Wednesday, April 20, 2011
Two overrides on town meeting warrant
I provided a short tutorial on three types of overrides that come up often at town meetings and elections. Read that post by clicking here.
How do you plan to vote on these two overrides at the ballot box on May 5th? Weigh with your comments here and register your anticipated vote in the poll at the right.
On the Town of
Sandwich’s May 2nd annual town meeting warrant appear two overrides: one for roof and window repairs and replacements at the and Forestdale schools, and the other for replacing the Oak Ridge HVAC system at the library.
The school building article calls for a debt exclusion (an override for capital expenditures paid for over multiple years) and assumes a reimbursement of nearly one-half of the project costs from the Massachusetts School Building Authority. The total estimated cost of the project is $2.5 million, before the MSBA reimbursement.
Our second override is a capital exclusion, which is collected directly from taxpayers via an assessment on property taxes for one year. No financing is necessary. The library
HVAC system replacement will cost an estimated $450,000.