Where it stands as of Wed, May 13
The Recreation Commission is reviewing debt repayment schedules and user fees for the 911 Field turf complex after revolving fund revenues fell short of initial pre-COVID projections. Commissioners are weighing a repayment schedule of $30,000 to $45,000 annually through FY35 alongside a proposed $5-per-hour fee increase for sports leagues. Action remains pending finalized revenue models from the recreation director and finance director.
- Undecided Recreation Commission Deferred action in May 2026 pending refined revenue projections and fee models to address the remaining bond balance and a proposed $5-per-hour fee increase.
Every time it came up newest first
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911 Field bond payback schedule and fee structure
The commission met with the town finance director to review the repayment schedule for the 911 Field bond. The original bond of approximately $687,000 is nearly half paid off, but annual revolving fund revenues of $30,000 to $45,000 have not matched the initial pre-COVID projections of $70,000 to $90,000. Commissioners discussed maintaining a manageable repayment schedule of roughly $30,000 to $45,000 annually through FY35 and considering a modest $5 per hour user fee increase for fall sports leagues.
- The town originally bonded roughly $687,000 to replace the turf, with nearly half paid off to date.
- Revolving fund revenues are projected at roughly $30,000 to $40,000 annually, below initial projections of $70,000 to $90,000.
- A $50,000 payback installment was paid earlier in the fiscal year, and the proposed schedule suggests $30,000 paybacks for FY27 and FY28.
- A proposed $5 per hour field fee increase would cost youth soccer approximately $1,300 to $1,400 for the season.
- The finance director and recreation director will finalize revenue models for review at the next meeting.
Outcome: Discussion held; the commission deferred action until the director and finance director produce refined revenue and fee numbers next week.