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 1/13/2018

 Article 49 - $7,000 to support One Sky Community Services  (164 Views)  (1 Comments)

Warrant Article Created By: Citizen Petition

We, the undersigned residents of Hampton, Petition the Town of Hampton to place on the warrant the request to see if the Town will vote to raise and appropriate the amount of $5,100 to support One Sky Community Services in their efforts to provide vital support and services to those individuals with developmental and intellectual disabilities who reside in the Town of Hampton, in the Town’s 2018 budget.

Recommended by the Board of Selectmen 3-0-0

Recommended by the Municipal Budget Committee 8-1-2

Fiscal Impact Note (Finance Dept.) The estimated 2018 tax impact on $5, 100 is $0.002 per $ 1,000 valuation (two tenths of one cent per thousand dollars of valuation).

 

Posted in: Pending, Money

Comments

# Jerry Znoj Sunday, January 21, 2018 4:38 AM
Should be part of article 16 and I support it . It services over 70 Hampton residents who are mentally challenged people who need care, services, transportation and support. A wonderful presentation was made by Chris Mums at the Budget committee public hearing on Jan.11 and Chris fully explained the roles and mission of the organization and what they do .I encourage you to listen to his presentation on line.

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