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Home My WebLink About2012-06-12 Planning Board Supplemental Materials (40) NORTH ANDOVER COMMUNITY PRESERVATION COMMITTEE-LONG RANGE PLAN(Base Case) (all numbers are in thousands of dollars) Completed Years Plan Years FY 02 FY 03 FY 04 FY 05 FY 06 FY 07 FY 08 FY 09 FY10 FYII FY 12 FY13 FY14 FY15 FY16 FY17 Total Beginning Balance $0.0 $700.1 $863.1 $974.2 $538.1 $634.5 $923.3 $865.2 $2,408.6 $3,353.8 $3,075.0 $3,833.6 $2,843.5 $4,094.0 $5,382.0 $6,708.6 $0.0 Projected Revenue From CPA Tax Surcharge $793.6 $896.0 $1,021.8 $1,042.4 $1,126.0 $1,159.8 $1,231.7 $1,283.0 $1,262.0 $1,310.4 $1,355.0 $1,395.7 $1,437.5 $1,480.6 $1,525.1 $18,320.6 From State Matching Funds $0.0 $802.7 $896.0 $1,021.8 $1,051.2 $1,126.0 $1,159.8 $901.4 $489.8 $386.0 $389.0 $338.8 $348.9 $359.4 $370.2 $381.3 $10,022.1 Self Help and Other Grants $250.0 $250.0 $750.0 $179.6 $1,429.6 Private Contributions $151.2 $25.0 $1,000.0 $1,176.2 Other $136.7 $50.0 $75.0 $100.0 $60.0 $51.8 $40.0 $513.5 Total Revenue $1,043.6 $2,099.9 $1,917.8 $2,089.2 $2,313.9 $2,335.8 $2,466.5 $2,284.4 $3,561.8 $1,748.2 $1,963.6 $1,734.4 $1,786.4 $1,840.0 $1,895.2 $381.3 $31,462.0 Projected Expenditures Affordable Housing $79.4 $169.9 $191.8 $206.4 $213.6 $228.6 $239.1 $286.4 $175.0 $169.6 $176.9 $850.0 $178.6 $184.0 $189.5 $38.1 $3,577.0 Open Space Protection $263.1 $1,110.1 $1,091.9 $1,855.2 $1,582.4 $1,614.5 $1,715.4 $218.4 $2,031.6 $1,265.0 $809.6 $1,425.0 $178.6 $184.0 $189.5 $38.1 $15,572.5 Historic Preservation $0.0 $652.0 $518.0 $558.7 $416.5 $290.5 $565.0 $231.2 $380.0 $600.4 $188.5 $419.5 $178.6 $184.0 $189.5 $38.1 $5,410.6 Administration $1.0 $5.0 $5.0 $5.0 $5.0 $5.0 $5.0 $5.0 $30.0 $30.0 $30.0 $30.0 $156.0 Less:Proj done under budget ($100.0) ($91.6) ($38.0) ($229.6) Total Expenditures $343.5 $1,937.0 $1,806.7 $2,525.3 $2,217.5 $2,047.0 $2,524.5 $741.0 $2,616.6 $2,027.0 $1,205.0 $2,724.5 $535.9 $552.0 $568.6 $114.4 $24,486.5 Ending Balance $700.1 $863.1 $974.2 $538.1 $634.5 $923.3 $865.2 $2,408.6 $3,353.8 $3,075.0 $3,833.6 $2,843.5 $4,094.0 $5,382.0 $6,708.6 $6,975.5 $6,975.5 Notes 1 Assumes a 25%State Match from Community Preservation Trust Fund for all future years 2 FYI revenue projection based on current billing level;projected revenue growth rate is 3%thereafter. 3 Expenditures based on current projects approved by CPC Committee 4 Reserves of 10%of total revenue for years in which there are no specific projects by category Affordable Housing Project FY 02 FY 03 FY 04 FY 05 FY 06 FY 07 FY 08 FY 09 FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY17 Total Reserve for Future Expenditur $79.4 $169.9 $191.8 $206.4 $0.0 $228.6 $239.1 $0.0 $0.0 $169.6 $48.5 $0.0 $178.6 $184.0 $189.5 $38.1 $1,923.6 Affordable Housing Master Plan $40.0 $40.0 First Time Homebuyer's Program $225.0 $225.0 Stevens Corner(create 42 affordable units) $1,350.0 $1,350.0 Bingham Way Roof Replacement $150.0 $150.0 Fountain Drive:Replacement of Walkways(Initial Phase) $25.0 $25.0 Fountain Drive:Replacement of Walkways and Common Area $300.0 Veteran's Housing:Replacement of siding,steps,doors $475.0 Foulds Terrace:Replacement of Windows and Doors $375.0 Less:Use of Prior Reserves ($51.4) ($1,063.6) ($171.6) ($1,286.6) Total Expenditures $79.4 $169.9 $191.8 $206.4 $213.6 $228.6 $239.1 $286.4 $175.0 $169.6 $176.9 $850.0 $178.6 $184.0 $189.5 $38.1 $2,427.0 Op Space Protection/Recreation Project FY 02 FY 03 FY 04 FY 05 FY 06 FY 07 FY 08 FY 09 FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY17 Total Land Acquisition-Carter Hill $263.1 $372.0 $385.0 $525.2 $0.0 $0.0 $1,545.3 Land Acquisition-Half-Mile] $0.0 $733.1 $574.9 $775.0 $682.4 $0.0 $2,765.4 Land Acquisition-Half Mile Hill Summit $500.0 $900.0 $900.0 $519.6 $2,819.6 Land Acquisition-Cullen Property $400.0 $1,138.4 $1,538.4 Drummond Park-Lights and fields $70.0 $70.0 Sharpners Pond Fields-Soccer $25.0 $25.0 Kiosks $17.0 $17.0 Sharpners Pond Fields-Baseball $25.0 $25.0 Grogan Playground $25.0 $25.0 Aplin Field Playground $28.5 $28.5 Reynolds Field Playground $30.0 $30.0 Stevens Pond $186.0 $186.0 Sharpners Pond Rehabilitation $39.0 $39.0 Middle School and Grogans Field Rehab $18.4 $18.4 Open Space Stewardship $70.0 $70.0 Land Acquisition-Windrush Farm $2,250.0 $650.0 $659.6 $3,559.6 Less:Use of Prior Reserves ($218.4) ($218.4) Land Acquisition(Cons.Restriction)-Rolling Ridge $600.0 $600.0 Windrush Farm Parking Area $15.0 $15.0 Town Farm:Construction of Playing Fields $150.0 $150.0 Land Acquisition(623 Osgood Street) $1,400.0 $1,400.0 Open Space Plan Update $25.0 $25.0 Other Costs/reserve $0.0 $5.0 $20.0 $5.0 $0.0 $218.4 $178.6 $184.0 $189.5 $38.1 $838.7 TOTAL $263.1 $1,110.1 $1,091.9 $1,855.2 $1,582.4 $1,614.5 $1,715.4 $218.4 $2,031.6 $1,265.0 $809.6 $1,425.0 $178.6 $184.0 $189.5 $38.1 $15,572.5 Historic Preservation Project FY 02 FY 03 FY 04 FY 05 FY 06 FY 07 FY 08 FY 09 FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY17 Total Reserve for Future Expenditur $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $109.7 $0.0 $0.0 $0.0 $0.0 $178.6 $184.0 $189.5 $38.1 $700.0 Old Burying Ground $0.0 $67.0 $67.0 Town Hall $0.0 $500.0 $500.0 Osgood Hill Gutters $85.0 $85.0 Town Common $205.0 $205.0 Stevens Library Stairs $50.0 $50.0 Stevens Estate(Water Line and sprinklers) $260.0 $260.0 Scolfield Mill Restoration $3.0 $3.0 Stevens Estate(Sprinklers-Phase 2) $319.0 $319.0 Stevens Library Stairs(Phase 2) $46.0 $46.0 North Parish Church(Steeple and Foundation) $141.7 $141.7 Preservation of Town Records $30.0 $30.0 Machine Shop Village(Master Plan) $22.0 $22.0 Machine Shop Village(Phase 1) $250.0 $250.0 Stevens Estate(Gate House) $96.5 $96.5 Stevens Estate(Plant House) $70.0 $70.0 Main Street Fire Station $140.0 $140.0 Stevens Library-Roof and Windows $95.5 $95.5 Machine Shop Village-Grant Application $5.0 $5.0 Preservation of Town records-Phase 2 $50.0 $50.0 Town Common-Drainage Rehab $330.0 $330.0 Preseration of Town Records-Phase 3 $40.0 $40.0 Stevens Estate Restoration-Windows $100.0 $100.0 Stevens Estate Restoration-Interiors $95.0 $95.0 Old Police Court Refurbishment $91.5 $91.5 Stevens Estate Restoration-Windows(Phase 2) $30.0 $30.0 Stevens Estate(Gate House-Phase 2) $207.2 $207.2 Ridgewood Cemtery Restoration $107.3 $107.3 Machine Shop Village(Phase 2) $95.0 $95.0 Grogan's Field Building Refurbishment $45.2 $45.2 Preservation of Town Records-Phase 4 $15.0 $15.0 Old Police Court Refurbishment-Phase 2 $15.0 $15.0 Hay Scales Building $5.0 $5.0 Town Common-Underground Utilities $450.0 $450.0 Ridgewood Cemetery Restoration-Phase 2 $70.2 $70.2 Stevens Library Walkway Restoration $50.0 $50.0 Main Street Fire Station-Phase 2 $22.5 $22.5 Hay Scales Building-Phase 2 $7.7 $7.7 N NA Historical Society:Master Plan $50.0 $50.0 Stevens Estate:Master Plan $50.0 $50.0 Main Street Fire House-Refurbishment of Infrastructure $48.5 $48.5 Preservation of Historical Records-Phase 5 $40.0 $40.0 Stevens Estate:Restorationof Exterior Walls $206.2 $206.2 Stevens Estate:Window Replacement(Phase III) $101.3 $101.3 Preservation of Town Historical Records(Phase 6) $40.0 $40.0 Stevens Library:Refurbishment of Main Door $22.0 $22.0 Old Burying Ground(Phase 2) $20.0 $20.0 Ridgewood Cemetery-Restoration of Main Gate $15.0 $15.0 Town Monument Restoration $15.0 $15.0 Less:Use of Prior Reserves ($109.7) ($109.7) TOTAL $0.0 $652.0 $518.0 $558.7 $416.5 $290.5 $565.0 $231.2 $380.0 $600.4 $188.5 $419.5 $178.6 $184.0 $189.5 $38.1 $5,410.6