Article 18: Appropriation – Capital Improvement Plan for Fiscal Year 2024

This article funds the Town’s Capital Improvement Plan for FY24.  The Town has a five year capital improvement and capital budgeting plan, which it updates annually.  The Town’s Capital Improvement plan can be found on page 61 of the Town’s budget document and is available here: https://drive.google.com/drive/folders/1MDWJBzmPa5dAcggAAUBI6PZQwaqv5jtd

This year’s capital improvement plan continues to implement Facilities Master Plan II and more information on that plan can be found here: https://sites.google.com/northandoverma.gov/fmp-2-0/home.  This year the Town will vote on whether or not to move forward with debt to build an addition and do renovation at the Middle School.