Account Code
57000
Grand Total
Narrative:
Capital Improvements - Town Account Code #10780290
Per the Town Charter, the Mayor shall present a program concerning municipal improvements and proposed capital projects for the ensuing fiscal year and for five (5) years thereafter.
The Capital Improvement Committee, established by the Town Council and appointed by the Mayor, advises and assists the Mayor in preparing the Capital Improvement Program.
As such, the Department's FY21 Request is a result of the committee reviewing capital project and equipment requests submitted by each department, office or agency. A public meeting was held on Saturday, February 81h 202 to determine recommendations brought forth to the Mayor.
Actual Adopted Town Account 2018-2019 FY20 Department's Mayor Council $Increase
Classification Expended Budget FY21 Request FY21 FY21 Decrease
$1,025,764 $630,200 $9,118,236 $659,810 $659,810 $29,610
$1,025,764 $630,200 $9,118,236 $659,810 $659,810 $29,610
"Increase Decrease
4.70%
4.70"
335
TOWN OF VERNON
FISCAL YEAR 2020·2021 BUDGET SUMMARY
FISCAl. YUR 201902020 FISCAL YfAR 2021).2021
2011·2019 ORIGINAl OMS.O .. MOHTM tsnMAnD OBJ£CT ACTUAl IUDGET 'UOOrT EXPEND EXPENO DEPT.COOE COOl ACCOUNT DUCIUP'TlON OfPl'. "(QUID MAYOR TOWN COUNCIL
So S~193 000 $94 232 $1287232 10780290 51155 lAND & BUllDING ACQUISITION SO SO SO
$314892 SO SO SO SO 10780290 57160 PARK IMPROVEMENTS S300000 SO SO
$124000 $50000 $50000 SO $50000 10780290 57200 BUILDINGS/ BUILDING IMPROVEMENT $16769OB S197750 $197750
SO $415200 $496200 So $496200 10780290 57290 OTHER BUILDINGS & GROUNDS SYST SS90 000 $250000 $250000
SO So SO So So 10780290 57310 IMPROVE/RECONSTRUCT· BRIDGES 52540000 So So
$50000 So SO SO SO 10180290 57312 IMPROVE/ RECONSTRUCT· DAMS $150000 So SO
$302000 $100000 $100000 So $100000 10780290 57120 IMPROVE/ RECONSTRUCT ·SIDEWAlkS S87S 000 SO SO
SO SO SO So So 10780290 57330 ~MPROV£/RECONSTRUCT • SEWERS $886874 SO So
SO SO SO So SO 10780290 57340 lMPROVE/RECONSTRUCT· DRAINAGE $100000 SO SO
SZB 674 SO SO SO SO 10780290 57610 CARS AND VANS SO SO SO
$50000 So So So So 10780290 57615 AMBULANCE SO So SO
$15619B SO So So SO 107B0290 57620 TRUCkS $1777 994 SO So
SO SO SO SO So 107B0290 57640 MOWERS S99S00 $90 100 $90100
So So So SO SO 107B0290 57730 RADI05 $76960 $76960 $76960
SO 54S 000 54SDDO So $45000 107B0290 57B73 OTHER SAFETY EQUIPMENT 545000 $45000 54SDDO
10710290 $1,025,764 $63(1.200 $1,114.200 $94,232 $l ,971.0l Toul CAPfTAL IMPROVEMENTS S9,11I,21& $659.110 $659,110
336
TOWN OF VERNON 2020-2021
BUDGET REQUEST DETAIL
DEPARTMENrS MAYOR'S TOWN COUNCIL REQUEST RECOMMEND APPROVED
10780190 CAPITAL IMPROVEMENTS
571W PARK IMPROVEMENTS
ROCKVILLE CONNECTIVITY / COMPLETE STREETS 300,000 0 0
Tolal Objetl 300,000 0 0
572.00 BUILDINGS/BUILDING I~IPROVEMENT
CITIZENS BLOCK - RENOVATE INTERIOR 1.000,000 0 0 PARKS MAINTENANCE GARAGE IMPROVEMENTS 50,000 0 0 ANNEX INTERIOR RENOVATION - 8 PARK PLACE 25.000 0 0 IWAC / ROOF REPLACEMENT - POLICE DEPARTMENT 125.000 125,000 125,000 CO #2 BlRC ... ST FIREHOUSE - RECONSTRucnON OF PARKING LOT 39,658 0 0 TALcorrVILLE FIRE STATION ROOF REPLACEMENT 17.750 17,750 17.750 FACILITIES MANAGEMENT BLDG - 166 UNION STREET RENOVATIONS TO 50.000 0 0 GARAGE PROSPECT STREET FIREHOUSE - REMOVE AND REPLACE ROOF, REPOiNT 137.000 30,000 30,000 EX'TERIOR, REPAIR FRONT FACADE KELLOGG HOUSE - UNION STREET 40,000 0 0 FIRE STATION REPAIRS 25.000 25,000 25,000
TOWN CLERK VAULT - RECORDS PRESERVMION PROGRAM 167,500 0 0
TOlal Objecl 1,676,908 I 97,7SO 197,750
57290 OTIIER TOWN BLDGS & GROUNDS
REPLACE TOWN FUELING STATION (YEAR 2 OF 2) 250,000 250.000 250,000 REPOINTING / BRICK REI'AIRS - CENTER 375 95,000 0 0
LUCINA C"'APEL - GROVE HILL CEMETERY 150,000 0 0
... EATING SYSTEM IMPROVEMENTS - CENTER 375 95.000 0 0
Totul Objecl 590,000 150,000 250,000
57310 1~II'ROYE/ltECONSTRucr - BRIDGES
MAIN ST BRIDGE REPLACEMENT 2,200.000 0 0 DART I·JlLL ROAD BRIDGE 300,000 0 0 KELLY ROAD BRIDGE REPAIRS 40.000 0 0
Total Object 1,540.000 0 0
57311 IMPROVElHECONSTHucr - DAMS
WALKERS RESERVOIR DAM UPGRADE 150.000 0 0
Total Object ISO,OOO 0 0
57320 IMI'ROVE/RECONSTHUCT -SIDEWALKS
STAND ALONE SIDEWALKS - SOUT .... LAKE. TALCOrrVILLE. DOBSON. 875.000 0 0 ROUTE 83
Total Object 875.000 0 0
57330 IMI'ltDYE/HECONSTHUCT - SEWERS
SEWER SYSTEM EVALUATION / SEWER FEASIBILITY STUDY (5;% GRANT 726.974 0 0 ELIGIBLE) SYSTEM WIDE PUMP STATION ELECTRICAL STUDY IID,OOO 0 0 EMERGENCY POWER GENERATOR / BRooKVIEW DRIVE PUMP STATION 49,900 0 0
