Article 2014-20 Fire Dept. Capital Reserve Fund for Future

Article 2014-20 Fire Dept. Capital Reserve Fund for Future

Postby Rob C - Moderator » Sat Mar 01, 2014 10:23 pm

Article 2014-20 Fire Dept. Capital Reserve Fund for Future Fire Dept. Vehicle Purchases

To see if the Town will raise and appropriate the sum of Thirty Thousand Dollars ($30,000.00) to be added to the Fire Dept. Capital Reserve Fund for Future Fire Dept. Vehicle Purchases previously established.

Recommended by the Board of Selectmen (5-0)
Recommended by the Budget Committee (5-1)


Discussion: This fund was established to provide for future FD vehicle purchases. The 2013 end-of-year balance in this fund is $31,015.49. As with all capital reserve funds, setting smaller amounts of funds aside now will help offset much higher costs when it becomes necessary to replace our existing vehicles. This article is part of the CIP (Capital Improvement Plan) of the Town of Danville Master Plan. Estimated tax impact: $0.091/thousand.
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