The joint fire hall and public works building was meant to start earlier. Why has its $12 million price not changed, and what will the growing savings be used for?
approx. $2.6 millionthe Township's estimate of the building savings, as of the 2026 budget
Since 2022 the Township has put part of each year's property tax into a joint building for the fire department and public works. This is a levy, the total amount raised from property taxes. The plan is built on a $12million construction cost and a 4.4% 20-year debenture (a loan, like a bond) with a yearly payment of $914,537. The 2025 budget said construction had been delayed because of environmental factors at the site and that tendering and site preparation were expected to start in 2025. The 2026 budget says tendering and site preparation are expected to start in 2026. The Township says that because construction started later than planned, savings set aside for the building have been growing, and are now expected to reach approx. $2.6 million. It says that money could lower the loan, cover cost overruns or refill other savings. The 2026 levy for the building is $657,365.
Found by reading the town's own documents · 2 sources