Bedford voters approves town budget
She said several years ago, town officials put a cap on road maintenance while the town was still growing and found the cost was too great and began to ask for bond money.
Dermody said the road maintenance program of $1 million was put into place a few years ago to fill cracks and clean out drainage areas and was not meant to rebuild roads. He said the $30 million bond will allow the town to address the 150 roads in need of repairs, some which have not been fixed since they were built in the ’60s. The budget, beginning in 2015 will be increased by $200,000 until it reaches $2 million for road maintenance. Roads identified some years ago by the Pavement Condition Index were deemed in failure, and need to be rebuilt.
Voters at the meeting approved the operating budget for fiscal year 2014-15, an increase of 2 cents per $1,000 assessed property valuation for a projected town tax rate of $4.99, or an $8 increase for a $400,000 home.
Dermody, who has been a councilor since 2008, decided not to run for another term this year. He was presented a plaque for his dedication to the town and his efforts to make sure Route 101 was kept on track with the state DOT’s improvement plan, and for promoting economic development in town.
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