Hudson City Council will decide whether to approve its five-year plan and 2013 budget at its meeting Wednesday evening.
The meeting will begin at 7:30 p.m. at the Town Hall.
The proposed five-year plan has been formulated based on workshop discussions held in the last month.
Major components of the plan affecting the General Fund include:
- An allowance of $1.6 million annually to repair, rebuild and maintain the city's streets
- Reducing the police department small capital expense total by $6,000
- Adding the vacant Board Clerk Position back to the Community Development Department (approximately $65,700 annually)
- Adding the annual estimated debt service for the YDC demolition. ($175,000 per year, beginning in 2014, for a period of ten years)
- Reducing the amount available to TecHudson (a business incubator) to $75,000 for 2013; $50,000 for 2014 and $50,000 for 2015
The Electric Fund plan includes a provision to reduce expenditure in 2013 for the Route 91 LED lighting project from $1,000,000 to $650,000. Payment of the remaining $350,000 needed to complete the project will be deferred until 2014.
The Fleet Fund plan will reduce the amount budgeted for vehicle replacement by $48,000. Instead of purchasing three cruisers at a total cost of $78,000, an SUV or similar vehicle will be purchased at an estimated cost of $30,000.
The 2013 budget has been modified to incorporate the five-year plan.