTOWN NEXT YEAR BUDGET COMPARISON REPORT FY 2023 FY 2023 FY 2022 FY 2022 LEVEL ADDITIONAL FY 2021 ORIGINAL REVISED SERVICE FUNDING MANAGER ACTUAL BUDGET BUDGET BUDGET REQUESTS RECOMMENDS 0116151 CITY CLERK PERSONNEL 0116151 510111 FULL TIME SALARIES $ 144,808 $ 212,230 $ 214,053 $ 199,686 $ 199,686 0116151 510130 OVERTIME $ 1,060 $ 1,500 $ 1,500 $ 1,500 $ 1,500 0116151 510143 LONGEVITY $ 1,075 $ - $ - 0116151 511111 PRIOR YEAR FULL TIME $ 2,495 TOTAL CITY CLERK PERSONNEL $ 149,438 $ 213,730 $ 215,553 $ 201,186 $ - $ 201,186 0116152 CITY CLERK EXPENSES 0116152 520240 EQUIPMENT MAINTENANCE $ 358 $ 400 $ 400 $ 400 $ 400 0116152 530301 ADVERTISING $ 1,484 $ 1,500 $ 1,500 $ 4,000 $ 4,000 0116152 530307 BOOK BINDING $ 144 $ 500 $ 500 $ 500 $ 500 0116152 540421 OFFICE SUPPLIES $ 1,068 $ 1,100 $ 1,100 $ 1,100 $ 1,100 0116152 540422 PRINTING AND FORMS $ 3,000 $ 4,625 $ 4,625 $ 4,625 $ 4,625 0116152 570730 DUES&SUBCRIPT. $ 803 $ 1,950 $ 1,950 $ 1,950 $ 1,950 TOTAL CITY CLERK EXPENSES $ 6,856 $ 10,075 $ 10,075 $ 12,575 $ - $ 12,575 TOTAL CITY CLERK $ 156,294 $ 223,805 $ 225,628 $ 213,761 $ - $ 213,761 Page 10 CITY OF WATERTOWN NEXT YEAR BUDGET COMPARISON REPORT FY 2023 FY 2023 FY 2022 FY 2022 LEVEL ADDITIONAL FY 2021 ORIGINAL REVISED SERVICE FUNDING MANAGER ACTUAL BUDGET BUDGET BUDGET REQUESTS RECOMMENDS 0116251 ELECTIONS PERSONNEL 0116251 510111 FULL TIME SALARIES $ 42,421 $ 54,029 $ 54,029 $ 50,985 $ 50,985 0116251 510115 ELECTION COMMISSIONERS $ 4,857 $ 5,009 $ 5,009 $ 5,009 $ 5,009 0116251 510121 TEMP. PART TIME $ 53,284 $ 52,240 $ 52,240 $ 52,240 $ 52,240 0116251 510130 OVERTIME $ 999 $ 1,000 $ 1,000 $ 1,000 $ 1,000 0116251 511111 PRIOR YEAR FULL TIME $ 835 TOTAL ELECTIONS PERSONNEL $ 102,396 $ 112,278 $ 112,278 $ 109,234 $ - $ 109,234 0116252 ELECTIONS EXPENSES 0116252 520240 EQUIPMENT MAINTENANCE $ 11,965 $ 14,650 $ 14,650 $ 14,650 $ 14,650 0116252 520270 BUILDING RENTAL $ 5,800 $ 6,000 $ 6,000 $ 6,000 $ 6,000 0116252 540421 OFFICE SUPPLIES $ 1,872 $ 2,100 $ 2,100 $ 2,100 $ 2,100 0116252 540422 PRINTING AND FORMS $ 3,461 $ 17,000 $ 17,000 $ 5,000 $ 5,000 0116252 570786 CONFERENCE EXPENSES $ - $ 200 $ 200 $ 1,500 $ 1,500 TOTAL ELECTIONS EXPENSES $ 23,098 $ 39,950 $ 39,950 $ 29,250 $ - $ 29,250 TOTAL ELECTIONS $ 125,494 $ 152,228 $ 152,228 $ 138,484 $ - $ 138,484 Page 11 CITY OF WATERTOWN NEXT YEAR BUDGET COMPARISON REPORT FY 2023 FY 2023 FY 2022 FY 2022 LEVEL ADDITIONAL FY 2021 ORIGINAL REVISED SERVICE FUNDING MANAGER ACTUAL BUDGET BUDGET BUDGET REQUESTS RECOMMENDS 0118151 COMM. DEV. & PLAN. PERSONNEL 0118151 510111 FULL TIME SALARIES $ 1,116,220 $ 1,282,552 $ 1,290,940 $ 1,257,735 $ 62,550 $ 1,320,285 0118151 510112 PART TIME SALARIES $ 65,117 $ 41,793 $ 41,793 $ 41,793 $ 41,793 0118151 510130 OVERTIME $ 18,330 $ 18,000 $ 18,000 $ 25,000 $ 25,000 0118151 510143 LONGEVITY $ 14,138 $ 16,117 $ 16,117 $ 14,042 $ 14,042 0118151 510190 CLOTHING $ 1,650 $ 1,500 $ 1,500 $ 1,500 $ 1,500 0118151 511111 PRIOR YEAR FULL TIME $ 20,746 0118151 511112 PRIOR YEAR PART TIME TOTAL COMM. DEV. &PLAN. PERSONNEL $ 1,236,201 $ 1,359,962 $ 1,368,350 $ 1,340,070 $ 62,550 $ 1,402,620 0118152 COMM. DEV. &PLAN. EXPENSES 0118152 520240 EQUIPMENT MAINTENANCE $ 234 $ 500 $ 500 $ 500 $ 500 0118152 520247 OFFICE EQUIPMENT $ 1,994 $ 2,000 $ 2,000 $ 2,000 $ 2,000 0118152 530301 ADVERTISING $ 1,417 $ 2,500 $ 2,500 $ 5,000 $ 5,000 0118152 530303 CONTRACT SERVICES $ 89,224 $ 186,000 $ 186,000 $ 286,000 $ 286,000 0118152 530304 MAPS&CHARTS $ - $ 1,000 $ 1,000 $ 1,000 $ 1,000 0118152 540421 OFFICE SUPPLIES $ 1,751 $ 2,500 $ 2,500 $ 2,500 $ 2,500 0118152 540422 PRINTING AND FORMS $ 2,904 $ 4,800 $ 4,800 $ 4,800 $ 4,800 0118152 550511 BOOKS $ - $ 500 $ 500 $ 500 $ 500 0118152 570730 DUES&SUBCRIPT. $ 2,028 $ 3,500 $ 3,500 $ 3,500 $ 3,500 0118152 570787 STAFF DEVELOPMENT $ 5,515 $ 8,000 $ 8,000 $ 8,000 $ 8,000 TOTAL COMM. DEV. &PLAN. EXPENSES $ 105,067 $ 211,300 $ 211,300 $ 313,800 $ - $ 313,800 TOTAL COMM. DEV. &PLANNING $ 1,341,268 $ 1,571,262 $ 1,579,650 $ 1,653,870 $ 62,550 $ 1,716,420 Page 12 CITY OF WATERTOWN NEXT YEAR BUDGET COMPARISON REPORT FY 2023 FY 2023 FY 2022 FY 2022 LEVEL ADDITIONAL FY 2021 ORIGINAL REVISED SERVICE FUNDING MANAGER ACTUAL BUDGET BUDGET BUDGET REQUESTS RECOMMENDS 0119351 PARK. LOTS & METERS PERSONNEL 0119351 510111 FULL TIME SALARIES $ 125,160 $ 131,224 $ 128,861 $ 131,887 $ 131,887 0119351 510112 PART TIME SALARIES $ 58,706 $ 58,989 $ 61,339 $ 62,308 $ 62,308 0119351 510130 OVERTIME $ - $ 1,600 $ 1,600 $ 1,600 $ 1,600 0119351 510143 LONGEVITY $ 1,628 $ 1,628 $ 1,628 $ 2,213 $ 2,213 0119351 510190 CLOTHING $ 1,048 $ 1,830 $ 1,843 $ 1,830 $ 1,830 0119351 511111 PRIOR YEAR FULL TIME $ 560 TOTAL PARK. LOTS & METERS PERSONNEL $ 189,760 $ 195,271 $ 195,271 $ 199,838 $ - $ 199,838 0119352 PARK. LOTS & METERS EXPENSES 0119352 520247 OFFICE EQUIPMENT $ - $ 500 $ 500 $ - $ - 0119352 530303 CONTRACTED SERVICES $ 3,900 $ 4,500 $ 4,500 $ 4,500 $ 4,500 0119352 530319 PARKING TICKET PROCESS. $ 60,000 $ 65,000 $ 65,000 $ 65,000 $ 65,000 0119352 530338 PARKING BANK FEES $ 70,000 $ 70,000 0119352 570789 OTHER CHARGES $ 7,500 $ 7,500 $ 7,500 $ 8,000 $ 8,000 TOTAL PARK. LOTS & METERS EXPENSES $ 71,400 $ 77,500 $ 77,500 $ 147,500 $ - $ 147,500 0119358 PARK. LOTS & METERS CAPITAL 0119358 580870 REPLACEMENT OF EQUIP. $ 7,500 $ 7,500 $ 7,500 $ 7,500 $ 7,500 TOTAL PARK. LOTS & METERS CAPITAL $ 7,500 $ 7,500 $ 7,500 $ 7,500 $ - $ 7,500 TOTAL PARK. LOTS & METERS $ 268,660 $ 280,271 $ 280,271 $ 354,838 $ - $ 354,838 Page 13 CITY OF WATERTOWN NEXT YEAR BUDGET COMPARISON REPORT FY 2023 FY 2023 FY 2022 FY 2022 LEVEL ADDITIONAL FY 2021 ORIGINAL REVISED SERVICE FUNDING MANAGER ACTUAL BUDGET BUDGET BUDGET REQUESTS RECOMMENDS 0119551 PUBLIC BUILDINGS 0119551 510111 FULL TIME SALARIES $ 392,663 $ 515,019 $ 516,925 $ 521,976 $ 90,000 $ 611,976 0119551 510130 OVERTIME $ 31,435 $ 23,000 $ 23,000 $ 23,000 $ 23,000 0119551 510141 DIFFERENTIAL $ 2,410 $ 2,610 $ 2,610 $ 2,610 $ 2,610 0119551 510143 LONGEVITY $ 1,575 $ 2,600 $ 2,600 $ 3,575 $ 3,575 0119551 510190 CLOTHING $ 2,975 $ 3,300 $ 3,300 $ 3,800 $ 3,800 0119551 511111 PRIOR YEAR FULL TIME $ 1,315 TOTAL PUBLIC BUILDINGS PERSONNEL $ 432,373 $ 546,529 $ 548,435 $ 554,961 $ 90,000 $ 644,961 0119552 PUBLIC BUILDINGS 0119552 520211 ELECTRICITY $ 58,808 $ 81,725 $ 81,725 $ 84,177 $ 84,177 0119552 520213 GAS $ 15,280 $ 28,287 $ 28,287 $ 29,136 $ 29,136 0119552 520241 BUILDING MAINTENANCE $ 31,775 $ 32,130 $ 32,130 $ 32,130 $ 32,130 0119552 520245 VEHICLE MAINTENANCE $ 160 $ 2,000 $ 2,000 $ 2,000 $ 2,000 0119552 520247 OFFICE EQUIPMENT $ 4,767 $ 3,000 $ 3,000 $ 3,000 $ 3,000 0119552 530303 CONTRACTED SERVICES $ 108,373 $ 111,050 $ 111,050 $ 111,050 $ 111,050 0119552 530341 COMMUNICATIONS-PHONE $ 75,273 $ 96,750 $ 96,750 $ 96,750 $ 96,750 0119552 540421 OFFICE SUPPLIES $ 821 $ 1,000 $ 1,000 $ 1,000 $ 1,000 