Littleton Considers New School Project with Significant Financial Implications

Overview: During the recent Littleton Board of Selectmen meeting, the proposed Shaker Lane school project emerged as the most significant topic of discussion. The project has a total estimated cost of $98.1 million, with the state contributing a grant of $38.2 million. This leaves the town’s net cost at $59.9 million, which decreases to $50.7 million after deducting the startup costs. The total cost, including interest, amounts to $73.7 million. However, if the town can provide $500,000 annually over 20 years through levy funds, the town’s true cost could . . .

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