Total Object 886,874 0 0
573W IMI'ROVE/HECONSTRUCT - DRAIN,\GE
WEST STREET DRAINAGE IMPROVEMENTS 100,000 0 0
Total Object 100,000 0 0
337
TOWN OF VERNON 2020-2021 BUDGET REQUEST DETAIL
DEpARnIENT'S MAYOR'S TOWN COUNCIL REQUEST RECOMMEND APPROVED
10780290 CAPITAL IMPROVEMENTS
57620 TRUCKS
FORD F-IIO PICKUP TRUCK W/CAp 36,828 0 0 REPLACES 2005 FORD EXPEDITION
FIRE CHIEF/COMMAND VEHICLE FIRE APPARATUS 1,125,000 0 0 95' REAR MOUNT TOWER LADDER (T-l41) FORD FI 50 SUPER CAB 4X4 34,329 0 0
FIRE MARSHALL FORD ESCAI'E AWD SE ( 23,837 0 0
REPLACEMENT ONE TON DUMP BODY PICKUP TRUCK 50,000 0 0
PARKS & RECREATION FORD F3S0 DUMP TRUCK W/PLOW 55,000 0 0
CEMETERY OPERATIONS SINGLE AXLE DUMP TRUCK, 10' PLOW 185,000 0 0 WHEELED LOADER 185,000 0 0 4WD PICKUP TRUCK W/8' PLOW - DPW $38,000 38,000 0 0 4WD PICKUP TRUCK W/8' PLOW - UTILITY BODY F3S0 DpW 45,000 0 0
Total Objett 1,777,994 0 0
576~O MOWt:RS
LARGE MOWER - PARKS & REC 99,500 90,100 90,100
Total Object 99,500 90,100 90,100
577JO RADIOS
REPLACE PORTABLE RADIOS (YR I OF 2 REQUESl) 76,960 76,960 76,960
Total Object 76,960 76,960 76,960
S1B7J OTIIER SAFETY EQUIPMENT
FiREFIGJ-ITER TURNOUT GEAR (PANTS, COATS, HELMETS, BOOTS) 45,000 45,000 45,000
NFPA LlFESI'AN OF JO YEARS, 15 SETS PER YEAR Total Objcct 45,000 45,000 45,000
Grand Total 1078021)0 c,\rITAL IMI'ROVEMENTS 9,1I8,ZJ6 659,810 659,810
338
DEPARTMENT liTEM DESCRIPTION
Engineering
Rockville Connectivityl Complete Streets
Main Street Bridge Replacement
Dart Hill Road Bridge
Kelly Road Bridge Repairs· update design & project specs
West Street Drainage Improvements
TOWN OF VERNON, CONNECTICUT
CAPITAL IMPROVEMENT PROGRAM· DEPARTMENT REQUESTS
PROJECTS AND EQUIPMENT· FISCAL YEARS 2020/2021 ·2025/2026
2020/2021 2021/2022
PROJECTS
300,000
2,200,000
2,500,000
40,000_ I
100,000
1,100,000
250,000
202212023
Stand Alone Sidewalks· South, Lake St., Talcottville, Dobson, Route 83 875,000
150,000 Walker Reservoir Dam Upgrade 150,000 150,000
Bridges less than 20' 45,000 400,0001
Erosion Projects· Mary Lane 150,000
Drainage Swale between Crestridgel Kenneth r. 50,000 J
Talcottville Road· Sidewalk improvements· Route 83 I t Bus Shelters· Talcottville Rd, Hartford Tnpke and Route 74
Hockanum River Culvert· Anacoil to 55 West Main Street
Page 1 of 8
:O~I· CDO.i:,.,. ~ ~~ t'~ (; '.~, ~ 'I· ~ ."" '+0 ~ r .J.~
-=!.:'1I01)
2023/2024 202412025 2025/2026
875,000
150,000
I i 50,000 500,000
50,000 500,000
L 25,000 100,000
339
DEPARTMENT liTEM DESCRIPTION
Parks and Recreation
Valley Falls Pavillion
Henry Park Baskelball Court
Parks Mainlenance Garage Improvements
Henry Park Playscape
Center 375 Basketball Court
West Main Playground
Community Pool Sunshades
Newhoca Pavillion
Center 375 Playground
Henry Park Tennis Lights
Henry Park Paving (120 South Street)
Valley Fall Walkways (300 Valley Falls Road)
Fox Hill Tower Engineering Study (Fox Tower)
Newhoca Deck
McCoy Field Lights
Newhoca Office
Newhoca Arts & Crafts Building
Newhoca Boathouse
TOWN OF VERNON, CONNECTICUT
CAPITAL IMPROVEMENT PROGRAM· DEPARTMENT REQUESTS
PROJECTS AND EQUIPMENT· FISCAL YEARS 2020/2021 • 2025/2026
2020/2021 2021/2022 202212023
75,000
50,000
90,000
30,000
150,000
35,000
50,000
50,000
85,000
80,000
t --' Page 2 of 8
2023/2024 202412025 2025/2026
150,000
75,000
95,000
150,000
95,000
50,000
350,000
50,000 I ff 340
DEPARTMENT /ITEM DESCRIPTION
Data Processing
Inrraslruclure Replacemenl
Public Works/ Center 375
Repoinling/ Brick repairs - Cenler 375
Lucina Chapel - Grove Hill Cemelery
Replace Town Fueling Sialion (Year 2)
Cilizens Block
Annex Interior Renovalion - 8 Park Place
Heating System Improvemenls
CO # 2 Firehouse - Reconstruction - Parking Lol
HVAC Replacemenl - Police Department
Replace Roor - Talcollville Fire
Facilities Management Buidling -166 Union Street
Prospect Sireel Firehouse
Kellogg House - Union Sireel
Police
TOWN OF VERNON, CONNECTICUT
CAPITAL IMPROVEMENT PROGRAM - DEPARTMENT REQUESTS
PROJECTS AND EQUIPMENT - FISCAL YEARS 2020/2021 - 2025/2026
2020/2021 2021/2022 202212023
250,000 250,000
95,000
150,000 150,000
250,000
1.000,000 1,000,000
25,000
95,000 155,000
• 39,658
I 125,000 125,000
17,750
50,000
137,000
40,000
Replace Radio Inrraslrucurel Box Mounlain, Soulh Sireel, BOEI Police
Page 3 of 8
2023/2024 202412025 2025/2026
250,000 250,000 250,000
