Monday, March 9, 2015

Town Warrant 101 - the Capital Reserve funds.

There are 11 warrant articles addressing capital fund contributions on the ballot this year. If you don't remember having to vote on these in the past, it's because you didn't - the contributions to the capital funds were always included in the operating budget. This year, per the Department of Revenue, we were told that if Newmarket wanted to keep rolling the capital contributions into the operating budget, we would need to change the Town Charter, which is why the charter amendment is on the ballot this year.

In the meantime, we will need to vote on each of these appropriations. They are articles T-5 - T-15 and include appropriations to the Macallen Dam, police vehicle fund, road maintenance fund, storm water management and public works capital reserves. The Town Administrator released a voter's guide explaining each of these funds, which is available on the town website.

You can take a look at these and all the warrant articles below:


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