Article 5 authorized a massive $45,191,700 capital projects budget for fiscal year 2027, with the majority of the funding dedicated to overhauling town water systems. The measure, presented by L. Peterson, includes authorization for the town to borrow $41.75 million specifically for water-related projects.

In addition to the water borrowing, the article authorizes $2.49 million in borrowing for general fund capital projects. The plan is further supported by $731,000 from free cash and $215,000 from water retained earnings. The large-scale water project is part of an ongoing multi-year effort to modernize Pembroke’s aging infrastructure.

Motion: [Motion including $731k from free cash, $215k from water retained earnings, and authorization to borrow $41.75M for water projects and $2.49M for general fund projects.]

Vote: Passed by 2/3 Majority