Lougee Will Not Seek Re-election to School Committee

After three-and-a-half years, Anne Lougee has decided to end her service on the Belmont School Committee by not seeking a second term at Town Election in April 2015.

Lougee’s announcement will create a second open seat on the Committee in the coming election. Also on the ballot will be incumbent Lisa Fiore, who is seeking her first full three-year term after serving the unexpired time of Pascha Griffiths, who resigned in 2013.

Lougee decided not to pursue re-election after the evaluation and selection process in November to replace School Committee member Kevin Cunningham, who resigned in September.

“It’s hard to walk away from a group of wonderful colleagues but I was encouraged by the number of well-qualified candidates who came before the committee and selectmen last month for the position,” Lougee told the Belmontonian.

Thomas Caputo was selected from eight residents to replace Cunningham. His term ends at Town Election. Caputo can file to run for the remaining two years of Cunningham’s term, challenge Fiore for her seat or decide not to run.

At his appointment, Caputo said he would seek election to the board.

Fiore, a Lesley University faculty dean with children in district schools, was elected in 2014 to fill the one-year remaining on Griffiths’ term. She told the Belmontonian in September she would likely run for re-election in 2015.

Nomination papers are currently available at the Belmont Town Clerk’s office; the deadline for their return is 5 p.m., Tuesday, Feb. 17, 2015.

Lougee, whose daughter is a 2011 Belmont High School graduate, was appointed to the committee in October 2011 to fill the remainder of the term held by Karen Parmett, who resigned. She won a full stint in the 2012 Town Election.

Lougee said the selection of Belmont Schools Superintendent John Phelan and promoted social/emotional learning throughout the district was two of her accomplishments serving on the committee.

In addition, Lougee emphasized from the time she was on PTOs that parents and officials must not take a myopic view of the town’s schools.

“You have to look at the whole system. It’s K through 12; you can’t separate it by school building or class,” said Lougee, a native midwesterner who came to Belmont in the 1980s and lives on Warwick Road with her husband, Roger Colton.

“You must know how it all works together for your child because they will be a graduate one day,” said Lougee.

In addition to the collegiality of the committee members, Lougee said she’ll also miss witnessing the growth of students in the classroom, in athletics and the arts.

“I love watching the kids test themselves and build their confidence,” she said.

Belmont Hires Everett City Services Leader as New DPW Director

Not wasting any time to fill an important town position, the Belmont Board of Selectmen voted Monday night, Dec. 1, to appoint Jason Marcotte, the director of city services in Everett, to replace Peter Castanino as Director of the Belmont Department of Public Works.

“[Marcotte] has a great reputation and enthusiasm” in the public works arena, said David Kale, Belmont’s town administrator who was part of the search committee.

Kale noted that his experience in public works operations and fiscal and project management “has provided him with the opportunity to work effectively with elected and appointed officials, committees and boards at all government levels.”

“I have met [Marcotte] and what an impressive person he is,” said Selectmen’s Chair Andy Rojas.

“[I’m] pleased we attracted such a fine applicant [for the position],” said Rojas.

Marcotte was hired as an employee at will with a base annual salary of $120,000. He begins work on Jan. 5, 2015.

Marcotte, who goes by Jay, has been a young man on the move in the past few years. He was hired in Everett in July 2013 after spending a year and a month as Manager for the Village of Northfield, Vt. which recruited him from his job as assistant director of public works in charge of fleet, facilities and solid waste departments in Bryan, Texas, a neighboring city to College Station, the home of Texas A&M University.

“[Jay’s] innovative approaches and ability to think outside of the box resulted in significant fiscal savings for the Departments under his charge,” Alton Rogers, a fellow Bryan employee, wrote on Marcotte’s Linkin profile.

“If you wanted the words which best describes Jay, they would be integrity, honest, intellegent, innovative, perseverant and fair,” wrote Rogers.

