NewingtonCT_Debt Capacity Tool

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January 16, 2019

| Strategic Financial Planning Committee for Capital Funding

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The Strategic Financial Planning Committee for Capital Funding was created by the Board of Selectmen on October 1, 2013. The committee was dissolved by the Board of Selectmen on April 1, 2019.

The Board of Selectmen are creating this committee to generate, evaluate and report on strategies and options, both short and long term, for ensuring adequate funding for the capital needs of the Town, the Sudbury Public Schools and Lincoln-Sudbury Regional High School so as to protect the Town’s investment in its capital assets. The capital projects to be considered by this committee have been outlined in the Strategic Financial Planning Report dated April 4, 2013 but they may be added to from time to time by the Board of Selectmen. The committee shall work to create and submit to the Selectmen a report that the Board, Finance Committee, Capital Improvement Advisory Committee and staff can use for scheduling capital projects over the next 15 years.

Complete Strategic Financial Planning Committee for Capital Funding – Mission Statement

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