LRFP - Debt Service / Tax-Supported CIP

All years of Forecast follow CIP Policies:In FY22, the “6% Policy” total increases $180K

In FY22, new debt service for Pierce School Design, Oak Street Condos (previously BANs) and $35M High School GF subsidy plus additional authorized (debt exclusion)

Plan on Spring, 2020 bond sale

In the out-years, Debt Service supports:

Larz Anderson Park ($15M)

Willow Pond Remediation ($2.8M)

Amory Tennis Courts, Parking and Halls Pond ($2.4M)

Skyline Park ($2.4M)

Fire Engine #1 ($800K)

More detailed information included in the CIP presentation.