Town, Article 7: Establish and Fund Municipal Separate Storm Sewer System (MS4) Expendable Trust Fund

After the final Public Hearing and input from the public the Town Council voted 5 – 0 to support Article 7 and move it to the Deliberative Session on 2/10/2024

Article 7: [Establish and Fund Municipal Separate Storm Sewer System (MS4) Expendable Trust Fund]

To see if the town will vote to establish a Municipal Separate Storm Sewer System (“MS4”) Expendable Trust Fund per RSA 31: 19-a, to assist in funding the Town’s obligations, as mandated by the Clean Water Act and other laws and/or regulations to develop and maintain a comprehensive stormwater management program and to raise and appropriate ONE HUNDRED THOUSAND DOLLARS $100,000 to be put into the fund; further to name the Town Council as agents to expend from said fund (Majority vote required)

(If passed, this article will require the town to raise $100,000 in property taxes, resulting in a tax rate impact of $0.016 in FY 25 based upon projected assessed values.)

The Town Council by a vote of 5-0 recommends a YES vote; the Budget Committee by a vote of 7-0 recommends a YES vote.