QUESTIONS & ANSWERS

							                           QUESTIONS & ANSWERS
Question: What is the estimated cost of the building project?
Answer: Provided the agreed upon solution involves a Pre-K through Grade 5 building,
approximately $35 million.


Question: What is the estimated cost share between the Town and the State?
Answer: The base grant rate for the Feasibility Study is 56%, meaning the town would pay
44% of the cost and the state would pay 56%. Additional points may be added to the
state’s above figure should a project receive approval by MSBA and the resident voters of
Carver. MA General Law governing this program and Carver’s grant rate estimate, prior to a
completed and approved MSBA Feasibility Study, are included for your information.


Question: What is the estimated cost to my property tax bill?
Answer: Estimate as of 1/9/08


Question: When will the estimates be updated?
Answer: The estimates for the project cost and grant rate are likely to be updated after the
Feasibility Study is completed.