Stamford Planning Board proposes $47M for capital projects

Stamford Planning Board proposes $47M for capital projects

Originally city department heads requested $67 million for capital projects, but the board pared down the asks, choosing to focus on city infrastructure upgrades and repairs that include street resurfacing, citywide dredging and equipment for the police and fire departments. The day after the planning board settled on their preliminary capital budget, Mayor David Martin announced that a “significant portion” of a $14.3 million surplus from the 2018-19 fiscal year would be devoted to road paving projects in 2020. For the current fiscal year, department leaders asked for $80 million in capital projects, a number that was slashed down to $50.4 million by the Planning Board. The Board of Representatives ultimately approved a $40 million capital budget.

https://www.ctinsider.com/local/stamfordadvocate/article/Stamford-Planning-Board-proposes-47M-for-capital-14900097.php?_ga=2.128453900.1422668320.1576162443-1355328795.1512408203

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