0119552 540430 BUILDING MAINT. SUPPL. $ 17,218 $ 25,000 $ 25,000 $ 25,000 $ 25,000 0119552 540451 CUSTODIAN SUPPLIES $ 7,460 $ 7,700 $ 7,700 $ 7,700 $ 7,700 0119552 540462 GROUNDSKEEPING SUPPL. $ 539 $ 5,000 $ 5,000 $ 5,000 $ 5,000 0119552 570730 DUES&SUBCRIPT. $ 245 $ 2,000 $ 2,000 $ 2,000 $ 2,000 0119552 570787 STAFF DEVELOPMENT $ 4,604 $ 4,000 $ 4,000 $ 4,000 $ 4,000 TOTAL PUBLIC BUILDINGS EXPENSES $ 325,323 $ 399,642 $ 399,642 $ 402,942 $ - $ 402,942 Page 14 FY 2023 FY 2023 FY 2022 FY 2022 LEVEL ADDITIONAL FY 2021 ORIGINAL REVISED SERVICE FUNDING MANAGER ACTUAL BUDGET BUDGET BUDGET REQUESTS RECOMMENDS 0119558 PUBLIC BUILDINGS CAPITAL 0119558 580840 IMPROV./BUILDG RENOV $ 110,000 $ 110,000 $ 110,000 $ 185,000 $ 185,000 0119558 580869 VEHICLE REPLACEMENT $ 49,248 $ - $ - TOTAL PUBLIC BUILDINGS CAPITAL $ 159,248 $ 110,000 $ 110,000 $ 185,000 $ - $ 185,000 TOTAL PUBLIC BUILDINGS 916,944 $ 1,056,171 $ 1,058,077 $ 1,142,903 $ 90,000 $ 1,232,903 Page 15 CITY OF WATERTOWN NEXT YEAR BUDGET COMPARISON REPORT FY 2023 FY 2023 FY 2022 FY 2022 LEVEL ADDITIONAL FY 2021 ORIGINAL REVISED SERVICE FUNDING MANAGER ACTUAL BUDGET BUDGET BUDGET REQUESTS RECOMMENDS 0121051 POLICE PERSONNEL 0121051 510111 FULL TIME SALARIES $ 6,021,322 $ 6,475,428 $ 6,473,728 $ 6,401,123 $ 266,581 $ 6,540,586 0121051 510112 PART TIME SALARIES $ 115,347 $ 170,100 $ 170,100 $ 161,820 $ 161,820 0121051 510122 SPECIALIST PAY $ 34,836 $ 36,848 $ 36,848 $ 37,027 $ 37,027 0121051 510130 OVERTIME $ 1,143,946 $ 954,474 $ 954,474 $ 954,474 $ 954,474 0121051 510141 SHIFT DIFFERENTIAL $ 285,367 $ 326,349 $ 326,349 $ 321,285 $ 2,914 $ 321,285 0121051 510142 HOLIDAY PAY $ 551,815 $ 584,271 $ 584,271 $ 579,598 $ 20,498 $ 588,064 0121051 510143 LONGEVITY $ 41,059 $ 44,150 $ 44,150 $ 44,450 $ 44,450 0121051 510144 DEFIB STIPEND $ 126,481 $ 132,362 $ 132,362 $ 130,282 $ 5,369 $ 132,147 0121051 5101791NDEMINFICATION $ 53,561 $ 33,600 $ 33,600 $ 33,600 $ 33,600 0121051 510190 CLOTHING $ 8,750 $ 9,000 $ 9,000 $ 9,000 $ 9,000 0121051 510191 CAREER INCENTIVE $ 788,043 $ 846,153 $ 846,153 $ 827,831 $ 27,596 $ 845,427 0121051 510192 MEALS ALLOWANCE $ 1,740 $ 850 $ 2,550 $ 2,360 $ 2,360 0121051 511111 PRIOR YEAR FULL TIME $ 127,172 0121051 511122 PRIOR YEAR SPECIALIST PAY $ 653 0121051 511130 PRIOR YEAR OVERTIME $ 20,239 0121051 511141 PRIOR YEAR SHIFT DIFF $ 5,317 0121051 511142 PRIOR YEAR HOLIDAY PAY $ 10,200 0121051 511144 PRIOR YEAR EMT DEFIB $ 2,563 0121051 511191 PRIOR YEAR CAREER INCENTIVE $ 14,200 TOTAL POLICE PERSONNEL $ 9,352,612 $ 9,613,585 $ 9,613,585 $ 9,502,850 $ 322,958 $ 9,670,240 Page 16 CITY OF WATERTOWN NEXT YEAR BUDGET COMPARISON REPORT FY 2023 FY 2023 FY 2022 FY 2022 LEVEL ADDITIONAL FY 2021 ORIGINAL REVISED SERVICE FUNDING MANAGER ACTUAL BUDGET BUDGET BUDGET REQUESTS RECOMMENDS 0121052 POLICE EXPENSES 0121052 520211 ELECTRICITY $ 101,273 $ 130,061 $ 130,061 $ 133,963 $ 133,963 0121052 520213 GAS $ 20,381 $ 45,692 $ 45,692 $ 47,063 $ 47,063 0121052 520240 EQUIPMENT MAINTENANCE $ 140,115 $ 165,821 $ 165,821 $ 177,149 $ 177,149 0121052 520241 BUILDING MAINTENANCE $ 59,326 $ 66,751 $ 66,751 $ 68,839 $ 68,839 0121052 520245 VEHICLE MAINTENANCE $ 26,206 $ 48,032 $ 48,032 $ 48,032 $ 48,032 0121052 520247 OFFICE EQUIPMENT $ 3,936 $ 4,000 $ 4,000 $ 4,000 $ 4,000 0121052 530308 PUBLIC SAFETY PROF. SER. $ 845 $ 1,300 $ 1,300 $ 1,300 $ 1,300 0121052 530341 COMMUNICATIONS-PHONE $ 37,765 $ 42,784 $ 42,784 $ 43,312 $ 43,312 0121052 540421 OFFICE SUPPLIES $ 7,978 $ 14,392 $ 14,392 $ 14,824 $ 14,824 0121052 540422 PRINTING AND FORMS $ 2,388 $ 7,476 $ 7,476 $ 7,700 $ 7,700 0121052 540430 BUILDING MAINTENANCE $ 12,434 $ 18,507 $ 18,507 $ 19,062 $ 19,062 0121052 540481 VEHICLE PARTS $ 17,892 $ 19,687 $ 19,687 $ 20,278 $ 20,278 0121052 540490 FOOD& RELATED SUPPL. $ 789 $ 2,505 $ 2,505 $ 2,630 $ 2,630 0121052 550500 MEDICAL SUPPLES $ 4,779 $ 8,680 $ 8,680 $ 9,114 $ 9,114 0121052 550580 CRIME PREVENTION SUPPL. $ 12,109 $ 16,036 $ 16,036 $ 16,517 $ 16,517 0121052 570730 DUES&SUBCRIPT. $ 20,445 $ 31,141 $ 31,141 $ 34,357 $ 34,357 0121052 570787 STAFF DEVELOPMENT $ 57,197 $ 72,935 $ 72,935 $ 75,458 $ 75,458 0121052 570789 OTHER CHARGES $ 7,056 $ 9,806 $ 9,806 $ 10,100 $ 10,100 TOTAL POLICE EXPENSES $ 532,913 $ 705,606 $ 705,606 $ 733,698 $ - $ 733,698 Page 17 CITY OF WATERTOWN NEXT YEAR BUDGET COMPARISON REPORT FY 2023 FY 2023 FY 2022 FY 2022 LEVEL ADDITIONAL FY 2021 ORIGINAL REVISED SERVICE FUNDING MANAGER ACTUAL BUDGET BUDGET BUDGET REQUESTS RECOMMENDS 0121058 POLICE CAPITAL 0121058 580840 IMPROV./BLDG RENOV. $ 29,988 $ 30,000 $ 30,000 $ 30,000 $ 30,000 0121058 580860 ADDITIONAL EQUIPMENT $ 14,871 $ 15,000 $ 15,000 $ 15,000 $ 15,000 0121058 580869 VEHICLE REPLACEMENT $ 191,002 $ 170,627 $ 170,627 $ 184,100 $ 29,500 $ 184,100 0121058 580870 REPLACEMENT OF EQUIP. $ 72,399 $ 72,500 $ 72,500 $ 33,000 $ 33,000 0121058 596000 TRNSFR TO GRANTS-JAIL DIVERSION $ 45,000 $ 45,000 $ 45,000 $ 45,000 $ 45,000 TOTAL POLICE CAPITAL $ 353,260 $ 333,127 $ 333,127 $ 307,100 $ 29,500 $ 307,100 TOTAL POLICE $ 10,238,785 $ 10,652,318 $ 10,652,318 $ 10,543,648 $ 352,458 $ 10,711,038 Page 18 CITY OF WATERTOWN NEXT YEAR BUDGET COMPARISON REPORT FY 2023 FY 2023 FY 2022 FY 2022 LEVEL ADDITIONAL FY 2021 ORIGINAL REVISED SERVICE FUNDING MANAGER ACTUAL BUDGET BUDGET BUDGET REQUESTS RECOMMENDS 0122051 FIRE PERSONNEL 0122051 510111 FULL TIME SALARIES $ 7,646,698 $ 7,915,989 $ 7,705,989 $ 7,909,544 $ 1,150,158 $ 8,031,444 0122051 510130 OVERTIME $ 1,096,639 $ 1,063,303 $ 1,539,303 $ 1,427,626 $ 2,235,524 $ 1,427,626 0122051 510142 HOLIDAY PAY $ 624,739 $ 663,178 $ 643,178 $ 656,379 $ 92,292 $ 666,155 0122051 510143 LONGEVITY $ 219,644 $ 242,160 $ 237,160 $ 260,005 $ 7,207 $ 267,212 0122051 510144 EMT COMP $ 710,180 $ 733,635 $ 718,635 $ 733,634 $ 138,269 $ 741,768 0122051 510179INDEMNIFICATION $ 205,000 $ 50,000 $ 50,000 $ 50,000 $ 50,000 0122051 510191 CAREER INCENTIVE $ 131,345 $ 130,587 $ 130,587 $ 118,063 $ 118,063 0122051 511111 PRIOR YEAR FULL TIME $ 2,355 TOTAL FIRE PERSONNEL $ 10,636,600 $ 10,798,852 $ 11,024,852 $ 11,155,251 $ 3,623,450 $ 11,302,268 Page 19 CITY OF WATERTOWN NEXT YEAR BUDGET COMPARISON REPORT FY 2023 FY 2023 FY 2022 FY 2022 LEVEL ADDITIONAL FY 2021 ORIGINAL REVISED SERVICE FUNDING MANAGER ACTUAL BUDGET BUDGET BUDGET REQUESTS RECOMMENDS 0122052 FIRE EXPENSES 0122052 520211 ELECTRICITY $ 45,929 $ 56,699 $ 56,699 $ 58,400 $ 58,400 0122052 520213 GAS $ 13,229 $ 40,341 $ 40,341 $ 41,551 $ 41,551 0122052 520240 EQUIPMENT MAINTENANCE $ 826 $ 15,958 $ 15,958 $ 39,187 $ 39,187 0122052 520241 BUILDING MAINTENANCE $ 40,253 $ 41,526 $ 41,526 $ 42,772 $ 42,772 0122052 520245 VEHICLE MAINTENANCE $ 119,451 $ 123,957 $ 123,957 $ 131,394 $ 131,394 0122052 530303 MNGT CONSULTING $ 91,501 $ 94,449 $ 94,449 $ 97,282 $ 97,282 0122052 530305 COLLECTION SERVICES $ 57,145 $ 61,904 $ 