Voted April 13, 1993, Article 47; Approved by the Attorney General July 16, 1993; Posted July 22, 1993
Amended April 25, 1995, Article 14; Approved by the Attorney General August 21, 1995; Posted August 24, 1995
Amended April 23, 1996, Article 22; Approved by the Attorney General Jult 9, 1996; Posted July 15, 1996
Section 1. The Town shall have a Capital Program Committee, constituted as follows:
Two people appointed by the Finance Committee;
One person appointed by the Planning Board;
One person appointed by the Selectmen;
Two people appointed by the Moderator;
One person appointed by a majority of the Committee; and
The Town Treasurer, ex officio;
(a total of 7 voting members).
Section 2. Members shall serve for terms of three fiscal years. Initially, five terms shall be foreshortened as follows so that, to the extent possible, an equal number of terms will expire each year:
One Moderator's appointee 1993
Planning Board's appointee 1993
Selectmen's appointee 1993
One Finance Committee appointee 1994
Capital Program Committee's appointee 1994
Section 3. The Capital Program Committee shall review the capital plans of all Town and regional governmental entities, and coordinate the development of and propose a consolidated Town Capital Expenditure Program, which shall be included in the warrant for each Annual Town Meeting for approval by the voters. The Program shall be formulated and reformulated so as to reflect the relative priorities of the projects with respect to the availability and potential source of funds. The Program shall project the ensuing fifteen to twenty years of capital expenditures. The initial responsibility to plan for capital needs remains with each governmental entity, and shall not be supplanted by the Capital Program Committee, whose role is advisory to the Town.
Section 4. A capital expenditure to be reviewed by the Capital Program Committee is defined as an expenditure of at least Ten Thousand dollars ($10,000), or more as may be determined by the Committee from time to time, for equipment, construction, major maintenance, or land; or any combination or system of components thereof; or any enhancement or reconstruction thereof; with a life expectancy of three years or more. When a series of expenditures for components of a system, each component less than $10,000 but totaling or exceeding that amount in series, occurs within a proximate time frame, the components shall be a capital expenditure for purposes of this section.
Section 5. All Town Boards, Commissions, Committees, Officials, and Department Heads shall submit their proposed capital expenditures to the Capital Program Committee for review.
Section 6. The Capital Program Committee shall make a recommendation to the Town regarding all capital expenditures proposed to Town Meeting. This recommendation, including sources of funds, shall be printed in the Warrant for the Town Meeting. The Finance and Advisory Committee shall take no action in connection with a request for a capital appropriation until the Capital Program Committee has been afforded an opportunity to act thereon.
Section 7. The Capital Program Committee shall recommend to the Town any use of the stabilization fund for projects on the Capital Expenditure Program, including but not limited to architectural, design, and engineering fees.
Section 8. Appropriations for replacement or acquisition of equipment and machinery costing One Thousand dollars ($1,000) up to Ten Thousand dollars ($10,000) shall be requested through Articles for those purposes but separate from the capital planning process unless said equipment is purchased from surplus, at auction or otherwise, through another government agency (federal, state, county, or other), and if the elected board having jurisdiction over the department votes in the majority to approve the purchase, without a separate Town Meeting Article.
Section 9. Upon qualification of members of this committee, the prior Capital Planning Committee shall be dissolved.
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