Town of Boston creates parks and buildings capital reserve funds
BY: Matt Sargeant | October 31, 2012
There was little to no controversy at the Boston Town Board’s most recent meeting on Oct. 17, as the board passed several resolutions going into the board’s preparation for the 2013 budget.
Among the six resolutions brought forth during the meeting, two in particular stood out to Councilman Jay Boardway, who said, “We had multiple resolutions tonight, but two of the most important resolutions on that agenda tonight were establishing a parks and buildings capital reserve fund and establishing a highway equipment fund.”
The board passed the resolution to establish a capital reserve fund in the amount of $100,000 for recreation facilities at the Boston Town Park and the Trooper Barracks Town Park.
That fund was officially designated as the “Building and Parks Capital Reserve Fund.” The other resolution to which Boardway referred to established a capital reserve fund to be known as the ‘Highway Equipment Reserve Fund’ of the Town of Boston.
The total dollar amount for that fund was agreed upon at $81,110.74.
“We have taken the taxpayers’ monies that we are entrusted with and we’ve kept them, we’ve invested into this town’s future,” said Boardway. “What we’re doing here is we’re providing funds now where we can pay cash for things we need to buy in the future. We anticipate our needs; we know what they are.
“The highway superintendent has actually done a meticulous job with his budget and reducing his own highway debt from $800,000-plus down to zero, and the way we do this is by prudently looking at the future and seeing where we need these funds. We are not spending and going into debt in the future with you or your children’s money. We’re saving for the future, so when we do need things, we can reach into the pocket we already have full and take that money and pay cash.
“It’s a good solid strategy that this board has,” he said. “We’re sticking to it, and tonight you’ve seen us increase that strategy by creating a separate fund, a parks and highway capital reserve fund to continue the beautification projects you guys have been able to see happening around this town in the last two years.
“So, it’s just my opinion of course, but those are the two most important things on the agenda tonight that you all witnessed,” Boardway said.
In other business, the board:
• Passed a resolution to lower the speed limit on a the stretch of Boston State Road from the Route 219 off-ramp to Herman Hill Road from 40 mph to 35 mph.
According to the resolution, the board had been made aware of the traffic safety concerns with respect to that section of Boston State Road, and that the residents had reported to the board of excessive speed and otherwise imprudent and unsafe operation of this section.
The board resolved to formally request a traffic speed and safety study be conducted for this section of Boston State Road.
• Passed a resolution requesting a traffic speed and safety study on Keller Road, for the purpose of having the speed limit reduced to 45 mph on a section of Keller Road between Feddick and Zimmerman roads.
According to the board, residential development has increased along the length of Keller Road.
The resolution states, “Keller Road has proven to be hazardous due to its steep incline from the intersection of Zimmerman Road, travelling west to the Town of Hamburg border.”
• Passed a resolution for two projects to be considered for funding by the Erie County Community Development Block Grant Program during the 2013-14 grant cycle.
The first priority is the Mill Road Drainage Project, which requests $100,000 in CDBG funds to be matched by $192,000 in town funds, using a combination of cash and force account labor.
The second priority is for support of Rural Transit Service.
• Passed a resolution that the Boston assessor and Erie County Finance Department place a list of unpaid bills on the 2012 tax roll. The bills total $1,427.13.
The Boston Town Board will next meet on Wednesday, Nov. 7 at 7:30 p.m. A public hearing on the 2013 proposed budget will be held at 7:40 p.m. that evening.