Marcotte – who matriculated at Norwich University where he earned a BS (in biology) and MPA – also has work experience in the budget process and with large regional organizations as a member of the Massachusetts Water Resources Authority’s advisory board. 

He was also the chair for the Solid Waste Technical Committee for the American Public Works Association, a national organization of public works professionals with 30,000 members.

Marcotte should also garner the attention of the members of Sustainable Belmont as he published a paper on the workability of a cap and trade system for solid waste that was featured by the Sustainable City Network. He also presented a paper at the APWA annual conference in August titled “Boras, Sweden – A city free from fossil fuels.”

“His paper on cap and trade in the solid waste arena is cutting edge. The industry and government should stand up and take notice. I hope to see him published in the near future,” wrote fellow MPA recipient Erica Balk.

Marcotte lives with his wife and two children in Nottingham, NH which is close to the University of New Hampshire. He is on the town’s budget committee and ran unsuccessfully in March 2013 for the town’s three member board of selectmen, losing by seven votes out of approximately 700 cast.

A New Belmont High Around the Corner? A ‘Senior Study’ Suggests Good Odds

Is a “new” Belmont High School just around the corner?

While a decision by the state authority which supplies critical funding which assists municipalities in the construction of school buildings is about a month away, a hint of heightened interest in Belmont’s plan to revamp the increasingly threadbare building on the banks of Clay Pit Pond is an indication, the state is taking a hard look at the Belmont School District’s 2014 Statement of Interest application for a new high school.

And if a letter from a Cape Cod educator is correct, Belmont’s odds of receiving a favorable nod from the state has increased considerably to begin the long process of constructing a 21st century school.

Two days before Halloween, on Oct. 29, a team of architects and engineers associated with the Massachusetts School Building Authority conducted a “senior study” of the 44-year-old brick and concrete structure, asking a lot of questions of school and town officials while poking around the building.

Belmont is one of about two dozen locations around the state where senior studies have been conducted since September, according to the Building Authority’s Facebook account.

“The Building Authority selects applications from within the Statement of Interest ‘bucket’ and choose some for a [senior] study,” Belmont’s superintendent of schools John Phelan told the Belmontonian after the meeting of the Belmont School Committee on Tuesday, Nov. 18.

“We want to review every SOI as part of the review process,” said Massachusetts School Building Authority spokesman Dan Collins. 

While the Authority and District are remaining quiet on the reason Belmont was selected for the study, a letter from the head of another school district seeking the same MSBA funding was more forthcoming.

In a letter to a Brewster town official dated Oct. 27, 2014, Robert Sanborn, the superintendent/director of the Cape Cod Regional Technical High School, said the MSBA conducted a senior study at the Harwich-based school earlier in the month.

“At the meeting, we were informed [by the MSBA] that out of one hundred and eight SIOs submitted, Cape Cod Tech was one of twenty-five (25) schools designated for a senior study,”

“From the 25, a substantial percentage of districts will be recommended to move forward with an invitation into the MSBA eligibility period,” wrote Sanborn.

If the same number of districts, 13, are accepted for reimbursement funding by the MSBA as was in 2013, the odds of Belmont’s SOI being selected has increased considerably.

For more than a decade, the Belmont School District has faithfully submitted a SOI to the MSBA appealing for state funds to begin the renovation of Belmont High School and the construction of a new 35,000 sq.-ft. science wing.

The projected cost of a “new” Belmont High School building is estimated by the district at between $90 and $100 million. For a comparison, the cost for the renovation of and new structures at Winchester High School is $101 million in construction costs (the entire project is pegged at $130 million) with the state providing a grant of $44.5 million.

Each year since the early 2000s, Belmont has received only the yearly, “Thanks, try again next year” response from the authority.

But for the first time, the MSBA decided to conduct a more extensive review of not only the SOI but of the existing school building.

“senior study is requested by the MSBA for “some of the district identified priority schools for which a Statement of Interest has been submitted,” according to the authority’s website.

