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Francestown budget up 1.23 percent

  • Francestown sign Ledger-Transcript file photo—



Monadnock Ledger-Transcript
Monday, March 11, 2019 2:27PM

Francestown’s operating budget is proposed to increase 1.23 percent or 21,852 over last year’s approved figure.

This year’s $1,803,412 operating budget is designed to maintain the current level of services provided by the town, according to information provided by Town Administrator Jamie Pike. 

Many articles appearing on the ballot this year aim to raise money for multiple projects or funds. 

Article three will fund eight capital reserve funds if passed: $7,500 for fire equipment, $40,000 for fire trucks, $100,000 for highway equipment, $15,000 for police vehicles, $20,000 for real estate, $50,000 for town facilities improvements, $5,600 for cemetery improvements, and $170,000 for town road improvements. 

The warrant article authorized the withdrawal of $5,600 from the town’s unassigned fund balance while the remaining $402,500 will be raised via taxation. 

A total of $10,600 will be taken from the unassigned fund balance to put $5,000 in the legal and public assistance trust fund and $5,600 for the general cemetery maintenance trust fund if article five passes. 

Article six asks voters to raise $5,000 for engineering for the police department parking lot and $7,000 for library brick repointing.

If passed, the article will take $2,500 from the unassigned fund balance and $9,500 from the future town facilities capital reserve fund. 

Article 12 asks the town to pull $170,000 from the future town road improvements capital reserve fund to perform engineering, preconstruction, and reconstruction activities for a portion of Bible Hill Road.

A petition article asks the town to adopt provisions that would allow selectmen to provide community revitalization tax incentives under the provisions of RSA 79-E.

The following articles will also be on the ballot: 

■to discontinue the future library building capital reserve fund

■to take $73,200 from the town’s revaluation of real estate capital reserve fund to conduct a town-wide full measure and list property revaluation

■to take $40,000 from the future replacement and purchase of highway equipment capital reserve fund to purchase and outfit a replacement sidewalk tractor

■to take $5,000 from the recreation trust fund and $5,000 from the future town facilities capital reserve fund to construct a new equipment storage shed at the baseball field

■to take $25,000 from the future replacement of fire equipment capital reserve fund and to accept a $20,000 donation from the Mt. Crotched Firefighters’ Association to purchase a self-contained breathing apparatus (SCBA) and components

■to take $50,000 from the future town facilities capital reserve fund to repair or replace elements of the library’s HVAC system.

Nicholas Handy can be reached at 924-7172 ext. 235 or nhandy@ledgertranscript.com.