61,904 $ 63,761 $ 63,761 0122052 530320 TUITION EXPENSES $ 22,215 $ 22,955 $ 22,955 $ 23,644 $ 23,644 0122052 530341 COMMUNICATIONS-PHONE $ 3,965 $ 4,834 $ 4,834 $ 11,443 $ 11,443 0122052 540421 OFFICE SUPPLIES $ 5,922 $ 6,652 $ 6,652 $ 6,851 $ 6,851 0122052 540430 BUILDING SUPPLIES $ 18,834 $ 19,680 $ 19,680 $ 20,270 $ 20,270 0122052 540481 VEHICLE PARTS $ 10,523 $ 11,255 $ 11,255 $ 11,930 $ 11,930 0122052 550500 MEDICAL SUPPLIES $ 58,312 $ 61,365 $ 61,365 $ 63,206 $ 63,206 0122052 550511 BOOKS $ 1,582 $ 2,110 $ 2,110 $ 2,174 $ 2,174 0122052 550582 FIRE SUPPLIES $ 54,486 $ 56,276 $ 56,276 $ 60,046 $ 60,046 0122052 570730 DUES&SUBCRIPT. $ 3,525 $ 4,783 $ 4,783 $ 7,029 $ 7,029 0122052 570786 CONFERENCE EXPENSES $ - $ 2,160 $ 2,160 $ 4,000 $ 4,000 TOTAL FIRE EXPENSES $ 547,698 $ 626,904 $ 626,904 $ 684,940 $ - $ 684,940 Page 20 CITY OF WATERTOWN NEXT YEAR BUDGET COMPARISON REPORT FY 2023 FY 2023 FY 2022 FY 2022 LEVEL ADDITIONAL FY 2021 ORIGINAL REVISED SERVICE FUNDING MANAGER ACTUAL BUDGET BUDGET BUDGET REQUESTS RECOMMENDS 0122058 FIRE CAPITAL 0122058 580840 IMPROVEMENTS/BUILDING RENOV. $ 60,000 $ 90,000 $ 90,000 $ 60,000 $ 60,000 0122058 580860 ADDITIONAL EQUIPMENT $ 39,999 $ 40,000 $ 40,000 $ 40,000 $ 40,000 0122058 580869 VEHICLE REPLACEMENT $ 54,543 $ - $ - $ 60,000 $ 60,000 0122058 580870 REPLACEMENT OF EQUIP. $ 15,000 $ 41,000 $ 41,000 $ 15,000 $ 15,000 TOTAL FIRE CAPITAL $ 169,542 $ 171,000 $ 171,000 $ 175,000 $ - $ 175,000 TOTAL FIRE $ 11,353,841 $ 11,596,756 $ 11,822,756 $ 12,015,191 $ 3,623,450 $ 12,162,208 Page 21 CITY OF WATERTOWN NEXT YEAR BUDGET COMPARISON REPORT FY 2023 FY 2023 FY 2022 FY 2022 LEVEL ADDITIONAL FY 2021 ORIGINAL REVISED SERVICE FUNDING MANAGER ACTUAL BUDGET BUDGET BUDGET REQUESTS RECOMMENDS 0129151 EMERG. MGMNT. PERSONNEL 0129151 510130 OVERTIME $ 2,500 $ 2,660 $ 2,660 $ 2,660 $ 2,660 TOTAL EMERG. MGMNT. PERSONNEL $ 2,500 $ 2,660 $ 2,660 $ 2,660 $ - $ 2,660 0129152 EMERG. MGMNT. EXPENSES 0129152 530303 CONTRACTED SERVICES $ 22,389 $ 33,245 $ 33,245 $ 33,245 $ 33,245 0129152 530341 COMMUNICATIONS-PHONE $ 668 $ 850 $ 850 $ 850 $ 850 0129152 550500 EMERG. MGMNT. SUPPLIES $ 15,300 $ 20,000 $ 20,000 $ 20,000 $ 20,000 TOTAL EMERG. MGMNT. EXPENSES $ 38,357 $ 54,095 $ 54,095 $ 54,095 $ - $ 54,095 TOTAL EMERGENCY MANAGEMENT $ 40,857 $ 56,755 $ 56,755 $ 56,755 $ - $ 56,755 Page 22 CITY OF WATERTOWN NEXT YEAR BUDGET COMPARISON REPORT FY 2023 FY 2023 FY 2022 FY 2022 LEVEL ADDITIONAL FY 2021 ORIGINAL REVISED SERVICE FUNDING MANAGER ACTUAL BUDGET BUDGET BUDGET REQUESTS RECOMMENDS 0140151 DPW ADMINISTRATION PERSONNEL 0140151 510111 FULL TIME SALARIES $ 426,845 $ 703,275 $ 694,309 $ 724,873 $ 724,873 0140151 510143 LONGEVITY $ 6,224 $ 6,350 $ 6,492 $ 6,600 $ 6,600 0140151 510145 DPW LICENSES/CERTIFICATIONS $ 3,875 $ 5,000 $ 5,000 $ 5,000 $ 5,000 0140151 510190 CLOTHING $ 250 $ 1,000 $ 1,500 $ 1,000 $ 1,000 0140151 511111 PRIOR YEAR FULL TIME $ 3,423 TOTAL DPW ADMINISTRATION PERSONNEL $ 440,618 $ 715,625 $ 707,301 $ 737,473 $ - $ 737,473 0140152 DPW ADMIN. EXPENSES 0140152 520240 EQUIPMENT MAINTENANCE $ 4,248 $ 6,100 $ 6,100 $ 6,100 $ 6,100 0140152 530303 CONTRACTED SERVICES $ 7,280 $ 40,000 $ 40,000 $ 60,000 $ 60,000 0140152 530315 MEDICAL TESTING $ 2,059 $ 6,000 $ 6,000 $ 6,000 $ 6,000 0140152 530341 COMMUNICATIONS-PHONE $ 26,190 $ 30,500 $ 30,500 $ 30,500 $ 30,500 0140152 540421 OFFICE SUPPLIES $ 11,285 $ 12,000 $ 12,000 $ 12,000 $ 12,000 0140152 540422 PRINTING AND FORMS $ 4,913 $ 6,500 $ 6,500 $ 6,500 $ 6,500 0140152 550586 UNIFORMS/CLEANING SERV. $ 50,200 $ 50,200 $ 50,200 $ 50,200 $ 50,200 0140152 570730 DUES&SUBCRIPT. $ 900 $ 900 $ 900 $ 900 $ 900 0140152 570787 STAFF DEVELOPMENT $ 16,040 $ 11,500 $ 11,500 $ 11,500 $ 11,500 TOTAL DPW ADMIN. EXPENSES $ 123,114 $ 163,700 $ 163,700 $ 183,700 $ - $ 183,700 TOTAL DPW ADMINISTRATION $ 563,732 $ 879,325 $ 871,001 $ 921,173 $ - $ 921,173 Page 23 CITY OF WATERTOWN NEXT YEAR BUDGET COMPARISON REPORT FY 2023 FY 2023 FY 2022 FY 2022 LEVEL ADDITIONAL FY 2021 ORIGINAL REVISED SERVICE FUNDING MANAGER ACTUAL BUDGET BUDGET BUDGET REQUESTS RECOMMENDS 0140551 DPW CENT. MOTORS PERSONNEL 0140551 510111 FULL TIME SALARIES $ 282,216 $ 289,368 $ 289,408 $ 295,125 $ 295,125 0140551 510130 OVERTIME $ 29,983 $ 19,085 $ 24,010 $ 30,000 $ 30,000 0140551 510143 LONGEVITY $ 8,750 $ 9,725 $ 9,028 $ 9,725 $ 9,725 0140551 510145 DPW LICENSES/CERTIFICATIONS $ 3,000 $ 4,600 $ 4,600 $ 4,600 $ 4,600 0140551 510190 CLOTHING $ 2,200 $ 2,225 $ 2,300 $ 2,300 $ 2,300 0140551 511111 PRIOR YEAR FULL TIME $ 1,910 TOTAL DPW CENT. MOTORS PERSONNEL $ 328,059 $ 325,003 $ 329,346 $ 341,750 $ - $ 341,750 0140552 DPW CENT. MOTORS EXPENSES 0140552 520245 VEHICLE MAINTENANCE $ 65,487 $ 65,600 $ 65,600 $ 65,600 $ 65,600 0140552 540432 TOOLS $ 24,265 $ 25,000 $ 25,000 $ 25,000 $ 25,000 0140552 540480 GASOLINE $ 193,445 $ 210,000 $ 210,000 $ 288,000 $ 288,000 0140552 540481 VEHICLE PARTS $ 119,325 $ 132,000 $ 132,000 $ 144,000 $ 144,000 0140552 570787 STAFF DEVELOPMENT $ 2,595 $ 12,000 $ 12,000 $ 12,000 $ 12,000 TOTAL DPW CENT. MOTORS EXPENSES $ 405,117 $ 444,600 $ 444,600 $ 534,600 $ - $ 534,600 0140558 DPW CENTRAL MOTORS CAPITAL 0140558 580860 ADDITIONAL EQUIPMENT $ 25,000 $ 25,000 $ 25,000 $ 25,000 $ 25,000 0140558 580869 VEH REPL $ 70,000 $ 70,000 $ 70,000 $ 70,000 $ 70,000 TOTAL DPW CENTRAL MOTORS CAPITAL $ 95,000 $ 95,000 $ 95,000 $ 95,000 $ - $ 95,000 TOTAL DPW CENTRAL MOTORS $ 828,176 $ 864,603 $ 868,946 $ 971,350 $ - $ 971,350 Page 24 CITY OF WATERTOWN NEXT YEAR BUDGET COMPARISON REPORT FY 2023 FY 2023 FY 2022 FY 2022 LEVEL ADDITIONAL FY 2021 ORIGINAL REVISED SERVICE FUNDING MANAGER ACTUAL BUDGET BUDGET BUDGET REQUESTS RECOMMENDS 0142251 DPW HIGHWAY PERSONNEL 0142251 510111 FULL TIME SALARIES $ 533,374 $ 593,463 $ 593,473 $ 598,833 $ 598,833 0142251 510130 OVERTIME $ 82,904 $ 80,000 $ 64,800 $ 90,000 $ 90,000 0142251 510141 SHIFT DIFFERENTIAL $ 5,776 $ 8,352 $ 8,482 $ 8,400 $ 8,400 0142251 510143 LONGEVITY $ 14,123 $ 18,750 $ 17,830 $ 18,000 $ 18,000 0142251 510190 CLOTHING $ 4,500 $ 5,100 $ 5,300 $ 5,300 $ 5,300 0142251 511111 PRIOR YEAR FULL TIME $ 2,041 TOTAL DPW HIGHWAY PERSONNEL $ 642,718 $ 705,665 $ 689,885 $ 720,533 $ - $ 720,533 0142252 DPW HIGHWAY EXPENSES 0142252 520271 RENTAL OF EQUIPMENT $ 5,700 $ 25,000 $ 25,000 $ 25,000 $ 25,000 0142252 520272 STREET REPAIRS $ 369,173 $ 370,000 $ 370,000 $ 370,000 $ 370,000 0142252 530314 PEST CONTROL $ 100,000 $ 100,000 0142252 540432 TOOLS $ 12,023 $ 12,600 $ 12,600 $ 12,600 $ 12,600 0142252 550532 MAINTENANCE SUPPLIES $ 72,259 $ 117,043 $ 117,043 $ 117,043 $ 117,043 TOTAL DPW HIGHWAY EXPENSES $ 459,155 $ 524,643 $ 524,643 $ 524,643 $ 100,000 $ 624,643 0142258 DPW HIGHWAY CAPITAL 0142258 580860 ADDITIONAL EQUIPMENT $ 12,500 $ 12,500 $ 12,500 $ 12,500 $ 12,500 0142258 580870 REPLACEMENT OF EQUIP. $ 37,500 $ 37,500 $ 37,500 $ 