195,000
341
TOWN OF VERNON, CONNECTICUT
CAPITAL IMPROVEMENT PROGRAM· DEPARTMENT REQUESTS
PROJECTS AND EQUIPMENT· FISCAL YEARS 2020/2021 ·2025/2026
DEPARTMENT liTEM DESCRIPTION 2020/2021 2021/2022 202212023 2023/2024 202412025 2025/2026
Fire I Ambulance
Fire stalions (5) • Repairs and refurbishment 25,000 25,000 25,000 25,000 25,000 25,000
Town Clerk
Vaults and records preservation program 167,500 167,500 167,500 167,500 167,500 167,500
Waste Treatment Plant I Sanitary Sewers
Sewer Syslem Evalulionl Sewer Feasibility Siudy (55% Grant Eligible) 726,974
WPCF • Construclion Upgrades 67,805,916
Syslem Wide Pump Stalion Eleclrical Safely 110,000
EXil67 Plan 3,070,000
Exil66 Plan 1,037,000
TOTAL PROJECTS f 9,518,882 3,607,500 72,273,416 2,989,500 1,592,500 1,242,500
Page 4 of 8
342
TOWN OF VERNON, CONNECTICUT
CAPITAL IMPROVEMENT PROGRAM· DEPARTMENT REQUESTS
PROJECTS AND EQUIPMENT· FISCAL YEARS 2020/2021 ·2025/2026
DEPARTMENT liTEM DESCRIPTION
Fire I Ambulance
Ambulance· Type II or Type III (replace 2015)
Ambulance· Type II or Type III (replace 2016)
Fire Apparatus· 2000 Gallon Engine Tanker (ET·241) (replace 2003)
Ford F·150 4x4 Pickup truck wi Cap 10 replace 1997 Ford F·150 Servicel Tow Vehicle (acquired used)
Firefighter Tumout Gear (Pants, Coal, Helmets,Bools) NFPA lifespan of 10 years, 15 sels per year
Fire Apparatus· 95' Rear Mounl Tower Ladder (T·541)
Ford F·150 4x4 Pickup truck wi Cap 10 replace 2005 Ford Expedilion Fire Chiefl Command Vehicle
Fire Marshal
Ford F150 Super Cab 4x4
Building Department
Ford Escape AWD SE (replace 2008)
Parks & Recreation Department
One Ton Dump Body Pick·up Truck
Large Mower
One Ton Dump Body Pick·up Truck
2020/2021 2021/2022 202212023
EQUIPMENT
150,000
34,328
45,000 46,125 47,278
1,125,000
36,828
34,329
23,837
50,000
99,500
Page 5 of 8
2023/2024 202412025 2025/2026
150,000
750,000
55,000
343
TOWN OF VERNON, CONNECTICUT
CAPITAL IMPROVEMENT PROGRAM - DEPARTMENT REQUESTS
PROJECTS AND EQUIPMENT - FISCAL YEARS 2020/2021 - 2025/2026
DEPARTMENT liTEM DESCRIPTION 2020/2021 2021/2022 202212023 2023/2024 202412025 2025/2026 ---SUV 40,000
One Ton Dump Body Pick-up Truck 55,000
One Ton Dump Body Pick-up Truck 50,000
One Ton Dump Body Pick-up Truck 55,000
Sand Pro Field Groomer 29,000
Showmobile 150,000
10 wheel Dump Truck 185,000
One Ton Dump Body Pick-up Truck 73,000
Bobcal 40,000
Police Department
Replace Mobile Radios 67,900
Replace Chief Vehicle 39,000
Replace Caplain Vehicle 39,000
Replace Portable Radios 76,960 76,960
Cemetery
Backhoe - John Deere 65,000
F-350 Dump Truck wi Plow 55,000
Mowers - ExMark zero turn 17,000 20,000 20,000
Page 6 of 8
344
TOWN QF VERNON, CONNECTICUT
CAPITAL IMPROVEMENT PROGRAM - DEPARTM!;NI B!;QUESTS
PROJECTS AND EQUIPMENT - FISCAL YEARS 2020/2021 - 2025/2026
DEPARTMENT lITEM DESCRIPTION 202012021 2021/2022 202212023 202312024 202412025 202512026
Public Worksl Center 375
Aulomated Slide Loader 30,000 40,000 40,000 40,000 40,000
Snow Equipment - Mini Sidewalk 12,500 17,500 17,500 17,500 17,500
Vac-AII 40,000 50,000 50,000 50,000
Single Axle Dump Truck, 10' Plow 11,000 31,000 31,000 31,000 31,000 31,000
Wheeled Loader (New) 6,000 33,000 33,000 33,000 33,000 33,000
4WD Pickup Truck w/S' plow 10,500 25,500 25,500 25,500 25,500
4WD Pickup Truck w/8' plow -Umily Body F350 10,000 30,000 30,000 30,000 30,000
Used 60+ Foot Bucket Truck 80,000
Page 7 of S
345
DEPARTMENT liTEM DESCRIPTION
Waste Treatment Plant I Sanitary Sewers
Emergency Power Generalorl Brookview Drive Pump Sialion
Emergency Power Generalorl Dart Hill Pump Sialion
Emergency Power Generalorl Phoenix Sireet Pump Stalion
20 Ton Hydraulic Industrial Crane
Emergency Power Generatorl Warren Avenue Pump Station
TOTAL EQUIPMENT
TOTAL PROJECTS
TOTAL PROJECTS AND EQUIPMENT
TOWN OF VERNON, CONNECTICUT
CAPITAL IMPROVEMENT PROGRAM· DEPARTMENT REQUESTS
PROJECTS AND EQUIPMENT· FISCAL YEARS 2020/2021 ·2025/2026
2020/2021 2021/2022 202212023
49,900
80,350
79,500
1,633,854 689,763 590,678
9,518,882 3,607,500 72,273,416
11,152,736 4,297,263 72,864,094
SIX·YEAR TOTAL:
96,690,093
Page 8 of 8
2023/2024 202412025 2025/2026
253,500
79,500
789,500 525,500 1,236,500
2,989,500 1,592,500 1,242,500
3,779,000 2,118,000 2,479,000
346
TOWN OF VERNON. CONNECTICUT
CAPITAL IMPROVE~IENTS PROGRMI DEPARTMENT · REQUESTED PROJECTS f EQUIPMENT AND POTENTIAL FUNDING SOURCES
FISCAL YEAR 211211·21121
Town Project ..