The study allows the authority to perform several types of assessments depending on the school building deficiencies noted in the district’s SOI. The study also includes reviewing the SOI and all supporting documents as well as dig into historical enrollment trends and the educational programs provided at the school.

The visit (which is not a mandatory part of the senior study) includes a tour of the school by experienced architects and engineers who examine both the condition of the building as well as programmatic issues – such as evidence of overcrowding in classrooms and design features – that affect the delivery of the district’s educational program.

Before touring the school, the MSBA team interviews the superintendent, principal, facilities manager and other school personnel on areas such as confirming information about school building deficiencies as stated in the SOI and obtain a close-hand look at the current campus and see how that adversely impacts a student’s education.

“The MSBA’s goal is to collaborate with the district to find the right-sized, most fiscally responsible and educationally appropriate solution to the facility’s problems,” said the website.

“The information acquired during the study will help the MSBA determine the next steps in the process,” said Collins.

Despite dispensing hopeful answers, Collins made clear being selected for a study “certainly doesn’t signal that your SOI will be accepted this cycle.”

With a cap of $250 million per year over the next five years, only one-in-eight SOI’s targeting extensive renovations or a new school are accepted each year, said Collins.

Special Town Meeting Approves $2.8 Million Belmont Center Project

Photo: Selectmen Chair Andy Rojas presenting the Belmont Center Reconstruction Project to the Special Town Meeting, Monday, Nov. 17.

In the end, Belmont’s Special Town Meeting decided a renovated Belmont Center was worth the $2.8 million price tag, no matter the funding scheme.

After more than three hours of presentation, analysis and debate, the Town Meeting members voted 140 to 63 to approve the project set to improve sidewalks, crosswalks, pavement repairs, allow for the installation of a new parking system and add new lighting in the town’s main business hub.

“It’s time that [the project] was approved,” said Belmont Selectmen Chair Andy Rojas who, with his fellow members, Mark Paolillo and Sami Baghdady, pushed for the vote this fall after nearly five years of studies and reports.

An initial timeline calls for construction to begin in late winter of next year with expected completion on Oct. 31, 2015.

The majority of the approximately 200 members who attended – about 70 percent of the representative members braved the elements on Monday, Nov. 17 to reach the Chenery Middle School – agreed with town’s elected official and staff who sought to finance the project with a one-time $1.3 million lump sum payment from the town’s “free cash” account and paying for a $1.5 million municipal bond out of the same “free cash” line item over the 15-year life of the debt.

Town officials convinced members the project’s financing options were similar to Goldilocks’ choices: at $2.8 million, the project’s financing was “too small” for a typical debt exclusion requiring a town-wide vote, yet was “too big” for the town’s capital budget to take on singlehandedly.

The funding source deemed “just right” was the town’s savings account which has reached historic levels.

“It’s not small but not terribly large,” said Belmont’s Treasurer Floyd Carman.

Free cash is unspent money remaining at the end of the fiscal year including from budget line-items and any greater than expected tax or fee receipts.

Officials turned to free cash that has been increasing steadily over the past five years, from $2.3 million in fiscal 2010 to $7.5 million in the coming fiscal 2016. This year, due to favorable fiscal conditions and other factors, the town received a large one-time injection into free cash of $1.3 million.

Carman said using free cash would not burden the town with new debt when at least $150 million of necessary projects – a new high school, a police station and a new Department of Public Works Yard – are looming down the road a few years.

“This is a balanced approach as we have one-time funds available,” said Carman.

Yet James Williams, Precinct 1, of Glenn Road submitted an amendment to the article requiring to town to finance the entire amount from a traditional sale of a 15-year municipal bond with its funding coming from general funds.

“Since this is a long-term project, it should be paid with long-term funds; I can’t understand doing it any other way,” said Williams, who voice the concerns of several members who felt queasy dipping into an account that previous town administrators and elected officials have been reluctant to use.

Williams said the funds could be better used “repairing the inaction of the past” in areas such as unfunded pension and retirement obligations leaving the town on shaky financial footings.

