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Committee
Recommendations for Long-
Term Capital Needs
Town of Duxbury
Annual Town Meeting
March 12, 2011
1
Long-Term Capital Review
Definition of Capital:
• Total purchases that exceed $25K and have
an estimated life of 3 Years or more
Capital Funding
• Cash Expenditures from the Annual Budget
• Borrowing under the Levy Limit
• Capital Expenditure Exclusion-adds to tax bill
• Debt Exclusion-adds to tax bill
2
Capital Expenditure Categories
3
Capital Expenditure Categories
1,800,000
1,600,000
1,400,000
1,200,000
1,000,000
800,000
600,000
400,000
200,000
-
6
Building Maintenance
and Office Equipment
Maintenance
2,000,000
1,800,000
1,600,000
1,400,000
1,200,000
1,000,000
800,000
600,000
400,000
200,000
-
7
Capital Expenditure Categories
8
Buildings and Real Estate
Building
700,000
600,000
500,000
400,000
300,000
200,000
100,000
-
10
Building Projects
Crematory Replacement - $2.6 million
Assumes 15 Year borrowing with Level Principal Payments
• Level Principal Payments is the method of financing Duxbury traditionally uses
• Estimated to add ~$41 to Median Tax Bill in FY2013
11
Building Projects
12
Future Building Projects
9,000,000.00
8,000,000.00
7,000,000.00
6,000,000.00
2,000,000.00
1,000,000.00
-
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
2031
2032
2033
2034
2035
2036
2037
2038
Assumes all project approved as proposed
15
Town of Duxbury
Debt Levy Estimates
14000
12000
10000
8000
6000
4000
2000
0
2011
2013
2015
2017
2019
2021
2023
2025
2027
2029
2031
2033
2035
2037
Current Tax Bill Based on Current Impact CPA
18
Capital Planning
21