Engineering
Rockville Conneclivilyf Complele Slreels (PlanningfEngineeringlLegal)
Main Street Bridge Replacement
Dart Hill Road Bridge
,Kelly Road Bridge Repairs· updale design & projecl specs
West Street Drainage Improvements
Sland Alone Sidewalks · Soulh. Lake SI., Taloollville. Dobson, Roule 83
Walker Reservoir Dam Upgrade (Iolal proJecl)"
Fire I Ambulance
Fire stations (5) ~ RepaIrs and refurbishment
Parks and Recreation
Parks Maintenance Garage Improvements
Henry Park Pa~ng (120 Soulh Sireel)
Fox H~I Tower Engineering Sludy (Fox Tower)
Newhoca Deck
Public Worksl Center 375
Repolntingl Brick Repairs - Cenler 37S
Lucina Chapel- Grove Hill Cemelery
Replace Town Fueling Slation (Year 2)
Citizens Block
Annex Inlerior Renovation - 8 Park Place
Healing Syslem Improvemenls
CO # 2 Firehouse· Reconstruction - Parking lot
HVAC & Roof Replacemenl- Police Depatlmenl
Replace Roof - Taloollville Fire
Facilities Management Buidling . 166 Union Street
Prospect Street Firehouse
Total
300,000
2,200,000
2,SOO,000
40,000
100,000
875,000
lSO,OOO
2S,000
SO,OOO
IS0,000
SO,OOO
50,000
9S,000
lSO,OOO
2S0,000
1,000,000
2S,000
9S,000
39.658
12S.000
17,7S0
SO,OOO
137,000
Capilal Impro"cmcnl
Budget
300 000
10.496
40,000
100,000
32.898
25.000
SO.OOO
IS0,000
SO,OOO
SO,OOO
2S0,000
2S.000
9S,000
39.658
12S,000
17,7S0
SO,OOO
137,QIlO
-
Debt Sen"itc
Potential Fundin~ Sources Capital
Lease Non-Purchase toelr Recurring
406,640 22.864
109.270
800,000
CNlnl
1,760,000
2,SOO,000
87S,000
307,832
Other Sources
9S.000
IS0.000
200,000
347
Kellogg House · Union Slreel
Town Clerk
Vaults and Records Preservation Program
Waste Treatment Plant I Sanitary Sewen
Sewer Syslem Evalulion! Sewer Feasibilily Siudy
Syslem Wide Pump Sialion Eleclncal Safely
IIDVN OF VERNON CONNECTICUT
CAPITAL.IMPROYEMENTS PROGRAM DEPARTMENT - REQUESTED PROJECTS ! EQUIPMENT AND POTENTIAL. FUNDING SOURCES
FISCAL. YEAR 2020-2021
Potcnlial Funding Sources
Tolal
40.000
167,500
726.974
110,000
Capital Impro\'cmcnt
Budget
40.000
167,500
Deht Sen-ice
Lease Purchasc L.oCIP
r
Capilal Non-
Recurring Grant
399.836
Other Sources
327,138
110,000
348
IQlVt-l QF VERNQt-I. !:Qt-It-I!:CTI!:!1I CAPITAL I~IPRO\'EMENTS PROGRA~I
DEPARTMENT - REQUESTED PROJECTS I EQUIPMENT AND POTENTIAL FUNDING SOURCES
FISCAL YEAR 211211-21121
Potential Funding Sources Capllal Capital
ImprO\'cmcnl Dcht Lease Non· Olher Tolnl Budget Sen-ice Purchase LoCIP Recurring Grant Sources
Town Enuinment
Fire I Ambulance
Firefighter Turnout Gear (pants, Coal, Helmet 800ts) NFPA lifespan of 10 years, IS sets per year 45,000 45,000
Fire Apparatus - 95' Rear Mount Tower Ladder T-541 (15yr [email protected]/yr) 1,125,000 1.125,000
Ford F-I50 4,4 Pickup truck wi Cap (replace 20051 Ford Expedition Fire Chiefl Command Vehicle 36,828 36,825
Fire Marshal
Ford FI50 Super Cab 4,4 34,329 34,329
Building Department
Ford Escape AWD SE (replace 2008) 23,837 23,817
Parks & Recreation Department
One Ton Dump Body Pick·up Truck 50,000 50,000
Large Mower 99,500 99,500
Cemetery
F·350 Dump Truck wi Plow 55.000 55,000
Police Department
Replace POItabie Radios 76.960 76,960
Public Worksf Center 375
Single Axle Dump Truck wi 10' Plow 11.000 11,000
Wheeled Loader (New) 6.000 6,000
4WD Pickup Truck wi 8' plow 10.500 10,500
4WD Pickup Truck wi 8' plow ·Ut!ily Body F350 10,000 10,000
Waste Treatment elant I Sanftaa Sewers
Emergency Power GeneratorJ Brookview Drive Pump Station 49,900 j9,900
TOTAL 11.152,736 2,121,756 1,125,000 37,500 1,206,640 132,134 5,842,668 987,038 349
TOWN OF VERNON CONNECTICIIT
CAPITAL IMPRO\'E~IENTS PROGRA~I DEPARUIENT· REQUESTED PROJECTS I EQUIPMENT AND POTENTIAL FUNDING SOURCES
FISCAL YEAR 2(12(1·2(121
Town Projects
Engineering
Rockville Conneclivilyl Complele Sireets (PlanmngiEnglOeenngfLegal)
Main Sireel Bndge Replacemenl
Dart Hill Road Bndge
Kelly Road Bndge RepailS . updale design & projecl specs
Wesl Sireel Drainage Improvements
Siand Alone Sidewalks · Soulh. lake 51.. TalcolMlle. Dobson, Roule 83
Walker Reservoir Dam Upgrade (Iolal proJect)"'
Fire I Ambulance
Fire stations (5) - Repairs and refurbishment
Parks and Recreation
Parks Maintenance Garage Improvements
Henl)' Park Paving (120 Soulh Sireet)
Fox Hj l TaNer Engineering Siudy (Fox Tower)
Newhoca Deck
Public Worksl Center 375
Repolnlingl Bnck RepallS • Center 375
Lucina Chapel· Grove Hill Cemelel)'
Replace Town Fueling Stalion (Year 2)
Citizens Block
Annex Inlerior Renovation ~ 8 Park Place
Healing Syslem Improvements
CO # 2 Firehouse - Reconstruction - Parking lot
HVAC & Roof Replacemenl· Police Departmenl
Replace Roof· Talcollville Fire
Facilities Management BUldling . 166 Union Street
Prospecl Sireel Firehouse
Tolal
300,000
2,200,000
2,500,000
40,000
100,000
875.000
150,000
25,000
50.000
150,000
50,000
50000
95000
150 000
250000
1.000000
25,000
95,OOO
39,658
125,000
17.750
50,000
137,000
Capilnl ImprOH!mcnl
Duds;t:cl
300.000
10.496
40,000
100,000
32,898
25,000
50,000
150,000
50,000
50,000
250,000
25,000
95,000
39,658
125.000
17.750
50,000
~,OOO
Dcbl Service
..