37,500 $ 37,500 TOTAL DPW HIGHWAY CAPITAL $ 50,000 $ 50,000 $ 50,000 $ 50,000 $ - $ 50,000 TOTAL DPW HIGHWAY $ 1,151,873 $ 1,280,308 $ 1,264,528 $ 1,295,176 $ 100,000 $ 1,395,176 Page 25 CITY OF WATERTOWN NEXT YEAR BUDGET COMPARISON REPORT FY 2023 FY 2023 FY 2022 FY 2022 LEVEL ADDITIONAL FY 2021 ORIGINAL REVISED SERVICE FUNDING MANAGER ACTUAL BUDGET BUDGET BUDGET REQUESTS RECOMMENDS 0142351 DPW SNOW AND ICE PERSONNEL 0142351 510130 OVERTIME $ 252,239 $ 375,000 $ 375,000 $ 375,000 $ 375,000 0142351 510192 MEALS $ 670 $ 2,000 $ 2,000 $ 2,000 $ 2,000 TOTAL DPW SNOW AND ICE PERSONNEL $ 252,909 $ 377,000 $ 377,000 $ 377,000 $ - $ 377,000 0142352 DPW SNOW AND ICE EXPENSES 0142352 520271 RENTAL OF EQUIPMENT $ 579,527 $ 485,000 $ 645,000 $ 485,000 $ 485,000 0142352 530380 WEATHER REPORTS $ 4,000 $ 4,000 $ 4,000 $ 4,000 $ 4,000 0142352 540480 GASOLINE $ 9,300 $ 30,000 $ 30,000 $ 30,000 $ 30,000 0142352 540481 VEHICLE PARTS $ 115,123 $ 124,000 $ 64,000 $ 124,000 $ 124,000 0142352 550533 SAND/SALT $ 276,802 $ 400,000 $ 300,000 $ 400,000 $ 400,000 TOTAL DPW SNOW AND ICE EXPENSES $ 984,752 $ 1,043,000 $ 1,043,000 $ 1,043,000 $ - $ 1,043,000 0142358 DPW SNOW AND ICE CAPITAL 0142358 580870 REPLACEMENT OF EQUIP. $ 79,664 $ 80,000 $ 80,000 $ 80,000 $ 80,000 TOTAL DPW SNOW AND ICE CAPITAL $ 79,664 $ 80,000 $ 80,000 $ 80,000 $ - $ 80,000 TOTAL DPW SNOW AND ICE $ 1,317,326 $ 1,500,000 $ 1,500,000 $ 1,500,000 $ - $ 1,500,000 Page 26 CITY OF WATERTOWN NEXT YEAR BUDGET COMPARISON REPORT FY 2023 FY 2023 FY 2022 FY 2022 LEVEL ADDITIONAL FY 2021 ORIGINAL REVISED SERVICE FUNDING MANAGER ACTUAL BUDGET BUDGET BUDGET REQUESTS RECOMMENDS 0142452 DPW STREET LIGHTING EXPENSES 0142452 520210 STREET LIGHTING ELECTRICITY $ 143,311 $ 148,526 $ 148,526 $ 165,000 $ 165,000 0142452 520249 MAINTENANCE OF STREET LIGHTS $ 82,555 $ 94,335 $ 94,335 $ 94,335 $ 94,335 0142452 520250 FIRE ALARM MAINTENANCE $ 39,003 $ 50,000 $ 50,000 $ 50,000 $ 50,000 TOTAL DPW STREET LIGHTING EXPENSES $ 264,869 $ 292,861 $ 292,861 $ 309,335 $ - $ 309,335 TOTAL DPW STREET LIGHTING $ 264,869 $ 292,861 $ 292,861 $ 309,335 $ - $ 309,335 Page 27 CITY OF WATERTOWN NEXT YEAR BUDGET COMPARISON REPORT FY 2023 FY 2023 FY 2022 FY 2022 LEVEL ADDITIONAL FY 2021 ORIGINAL REVISED SERVICE FUNDING MANAGER ACTUAL BUDGET BUDGET BUDGET REQUESTS RECOMMENDS 0143352 SOLID WASTE DISP. EXPENSES 0143352 520290 SOLID WASTE DISPOSAL $ 735,483 $ 733,525 $ 733,525 $ 772,825 $ 772,825 0143352 520292 RECYCLING EXPENSES $ 153,222 $ 165,000 $ 165,000 $ 200,000 $ 200,000 0143352 520293 ORGANICS/COMPOSTING PROGRAM $ 425,000 $ 425,000 0143352 520303 CONTRACTED SERVICES $ 2,531,443 $ 2,793,775 $ 2,793,775 $ 3,035,100 $ 3,035,100 TOTAL SOLID WASTE DISP. EXPENSES $ 3,420,148 $ 3,692,300 $ 3,692,300 $ 4,007,925 $ 425,000 $ 4,432,925 TOTAL SOLID WASTE DISPOSAL $ 3,420,148 $ 3,692,300 $ 3,692,300 $ 4,007,925 $ 425,000 $ 4,432,925 Page 28 CITY OF WATERTOWN NEXT YEAR BUDGET COMPARISON REPORT FY 2023 FY 2023 FY 2022 FY 2022 LEVEL ADDITIONAL FY 2021 ORIGINAL REVISED SERVICE FUNDING MANAGER ACTUAL BUDGET BUDGET BUDGET REQUESTS RECOMMENDS 0149151 DPW CEMETERY PERSONNEL 0149151 510111 FULL TIME SALARIES $ 127,453 $ 129,992 $ 114,997 $ 129,992 $ 129,992 0149151 510130 OVERTIME $ 49,731 $ 50,000 $ 34,950 $ 70,000 $ 70,000 0149151 510143 LONGEVITY $ 6,950 $ 7,000 $ 7,000 $ 7,000 $ 7,000 0149151 510190 CLOTHING $ 1,150 $ 1,150 $ 1,200 $ 1,200 $ 1,200 TOTAL DPW CEMETERY PERSONNEL $ 185,284 $ 188,142 $ 158,147 $ 208,192 $ - $ 208,192 0149152 DPW CEMETERY EXPENSES 0149152 520211 ELECTRICITY $ 2,865 $ 5,318 $ 5,318 $ 5,478 $ 5,478 0149152 520212 HEATING OIL $ 2,436 $ 6,535 $ 6,535 $ 6,732 $ 6,732 0149152 520242 GROUNDSKEEPING $ 165,824 $ 168,788 $ 168,788 $ 168,788 $ 168,788 0149152 540432 TOOLS $ 3,350 $ 3,975 $ 3,975 $ 3,975 $ 3,975 0149152 540461 TREES&SHRUBS $ 4,000 $ 14,000 $ 14,000 $ 14,000 $ 14,000 0149152 540462 GROUNDSKEEPING SUPPL. $ 4,960 $ 6,500 $ 6,500 $ 6,500 $ 6,500 TOTAL DPW CEMETERY EXPENSES $ 183,434 $ 205,116 $ 205,116 $ 205,473 $ - $ 205,473 0149158 DPW CEMETERY CAPITAL 0149158 580840IMPROVEMENTS $ 25,000 $ 25,000 $ 25,000 $ 25,000 $ 25,000 TOTAL DPW CEMETERY CAPITAL $ 25,000 $ 25,000 $ 25,000 $ 25,000 $ - $ 25,000 TOTAL DPW CEMETERY $ 393,718 $ 418,258 $ 388,263 $ 438,665 $ - $ 438,665 Page 29 CITY OF WATERTOWN NEXT YEAR BUDGET COMPARISON REPORT FY 2023 FY 2023 FY 2022 FY 2022 LEVEL ADDITIONAL FY 2021 ORIGINAL REVISED SERVICE FUNDING MANAGER ACTUAL BUDGET BUDGET BUDGET REQUESTS RECOMMENDS 0149251 DPW PROP. & BUILD. PERSONNEL 0149251 510111 FULL TIME SALARIES $ 269,711 $ 299,557 $ 279,557 $ 303,491 $ 303,491 0149251 510112 PART TIME SALARIES $ 32,549 $ 35,588 $ 35,588 $ 35,588 $ 35,588 0149251 510130 OVERTIME $ 100,083 $ 56,320 $ 186,320 $ 75,000 $ 75,000 0149251 510143 LONGEVITY $ 6,485 $ 7,807 $ 7,349 $ 8,782 $ 8,782 0149251 510190 CLOTHING $ 2,183 $ 2,575 $ 2,575 $ 2,600 $ 2,600 0149251 511111 PRIOR YEAR FULL TIME $ 5,148 $ - TOTAL DPW PROP. &BUILD. PERSONNEL $ 416,160 $ 401,847 $ 511,389 $ 425,461 $ - $ 425,461 0149252 DPW PROP. &BUILD. EXPENSES 0149252 520211 ELECTRICITY $ 82,957 $ 129,575 $ 129,575 $ 133,500 $ 133,500 0149252 520213 GAS $ 86,649 $ 167,018 $ 167,018 $ 172,100 $ 172,100 0149252 520241 BUILDING MAINTENANCE $ 40,802 $ 50,000 $ 65,000 $ 65,000 $ 65,000 0149252 520248 TRAFFIC CONTROL $ 140,574 $ 162,073 $ 147,073 $ 162,073 $ 162,073 0149252 540430 BUILDING MAINT. SUPPLIES $ 36,191 $ 50,000 $ 50,000 $ 60,000 $ 60,000 0149252 540431 ELECTRICAL SUPPLIES $ 56,889 $ 65,000 $ 65,000 $ 65,000 $ 65,000 0149252 540432 TOOLS $ 4,250 $ 4,250 $ 4,250 $ 4,250 $ 4,250 0149252 540451 CUSTODIAN SUPPLIES $ 10,895 $ 11,000 $ 11,000 $ 11,000 $ 11,000 0149252 550582 FIRE SUPPLIES $ 945 $ 2,700 $ 2,700 $ 2,700 $ 2,700 0149252 570787 STAFF DEVELOPMENT $ 2,800 $ 2,800 $ 2,800 $ 2,800 $ 2,800 TOTAL DPW PROP. &BUILD. EXPENSES $ 462,953 $ 644,416 $ 644,416 $ 678,423 $ - $ 678,423 0149258 DPW PROP. &BUILD. CAPITAL 0149258 580870 REPLACEMENT OF EQUIP. $ 24,517 $ 25,000 $ 25,000 $ 25,000 $ 25,000 TOTAL DPW PROP. &BUILD. CAPITAL $ 24,517 $ 25,000 $ 25,000 $ 25,000 $ - $ 25,000 TOTAL DPW PROP. &BUILDINGS $ 903,630 $ 1,071,263 $ 1,180,805 $ 1,128,884 $ - $ 1,128,884 Page 30 CITY OF WATERTOWN NEXT YEAR BUDGET COMPARISON REPORT FY 2023 FY 2023 FY 2022 FY 2022 LEVEL ADDITIONAL FY 2021 ORIGINAL REVISED SERVICE FUNDING MANAGER ACTUAL BUDGET BUDGET BUDGET REQUESTS RECOMMENDS 0149451 DPW FORESTRY PERSONNEL 0149451 510111 FULL TIME SALARIES $ 194,973 $ 272,690 $ 212,635 $ 281,249 $ 281,249 0149451 510130 OVERTIME $ 30,924 $ 50,000 $ 40,000 $ 60,000 $ 60,000 0149451 510143 LONGEVITY $ 5,900 $ 2,975 $ 5,050 $ 5,050 $ 5,050 0149451 510190 CLOTHING $ 1,400 $ 2,225 $ 2,225 $ 2,300 $ 2,300 TOTAL DPW FORESTRY PERSONNEL $ 233,197 $ 327,890 $ 259,910 $ 348,599 $ - $ 348,599 0149452 DPW FORESTRY EXPENSES 0149452 520271 RENTAL