But town officials pushed back against the claims, calling the use of pension in the debate “a red herring.”

In addition, Carman said by going Williams’ route, the annual cost to the town would be $321,000 as opposed to $169,000 under the town’s proposal.

“Under Mr. Williams’ plan, we would need to either cut services or use free cash” to make up the difference, said Carman.

While several residents expressed support for the amendment, it was soundly defeated 153 to 49.

When the article with the town’s payment plan was brought up for debate, the discussion was a lively one, including how the project will not help in solving the traffic congestion that occurs during the morning and afternoon commutes.

Johanna Swift Hart, Precinct 4, Hull Street, said she “takes no pleasure” voting against the article. “[Belmont Center] is not a blighted neighborhood,” she said, noting the town has so many needs that officials should seek alternative sources to fund the project.

Belmont Center business owner Jeanne Widmer, Precinct 5, Gilbert Road, echoed others who contend that an upgraded Belmont Center will be a boom to the town’s economic future. She said surrounding towns such as Winchester, Lexington, Reading and Arlington have all made improvements to their downtowns to great acclaim.

“This is a modest plan,” said Widmer.

 

Town Meeting Amendment Challenges Belmont Center Project Financing Plan

Special Town Meeting just got a whole lot more interesting.

Rather than the option of simply accepting or rejecting the financing plan for the $2.8 million Belmont Center Reconstruction Project, the 290 Town Meeting Members now have an alternative to the town-created “free cash” proposal.

Read the project’s highlights here

James Williams of Glenn Road and Precinct 1 submitted an amendment to the Belmont Center warrant article that will be brought before the Special Town Meeting on Monday, Nov. 17 to bond the entire $2.8 million project using a traditional sale of a bond to be paid out of the general fund.

Under the plan submitted in the article, the town proposes to finance the project in two steps; an initial downpayment from the town’s free cash account – sometimes referred to as the town’s “savings account” – of $1.3 million and then issuing a $1.5 million, 15-year bond which will be paid for over the term of the debt from free cash.

Read about the unique way the town will pay for project here.

“Free cash” is typically actual town receipts in excess of revenue estimates and unspent amounts in departmental budget line-items at the end of the fiscal year, plus the unexpended free cash from the previous year.

Last week, the state’s Department of Revenue certified Belmont’s free cash amount at $7,465,000, an increase of $1.3 million from the previous fiscal year.

For Williams and others who both support and are opposed to the project, using the town’s “savings” to finance a capital project that will benefit the residents over many years is not the proper use of the funds.

“Belmont is arguably in serious financial difficulty due in large part to actions taken or not taken by previous and current administrations,” said Williams in an email to the Belmontonian.
Pointing to areas of financial concern such as the millions owed in health care obligations to retired town employees and the lack of financing standard town amenities such as sidewalks and road, “[basically], we are living beyond our means and we are making commitments we can’t keep,” said Williams.
For Williams and others, using “free” cash would be just another example of fiscal irresponsibility by town officials.
“[T]he only responsible thing to do is to issue debt for the entire amount so the so-called “free cash” can be used for existing obligations and the center can be funded by new money,” said Williams.
“Since the Center is not a ‘must have’ project, it should be voted up or down on this point,” said Williams, who will “stand against” the project unless it was fully funded.

At a warrant briefing earlier this month which reviewed the articles on the Special Town Meeting, town officials said the current plan “strike a balance” in using town’s savings so it can bond a smaller portion of the project.

Belmont Town Administrator David Kale said if the entire project is bonded, the town would pay $320,000 in the first year, as opposed to the $168,000 in the first year under the current proposal.

Duty, Honor, Country: Schools Salute Vets in Remembrance Observances

The Chenery Middle School Wind Band played patriotic music, the chorus sang the “National Anthem” and several students made speeches and recited poems to their classmates and the two dozen men – many slowed with age – sitting on chairs on the side of the stage.