Polcnlial Fundin~ Sources Capitnl
Lease Non-Purchase LoCIP Recurring
406,640 22,864
109,270
800,000
Granl
1,760,000
2,500,000
875,000
307,832
Ollu~r
Sources
95,000
150,000
200,000
350
Kellogg House - Union Sireel
Town Clerk
Vaults and Records Preservation Program
Waste Treatment Plant I SanltaN Sewers
Sewer System EvalutionJ Sewer Feasibility Study
Syslem Wide Pump Sialion Eleclrical Salely
TOWN OF VERNON, CONNECTICUT
CAPITAL IMPRO\'E~IENTS PROGRAM DEPARnIENT - REQUESTED PROJECTS I EQUIPMENT AND POTENTIAL FUNDING SOURCES
FISCAL YEAR 2020·2021
Tolal
40,000
167,500
726,974
110,000
Capiln) Impro\'rrnenl
Dudgel
40 000
167,500
Dcbl SCT\'icc
PolCRlial Funding Sources Capital
Lease Non-Purchase LoCIP Recurring Cnn.
399,836
Olber Sources
327,138
110,000
351
IOW~ QF VERNON, CONNECTICUT
·1 CAPITAL IMPROVEMENTS PROGRAM ",,"" :1.;..'
... / ' .. ';.t t DEPARTMENT· REQUESTED PROJECTS I EQUIPMENT AND POTENTIAL FUNDING SOURCES '\ - -, " . ~ "
FISCAL VEAR 2020-2021 "·0 ~ . ~ ..
~., .... \"" Potential Funding Sources
Capital Cnpilal Impronment Deht lease Non- Other
Total Budget Scnice PurcJmsc LoCiP Recurring Grant Sources
Town Euuiomcnl
Fire I Ambulance
Firefighler Tumoul Gear (panls, Coal, Helmel Bools) NFPA lifespan of 10 years, 15 sels per year 45.000 45,000
Fire Apparalus - 95' Rear Mount Tower Ladder T-541 (15yr lease@S97,628/yr) 1,125000 1,125,000
Ford F-150 4,4 Pickup truck wI Cap (replace 2005) Ford Expedition Fire Chief! Command Vehicle 36.828 36,828
Fire Marshal
Ford F150 Super Cab 4,4 34,329 34,329
Building Department
Ford Escape AWD SE (replace 2008) 23.837 23,837
Parks & Recreation Department
'One Ton Dump Body Pick-up Truck 50,000 50,000
Large Mower 99,500 99,500
Cemetery
F·350 Dump Truck wI Plow 55,000 55,000
Police Department
Replace Portable Radios 76,960 76,960
Public Worksl Center 375
Sin91e Axle Dump Truck wI 10' Plow 11 ,000 11.000
Wheeled Loader (New) 6,000 6,000
4WD Pickup Truck wI 8' plow 10,500 10,500
4WD Pickup Truck wI 8' plow -Ulility Body F350 10,000 10,000
Waste Treatment Plant I Sanlla!): Sewers
Emergency Power Generatorl Brookview Drive Pump Stalion 49.900 49,900
TOTAL 11,152,736 2,121,756 1,125,000 37,500 1,206,640 132,134 5,842,668 987,038 352
Account Code
59200
Grand Total
Narrative:
Debt Service Principal Payments Account Code #10883292
Accounts for expenditures related to the principal payments of outstanding financial obligations secured by the issuance of bonds and any expected financing obligations such as the Waste Treatment Plant Upgrade project underway.
In addition, expenditures related to the principal payments as a result of the purchase of vehicles financed by leases (external and internal) are accounted for within this account.
Actual Adopted Town Account 2018-2019 FY20 Department's Mayor Council $Increase
Classification Expended Budget FY21 Request FY21 FY21 Decrease
$5,782,083 $5,982,894 $6,393,812 $6,393,812 $5,866,355 ($116,539)
$5,782,083 $5,982,894 $6,393,812 $6,393,812 $5,866,355 ($116,539)
%Increase Decrease
-1.95%
-1.95%
353
TOWN OF VERNON
FISCAL YEAR 2020 - 2021 BUDGET SUMMARY
FISCAL YEAR 2019-2020 F~AlY£AR202~2021
lOl .. lOl! ORtGlNAl R£VtSED 6-MONT>< ESTIMATtO OOJ,cr ACTUAl I\IOGET IUDGET (JIPENO """'NO DEPT.CODE CODE ACCOUNT DDCJUPTKJN O'PT.~UfST MAYOR TOWN COUHe ..
