Schools
Andover Awarded $37 Million Grant For West Elementary
The MSBA board officially approved the district's school building grant at their recent board meeting.
ANDOVER, MA — The Massachusetts School Building Authority recently made official its offer to fund up to $37 million of the West Elementary project.
The authority's board voted April 14 to approve the grant, which would go toward a $152 million total building project. Voters will be asked to approve the project, and the debt exclusion to pay for the rest of it, at town meeting and then in a ballot question in June.
The proposed project would replace the existing school and the Shawsheen Preeschool Program with a PK-5 school on the existing West Elementary site.
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Town officials have proposed a nearly-$300 million "integrated financing plan" that would combine the school project with borrowing to pay off the town's retirement benefit, which faces a large deficit due to years of underfunding, partially on the basis of over-optimistic investment projects. The integrated plan would save taxpayers almost $100 long-term but increase taxes in the early years, officials say.
Town officials are also discussing a pension reform that would reduce future obligations.
Find out what's happening in Andoverfor free with the latest updates from Patch.
Town meeting is scheduled June 5.
Christopher Huffaker can be reached at 412-265-8353 or chris.huffaker@patch.com.
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