They were an array of armed forces veterans from Belmont and surrounding communities, coming to the school as the living embodiment of the commitment and sacrifice they gave to the country.

The school-wide assembly, held on Monday, Nov. 10 in the Chenery auditorium, is an annual commemoration of the service of all veterans and those currently in uniform.

“I want to thank all of you for showing up today because twice a year, we feel like rock stars,” said Kip Gaudet, commander of Belmont’s Veterans of Foreign Wars Post on Trapelo Road.

“We come here to represent those who can’t be here, who paid the ultimate price for the freedoms that we enjoy today,” said Gaudet, who was awarded a bronze star for “heroic or meritorious achievement or service” as a radio man in Vietnam.

Chenery’s Principal Kristen StGeorge advised students to take a moment on the holiday to personally reach out and thank a veteran “for their contribution … for fighting for things that are important to us and our country.”

St. George read the names of veterans with a connection to the “Chenery community” and for the student to simply “listen and to reflect.” Included in the names were of Chenery teacher Ryan Schmitt and Army Spc. Jonathan Curtis, an alumni who was killed in Afghanistan in 2010.

Gaudet read the names of the veterans who stood to receive the applause from the auditorium, including Frank Morrissey, a 96-year-old vet from the US Navy.

“Hopefully these events reminds the students of freedom’s cost,” said Gaudet after the service, before leaving with his fellow veterans for visits at the Butler and Winn Brook elementary schools before a lunch at the VFW post.

“The veterans get appreciated for their service and the kids learn something, so this morning is like a two-way street,” he said.

The highlight of the ceremony was the reading and a musical rendition of the poem, “In Flanders Fields” by Canadian Lt. Col. John McCrae who wrote the poem on May 3, 1915, moments after presiding over the funeral of his friend, Alexis Helmer.

“In Flanders fields the poppies blow
      Between the crosses, row on row,
   That mark our place; and in the sky
   The larks, still bravely singing, fly
Scarce heard amid the guns below.

“We are the Dead. Short days ago
We lived, felt dawn, saw sunset glow,
   Loved and were loved, and now we lie
         In Flanders fields.

“Take up our quarrel with the foe:
To you from failing hands we throw
   The torch; be yours to hold it high.
   If ye break faith with us who die
We shall not sleep, though poppies grow
         In Flanders fields.”

Curtain Raises on Performing Arts Company’s ‘Twelfth Night’ Tonight

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The curtain goes up tonight, Thursday, Nov. 6 on the Performing Arts Company’s production of Shakespeare’s “Twelfth Night,” a comedy about a cross-dressing, ship-wreck surviving, poetry-loving girl who finds herself at the center of a not-so-average love triangle.

The production, produced and directed by Ezra Flam, will begin at 7 p.m. at the Belmont High School auditorium.

The play will also be staged on Friday and Saturday, Nov. 7 and 8, at 7 p.m. 

Tickets are adults: $12 in advance/$15 at the door; students: $10.

Tickets are available online and at Champions Sports in Belmont Center.

Chenery 8th Grade Students: reserve a free ticket when you order online using coupon code: CMS8. Belmont Schools Staff: reserve a free ticket online with coupon code BPSSTAFF or by e-mailing tickets@bhs-pac.org 

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Benefit Provides A Shoe Box Full of Hope for Gerry

Anne Marie Picone came straight from her second job to Conley’s Pub and Grille on the Watertown side of Belmont Street.

The Belmont resident wasn’t there to watch Monday Night Football or grab a beer.

She came for Gerry.

“My first job ever was working at CVS (in Belmont Center) so I always cut through Champions. I’d always see Gerry and he was absolutely fantastic,” said Picone, describing Gerry Dickhaut, the long-time owner of Champions Sports Goods on Leonard Street.

So when she heard on Facebook Monday that Dickhaut had lost his house to an electrical fire last week, she immediately decided to stop by a benefit Dickhaut’s friends quickly assembled at Conley’s.

“I wanted to make sure I got to donate. Gerry’s a great guy,” she said.