$531 575 $537575 $537 575 $5)7 575 $537575 ID883292 588DO FINANONG -TRANSFER OUT SBn $75 SU7575 $837 575
$4341065 S4 500000 S4 SOOOOO $4245000 S4 SOOOOO 10883292 59100 PRINCIPAl- BONDS S4 686805 $4686805 S4 686805
5135064 $135064 $135064 $135064 $135064 10883292 59130 PRINCIPAL-CWF LOAN OBLIGATIONS 5135064 $135064 $135064
$768379 $810155 $810 255 5152523 $810255 10883292 59170 PRINCIPAl·LEASE PURCHASE-VEHCl $734368 $734368 $206911
10111211
$5.712.013 SUU.I94 $5.982.894 $5,070,161 $5.'IUM Total DEBT SERVICE PIUNCIPAl SUIJ,lU $6,393.112 $5,166.355
354
TOWN OF VERNON 2020-2021 BUDGET REQUEST DETAIL
DEI'ARTMENT'S MA\'OR'S TOWN COUNCIL REQUEST RECOMMEND API'ROVED
10883292 DEBT SERVICE PRINCIPAL PAYMNTS
511800 FINANCING - TRANSFER OUT
WPCF UPGRADE PROJECT, CWF VERNON'S SHARE 837,575 837,575 837,575 Tolal Objecl 837,575 837,575 837,575
59100 I'RINCIPAL- BONDS
SCHOOL RENOVATIONS & ADDITIONS,APRIL2011 108,000 108,000 108,000 SCI-IOOL RENOVATIONS & ADDITIONS·APRIL2012 1,920,000 1,920,000 1,920,000 SEWER SYSTEM IMPROVEMENTS·APRIL 2012 53,000 53,000 53,000 ROADS,DRAINAGE,SIDEWALKS,BRIDGES·APRIL 2011 147,000 147,000 147,000 ROADS,DRAINAGE,SIDEWALKS,BRIDGES·APRIL 2012 812,000 812,000 812,000 ROAD IMPROVEMENT BOND • AUGUST 2015 410,000 410,000 410,000 ROAD IMPROVEMENT BOND· AUGUST, 20 16 425,000 425,000 425,000 ROAD IMPROVEMENT BOND· AUGUST, 2017 210,000 210,000 210,000 SENIOR CENTER PROJECT· AUGUST 2017 85,000 85,000 85,000 SENIOR CENTER PROJECT 110,000 110,000 110,000 ROAD IMPROVEMENT BOND· AUGUST 2018 230,000 230,000 230,000 ROAD IMPROVEMENT BOND· 2020 176,805 176,805 176,805
Tolnl Objecl 4,686,805 4,686,805 4,686,805
59130 I'RINCU'AL·CWF LOAN OBLIGATIONS BOLTON LAKE REGION SANITARY SEWERS (60[20) 135,064 135,064 135,064
Tolal Object 135,064 135,064 135,064
59170 l'IUNCII'AL-LEASE IJURCIIASE·Vf.IICL
MASTER LEASE FIRE TRUCKS (YR 9 OF 10) 155,086 155,086 155,086 DI'W DUMP TRUCKS/PICKUPS LEASE FY 201 5 53,363 53,363 0 DPW & PARKS TRUCKS/LOADERS/6 VEI-IICLES· LEASE FY 2016 60,944 60,944 0 DPW SIDE·LOADERISINGLEAXLE DUMP/DUMP W PLOW LEASE NEW FY 2017 72,076 72,076 0 DPW TANDEM/ SINGLE·AXLE DUMP TRUCKS (2)/ SWEEPER LEASE NEW FY 102,186 102,186 0 2018 DPW DUMP TRUCKS/REFUSE TRUCK FY 20 19 111,620 111,620 0 FIRE PUMPER TRUCK NOV 2018 37,214 37,214 0 FIRE RESCUE PUMPER COMBO / DPW ASL FY 2020 90,054 90,054 0 AERIAL FIRE LADDER TRUCK FY 2021 (NEW) 51,825 51,825 51,825
Total Objecl 734,368 734,368 206,911
Grand Tolnl 10883292 DEBT SERVICE I'RINCII'AL I'A \'MNTS 6,393,812 6,393,812 5,866,355
355
356
Account Code
59200
Grand Total
Narrative:
Debt Service Interest Payments Account Code #10883294
Accounts for expenditures related to the interest payments of outstanding financial obligations secured by the issuance of bonds and any expected financing obligations such as the Waste Treatment Plant Upgrade project underway.
In addition, expenditures related to the interest payments as a result of the purchase of vehicles financed by leases (external and internal) are accounted for within this account.
Actual Adopted Town Account 2018-2019 FY20 Department's Mayor Council $Increase
Classification Expended Budget FY21 Request FY21 FY21 Decrease
$1,880,766 $2,006,917 $1,701,773 $1,701,773 $1,567,284 ($439,633)
$1,880,766 $2,006,917 $1,701,773 $1,701,773 $1,567,284 ($439,633)
"Increase Decrease
-21.91%
-21.91%
357
TOWN OF VERNON FISCAL YEAR 2020·2021 BUDGET SUMMARY
fISCAL YEAR 201!H020 FISCAL YlAR 202G-lOU
2011-1011 OIIIGOI., REWED 6-MONTH UllMATID OOJ.cr ACT\IAl IUDGET BUDGET WEND WEND Df.PT.COot: CODE ACCOUNT O£SCfUmOft DEPT. AEQUtST MAYOR TOWN COUHCa.
$199 915 5199915 $199915 $199 915 $199 915 10881294 58800 FINANONG • TRANSFER OUT '98'" $98 696 $98696
$1496084 $1594282 $1 S94 282 $745978 $1594 282 10883294 59200 INTEREST · BONOS $1395302 $1395302 $1395302
$44684 $41983 $41983 $41982 $41983 10883294 59230 INTEREST·CWf LOAN OBUGATIONS $39281 $39281 $39281
$140083 $170731 $170737 57817 $170737 10881294 59270 INTEREST· LEASE PURCHASE VEHClE $168494 $168494 $34005
10,.U94 $1.110.716 $2.006.917 $2,00&,917 $995.692 $2.006.917 Toc.1 DEBT SERVICE INTEREST $1.70LnJ $1.701.n3 $1.567.214
358
TOWN OF VERNON 2020-2021 BUDGET REQUEST DETAIL
DEPARTMENT'S MAYOR'S TOWN COUNCIL REQUEST RECOMMEND APPROVED
10883294 DEBT SERVICE INTEREST PAYMENTS
58800 FINANCING - TRANSFER OUT
WPCF UPGRADE PROJECT; CWF VERNON'S SIMRE 123,440 98,696 98,696 Totol Object 123,440 98,696 98,696
59200 INTEREST - BONDS
SCHOOL RENOVATIONS & ADDITIONS-APRIL 2011 22,815 22,815 22,815 SCI·looL RENOVATIONS & ADDITIONS-APRIL 2012 432,008 432,008 432,008 SEWER SYSTEM IMPROVEMENTS - APRIL2012 13,080 13,080 13,080 ROADS,DRAINAGE,SIDEWALKS,BRIDGES-APRIL 2011 31,054 31,054 31,054 ROADS,DRAINAGE,SIDEWALKS,BRIDGES-APRIL 2012 210,688 210,688 210,688 ROAD IMPROVEMENT BOND - AUGUST 2015 112,638 112,638 112,638 ROAD IMPROVEMENT BOND - AUGUST 2016 124,813 124,813 124,813 ROAD IMPROVEMENT BOND - AUGUST, 2017 81,300 81,300 81,300 SENIOR CENTER PROJECT - AUGUST 2017 33,000 33,000 33,000 ROAD IMPROVEMENT BOND - AUGUSnO 18 112,031 112,031 112,031 SENIOR CENTER PROJECT - AUGUST 2018 53,38\ 53,381 53,38\ ROAD IMPROVEMENT BOND - 2020 ESTIMATED 2.875% INTEREST RAre 175,000 168,494 168,494
Total Object 1,401,808 1,395,302 1,395,302
59230 INTEREST-CWF LOAN OBLIGATIONS
BOl:rON LAKE REGION SANITARY SEWERS 39,281 39,281 39,281 Toiol Object 39,281 39,281 39,281
59270 INTEREST-LEASE I'URCIIASE VEIICLE
MASTER LEASE - FIRE TRUCKS (YR 9 OF 10) 5,255 5,255 5,255 DPW DUMPTRUCKS/PICKUPS LEASE FY 2015 2,401 2,401 0 DPW & PARKS TRUCKILOADERS/6 VEHICLES - leASE FY 2016 6,631 6,631 0 DPW SIDE-LOADER! SINGLE AXLE DUMPI DUMP W PLOW LEASE FY 2017 10,832 10,832 0 DPW TANDEMI SINGLE-AXLE DUMP TRUCKS (2)1 SWEEPER LEASE FY 2018 24,885 24,885 0 DPW DUMPTRUCKS/REFUSE TRUCK FY 2019 34,955 34,955 0 FIRE PUMPER TRUCK NOV 2018 26,958 26,958 0 FIRE RESCUE PUMPER COMBOIDI'IV ASL FY 2020 27,827 27,827 0 AERIAL FIRE LADDER TRUCK ESTIMATED 2.875% INTEREST RATE 35,000 28,750 28,750
Total Object 174,744 168,494 34,005
Grond Tolol 10883294 DEBT SERVICE INTEREST I'A YMENTS 1,739,273 1,701,773 1.567.284
359
Department: Dobt Service Org Cod.: 10883292 and 10883294
REVIEW OF ACCOUNTS W1TH PROPOSEP CHANGES FROM THE CURRENT BUpGET
FY 2019 • 2020 FY 2021).2021 IncnaH ~ Budget
Principal
537,575
4,500,000
810,255
Inlorosl
199,915
1,594,282
41,983
170,737
Proposed (Ote ..... ) 0bjIc:t ACCiIunt ~~~~~~s~~~C~~ ______ ~~~~~U
837,575
4,686,805
734,368
Total
123,440
1,370,558
39,281
168,494
Tolal
Combine Total
300,000 58800 Financing U •••• Transfer Oul
186,805 59100 Bond.
