Acushnet Finance Committee Debates Financial Impact of Old Colony School Project
- Meeting Overview:
The Acushnet Finance Committee gathered on November 12, 2025, to address the financial implications of the proposed Old Colony school building project. The meeting centered on the project’s cost, its impact on local taxes, and the potential financial burden on residents, especially those on fixed incomes. Members discussed the upcoming ballot question that seeks authorization for the project but delays the decision on a debt exclusion, which would determine the additional tax burden on residents, until a later vote.
A point of discussion was the projected $288 million cost for the new construction, with half expected to come from state grants and an additional $1 million from energy efficiency grants, resulting in a net cost of approximately $145 million to the town. Concern was expressed about the potential long-term financial implications of opting for repairs instead of new construction, with some members arguing that delaying the project could lead to increased costs in the future due to escalating expenses.
Committee members voiced differing opinions on the tax implications of the project. Some expressed apprehension about the debt exclusion’s financial burden on residents, particularly those without children in the school system. There was fear that the debt exclusion could force some residents, especially seniors and people on fixed incomes, out of town. Others noted that the annual costs associated with the debt exclusion would fluctuate based on student enrollment, potentially alleviating some financial concerns.
The committee also reflected on the town’s historical funding decisions, noting previous rejections of higher-cost school projects due to financial concerns. A comparison was drawn to the current proposal, which could result in tax increases of approximately $800 per household. Rising construction costs were highlighted, with one example noting that a police station project bid at $5.7 million in 2013 might now cost between $10 million to $15 million.
The discussion shifted to broader financial pressures on the community, touching upon increased costs for utilities and health insurance. Concerns were raised about the town’s ability to manage additional debt exclusions if major repairs were needed for existing schools, particularly with the prospect of operational budget increases due to staffing new facilities.
The burden of financing vocational education was noted, with higher costs associated with educating vocational students compared to traditional students. Projected borrowing for the building project was estimated at around $50 million over 30 years, which, with interest, could escalate to $84 million, raising questions about the long-term financial commitment required from residents.
The committee debated the implications of the debt exclusion, recognizing the immediate financial burden posed a challenge. There was a consensus on the urgency of addressing these financial concerns while ensuring adequate educational infrastructure. Members discussed the potential for operational overrides to maintain town services and avoid drastic cuts to essential departments, particularly the police force. The permanence of such an override was emphasized, as it would create a lasting increase in the tax base.
Public engagement and awareness were also focal points, with members lamenting the low attendance at meetings and suggesting that outreach could be improved. There was a call for larger venues to facilitate greater public involvement and ensure residents are informed about important town issues. Members expressed concern about the potential disconnect between voters supporting the school project but rejecting the necessary debt exclusion, which could create financial challenges for the town.
The meeting concluded with reflections on the need for effective voter education to ensure residents understand the ramifications of their choices. The committee stressed the importance of a turnout in upcoming votes, noting that neighboring towns’ decisions could impact Acushnet’s outcomes. The financial implications of the proposed projects were discussed in detail, with members recognizing the need to prepare for the upcoming budget cycle amidst concerns about staffing and administrative vacancies within the town’s offices.
James Kelley
Financial Oversight Board Officials:
Michael R. Boucher, Susan M. Delgado, Peter Benoit, Eric Chew, Robert Ferreira, Eric R. McGlynn, Robert St. Jean, Cathy Murray (Secretary)
-
Meeting Type:
Financial Oversight Board
-
Committee:
-
Meeting Date:
11/12/2025
-
Recording Published:
11/13/2025
-
Duration:
64 Minutes
-
Notability Score:
Routine
Receive debriefs about local meetings in your inbox weekly:
-
State:
Massachusetts
-
County:
Bristol County
-
Towns:
Acushnet
Recent Meetings Nearby:
- 12/04/2025
- 12/04/2025
- 106 Minutes
- 12/04/2025
- 12/05/2025
- 142 Minutes
- 12/04/2025
- 12/05/2025
- 95 Minutes