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 21 - $90,000 from Police Forfeiture Special Revenue Fund  (1342 Views)  (1 Comments)

Warrant Article Created By: Selectmen

Results Votes in Favor Votes opposed Total Votes Required To Pass
2144 420 50%
Rational Taxpayer's recommends voting Yes

Shall the Town of Hampton vote to raise and appropriate the sum of $90,000 to carry out all lawful functions allowed under federal, state and local criminal justice forfeiture programs and to authorize the withdrawal of said sum of $90,000 from the Police Forfeiture Special Revenue Fund created for that purpose under Article 55 of the 2003 Town Meeting? (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.) No Tax Impact.


Comments

# Grand Dragon Friday, January 19, 2018 3:23 PM
I understand the no tax impact statement but at least the Police chief or Town manager could have stipulated just what the "lawful functions" are that that referenced in the above warrant. Funds of this nature can be used for many purposes and we would like an example of them. This article and the way it is written leaves me without a specific sentiment. I think I'm going to skip this on the ballot . My way of showing disdain!

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