(75,887) 59170 l.ne.
410,918
(76,475) 58800 Financing U .... Transfer Oul
(223,724) 59200 InlorHI · Bond.
(2,702) 59230 Inloresl· CWF loan ObllgaUons
__ -",2""2",43,,,) 59270 l •••••
(305,144)
105,774
____ -'Ei"'~natlOi1
Increase based on projected debl schedule CWF; Wasle Trealmenl Planl Upgrade
Increased Principal; Oulslanding Bonds + final road bond (estimaled aI2.875% inleresl rale)
Aerial Fire Truck (estimaled 2.875% inleresl rale)
Decrease a resull 0/ transferring FY20 anticipated bond offering Interesl of 5188.98510 lhe debt service lund
Inleresl· Oulslanding Bonds + final road bond (eslimaled 2.875% Inlerest rate)
Aerial Fire Truck (eslimaled 2.875% Inleresl rale)
360
PEBT SERVICE SUMMARY
GE:f!lE:BALEUf!lP
BUDGET YEAR 20201 2021
Issue i!cc,ial Intarest Data 10883292 10883294 Total
QIHE:B EIf!lAf!I~If!lG USE;S - IBAf!lSEE:B QUI Qbll,1 - 5BBUU Qblg,1 - 51BUU
Debt Service Fund - Waste Treatment Plant Upgrade FYE 2021 $837,575 $98,696 $936,271
BQf!lPS Qblld - 591 UU Qblgd - 592UU
General Purpose Bonds:
Roads, Drainage, Sidewalks & Brtdges Aprtl/2011 $147,000 $31,054 $176,054
Roads, Drainage, Sidewalks & Brtdges (refunding) Aprtl/2012 612,000 210,666 1,022,666
Road Improvement Bond August 12015 410,000 112,636 522,636
Road Improvement Bond August 12016 425,000 124,613 549,613
Road Improvement Bond August 12017 210,000 61,300 291,300
Senior Center Project August 12017 65,000 33,000 116,000
Road Improvement Bond NEW August 12016 230,000 112,031 342,031
Senior Center Project NEW August 12016 110,000 53,361 163,361
Road Improvement Bond NEW FYE 2020 176,605 166,494 345,299
Total General Purpose Bonds 2,605,605 927,399 3,533,204
School Bonds:
School Renovations and Additions April/2011 106,000 22,615 130,615
School Renovations and Additions (refunding) April/2012 1,920,000 432,006 2,352,006
Total School Bonds 2,026,000 454,623 2,462,623
Sewer Bonds:
Sewer System Improvements (refunding) April/2012 53,000 13,060 66,060
TOTAL BONDS $4,686,805 $1,395,302 $6,082,107
CLE:Af!I WATE:B EUf!lD QaLIGAIIQf!I Qbll,1 - 58j au Qbll,1 - 5123U
Bolton Lakes Region Sanitary Sewers June 12016 $135,064 $39,281 $174,345
LE:ASE: PUBCHASE:S QIIII,I - 58jzU Qbll,1 - 582ZU
Master lease:
Fire Trucks (s) Aug 12012 $155,066 $5,255 $160,341
Aerial Ladder Fire Truck FYE 2021 51,625 28,750 60,575
TOTAL LEASE PURCHASES $206,911 $34,005 $240,916
TOTAL DEBT SERVICE 5866355 1567284 7433639 -
361
362
TOWN OF VERNON CT
SUMMARY OF DEBT SERVICE
!i!;~!;BAL E!.!t:!!D
AS OF JULY 1, 2020
Reissue Principal ElscalVea __ 2020/21 Debt Service Payments Amount Iislue Maturity Amount
Debt Issue 1.luad Date Date Outstanding Principal Interest Total
Bonded Debt General Purpos, Bond.
