As Brookfield studies how best to create a new pre-k through 5th grade school, impact on issues including debt services and taxes need to be addressed.  Brookfield School officials have presented information to the Board of Selectmen on the 10-year Projection in order for the best plan for the financing on the proposed new school project on the current Huckleberry Hill Elementary School campus.

The presentation included operating expenses, annual capital expenses, debt service without the new school school, impact of the new school for the 30 year bonding with a flat debt service payment, impact on taxpayers, total taxes going forward and a 10 year forecast on bond rates. 

The Board of Selectmen recommended to the Board of Finance that the town approve a special appropriation of $78.14 million, with the net cost after anticipated state grant reimbursement of $63.29 million.  The Board of Finance is meeting on the issue tonight. 

A Special Town Meeting will be scheduled in January and a referendum in March in order to meet the grant application deadline of June 30, 2019.