Speaker numbers apply only to this recording.
On March 25, 2026, the Pleasantville Village Board of Trustees held a work session to discuss proposed financing for capital projects and the continuation of a seasonal outdoor seating area on Wheeler Avenue.
Ben Maslona of Fiscal Advisors presented a debt analysis for three proposed capital projects: the Nat Hagen Wall (estimated $2.5–$3 million), a DPW truck (~$385,000–$400,000), and village hall boiler replacement (~$260,000–$300,000). The presentation included bond charts and credit rating metrics showing that even with these projects, the village’s debt metrics would remain well within AA+ rating thresholds. The board discussed the impact of drawing down fund balance in the tentative budget (approximately $800,000) and the importance of maintaining reserves for economic downturns. Trustees expressed support for the conservative financial approach and noted the village’s strong credit position.
Alan from Seoul Brewing requested continuation of the outdoor seating area in front of the business, which has been in place since the COVID-19 pandemic. Board members discussed the space as a public amenity, noting occasional conflicts with neighboring businesses over table reservation and food delivery. It was clarified that the tables are public space—not reserved for any business—and that alcohol consumption in the area would require addressing open container regulations. Suggestions included painting the concrete barriers, adding signage designating the space as public, and improving visibility. The board expressed general support for continuing the space on a seasonal basis (approximately six months) and agreed to clarify acceptable food delivery practices to prevent commercial use.
Mas Lona. Good evening. For holding you up. Let me just get us to start. We had a an executive session and we're getting back to the meeting room a little bit late. Today is Monday, March 23rd. We are beginning our work session for the board of trustees. First item is a discussion with Ben Maslona of Fiscal Advisors. Welcome, sir. Thank you very much. Good evening, everyone. Good evening. And then Ben, Mr. Mayor, if I could just interject just to paint the picture here. So the fiscal year end 2027 budget, next year's budget proposes to finance three capital projects. So the first is a Nat Hagen Wall project, which everybody's aware of, estimated to be about 2.5 to $3 million. The DPW truck at around $385 called $400,000. And then the boiler replacement for village hall. The current boilers are original to the building. So they need to be a replacement. So we've been talking to Ben and developing some data and some numbers on what that borrow may look like. So Ben take a look. Okay. So it's kind of standard to what we've done in the past. We wanted to take a look at what this meant with the uh totality of the debt picture of the village. So we put together a um kind of basically a long-range spreadsheet, which includes all of the projects outstanding. And I don't know, Eric, if you wanted to pull that up, or do you want me to try to share it? Um you share it, Ben. Yeah. It's attached to the and I have it up, but it might be easier if you share it and then you can pilot your way through it. Okay. And can everyone see this? Not yet. Not yet. Uh let's see. There we go. We got it. There's always that little time delay. Um, so I'll I know there's a lot of columns here. I'll try to make the easiest uh rendition of this. Basically, we're currently in the 2026 fiscal year, which I've highlighted in yellow. And kind of from left to right, what we did is we look at all of the debt service of prior projects, which are represented in columns one, two, and three. We had some prior bans that we issued a few years back. I've included those, but those are really for historical purposes. Then we also have in column seven, eight, and nine, the pool project, which we recently financed, and then the projects which we're thinking thinking about for the 2027 year, the DPW truck, boiler, and Nanahagan Brook Wall, all would not have any impact.