During the meeting’s public comment segment, residents expressed apprehension about the project’s financial model, particularly the reliance on property tax subsidies and potential borrowing practices under Massachusetts General Law, Chapter 44, Section 17. Concerns were raised about the projected 40% adoption rate and the competitive challenges posed by existing providers like Comcast and Starlink. Residents Shay and Alex Mitrescue voiced skepticism about the project’s financial viability. The financial burden on households, especially if projected revenue did not materialize, was also a point of contention.

The Select Board members acknowledged these concerns, emphasizing the project’s transparency and the role of the community in deciding its future. The fiber network discussion extended into financial modeling details, highlighting assumptions of a 40% take rate and a conservative interest rate of 4%. There was a focus on borrowing strategies, with short-term borrowing during construction to minimize immediate tax impacts, transitioning to long-term borrowing post-completion. The project’s expenses included significant debt service alongside manager compensation, equipment, marketing, and an annual replacement fund. The aim was to use retained earnings to offset deficits, avoiding additional tax levies.

The conversation also touched on the potential impact of the fiber project on the town’s debt service ratio, which could exceed the Select Board’s policy limit of 12%. Board members debated the urgency of the project, considering potential construction cost increases and the necessity for pole usage applications with Eversource and Verizon.

The Select Board meeting also addressed several other financial articles, including a transfer from free cash to the Department of Public Works’ snow and ice account due to greater than expected snowfall. A proposed $12,000 transfer to the Revolution 250 task force for the town’s 250th anniversary celebrations was accepted, alongside funds for DPW repairs and maintenance.

The pavement management program update was another key topic. Utilizing AI and Lidar sensors, the program assesses road conditions to prioritize maintenance. The town’s roads have an overall score of 72.57. The program’s funding needs to maintain this score were estimated at $1.35 million.

The meeting also included a review of a multi-year capital improvement plan for road maintenance, involving over $6 million for five and a half miles of repairs starting in 2026. The plan aims to sustain service levels and prevent road deterioration, with 43% of the town’s roads in rehabilitation status.

The discussion of tree removal along Williams Street, tied to the middle school redevelopment project, drew objections from residents. An arborist deemed the removal necessary for construction, despite the trees’ health. Residents argued the removal was not previously disclosed and threatened legal action. The board considered alternative solutions and the potential for replanting, but further discussions were needed.

Lastly, the board addressed budget and capital plan approvals, new after-school and daycare fees, and the initiation of a public shade tree hearing. A grant application for planting 65 trees highlighted ongoing community efforts to enhance green spaces.