OF EQUIPMENT $ 170,316 $ 200,000 $ 200,000 $ 200,000 $ - $ 200,000 0149452 540432 TOOLS $ 5,384 $ 6,000 $ 6,000 $ 6,000 $ 6,000 0149452 540461 TREES&SHRUBS $ 99,762 $ 120,000 $ 120,000 $ 120,000 $ - $ 120,000 0149452 570787 STAFF DEVELOPMENT $ 4,000 $ 4,000 $ 4,000 $ 4,000 $ 4,000 TOTAL DPW FORESTRY EXPENSES $ 279,462 $ 330,000 $ 330,000 $ 330,000 $ - $ 330,000 TOTAL DPW FORESTRY $ 512,658 $ 657,890 $ 589,910 $ 678,599 $ - $ 678,599 Page 31 CITY OF WATERTOWN NEXT YEAR BUDGET COMPARISON REPORT FY 2023 FY 2023 FY 2022 FY 2022 LEVEL ADDITIONAL FY 2021 ORIGINAL REVISED SERVICE FUNDING MANAGER ACTUAL BUDGET BUDGET BUDGET REQUESTS RECOMMENDS 0149551 DPW PARKS PERSONNEL 0149551 510111 FULL TIME SALARIES $ 299,942 $ 326,896 $ 311,896 $ 323,738 $ 323,738 0149551 510112 PART TIME SALARIES $ 8,496 $ 30,000 $ 30,000 $ 30,000 $ 30,000 0149551 510130 OVERTIME $ 81,845 $ 52,800 $ 87,800 $ 70,000 $ 70,000 0149551 510141 SHIFT DIFF $ 1,599 $ 2,284 $ 2,054 $ 1,043 $ 1,043 0149551 510143 LONGEVITY $ 6,981 $ 5,525 $ 5,525 $ 5,025 $ 5,025 0149551 510190 CLOTHING $ 2,775 $ 2,800 $ 2,900 $ 2,900 $ 2,900 0149551 511111 PRIOR YEAR FULL TIME $ 2,042 $ - TOTAL DPW PARKS PERSONNEL $ 403,680 $ 420,305 $ 440,175 $ 432,706 $ - $ 432,706 0149552 DPW PARKS EXPENSES 0149552 520211 ELECTRICITY $ 42,406 $ 51,389 $ 51,389 $ 53,000 $ 53,000 0149552 520213 GAS $ 7,649 $ 11,941 $ 11,941 $ 12,300 $ 12,300 0149552 520242 GROUNDSKEEPING $ 251,704 $ 260,500 $ 260,500 $ 260,500 $ 50,000 $ 310,500 0149552 540430 BUILDING MAINTENANCE $ 10,310 $ 10,438 $ 10,438 $ 28,518 $ 28,518 0149552 540462 GROUNDSKEEPING SUPPL. $ 31,772 $ 36,000 $ 36,000 $ 36,000 $ 36,000 0149552 540463 SOIL LOAM $ 13,261 $ 14,280 $ 14,280 $ 14,280 $ 14,280 0149552 550585 RECREATION SUPPLIES $ 15,120 $ 16,000 $ 16,000 $ 37,300 $ 37,300 TOTAL DPW PARKS EXPENSES $ 372,222 $ 400,548 $ 400,548 $ 441,898 $ 50,000 $ 491,898 0149558 DPW PARKS CAPITAL 0149558 580840IMPROVEMENTS $ 47,078 $ 47,500 $ 47,500 $ 47,500 $ 47,500 0149558 580860 ADDITIONAL EQUIPMENT $ 14,978 $ 15,000 $ 15,000 $ 15,000 $ 15,000 0149558 580870 REPLACEMENT OF EQUIP. $ 39,039 $ 40,000 $ 40,000 $ 40,000 $ 40,000 TOTAL DPW PARKS CAPITAL $ 101,095 $ 102,500 $ 102,500 $ 102,500 $ - $ 102,500 TOTAL DPW PARKS $ 876,997 $ 923,353 $ 943,223 $ 977,104 $ 50,000 $ 1,027,104 Page 32 CITY OF WATERTOWN NEXT YEAR BUDGET COMPARISON REPORT FY 2023 FY 2023 FY 2022 FY 2022 LEVEL ADDITIONAL FY 2021 ORIGINAL REVISED SERVICE FUNDING MANAGER ACTUAL BUDGET BUDGET BUDGET REQUESTS RECOMMENDS 0151051 HEALTH PERSONNEL 0151051 510111 FULL TIME SALARIES $ 577,866 $ 608,813 $ 612,128 $ 604,710 $ 604,710 0151051 510130 OVERTIME $ 4,851 $ 5,000 $ 5,000 $ 7,500 $ 7,500 0151051 510143 LONGEVITY $ 5,568 $ 5,600 $ 5,600 $ 4,025 $ 4,025 0151051 510190 CLOTHING $ 1,862 $ 1,500 $ 2,050 $ 1,500 $ 1,500 0151051 511111 PRIOR YEAR FULL TIME $ 6,910 TOTAL HEALTH PERSONNEL $ 597,058 $ 620,913 $ 624,778 $ 617,735 $ - $ 617,735 0151052 HEALTH EXPENSES 0151052 520240 EQUIPMENT MAINTENANCE $ 5,499 $ 5,700 $ 5,700 $ 6,000 $ 6,000 0151052 520291 MOSQUITO CONTROL $ 19,141 $ 19,715 $ 19,715 $ 20,315 $ 20,315 0151052 530303 CONTRACTED SERVICES $ 123,615 $ 175,258 $ 175,258 $ 271,000 $ 271,000 0151052 530315 MEDICAL TESTING $ 2,000 $ 2,200 $ 2,200 $ 2,300 $ 2,300 0151052 540421 OFFICE SUPPLIES $ 1,149 $ 1,300 $ 1,300 $ 1,500 $ 1,500 0151052 540422 PRINTING AND FORMS $ - $ 2,500 $ 2,500 $ 2,500 $ 2,500 0151052 540425 PROGRAM SUPPLIES $ 2,950 $ 3,200 $ 3,200 $ 3,200 $ 3,200 0151052 550500 MEDICAL SUPPLIES $ 11,555 $ 11,600 $ 11,600 $ 11,800 $ 11,800 0151052 550501 SANITIATION SUPPLIES $ 2,298 $ 2,800 $ 2,800 $ 3,000 $ 3,000 0151052 550511 BOOKS $ 849 $ 1,000 $ 1,000 $ 1,000 $ 1,000 0151052 570710 IN STATE TRAVEL $ 56 $ 1,500 $ 1,500 $ 1,500 $ 1,500 0151052 570730 DUES&SUBCRIPT. $ 1,170 $ 2,500 $ 2,500 $ 2,500 $ 2,500 0151052 570786 CONFERENCE EXPENSES $ 1,197 $ 2,000 $ 2,000 $ 3,000 $ 3,000 TOTAL HEALTH EXPENSES $ 171,479 $ 231,273 $ 231,273 $ 329,615 $ - $ 329,615 TOTAL HEALTH $ 768,536 $ 852,186 $ 856,051 $ 947,350 $ - $ 947,350 Page 33 CITY OF WATERTOWN NEXT YEAR BUDGET COMPARISON REPORT FY 2023 FY 2023 FY 2022 FY 2022 LEVEL ADDITIONAL FY 2021 ORIGINAL REVISED SERVICE FUNDING MANAGER ACTUAL BUDGET BUDGET BUDGET REQUESTS RECOMMENDS 0154151 COUNCIL ON AGING PERSONNEL 0154151 510111 FULL TIME SALARIES $ 271,022 $ 283,434 $ 285,258 $ 287,087 $ 287,087 0154151 510112 PART TIME SALARIES $ - $ 32,505 $ 32,505 $ 36,837 $ 36,837 0154151 510130 OVERTIME $ - $ 500 $ 500 $ 1,000 $ 1,000 0154151 510143 LONGEVITY $ 3,072 $ 3,125 $ 3,125 $ 3,125 $ 3,125 0154151 511111 PRIOR YEAR FULL TIME $ 3,969 0154151 511112 PRIOR YEAR PART TIME $ 234 TOTAL COUNCIL ON AGING PERSONNEL $ 278,297 $ 319,564 $ 321,388 $ 328,049 $ - $ 328,049 0154152 COUNCIL ON AGING EXPENSES 0154152 520211 ELECTRICITY $ 4,341 $ 11,378 $ 11,378 $ 11,720 $ 11,720 0154152 520213 GAS $ 2,119 $ 5,078 $ 5,078 $ 5,230 $ 5,230 0154152 520241 BUILDING MAINTENANCE $ 21,325 $ 22,027 $ 22,027 $ 22,468 $ 22,468 0154152 530382 MED TRANS $ 4,500 $ 4,500 $ 4,500 $ 4,500 $ 4,500 0154152 530383 PROGRAM SERVICES $ 30,500 $ 31,500 $ 31,500 $ 31,750 $ 31,750 0154152 540421 OFFICE SUPPLIES $ 1,200 $ 1,200 $ 1,200 $ 1,250 $ 1,250 0154152 540425 PROGRAM SUPPLIES $ 4,416 $ 4,480 $ 4,480 $ 4,570 $ 4,570 0154152 540490 FOOD SUPPLIES $ 3,250 $ 3,250 $ 3,250 $ 3,250 $ 3,250 0154152 570710 IN STATE TRAVEL $ 129 $ 500 $ 500 $ 500 $ 500 0154152 570771 EMERGENCY ASSISTANCE $ 5,830 $ 6,000 $ 6,000 $ 6,000 $ 6,000 TOTAL COUNCIL ON AGING EXPENSES $ 77,612 $ 89,913 $ 89,913 $ 91,238 $ - $ 91,238 0154158 COUNCIL ON AGING CAPITAL 0154158 580840IMPROVEMENTS $ 15,000 $ 15,000 $ 15,000 $ 15,000 $ 15,000 TOTAL COUNCIL ON AGING CAPITAL $ 15,000 $ 15,000 $ 15,000 $ 15,000 $ - $ 15,000 TOTAL COUNCIL ON AGING $ 370,908 $ 424,477 $ 426,301 $ 434,287 $ - $ 434,287 Page 34 CITY OF WATERTOWN NEXT YEAR BUDGET COMPARISON REPORT FY 2023 FY 2023 FY 2022 FY 2022 LEVEL ADDITIONAL FY 2021 ORIGINAL REVISED SERVICE FUNDING MANAGER ACTUAL BUDGET BUDGET BUDGET REQUESTS RECOMMENDS 0154351 VETERANS PERSONNEL 0154351 510111 FULL TIME SALARIES $ 74,012 $ 75,123 $ 77,775 $ 78,942 $ 78,942 0154351 510112 PART TIME SALARIES $ 1,500 $ 1,500 TOTAL VETERANS PERSONNEL $ 74,012 $ 75,123 $ 77,775 $ 78,942 $ 1,500 $ 80,442 0154352 VETERANS EXPENSES 0154352 540421 OFFICE SUPPLIES $ 521 $ 1,000 $ 1,000 $ 1,000 $ 1,000 0154352 540464 FLAGS $ 1,207 $ 5,000 $ 5,000 $ 5,000 $ 5,000 0154352 570710 IN STATE TRAVEL $ - $ 200 $ 200 $ 200 $ 200 0154352 570730 DUES&SUBCRIPT. $ 75 $ 200 $ 200 $ 200 $ 200 0154352 570770 VETERANS BENEFITS $ 95,157 $ 175,000 $ 175,000 $ 125,000 $ 125,000 0154352 570782 CITY OBSERVANCES $ 6,245 $ 16,000 $ 16,000 $ 16,000 $ 5,000 $ 21,000 0154352 570786 CONFERENCE EXPENSES $ - $ 1,200 $ 1,200 $ 1,200 $ 1,200 TOTAL VETERANS EXPENSES $ 103,204 $ 198,600 $ 198,600 $ 148,600 $ 5,000 $ 153,600 TOTAL VETERANS $ 177,217 $ 273,723 $ 276,375 $ 227,542 $ 6,500 $ 234,042 Page 35 CITY OF WATERTOWN NEXT YEAR BUDGET COMPARISON REPORT FY 2023 FY 2023 FY 2022 FY 2022 LEVEL ADDITIONAL FY 2021 ORIGINAL REVISED SERVICE FUNDING MANAGER ACTUAL BUDGET BUDGET BUDGET REQUESTS RECOMMENDS 0161051 LIBRARY PERSONNEL 0161051 510111 FULL TIME SALARIES $ 1,537,255 $ 1,663,037 $ 1,669,218 $ 1,668,348 $ 68,426 $ 1,726,021 0161051 510112 PART TIME SALARIES $ 538,003 $ 641,476 $ 641,034 $ 656,143 $ 26,000 $ 682,143 0161051 510130 OVERTIME $ 17,540 $ 25,000 $ 25,000 $ 30,000 $ 30,000 0161051 510141 SHIFT DIFFERENTIAL $ 2,741 $ 4,824 $ 4,824 $ 3,719 $ 3,719 0161051 510143 LONGEVITY $ 29,923 $ 29,516 $ 29,516 $ 29,202 $ 29,202 0161051 510190 CLOTHING $ 2,837 $ 2,934 $ 3,376 $ 2,925 $ 2,925 0161051 511111 PRIOR YEAR FULL TIME $ 5,705 0161051 511112 PRIOR YEAR PART TIME $ 729 TOTAL LIBRARY PERSONNEL $ 2,134,734 $ 2,366,787 $ 2,372,968 $ 2,390,337 $ 94,426 $ 2,474,010 0161052 LIBRARY EXPENSES 0161052 520211 ELECTRICITY $ 93,414 $ 143,589 $ 143,589 $ 147,897 $ 147,897 0161052 520213 GAS $ 18,454 $ 39,172 $ 39,172 $ 40,347 $ 40,347 0161052 520240 EQUIPMENT MAINTENANCE $ 17,359 $ 18,029 $ 18,029 $ 18,029 $ 18,029 0161052 520241 BUILDING MAINTENANCE $ 25,384 $ 43,500 $ 43,500 $ 44,451 $ 44,451 0161052 520244 COMPUTER MAINTENANCE $ 122,162 $ 92,112 $ 92,112 $ 96,309 $ 23,580 $ 119,889 0161052 530327 REGIONAL LIBRARY SERVICES $ 71,570 $ 76,569 $ 76,569 $ 81,673 $ 81,673 0161052 530383 PROGRAM SERVICES $ 1,510 $ 7,000 $ 7,000 $ 7,500 $ 1,500 $ 9,000 0161052 530342 POSTAGE $ 6,500 $ 1,600 $ 1,600 $ 1,700 $ 1,700 0161052 540421 OFFICE SUPPLIES $ 12,000 $ 12,000 $ 12,000 $ 12,000 $ 12,000 0161052 540422 PRINTING AND FORMS $ 4,600 $ 6,300 $ 6,300 $ 6,400 $ 6,400 0161052 540425 PROGRAM SUPPLIES $ 500 $ 600 $ 600 $ 750 $ 750 0161052 540430 BLDG MAINT SUPPLIES $ 15,434 $ 17,340 $ 17,340 $ 17,860 $ 17,860 0161052 550511 LIBRARY MATERIALS $ 414,761 $ 443,000 $ 443,000 $ 456,000 $ 25,000 $ 481,000 Page 36 CITY OF WATERTOWN NEXT YEAR BUDGET COMPARISON REPORT FY 2023 FY 2023 FY 2022 FY 2022 LEVEL ADDITIONAL FY 2021 ORIGINAL REVISED SERVICE FUNDING MANAGER ACTUAL BUDGET BUDGET BUDGET REQUESTS RECOMMENDS 0161052 550512 BOOK PROCESSING $ 41,462 $ 41,800 $ 41,800 $ 45,000 $ 45,000 0161052 570710 IN STATE TRAVEL $ - $ 500 $ 500 $ 500 $ 500 0161052 570730 DUES&SUBCRIPT. $ 1,200 $ 1,300 $ 1,300 $ 1,300 $ 1,300 0161052 570735 PROJECT LITERACY $ 8,635 $ 8,700 $ 8,700 $ 10,000 $ 800 $ 10,800 0161052 570785 COMMITTEE EXPENSES $ 402 $ 2,600 $ 2,600 $ 2,600 $ 2,600 0161052 570787 STAFF DEVELOPMENT $ 3,124 $ 10,000 $ 10,000 $ 10,000 $ 10,000 TOTAL LIBRARY EXPENSES $ 858,470 $ 965,711 $ 965,711 $ 1,000,316 $ 50,880 $ 1,051,196 0161058 LIBRARY CAPITAL 0161058 580840IMPROVEMENTS $ 49,000 $ 81,000 $ 81,000 $ 81,000 $ 81,000 0161058 580870 REPLACEMENT OF EQUIP. $ 20,000 $ 20,000 $ 20,000 $ 20,000 $ 20,000 TOTAL LIBRARY CAPITAL $ 69,000 $ 101,000 $ 101,000 $ 101,000 $ - $ 101,000 TOTAL LIBRARY $ 3,062,204 $ 3,433,498 $ 3,439,679 $ 3,491,653 $ 145,306 $ 3,626,206 Page 37 CITY OF WATERTOWN NEXT YEAR BUDGET COMPARISON REPORT FY 2023 FY 2023 FY 2022 FY 2022 LEVEL ADDITIONAL FY 2021 ORIGINAL REVISED SERVICE FUNDING MANAGER ACTUAL BUDGET BUDGET BUDGET REQUESTS RECOMMENDS 0163051 RECREATION PERSONNEL 0163051 510111 FULL TIME SALARIES $ 286,179 $ 294,330 $ 295,357 $ 296,369 $ 53,000 $ 349,369 0163051 510112 PART TIME SALARIES $ 55,869 $ 65,000 $ 65,000 $ 65,000 $ 65,000 0163051 510130 OVERTIME $ 6,304 $ 7,000 $ 7,000 $ 7,000 $ 7,000 0163051 510143 LONGEVITY $ 2,650 $ 3,467 $ 4,404 $ 5,175 $ 5,175 0163051 510190 CLOTHING $ 875 $ 900 $ 900 $ 900 $ 900 0163051 511111 PRIOR YEAR FULL TIME $ 3,815 TOTAL RECREATION PERSONNEL $ 355,692 $ 370,697 $ 372,661 $ 374,444 $ 53,000 $ 427,444 0163052 RECREATION EXPENSES 0163052 520270 BUILDING RENTAL $ - $ 20,000 $ 20,000 0163052 530303 CONTRACTED SERVICES $ 6,000 $ 6,000 $ 6,000 $ 6,000 $ 6,000 0163052 540421 OFFICE SUPPLIES $ 300 $ 300 $ 300 $ 300 $ 300 0163052 540422 PRINTING AND FORMS $ 750 $ 750 $ 750 $ 750 $ 750 0163052 550500 MEDICAL SUPPLIES $ 400 $ 400 $ 400 $ 400 $ 400 0163052 550510 EDUCATION SUPPLIES $ 867 $ 1,500 $ 1,500 $ 1,500 $ 1,500 0163052 550585 RECREATION SUPPLIES $ 15,750 $ 15,750 $ 15,750 $ 15,750 $ 15,750 0163052 550586 UNIFORMS $ 525 $ 525 $ 525 $ 525 $ 525 0163052 570710 IN STATE TRAVEL $ 24 $ 1,000 $ 1,000 $ 1,000 $ 1,000 0163052 570730 DUES&SUBCRIPT. $ 1,000 $ 1,000 $ 1,000 $ 1,000 $ 1,000 0163052 570782 HOLIDAY CELEBRATIONS $ 1,526 $ 3,000 $ 3,000 $ 3,000 $ 3,000 TOTAL RECREATION EXPENSES $ 27,142 $ 30,225 $ 30,225 $ 30,225 $ 20,000 $ 50,225 TOTAL RECREATION $ 382,835 $ 400,922 $ 402,886 $ 404,669 $ 73,000 $ 477,669 Page 38 CITY OF WATERTOWN NEXT YEAR BUDGET COMPARISON REPORT FY 2023 FY 2023 FY 2022 FY 2022 LEVEL ADDITIONAL FY 2021 ORIGINAL REVISED SERVICE FUNDING MANAGER ACTUAL BUDGET BUDGET BUDGET REQUESTS RECOMMENDS 0163151 MUNICIPAL SKATING PERSONNEL 0163151 510111 FULL TIME SALARIES 125,254 $ 140,894 $ 142,537 $ 141,681 $ 141,681 0163151 510112 PART TIME SALARIES 40,185 $ 83,000 $ 83,000 $ 83,000 $ 83,000 0163151 510130 OVERTIME 1,050 $ 2,000 $ 2,000 $ 2,000 $ 2,000 0163151 510190 CLOTHING 250 $ 300 $ 300 $ 300 $ 300 TOTAL MUNICIPAL SKATING PERSONNEL $ 166,739 $ 226,194 $ 227,837 $ 226,981 $ - $ 226,981 0163152 MUNICIPAL SKATING EXPENSES 0163152 520211 ELECTRICITY $ 94,405 $ 154,036 $ 154,036 $ 158,657 $ 158,657 0163152 520213 GAS $ 26,385 $ 42,388 $ 42,388 $ 43,660 $ 43,660 0163152 520245 VEHICLE MAINTENANCE $ 2,200 $ 2,200 $ 2,200 $ 2,200 $ 2,200 0163152 520246 HVAC MAINTENANCE $ 7,000 $ 12,500 $ 12,500 $ 15,000 $ 15,000 0163152 540430 BUILDING SUPPLIES $ 16,607 $ 18,000 $ 18,000 $ 18,000 $ 18,000 0163152 540451 CUSTODIAN SUPPLIES $ 5,000 $ 5,000 $ 5,000 $ 5,000 $ 5,000 0163152 540481 VEHICLE PARTS $ 2,200 $ 2,200 $ 2,200 $ 2,200 $ 2,200 0163152 570730 DUES&SUBCRIPT. $ 200 $ 200 $ 200 $ 200 $ 200 TOTAL MUNICIPAL SKATING EXPENSES $ 153,996 $ 236,524 $ 236,524 $ 244,917 $ - $ 244,917 0163158 MUNICIPAL SKATING CAPITAL 0163158 580840IMPROVEMENTS $ 30,000 $ 30,000 $ 30,000 $ 30,000 $ 30,000 TOTAL MUNICIPAL SKATING CAPITAL $ 30,000 $ 30,000 $ 30,000 $ 30,000 $ - $ 30,000 TOTAL MUNICIPAL SKATING $ 350,734 $ 492,718 $ 494,361 $ 501,898 $ - $ 501,898 Page 39 CITY OF WATERTOWN NEXT YEAR BUDGET COMPARISON REPORT FY 2023 FY 2023 FY 2022 FY 2022 LEVEL ADDITIONAL FY 2021 ORIGINAL REVISED SERVICE FUNDING MANAGER ACTUAL BUDGET BUDGET BUDGET REQUESTS RECOMMENDS 0171000 DEBT RETIREMENT 0171000 590910 RETIREMENT OF PRINCIPAL $ 5,785,000 $ 10,215,000 $ 10,215,000 $ 10,343,500 $ 10,343,500 0171000 590915 LONG TERM INTEREST $ 1,630,637 $ 4,571,348 $ 4,571,348 $ 4,471,502 $ 4,471,502 0171000 590926 AUTHORIZED/UNISSUED $ 93,231 $ 909,957 $ 909,957 $ 4,439,869 $ 4,439,869 0171000 590927 PLANNED DEBT $ - $ 4,211,214 $ 3,530,060 $ 3,687,092 $ 3,687,092 0171000 590951 COST OF CERTIFYING $ 2,500 $ 5,000 $ 5,000 $ 5,000 $ 5,000 TOTAL DEBT RETIREMENT $ 7,511,369 $ 19,912,519 $ 19,231,365 $ 22,946,963 $ - $ 22,946,963 Page 40 CITY OF WATERTOWN NEXT YEAR BUDGET COMPARISON REPORT FY 2023 FY 2023 FY 2022 FY 2022 LEVEL ADDITIONAL FY 2021 ORIGINAL REVISED SERVICE FUNDING MANAGER ACTUAL BUDGET BUDGET BUDGET REQUESTS RECOMMENDS 0182056 STATE AND COUNTY CHARGES 0182056 560629 SCHOOL CHOICE $ 211,295 $ 193,882 $ 243,318 $ 209,859 $ 209,859 0182056 560630 CHARTER SCHOOL $ 231,195 $ 261,781 $ 261,782 $ 411,551 $ 411,551 0182056 560640 AIR POLLUTION CONT. DIST. $ 13,970 $ 15,018 $ 15,018 $ 15,154 $ 15,154 0182056 560641 METRO AREA PLAN. COUNCIL $ 19,300 $ 19,799 $ 19,799 $ 19,732 $ 19,732 0182056 560646 PARK SURCHARGES $ 66,160 $ 66,160 $ 66,160 $ 60,100 $ 60,100 0182056 560661 MBTA $ 2,415,906 $ 2,421,481 $ 2,421,481 $ 2,447,477 $ 2,447,477 0182056 560662 BOSTON METRO. DISTRICT $ 545 $ 572 $ 572 $ 572 $ 572 TOTAL STATE AND COUNTY CHARGES $ 2,958,371 $ 2,978,693 $ 3,028,130 $ 3,164,445 $ - $ 3,164,445 Page 41 CITY OF WATERTOWN NEXT YEAR BUDGET COMPARISON REPORT FY 2023 FY 2023 FY 2022 FY 2022 LEVEL ADDITIONAL FY 2021 ORIGINAL REVISED SERVICE FUNDING MANAGER ACTUAL BUDGET BUDGET BUDGET REQUESTS RECOMMENDS 0191151 PENSION COSTS AND OPEB 0191151 510171 CONTRIBUTORY $ 14,538,179 $ 7,459,084 $ 7,459,084 $ 1,100,000 $ 1,100,000 0191151 510179INDEMNIFICATION $ 49,493 $ 50,000 $ 50,000 $ 25,000 $ 25,000 TOTAL PENSION COSTS $ 14,587,672 $ 7,509,084 $ 7,509,084 $ 1,125,000 $ - $ 1,125,000 0191159 590972 TRANSFER TO OPEB TRUST FUND $ 2,379,017 $ 6,698,124 $ 6,698,124 $ 13,709,426 $ 13,709,426 TOTAL OPEB $ 2,379,017 $ 6,698,124 $ 6,698,124 $ 13,709,426 $ - $ 13,709,426 TOTAL PENSION COSTS AND OPEB $ 16,966,689 $ 14,207,208 $ 14,207,208 $ 14,834,426 $ - $ 14,834,426 Page 42 CITY OF WATERTOWN NEXT YEAR BUDGET COMPARISON REPORT FY 2023 FY 2023 FY 2022 FY 2022 LEVEL ADDITIONAL FY 2021 ORIGINAL REVISED SERVICE FUNDING MANAGER ACTUAL BUDGET BUDGET BUDGET REQUESTS RECOMMENDS 0191200 INSURANCE& EMPLOYEE BENEFITS 0191200 510117 SICK LEAVE BUYBACK $ 200,000 $ 200,000 $ 200,000 $ 200,000 $ 200,000 0191200 510167 PUB. SFTY IOD CLAIMS ADMN $ 15,000 $ 15,000 $ 15,000 $ 15,000 $ 15,000 0191200 510173 WORKER'S COMP. INSUR. $ 564,964 $ 514,576 $ 514,576 $ 439,624 $ 439,624 0191200 510175 UNEMPLOYMENT $ 25,000 $ 25,000 $ 25,000 $ 25,000 $ 25,000 0191200 510176 GROUP LIFE INSURANCE $ 61,924 $ 70,000 $ 70,000 $ 70,000 $ 70,000 0191200 510178 MEDICARE TAX $ 1,004,545 $ 1,137,500 $ 1,137,500 $ 1,180,000 $ 1,180,000 0191200 510180 CITY HEALTH INSURANCE $ 3,727,079 $ 4,479,846 $ 4,479,846 $ 4,660,000 $ 344,746 $ 4,781,902 0191200 510181 SCHOOL HEALTH INS. $ 5,507,365 $ 6,091,608 $ 6,091,608 $ 6,305,000 $ 79,985 $ 6,384,985 0191200 510185 MEDICARE PART B REIMB. $ 623,631 $ 660,000 $ 660,000 $ 720,000 $ 720,000 0191200 510186 PEC RELATED FEES $ 20,277 $ 21,600 $ 21,600 $ 22,000 $ 22,000 TOT. INS. & EMPLOYEE PERSONNEL RELATED COSTS $ 11,749,784 $ 13,215,130 $ 13,215,130 $ 13,636,624 $ 424,731 $ 13,838,511 0191200 570741 PROPERTY& LIAB. INS. $ 650,501 $ 856,200 $ 856,200 $ 1,026,339 $ 1,026,339 TOT. INSURANCE& EMPLY. SUPPLIES AND SERVICES $ 650,501 $ 856,200 $ 856,200 $ 1,026,339 $ - $ 1,026,339 0191200 590966 SETTLEMENTS $ 50,000 $ 50,000 $ 50,000 $ 50,000 $ 50,000 0191200 590972 RETIREE HEALTH INS. $ 3,995,000 $ 4,195,000 $ 4,195,000 $ 4,215,000 $ 4,215,000 TOT. INSURANCE&EMPL. CAPITAL COSTS/OTHER $ 4,045,000 $ 4,245,000 $ 4,245,000 $ 4,265,000 $ - $ 4,265,000 TOTAL INSURANCE& EMPLOYEE BENEFITS $ 16,445,285 $ 18,316,330 $ 18,316,330 $ 18,927,963 $ 424,731 $ 19,129,850 Page 43 CITY OF WATERTOWN NEXT YEAR BUDGET COMPARISON REPORT FY 2023 FY 2023 FY 2022 FY 2022 LEVEL ADDITIONAL FY 2021 ORIGINAL REVISED SERVICE FUNDING MANAGER ACTUAL BUDGET BUDGET BUDGET REQUESTS RECOMMENDS 0193059 TRANSFERS/CAPITAL PROJECTS 0193059 530350 ON CALL ARCHITECT DESIGN SERV. $ 200,000 $ 200,000 $ 200,000 $ 200,000 $ 200,000 0193059 590962 TR STREETS&SIDEWALKS $ 1,114,600 $ 1,170,400 $ 1,170,400 $ 1,228,920 $ 1,228,920 0193059 590963 TR CITY CAP-RECREATION $ 225,000 $ 225,000 $ 225,000 $ 200,000 $ 200,000 0193059 590965 TR TO CAP PROJ./SCHOOL $ 459,000 $ 161,000 $ 161,000 $ 310,000 $ 310,000 0193059 590975 TR TO COMMANDER'S MANS. $ 30,000 $ 30,000 $ 30,000 $ 30,000 0193059 590976 TR CITY CAP-MONUMENTS $ 15,000 $ 15,000 $ 15,000 $ 15,000 $ 15,000 0193059 596500 TR TO CAPITAL PROJECTS $ 108,484 $ 500,000 $ 500,000 0193059 596502 TR TO CAP PROJECTS/CITY 1,300,000 $ 800,000 0193059 596505 TR TO CAP PRJ ELEMENTARY SCH. $ 5,295,000 0193059 596509 TR TO CAP PRJ-PUBLIC BUILDINGS $ 66,068 0193059 596511 TR TO CAP PRJ- IT DEPARTMENT $ 589,100 $ 572,670 $ 200,000 $ 200,000 0193059 596512 TR TO CAP PRJ-NEW HIGH SCH. $ 5,201,221 TOTAL TRANSFERS/CAPITAL PROJECTS $ 9,263,768 $ 1,801,400 $ 8,483,775 $ 2,683,920 $ - $ 2,683,920 Page 44 CITY OF WATERTOWN NEXT YEAR BUDGET COMPARISON REPORT FY 2023 FY 2023 FY 2022 FY 2022 LEVEL ADDITIONAL FY 2021 ORIGINAL REVISED SERVICE FUNDING MANAGER ACTUAL BUDGET BUDGET BUDGET REQUESTS RECOMMENDS 0194000 OTHER FINANCING USES 0194000 530323 COMPREHENSIVE PLAN $ 100,000 0194000 530329 CHARTER REVIEW $ 18,000 0194000 530330 PHILLIPS SCH./SR. CTR SITE STUDY $ 29,500 0194000 530331 TOWN MANAGER SEARCH $ 14,000 0194000 530334 SALARY STUDY $ 35,000 $ 35,000 0194000 530335 PERSONNEL DEPT ASSESSMENT $ 50,000 $ 50,000 0194000 530337 NEXUS STUDY-AFFORD. LINKAGE $ 50,000 0194000 530386 CLIMATE& ENERGY MASTER $ 102,175 0194000 590966 TRANSFERS TO TRUST FUNDS $ 18,182 0194000 590967 MUN. WATER/SEWER $ 246,068 $ 270,675 $ 270,675 $ 249,000 $ 249,000 0194000 590969 SCHOOL USE OF RINK $ 33,086 $ 50,000 $ 50,000 $ 50,000 $ 50,000 0194000 590975 TRNSFR TO COMMANDER MANSION $ 90,000 $ 30,000 $ 30,000 0194000 590977 SCHOOL VICTORY FIELD LIGHTS $ - $ 35,000 $ 35,000 $ 35,000 $ 35,000 0194000 590980 TR TO PUBLIC ART REVOLVING $ 15,000 $ 15,000 $ 15,000 $ 15,000 0194000 596802 TRANS. TO CAP PROJ STAB $ 500,000 0194000 596804 TRANS. TO UNFUNDED PENS. STAB. $ 5,000,000 0194000 596805 TRANS. TO ESCO CAP PROJ STAB $ 390,000 0194000 596808 TRANS. TO ACQ. LAND/OPEN STAB. $ 8,500,000 $ 1,500,000 $ 1,500,000 $ 1,250,000 $ 1,250,000 0194000 596809 TRANS. TO NEW HIGH SCHOOL STAB $ 3,000,000 $ 3,000,000 $ 3,000,000 $ 1,983,055 $ 1,983,055 0194000 596820 TRANS. TO AFFORD HOUSING TRUST $ 250,000 $ 250,000 TOTAL OTHER FINANCING USES $ 13,027,011 $ 4,870,675 $ 9,934,675 $ 3,947,055 $ - $ 3,947,055 0195000 590999 EDUCATION $ 51,937,315 $ 53,755,121 $ 53,755,121 $ 55,636,550 $ 55,636,550 GRAND TOTAL $ 161,328,035 $ 164,430,000 $ 176,574,197 $ 173,317,104 $ 5,366,995 $ 174,789,000 Page 45 CITY OF WATERTOWN NEXT YEAR BUDGET COMPARISON REPORT FY 2023 FY 2023 FY 2022 FY 2022 LEVEL ADDITIONAL