Roads, Drainage, Sidewalks and Bridges $2,155,000 04/12111 04101/26 $882,000 $147,000 $31,054 $178,054 Roads, Drainage, Sidewalks and Bridges (refunding issue) 11,724,000 04/11/12 08/01/27 5.888,000 812,000 210,688 1,022,688 Road Improvement Bond 6,130,000 08/05/15 08/01130 4,490,000 410,000 112,638 522,638 Road Improvement Bond 6,350,000 08104/16 08/04/31 5,075,000 425,000 124,813 549,813 Road Improvement Bond 3,130,000 08/03/17 08101132 2,710,000 210,000 81,300 291,300 Senior Center Project 1,270,000 08103117 08101132 1,100,000 85,000 33,000 118,000 Road Improvement Bond 3,387,000 08102118 08101133 3,160,000 230,000 112,031 342,031 Senior Center Project 1,613,000 08102118 08101133 1,500,000 110,000 53,381 163,381 Road Improvement Bond, NEW FY 2019120 To be determined TBD TBD nla 176,805 168,494 345,299
Total General Purpose Bonds $35,759,000 $24,805,000 $2,605,805 $927,399 $3,533,204
School Bonds School Renovations and Additions $1,600,000 04/12111 04101/26 $548,000 $108,000 $22,815 $130,815 School Renovations and Additions (refunding issue) 22,168,000 04/11112 08/01/27 12,159.000 1,920,000 432,008 2,352,008
Total School Bonds $23,768,000 $12,807,000 $2,028,000 $454,823 $2,482,823
Sew,rBonds Sewer System Improvements (refunding issue) $793,000 04/11/12 08101127 $363,000 $53,000 $13,080 $66,080
Total Sewer Bond. $793,000 $363,000 $53,000 $13,080 $66,080
Total Bonds (Gros. and Net Bonded Debt) $60,320,000 $37,975,000 $4,685,805 $1,395,302 $6,082,107
LeaBe purchase,
Fire Trucks - Pumpers (2) and Rescue (1) $1,479,761 08/22112 01110/22 $312,776 $155,086 $5,255 $160,341 Recycling Truck, Excavator, Blower, Parks Tractor 530,239 08122112 01110/19 0 0 0 0
Total Lease Purchasas $2,010,000 $312,776 $155,086 $5,255 $160,341
363
Debt Issue
Clean water Fund Loan Obligations Waste Treatment Plant, Upgrade, Vernon's share·
·50% of the anlicipated FYE 2021 debt service payment
Overlapping Debt Bolton Lakes Sanitary Sewers
Total General Fund Debt Service - unadjusted
TOWN OF VERNON CT
SUMMARY OF DEBT SERVICE GENERAL FUND
AS OF JULY 1, 2020
Amount Issued
Reissue I Issue Date
To be determined FY 2021
Maturity Date
FY 2040
$2,701,277 06/30/16 06/30/35
$65,031 ,277
Equipment acquisitions Internally funded yla scheduled payments funded by pebt Service budget:
Aerial Fire Ladder Truck, FYE 2021,1 of 12, NEW, eslimated 1,000,000 11/01/20 11/01lxx
Total Funded by Debt Service budget $1 ,000,000
Total General Fund Debt Service - Adjusted $66,031 ,277
Principal Amount
Outstanding
018
$2,161,021
$40,448,797
nla
$0
$40,448,797
Fiscal Year 2020121 Debt Service Payments
Principal Interest Total
$837,575 $98,696 $936,271
$135,064 $39,281 174,345
$5,814,530 $1 ,538,534 $7,353,064
$51,825 $28,750 $80,575
$51 ,825 $28,750 $80,575
$5,866,355 $1 ,567,284 $7,433,639
364
Fiscal Year
2020/21
2021/22
2022/23
2023/24
2024/25
2025/26
2026/27
2027/28
2028/29
2029/30
2030/31
2031/32
2032133
2033/34
2034/35
Total
TOWN OF VERNON CT
SCHEDULED PEBT SERVICE REQUIREMENTS
FOR THE FISCAL YEARS ENDED 2020/21 - 2034/35
GENERAL PURPOSE BONDED DEBT SCHOOL PROJECTS BONDED DEBT
Principal Interest Total Principal Interest Total
$2,429,000 $758,904 $3,187,904 $2,028,000 $454,822 $2,482,822
2,428,000 663,702 3,091,702 2,035,000 371,964 2,406,964
2,447,000 567,799 3,014,799 2,111,000 287,175 2,398,175
2,446,000 473,674 2,919,674 2,107,000 203,355 2,310,355
2,381,000 388,519 2,769,519 1,227,000 137,215 1,364,215
2,377,000 314,460 2,691,460 1,222,000 88,640 1,310,640
2,219,000 246,612 2,465,612 1,105,000 45,735 1,150,735
1,763,000 194,082 1,957,082 972,000 14,580 986,580
1,460,000 152,569 1,612,569
1,460,000 114,862 1,574,862
1,440,000 75,944 1,515,944
1,015,000 42,338 1,057,338
610,000 19,462 629,462
330,000 5,157 335,157
$24,805,000 $4~1 ~08L$41!,823>01!4 $1~,8Q7,000 $1 ,603,486 $14,410,486
SEWER PROJECTS BONDEDIDEBT
Principal Interest Total
$53,000 $13,080 $66,080
52,000 10,915 62,915
52,000 8,770 60,770
52,000 6,690 58,690
52,000 4,610 56,610
51,000 2,550 53,550
51,000 765 51,765
$363 ,~00 $47,380 $410,380
Page 1 of2
365
Fiscal
Year
2020/21
2021/22
2022123
2023/24
2024/25
2025/26
2026/27
2027/28
2028/29
2029/30
2030/31
2031/32
2032133
2033/34
2034/35
Total
LEASE PURCHASES
Principal Interest
$155,085 $5,255
157,691 2,649
$312,776 $7,904
• Vernon's allocable share.
TOWN OF VERNON. CT
SCHEDULED DEBT SERVICE REqUIREMENTS
FOR THE FISCAL YEARS ENDED 2020/21 - 2034/35
Total
$160,340
160,340
$320,680
OVERLAPPING BEBT- 'BOLtON LAKES SEwERS"
[ Principal ,Interest Tot!!1 ]
$135,063 $39,281 $174,344
135,064 36,580 171,644
135,064 33,879 168,943
135,064 31,177 166,241
135,063 28,476 163,539
135,064 25,775 160,839
135,064 23,073 158,137
135,064 20,372 155,436
135,063 17,671 152,734
135,064 14,970 150,034
135,064 12,268 147,332
135,064 9,567 144,631
135,064 6,866 141,930
135,064 4,164 139,228
135,064 1,463 136,527
$2,025,957 $305,582 $2,331 ,539
ALL DEBT SERVICE
Principal Interest Total
$4,800,148 $1,271,342 $6,071,490
4,807,755 1,085,810 5,893,565
4,745,064 897,623 5,642,687
4,740,064 714,896 5,454,960
3,795,063 558,820 4,353,883
3,785,064 431,425 4,216,489
3,510,064 316,185 3,826,249
2,870,064 229,034 3,099,098
1,595,063 170,240 1,765,303
1,595,064 129,832 1,724,896
1,575,064 88,212 1,663,276
1,150,064 51,905 1,201,969
745,064 26,328 771,392
465,064 9,321 474,385
135,064 1,463 136,527
$40,313,733 $5,982,436 $46,296,169
Page 2 of 2
366