PROJECTBUDGET PLANNING

Continued review and reset of the Capital Improvement Plan (CIP)…

Town of Nantucket
Detected
Oct 1, 2026
32 days ago
Sector
Capital Projects
Est. value
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Detected 32 days agoOct 1

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THE 30-SECOND BRIEF

What's planned

Continued review and reset of the Capital Improvement Plan (CIP) for the next 10 years.

Background

The plan has been reduced from $1.3 billion to $702 million by moving projects beyond the 10-year horizon. Focus on projects greater than $3 million initially, then potentially those over $250,000. Concerns about funding, overrides, and interest rates are prominent. The board wants to prioritize projects that can be funded without overrides. The plan includes projects for DPW, schools, housing, and coastal resilience. Unused borrowing and grant opportunities are also being considered.

From the meeting

Source
Nantucket Select Board - September 30, 2026
Meeting date
October 1, 2026
Agency
Town of Nantucket

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