Springfield To Purchase New Truck
Springfield, n.h. — Voters overwhelmingly approved the purchase of a new truck for the highway department at Town Meeting on Saturday.
The $151,000 warrant article for the truck was the single largest spending article of the day other than the budget, although the town anticipates $52,000 of the cost to be offset by unreserved funds and plans to borrow $99,000 more.
The article passed, 54-2.
The fifth and final article of the 90-minute meeting, for a $1.2 million municipal budget, passed unanimously by voice vote.
All other spending articles, for a total of $103,440 to be put toward a revaluation of the town, exterior work at the Town Hall and a deposit in the Old Home Day Expendable Trust Fund, also passed unanimously.
All of those articles will use money taken from unreserved funds, and therefore not affect the tax rate.
Selectman Leigh Callaway has said that the board hopes to apply an additional $50,000 from the unreserved fund balance to the budget, just as it did last year.
That movement of funds last year made the town’s tax rate $4 per $1,000 of valuation, or $1,000 on a house assessed at $250,000.
If the $50,000 is not applied, the tax rate will jump to $4.25 per $1,000 valuation, meaning an additional $63 on a $250,000 home.
Callaway has said that residents will be told their tax rate in September.
During Australian Ballot voting on Tuesday, six-year incumbent Don Hill, the Selectboard chairman, kept his seat by easily defeating William Huntoon and John Trachy.
Jon Wolper can be reached at email@example.com or 603-727-3242.