Fiscal Year 2024 shows smallest amount of funds deposited into Templeton capital stabilization fund in 5 years - $45,000.00, with $13,916.00 dollars recently voted out of the fund.

 from the study that was not available at town meeting.

Project Phase Cost Estimate

Phase 1 – Spring 2024 – Eave Up $ 502,011

Escalation – 6.00% $ 30,121

Phase 1 Subtotal $ 532,132

Phase 2 – Spring 2025 – Elm Street Façade $ 430,716

Escalation – 14.00% $ 60,300

Phase 2 Subtotal $ 491,016

Phase 3 – Spring 2026 – Interiors/Systems $ 349,032

Escalation – 22.00% $ 76,787

Phase 3 Subtotal $ 425,819

Phase 4 – Spring 2027 – MAAB/ADA – Elevator $ 1,109,866

Escalation – 30.00% $ 332,960

Phase 4 – Elevator Subtotal $ 1,442,826

Phase 4 – Spring 2027 – MAAB/ADA – Conference $ 533,740

Escalation – 30.00% $ 160,122

Phase 4 – Conference Subtotal $ 693,862

Total – Phases 1 through 3 $ 1,448,967

Total – Phases 1 through 3 plus Elevator $ 2,891,793

Total – Phases 1 through 3 plus Conference $ 2,142,829.