Government

City Manager: State of the City is Healthy & Strong, Concerns Remain About Tax Revenues

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The State of the City is “healthy and strong,” City Manager George Proakis stated Thursday evening. Watertown sits in a good position financially, Proakis said, the Council has done a good job improving and replacing facilities and parks, the City has been able to fill long-time openings, and there are some major efforts in the works, such as the new high school, the human services study, and Watertown Square. Proakis and City Council President Mark Sideris gave the second annual State of the City address on Thursday evening at the Watertown Library. The State of the City is a requirement added in the recent City Charter changes. While the City’s financial situation looks good, Proakis said there is still much work to be done.

Government

FY25 City Budget Includes New Police Program, Funds for High School Project & to Meet Climate Goals

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Watertown’s Budget Stable Now, May Not be in Future Years

Watertown City Hall

The City of Watertown’s financial situation looks good for Fiscal Year 2025, which starts July 1, 2024, but the City may face some challenging budgets in the following years, City Manager George told the City Council on Tuesday night. The budget includes funding some ongoing efforts, such as the Watertown Square Area Plan, the Watertown High School project. It also includes funding to implement the City’s Energy and Sustainability Plan, to start the human rights commission, and add new programs, including at the Watertown Police Department. On April 30, Proakis presented his FY25 budget, which will be $203.975 million, which is a 1.96 percent increase from the revised FY24 budget (the current year). The majority of the budget comes from local property taxes, which funds 81 percent, or $165 million in FY25.

Government

Budget Forecast Good for 2024, but Manager Sees Gloomy Conditions in Future

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Watertown’s budget will be healthy enough to add several positions in Fiscal Year 2024, but City Manager George Proakis told the City Council Tuesday night to expect some challenging budgets in the years to follow. The FY24 budget, which will be approved by the Council in June and begins July 1, will be $190 million. This is 5.9 percent below the FY23 budget, but Proakis said if you take out the money used to purchase Walkers Pond and the former Parker School, it would be 6.99 percent higher than FY23. The stormy seas ahead are due to five converging forces, Proakis said, and they could impact the budgets from FY25-28. The first factor is the cost of construction, which comes at a time when Watertown is taking on the biggest in its history: a new high school which will cost more than $200 million.

Government

City Manager Gives Outlook on Watertown’s Budget, Philosophy on Contract Negotiations

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Watertown City Manager George Proakis. This week, School officials announced an agreement on the Watertown teachers’ contract, but even when that is signed Watertown has six unions on the municipal side yet to be settled. This week, the City Manager revealed his philosophy when approaching these negotiations and how the City budget could impact the talks. He released a memo to the City Council outlining the contracts and the Watertown budget at Tuesday’s Council meeting. While making the budget, Proakis said he and his team are following the Council’s budget priorities, which include creating walkable neighborhoods and small business programs, improving infrastructure, using green vehicles, and upgrading parks and playgrounds.

Government

Council Approves Adding $4.3 Million to FY23 Budget, Plans to Spend Most of Funds

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Watertown City Hall

Watertown’s Fiscal Year 2023 budget increased by $4.325 million when the City Council approved the budget amendment on Nov. 9. Most of the additional funds will go to help purchase the former Parker School or will go into the High School project stabilization fund. City Manager George Proakis gave the details of the budget amendment for the fiscal year that ends on June 30, 2023. The additional fund mostly come from accounts that came in higher than when the budget was approved last spring, Proakis said.

Government

City Manager Commits to Building a New High School Without Sacrificing Education or Green Features

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Ai3 ArchitectsA rendering of the main entrance to Watertown High School from Columbia Street. Watertown has plans to build a new high school which will create enough energy to cover the amount needed to operate the building, be equipped with state of the art equipment and technology, and will educate students for decades to come. Even facing climbing construction costs, City Manager George Proakis vowed that the new school will be built.

Watertown will get a significant portion of the new high school reimbursed —  $44.2 million — by the State through the Massachusetts School Building Authority (MSBA). The cost of the project approved by the state was $138.6 million, but since the approval in March the cost of construction has escalated. In July, the School Building Committee approved “value engineering” steps to use less costly materials and reduce the scope of the project to keep it on budget.

City Budget

Watertown’s New City Manager Talks About Some of His Priorities as He Starts the Job

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Watertown’s new City Manager, George Proakis, officially started working for the City on Aug. 15, 2022. In his first few weeks as new City Manager, George Proakis has been meeting people and getting familiar with how things work in Watertown, but he does have a few items he knows will be on his plate during his first year on the job. Proakis sat down with Watertown News during his second week in his new job and shared some of his thoughts about projects he expects to take on early in his time in town. This is the second of two stories on the City’s new chief executive.

City Budget

FY23 City Budget Includes New Positions for Police, Fire & Library; Organic Waste & Pest Control Programs

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Watertown City Hall

Watertown’s Fiscal Year 2023 City Budget is projected to drop by more than $1 million from FY2022, but will add several positions, including for the Police, Fire Department, and the Watertown Library. The budget also includes new initiatives related to curb-side composting and rodent control. Acting City Manager Tom Tracy presented the $174.79 million Watertown City budget for Fiscal Year 2023 to the Council Tuesday night. The budget would be a reduction of $1.79 million from FY2022. The budget includes funding for the three elementary school projects, as well as the new Watertown High School project, Tracy said, which will be done within the normal operating budget and won’t need a temporary tax increase though a Proposition 2 1/2 override.