Minutes
Selectmen’s Work Session
November 15, 2007
3:35 PM Chair Bock opened the meeting.
Members Present: Peter Bock, Mary Bonser and Town Administrator Charles Brown.
Others: Jeanne Samms from NHDES, Marge Carlson and Heidi Seaverns
Ms. Samms gave the Board copies of the unofficial tax rate template. This template showed a lowered rate for 2007 even before our estimated revenues were updated. Ms. Carlson read off the updated revenue figures and Ms. Samms entered the new total to her worksheet. This lowered the projected rate even more. Next the discussion moved to the overlay. Mr. Brown stated he felt that because of the waterfront value update, the overlay should be increased to $70,000 this year. The addition of overlay brought the rate back up to the previous level. Next, Ms. Samms asked if we wished to use some amount from Unreserved Fund Balance to further reduce the rate. Much discussion followed regarding what amount to use if any. Also there was discussion regarding future years and how to best use the fund balance in order to avoid large
fluctuations in the tax rate. It was decided to use $70,000 of the Unreserved Fund Balance in order to offset the increased overlay. Both Board members being in agreement with the stated recommendations, Mr. Bock signed the required DRA form.
The final rate has been calculated at $13.27, with the Town portion of the rate being $2.303. Ms. Samms reminded all present that this rate will not be final until reviewed and approved by her supervisor. This can take from 5-10 days.
The Board thanked Ms. Samms for her effort and her timely response to the Town’s questions and requests through out the year. Ms. Samms left at 4:20 PM.
The Board next discussed a couple of issues regarding the Mulligan Easement. Ms. Bonser had a concern regarding the wording related to the possibility of any future public water supply, and the possible subdivision related to such an operation. Mr. Brown reiterated his discussions with the Town Attorney who feels the wording is OK and actually advantageous to the Town. It was decided to have another disinterested party read the document and interpret the section in question. They will contact Mr. Brown before the closing on Friday if there are any further concerns in this matter.
Having no further business,
5:00 PM Motion: Bonser, second Bock to adjourn.
Vote: 2-0 in favor.
Respectfully Submitted,
Charles A. Brown
Approved as corrected
12/10/2007
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