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Upton Library is now reopen for browsing, with public computers and limited seating.
Please continue wearing a mask inside for the safety of all our visitors.
No-contact pickup remains available. See no-contact services information.

Library and Pickup Hours: Tues, Weds, Thurs: 10am-8pm, Fri and Sat: 10am-4pm

Please call 508-529-6272 or email mbachtol@cwmars.org for information on specific library services.

Wednesday, May 5, 2021

Proposed Community Center Financial Info

This week, the Town of Upton is voting on a proposed new community center.

Town Meeting:  Saturday, May 8, 9am, Nipmuc Highschool.  Outdoors.  Rain Date Sat May 15.

Town Election: Tuesday, May 11, 7am-8pm, Town Hall.  Ballot Vote, early voting is available.

Voting information:  https://www.uptonma.gov/town-clerk/pages/2021-annual-town-election-voting-options

Information about the proposed community center:  https://www.uptonma.gov/community-center-building-committee

Financial Plan - These are the numbers that will be motioned at the Town Meeting.

Project cost:  $12,355,893

CPA funding for playground:  $520,000

Appropriate from Free Cash: $800,000

Borrow amount: $11,035,893

Length of loan: 25 years, each year the payments decline with year 1 being the highest payment

First year debt payment:  $660,000

Tax rate increase per $1,000:  $0.38

Increase to annual tax bill for an average assessed home of $450,000 :  $170

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