If all articles pass the municipal portion of the tax rate will rise from $6.32 in 2017 to $6.74 in 2018, or a 6.6% increase. The WWTP bond is not included in the 2018 $6.74 rate, as the bond is not anticipated to hit the tax rate until 2019. However, the bond if approved will add another $.19 to the muni tax rate bringing it up to $6.94 or an 9.8% increase as a result of Warrant Articles approved in March of 2018. Seven proposed articles are funded from the UFB (Unassigned Fund Balance aka accumulated surplus), which would result in a $540,000 withdrawal. Had the UFB not been used in these articles the impact, including the WWTP bond, would result in a muni tax rate of $7.10 or a 12.3% increase.

Town of Hampton 2018 Warrant is current as of 3/8/2018

 Article 13 - 5 year lease for 2 garbage trucks  (1049 Views)  (1 Comments)

Warrant Article Created By: Selectmen

Results Votes in Favor Votes opposed Total Votes Required To Pass
1306 1275 50%
Rational Taxpayer's recommends voting No
The cost of maintaining the existing 6 year old truck ha been exaggerated. Taxpayer's subsiding daily commercial trash pick up needs to be addressed first.

Shall the Town of Hampton vote to authorize the Board of Selectmen to enter into a 5-year lease-purchase agreement for two (2) Mack Cab Over Trucks with Labrie Automated Side Loader Body units in the amount of $620,000 and to raise and appropriate the sum of $124,000 to fund said lease-purchase agreement in year one; said lease-purchase agreement shall contain a non-appropriation clause. This is a special warrant article per RSA 32:7, VI and shall not lapse until the purchases are completed or by March 31, 2023, whichever is sooner? (Majority vote required)

Recommended by the Board of Selectmen 5-0-0

Recommended by the Municipal Budget Committee 9-0-0

Fiscal Impact Note (Finance Dept.) The estimated 2018 tax impact on $124,000 is $0.037 per $1,000 valuation (three point seven cents per thousand dollars of valuation).


Comments

# Grand Dragon Thursday, March 8, 2018 9:08 AM
Cost analysis that justified the article was incomplete! Director of public works presented about 1.5 years of maintenance costs on these trucks as opposed to the history of the truck costs. We got a snapshot not the total picture so how can one commit to the costs of this article? He probably did not have the cost history hence presented only the latest data! These trucks new are $300,000 each, the statement made is that we are practically paying for a new truck every year with the maintenance costs that are occurring .That argument was just not convincing or believable or made. Present the last 5 years and we can talk!!! Until then ,make do !

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