Picone was just one of hundreds of residents, fellow business owners and people who Dickhaut got to know over the years who stopped by to place a donation into an athletic shoe box near the pub’s entry.

Tim Graham, who along with Andrew McLaughlin organized the benefit, opened the box to show it  jam-packed with gift cards, checks, packages and cash, all for a man that many are calling a community asset.

“The turn out was absolutely amazing. It’s a Monday night and the place was packed all evening. The generosity was stunning,” said Graham.

According to residents, the money will go to help Dickhaut replace household and personal items destroyed in the fire as well as help pay for living arrangements for the next five months while the house is being restored.

Graham, who like so many other young people worked for Dickhaut while he was at Belmont High School and after college, said he heard a few days ago of Dickhaut’s misfortune “and Gerry is an amazing man who has done so much in the community that we just wanted to do something, anything for him.”

Graham said he couldn’t even make a “guest-imate” of the total contributed, “but I have seen some of the amounts that people have donated and it really is overwhelming.”

“I’m sure Gerry will be blown away. While he’s a very generous person, he’s also quite private so he might feel a bit awkward accepting this. But he’ll be amazed that so many people are thinking of him,” said Graham.

Former Macy’s Landlord Reveals A Peek at the Site’s Future

Don’t expect big changes to the outside of the former Macy’s/Filene’s Belmont Center location over the next year; the excitement will be left for what will go inside, according to the landlord of the property who revealed just a bit of the site’s future Thursday night.

Locatelli Properties’s Kevin Foley and his colleague, Len Simons, held a public meeting on Oct. 30, at Belmont Town Hall to preview their presentation to the Belmont Zoning Board of Appeals as they seek three special permits to allow “minor” alterations to the building.

If everything goes to plan, retailers and restaurants at new site – without a name for now – will open for business by the spring of 2016.

The presentation before the ZBA will be held on Monday, Nov. 3 at 7 p.m. in the Belmont Gallery of Art, on the third floor of the Homer Building in the Belmont Town Hall complex.

After the renovation work is completed, the site – located at the corner of Alexander and Leonard streets  –  will have approximately 48,000 sq.-ft. of commercial space available to lease, said Foley.

Since the late 60s, the building has “not been touched so it needs to be updated to bring back ‘zip’ to the Center,” Simons said of the commercial space leased to Filene’s from May 1941 to September 2006 when Macy’s bought Filene’s. Macy’s closed in January 2013.

Belmont-based Locatelli will seek ZBA permission on Monday, Nov. 3, to build a new vestibule off the parking-lot side of the building where the stairs to the women’s department was located, the installation of accessibility ramps and an elevator at the rear of the building, a renovated entryway and a new roof system on the Leonard Street side. In addition, windows will be installed and new entry ways created along Leonard Street.

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“We need to include an elevator as we are required to make all floors accessible to the law,” said Simons.

In addition to accessibility features, a new office space of about 600 sq.-ft will be constructed on the top floor.

Simons said the renovations will have no effect on the number of parking spaces in the Locatelli parking lot or in vehicle traffic patterns.

“We believe the improvements for access purposes will support our efforts to bring a mix of quality retailers to the Leonard Street area,” said a written press release handed out at the meeting.

“Once Locatelli has obtained the necessary permits, we will be able to pursue potential tenants and regenerate retail activity in Belmont Center,” said the statement.

“We anticipate two large tenants and four to five smaller ones, like those down [Leonard] street,” said Foley, who doesn’t expect one retailer to take both floors “because that’s a challenge for a retailer.”

The tenants will work with Locatelli on dividing up the interior to best utilize the space.

While Foley appeared hesitant to add another bank branch in the Center, he said just about any business would be considered.

“As long as they are high quality,” said Foley, including national retailers, existing businesses and restaurants.

“I think a mix of restaurants and retail would be the best for [foot] traffic in the day and the evening,” said Foley.

