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 19 - $100,000 for decorative street lighting at Hampton Beach  (1618 Views)  (1 Comments)

Warrant Article Created By: Selectmen

Results Votes in Favor Votes opposed Total Votes Required To Pass
1286 1335 50%
Rational Taxpayer's recommends voting No

Shall the Town of Hampton vote to raise and appropriate the sum of $100,000 for the purpose of installing new decorative street lighting at Hampton Beach on C, D, and F Streets and on Ashworth Avenue, including all engineering, design, procurement, shipping, delivery and installation costs, together with all related appurtenances and activities necessary or desirable to complete the purposes of this article, with the sum of $100,000 to come from the Unassigned Fund Balance. This will be a non-lapsing appropriation per RSA 32:7, VI and shall not lapse until the work is completed or by March 31, 2020, whichever is sooner? (Majority vote required)

NOTE: Decorative lighting was installed in 2009 on A and B Streets as well as part of Ashworth Avenue in accordance with plans in the possession of the Town. The underground conduit already is in place on all of Ashworth Avenue and all of the lettered streets with only wiring and above ground decorative lighting left to be installed. The new lighting that was installed has greatly improved visibility and safety on the streets where lighting was completed; the old commercial street lighting was disconnected and removed and utility billing for the commercial street lighting has been terminated for those streets.

Recommended by the Board of Selectmen 5-0-0

Recommended by the Municipal Budget Committee 6-3-0

Fiscal Impact Note (Finance Dept.) No Tax Impact.


Comments

# Grand Dragon Saturday, January 20, 2018 1:46 PM
This should be a warrant that the Beach precinct contributes to as well as it directly benefits them . They have a budget what is their "unassigned fund balance"? They have very good summer parking lot revenues as well. Lighting is a good thing as it move the beach development in the right direction and it 's a plus for safety and it was wired for it when the beach infrastructure occurred so we should do it but it would help if some cost sharing occurred here.

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