Amherst’s draft 5-year plan for four building projects indicates borrowing $90.75M Updated Apr 09, 2:31 PM; Posted Apr 09, 2:31 PM Facebook Share AMHERST – A draft five-year plan on financing four major building projects indicates borrowing $90.75 million is needed to do the work. This information is from the Amherst Joint Capital Planning Committee’s [JCPC] most recent report, published online Friday. The financial estimates include fiscal years 2022 through 2026. The report says $20 million for new public works facility and $15.75 million to expand and renovate Jones Library, with those borrowings happening next year In four years, the estimates include borrowing $40 million for a new elementary schools and $15 million to build a new fire station.