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Town Proposes Using Free Cash Twice to Pay for Belmont Center Project

Town Meeting members will be asked next month to dip twice into the town’s “savings” account to pay for the long-awaited facelift of Belmont Center’s traffic and parking design.

Under a proposal derived by town officials and Belmont’s Treasurer Floyd Carman who presented the plan to the Belmont Board of Selectmen Wednesday, Oct. 29, the now $2.8 million construction project set to reshape the roadways and parking in and around Belmont Center will be paid for using the town’s “free cash” as both a downpayment and then dipping into the account over 15 years to pay for the remaining debt, said David Kale, Belmont’s town administrator.

Free cash is unspent money remaining at the end of the fiscal year including from budget line-items and any greater than expected tax or fee receipts.

If approved by a majority of members of the Special Town Meeting on Nov. 17, $1.3 million will be taken from free cash as a one-time lump sum payment. The remaining $1,475,000 will be raised by selling 15-year bonds,

But rather then ask voters to approve a debt exclusion as has happened in the past with large capital expenditures, Belmont will take the unprecedented step of using free cash make the bond repayment over the life of the bond.

While the state’s Department of Revenue has not certified the amount Belmont has for free cash, Carman said free cash came in at $6.2 million in fiscal 2015.

Carman said the town will take approximately $169,000 from the free cash account in fiscal 2017 to pay both the interest and principal of the note. The payments will then decrease in subsequent years until there is a final payment of just under $100,000 in fiscal 2032.

Andy Rojas, Selectmen chair, told members of the Warrant and Capital Budget committees that the town hopes to have the project out to bid in January and have work completed by October. He also said the Special Town Meeting will only take up the project’s expenditure plan, “we are not opening up the project’s design for discussion.”

“[Town Meeting] is about funding, not to discuss every crosswalk or bump out,” Rojas reiterated.

While Kale is known for reminding residents, town officials and Town Meeting members that “free cash is not free” – any reduction in the account must be restored in the next year’s budget – both he and Carman believe free cash is strong enough position to sustain payments over the next decade and a half.

“We’re looking at a healthy free cash and the opportunity is there to utilize the low-interest rates,” said Carman.

Saying that he has heard some residents being critical of the town not utilizing the millions in the account, Carman told the Belmontonian “here’s an opportunity to use the savings constructively.”

Using the town’s savings account will also lessen the burden on the town’s debt service now hovering just over $5.1 million in fiscal 2015.
“Rather than burden taxpayers of 2015 to pay for this debt, we are spreading out the obligation to residents over the 15 years of the bond,” said Carman.

Carman also noted the town in the next few years will likely be asked to fund a new Belmont High School for between $60 to $100 million.

“We don’t want to add anymore debt to the books with that looming,” he said.

Paying the interest and principal of the $1,450,000 (the actual amount could be less once the engineering blueprints are completed, said Rojas) would be the second specific expense that will be paid by free cash. Last year, Town Meeting approved spending approximately $240,000 annually in other post-employment benefits, or OPEB, payments to a nearly $180 million unfunded obligation.

In recent years, the town has transferred approximately $2 million from free cash at the beginning of the budget cycle to pay for town and school expenses, filling a shortfall in local aid from the state legislature.

The town will also create a Capital Project Debt Stabilization Fund to pay down existing obligations.

The new stabilization account – to be approved by Town Meeting – will be funded with one-time payments to the town. Kale said this would include the sale of town-owned property such as the long-awaited purchase for $850,000 of the municipal parking lot at Cushing Square as part of the delayed Cushing Village project and the increasingly doubtful Woodfall Road luxury housing development.

Which of the current debt obligations could be reduced by the stabilization fund “will be part of a group discussion,” said Rojas.

When asked why this project is being given priority over six large capital projects – including a new police station and refurbishing the Viglirolo Skating rink – Rojas said the others have not begun the detailed process of design and planning.

“Why we are doing this is because it’s ready,” said Rojas, adding the reconstruction will increase business and economic development to the business center of town.