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

Listing of Warrant Articles categorized in Passed

No    Passed  Article 13 - 5 year lease for 2 Trash trucks  (2058 Views)  (1 Comments)

Yes   Passed  Article 14 - State Highway Block Grant  (1985 Views)  (1 Comments)

No    Passed  Article 18 - $120,000 for Information Tech upgrade  (1657 Views) 

Yes   Passed  Article 33 - petition for the harbor  (1173 Views) 

NP    Passed  Article 34 - keno approval?  (1415 Views)  (1 Comments)

NP    Passed  Article 35 - Veterans’ Tax Credit  (1188 Views) 

NP    Passed  Article 37 - Town Forest Bylaws  (1291 Views) 

NP    Passed  Article 47 - wind power in the Gulf of Maine  (1371 Views)  (1 Comments)