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algonquin-debt

Regional school committee votes to put assessment compromise before voters again

November 23, 2009 11:42:46 AM

For two years now the towns of Northborough and Southborough have been at odds about how to assess debt payments for the Algonquin building project. A compromise plan put forward by the Regional School Committee was overwhelmingly rejected by Southborough voters at town meeting last April.
At their meeting last week, the school committee decided to

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School committee hears from selectmen on Algonquin debt assessment

September 17, 2009 10:47:21 AM

Last night was the first meeting of the year for the Northborough-Southborough Regional School Committee, and high on the agenda was the Algonquin reimbursement issue.
For those of you who need a refresher, this is the long-standing debate about how to equitably split Algonquin mortgage payments for the next 17 years. Southborough voters rejected a compromise

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Wait and see approach considered for Algonquin debt assessment

May 22, 2009 11:28:47 AM

Southborough town meeting voters last month rejected a compromise proposed by the regional school committee to resolve the Algonquin debt assessment issue. That means the issue remains unresolved.
The regional school committee on Wednesday night considered how to move forward. The Metrowest Daily News reports many favored a wait and see approach.
Several members said the committee

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Northborough’s ‘warm spirit of compromise’

April 28, 2009 02:42:20 PM

The Metrowest Daily News reports Northborough Town Meeting last night approved the Algonquin debt reimbursement compromise rejected by Southborough earlier this month.
The compromise was proposed by the Regional School Committee as a way to resolve the dispute between the two towns over how to split mortgage payments for Algonquin over the next 17 years. Southborough

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Town Meeting rejects Algonquin compromise

April 16, 2009 11:42:17 AM

Town Meeting played nice with Northborough on Monday night when it came to budget assessments, but when the topic of debt assessments came up on Tuesday night, voters decided it was time for some tough love.
There were two articles on the warrant this year that talked about assessments. The first had to do with how

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How much Southborough would get under the Algonquin reimbursement proposal

November 24, 2008 05:57:00 AM

The debate over how to distribute state reimbursements from the Algonquin renovation project has been percolating for more than a year. At last week’s regional school committee meeting, Superintendent Charles Gobron revealed how much of the kitty each town would get under the latest proposal.
Southborough has argued distribution should be based on Algonquin enrollment for

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