
Chief Administrative Officer Mark McCaig says following the elimination of some items and identifying different funding sources for others, the $ 8 million list has no need for any long-term financing and will have no impact on the operating budget.
Some of the projects are contingent upon the town receiving government assistance.
About $3.5 million would come various reserve funds, if the town did all of the projects identified, reducing the amount the town has to about $7.4 million by the end of 2014.