What else is the Town doing to reduce the cost?

Littleton voters will decide on a warrant article to approve building a new Shaker Lane School at the Special Town Meeting on Oct. 28.

We are providing the answers to some of the frequently asked questions about the Shaker Lane School Building Project in the weeks leading up to the vote.

QUESTION: What else is the Town doing to reduce the cost?

ANSWER: The Town has and will continue to investigate ways to reduce the impact of the project on taxpayers.

The Shaker Lane School Building Committee (SLSBC) has already reduced the overall budget that was submitted to the MSBA by $529,200. The SLSBC will look for additional opportunities to reduce the overall project budget further as we get closer to construction.

The Select Board and Finance Committee will continue to put funds aside in the newly created School Building Stabilization Fund to reduce the impact of the debt exclusion on taxpayers.  Current estimates show the Town will put aside $7.1 million in funding toward construction, as well as $10.6 million in funds over the 20-year borrowing period into the Debt Exclusion Stabilization Fund.

To find more information about the project, visit https://tinyurl.com/ShakerLaneBuildingProject.