FY 2021 ORIGINAL REVISED SERVICE FUNDING MANAGER ACTUAL BUDGET BUDGET BUDGET REQUESTS RECOMMENDS GENERAL GOVERNMENT $ 6,239,184 $ 8,824,540 $ 9,598,274 $ 10,324,578 $ 166,550 $ 10,491,128 PUBLIC SAFETY $ 21,633,482 $ 22,305,829 $ 22,531,829 $ 22,615,594 $ 3,975,908 $ 22,930,001 PUBLIC WORKS $ 5,495,653 $ 6,387,861 $ 6,399,537 $ 6,720,287 $ 150,000 $ 6,870,287 SNOW AND ICE REMOVAL $ 1,317,326 $ 1,500,000 $ 1,500,000 $ 1,500,000 $ - $ 1,500,000 WASTE DISPOSAL $ 3,420,148 $ 3,692,300 $ 3,692,300 $ 4,007,925 $ 425,000 $ 4,432,925 HEALTH & HUMAN SERVICES $ 1,316,661 $ 1,550,386 $ 1,558,727 $ 1,609,179 $ 6,500 $ 1,615,679 LIBRARY $ 3,062,204 $ 3,433,498 $ 3,439,679 $ 3,491,653 $ 145,306 $ 3,626,206 RECREATION $ 733,569 $ 893,640 $ 897,247 $ 906,567 $ 73,000 $ 979,567 DEBT RETIREMENT $ 7,511,369 $ 19,912,519 $ 19,231,365 $ 22,946,963 $ - $ 22,946,963 STATE AND COUNTY CHARGES $ 2,958,371 $ 2,978,693 $ 3,028,130 $ 3,164,445 $ - $ 3,164,445 PENSION COSTS AND OPEB $ 16,966,689 $ 14,207,208 $ 14,207,208 $ 14,834,426 $ - $ 14,834,426 INSURANCE AND EMPLOYEE BENEFITS $ 16,445,285 $ 18,316,330 $ 18,316,330 $ 18,927,963 $ 424,731 $ 19,129,850 CAPITAL PROJECTS $ 9,263,768 $ 1,801,400 $ 8,483,775 $ 2,683,920 $ - $ 2,683,920 OTHER FINANCING USES&MISC. $ 13,027,011 $ 4,870,675 $ 9,934,675 $ 3,947,055 $ - $ 3,947,055 EDUCATION $ 51,937,315 $ 53,755,121 $ 53,755,121 $ 55,636,550 $ - $ 55,636,550 TOTAL $ 161,328,035 $ 164,430,000 $ 176,574,197 $ 173,317,104 $ 5,366,995 $ 174,789,000 Page 46 CITY OF 'VA O�N VERry 1630 TED CATER AND SEWER SUBMIT BUD GET S ENTERPRISE FISCAL SEAR 2022"2023 FISCAL YEAR 2023 WATER ENTERPRISE FUND CAPITAL EXPENDITURES, PERSONNEL 2.65% SERVICES, 12.65% . SUPPLIES & SERVICES, 4.67% DEBT, 16.42% MWRA, 46.61 INDIRECT COSTS, 16.99% FY 2023 WATER ENTERPRISE FUND FY 2023 FY 2023 FY 2022 FY 2022 LEVEL ADDITIONAL FY 2021 ORIGINAL REVISED SERVICE FUNDING MANAGER EXP. & ENC. BUDGET BUDGET BUDGET REQUESTS RECOMMENDS 600051 WATER PERSONNEL 510111 FULL TIME SALARIES $ 595,354 $ 838,042 $ 838,042 $ 851,535 $ 851,535 510112 PART TIME SALARIES $ 9,509 $ 11,520 $ 11,520 $ 11,520 $ 11,520 510130 OVERTIME $ 219,800 $ 221,650 $ 221,650 $ 225,000 $ 225,000 510141 SHIFT DIFFERENTIAL $ - $ 1,670 $ 1,670 $ 1,670 $ 1,670 510143 LONGEVITY $ 24,224 $ 21,550 $ 21,550 $ 22,700 $ 22,700 510145 DPW LICENSES/CERTIFICATIONS $ 2,800 $ 5,250 $ 5,250 $ 5,000 $ 5,000 510190 CLOTHING ALLOWANCE $ 4,975 $ 6,175 $ 6,175 $ 6,400 $ 6,400 510192 MEALS ALLOWANCE $ - $ 2,000 $ 2,000 $ 2,000 $ 2,000 511111 PRIOR YEAR FULL TIME SALARIES $ 5,203 TOTAL WATER PERSONNEL $ 861,865 $ 1,107,857 $ 1,107,857 $ 1,125,825 $ - $ 1,125,825 600052 WATER EXPENSES 520244 COMPUTER MAINTENANCE $ 16,455 $ 16,600 $ 16,600 $ 16,600 $ 16,600 520272 STREET REPAIR SERVICES $ 81,824 $ 83,000 $ 83,000 $ 83,000 $ 83,000 520273 SIDEWALK REPAIR SERVICES $ 30,000 $ 30,000 $ 30,000 $ 30,000 $ 30,000 530303 CONTRACTED SERVICES $ 29,765 $ 30,000 $ 30,000 $ 50,000 $ 50,000 540422 PRINTING & FORMS $ 21,559 $ 23,000 $ 23,000 $ 23,000 $ 23,000 540432 TOOLS $ 12,651 $ 17,500 $ 17,500 $ 17,500 $ 17,500 550531 WATER MATERIALS &SUPPLIES $ 168,813 $ 170,000 $ 170,000 $ 170,000 $ 170,000 560671 MWRA ASSESSMENTS $ 3,935,832 $ 4,184,354 $ 4,184,354 $ 4,147,401 $ 4,147,401 570780 RESERVE FUND $ 25,000 $ 25,000 $ 25,000 $ 25,000 TOTAL WATER EXPENSES $ 4,296,899 $ 4,579,454 $ 4,579,454 $ 4,562,501 $ - $ 4,562,501 600058 WATER CAPITAL 580840IMPROVEMENTS $ 199,649 $ 200,000 $ 200,000 $ 200,000 $ 200,000 580870 REPLACEMENT OF EQUIPMENT $ 35,550 $ 36,000 $ 36,000 $ 36,000 $ 36,000 TOTAL WATER CAPITAL $ 235,199 $ 236,000 $ 236,000 $ 236,000 $ - $ 236,000 600059 WATER OTHER FINANCING USES 590910 RETIREMENT OF DEBT PRINCIPAL $ 516,350 $ 1,008,300 $ 1,008,300 $ 1,232,800 $ 1,232,800 590915 INTEREST ON LONG TERM DEBT $ 25,663 $ 168,588 $ 168,588 $ 229,261 $ 229,261 590973 TRANSFER TO CAP PROJECT/WATER $ 250,000 $ - $ - $ - $ - 596100 TRANSFER TO GENERAL FUND $ 1,588,520 $ 1,553,006 $ 1,553,006 $ 1,511,731 $ 1,511,731 TOTAL WATER OTHER FINANC USES $ 2,380,533 $ 2,729,894 $ 2,729,894 $ 2,973,792 $ - $ 2,973,792 TOTAL WATER $ 7,774,496 $ 8,653,205 $ 8,653,205 $ 8,898,118 $ - $ 8,898,118 FISCAL YEAR 2023 SEWER ENTERPRISE FUND CAPITAL EXPENDITURES, SUPPLIES & 11.93% SERVICES, 4.24% PERSONNEL SERVICES, 6.11% DEBT, 4.93% INDIRECT COSTS, 12.31% MWRA, 60.49% FY 2023 SEWER ENTERPRISE FUND FY 2023 FY 2023 FY 2022 FY 2022 LEVEL ADDITIONAL FY 2021 ORIGINAL REVISED SERVICE FUNDING MANAGER EXP. & ENC. BUDGET BUDGET BUDGET REQUESTS RECOMMENDS 610051 SEWER PERSONNEL 510111 FULL TIME SALARIES $ 342,531 $ 502,732 $ 500,936 $ 510,047 $ 510,047 510130 OVERTIME $ 139,947 $ 154,825 $ 154,825 $ 158,000 $ 158,000 510141 SHIFT DIFFERENTIAL $ 5,747 $ 5,846 $ 5,846 $ 8,352 $ 8,352 510143 LONGEVITY $ 7,891 $ 8,600 $ 10,396 $ 8,600 $ 8,600 510145 LICENSES/CERTIFICATIONS $ - $ - $ - $ 3,000 $ 3,000 510190 CLOTHING ALLOWANCE $ 2,875 $ 3,875 $ 3,875 $ 4,000 $ 4,000 510192 MEALS ALLOWANCE $ - $ 2,000 $ 2,000 $ 2,000 $ 2,000 TOTAL SEWER PERSONNEL $ 498,991 $ 677,878 $ 677,878 $ 693,999 $ - $ 693,999 610052 SEWER EXPENSES 520271 RENTAL OF EQUIPMENT $ 35,000 $ 35,000 $ 35,000 $ 35,000 $ 35,000 520272 STREET REPAIR SERVICES $ 67,280 $ 67,500 $ 67,500 $ 67,500 $ 67,500 520273 SIDEWALK REPAIR SERVICES $ 35,000 $ 35,000 $ 35,000 $ 35,000 $ 35,000 530303 CONTRACTED SERVICES $ 224,980 $ 225,000 $ 225,000 $ 225,000 $ 225,000 540432 TOOLS $ 8,350 $ 8,500 $ 8,500 $ 8,500 $ 8,500 550534 SEWER MATERIALS &SUPPLIES $ 89,959 $ 90,000 $ 90,000 $ 90,000 $ 90,000 560671 MWRA ASSESSMENTS $ 6,648,177 $ 6,859,624 $ 6,859,624 $ 6,870,077 $ 6,870,077 570780 RESERVE FUND $ 20,000 $ 20,000 $ 20,000 $ 20,000 TOTAL SEWER EXPENSES $ 7,108,746 $ 7,340,624 $ 7,340,624 $ 7,351,077 $ - $ 7,351,077 610058 SEWER CAPITAL 580840IMPROVEMENTS $ 800,000 $ 800,000 $ 800,000 $ 1,100,000 $ 1,100,000 580860 ADDITIONAL EQUIPMENT $ 174,242 $ 175,000 $ 175,000 $ 175,000 $ 175,000 580870 REPLACEMENT OF EQUIPMENT $ 79,043 $ 80,000 $ 80,000 $ 80,000 $ 80,000 TOTAL SEWER CAPITAL $ 1,053,285 $ 1,055,000 $ 1,055,000 $ 1,355,000 $ - $ 1,355,000 610059 SEWER OTHER FINANCING USES 590910 RETIREMENT OF DEBT PRINCIPAL $ 376,440 $ 408,640 $ 408,640 $ 474,390 $ 474,390 590915 INTEREST ON LONG TERM DEBT $ 34,612 $ 46,518 $ 46,518 $ 84,993 $ 84,993 596100 TRANSFER TO GENERAL FUND $ 1,491,802 $ 1,507,448 $ 1,507,448 $ 1,397,994 $ 1,397,994 596502 TRANSFER TO CAPITAL PROJECTS $ - TOTAL SEWER OTHER FINANCING USES $ 1,902,854 $ 1,962,606 $ 1,962,606 $ 1,957,377 $ - $ 1,957,377 TOTAL SEWER $ 10,563,876 $ 11,036,108 $ 11,036,108 $ 11,357,453 $ - $ 11,357,453 School Construction Projects G E;r• Hosmer Elementary School Move in February 2022 Cunniff Elementary School Reopened October 12, 2021 i4 Lowell Elementary School Started in April 2022 Watertown High School MSBA Approved Funding February 2022