Fiscal 2022 Budget
Town Budget: Watertown Will Pay for New High School Without Tax Override, Fund to Buy Land to be Created
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Ai3 ArchitectsA view from Columbia Street of what the new Watertown High School could look like. The new Watertown High School will be built without a tax increase from a debt exclusion, Town Manager Michael Driscoll announced during Tuesday night’s presentation of the Fiscal Year 2022 budget. The FY22 budget will total $164.43 million, which is an increase of $976,720 — or 0.6 percent — above the current fiscal year. The budget includes a $1.5 million increase in State Aid from FY21, but does not include an expected $10 million that Watertown will receive as part of the Federal American Rescue Plan Act in FY22 and FY23. High School Funding
Driscoll saved the announcement of the high school project funding to the end of his budget highlights.