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May 05. 2014 8:45PM

New London residents to vote on $1.17 million budget

NEW LONDON — Voters at Town Meeting next week will be asked to approve spending items for repair and maintenance of town buildings and properties, and will be asked to approve monies for the Elkins Sidewalk and Streetscape Project.

Town elections will be held at the Whipple Memorial Town Hall in New London on Tuesday, May 13, from 8 a.m. to 7 p.m. Town Meeting will be held on Wednesday, May 14, at 7 p.m. in the Kearsarge Regional Middle School Gymnasium.

Warrant Article 3 asks residents to approve the budget committee’s recommended $1,171,062 operating budget. Selectmen recommended a budget of $1,179,562. The 2014 budget outlay was $1,233,970.

Article 8 asks voters to raise $560,924 for payment of principal interest on the town’s long-term debt. Last year the town approved $313,774 for payments.

Article 9 asks residents to approve the raising of $504,000 to be placed in previously established capital and non-capital reserve funds for the town’s sidewalk project, bridge repair and maintenance, and fire and police department vehicles. Selectmen are recommending $524,000, with $10,000 more in the article for the Highway Equipment Replacement Capital Reserve Fund and $10,000 more for the Sewer Lagoon Cleanup Capital Reserve Fund.

In Article 10, selectmen and the budget committee recommend raising $204,500 for vehicle and equipment purchases. That includes $90,000 for the replacement of a transfer station refuse trailer; $36,000 to replace a police cruiser; and $22,500 to refurbish the fire department’s Engine 2.Article 11 asks residents to approve spending $115,000 for two building maintenance projects — $85,000 for repairs to the highway department building, and $30,000 to repair the Tracy Library’s heating, ventilation, and air conditioning systems.

Article 13 asks voters to spend $670,190 for the construction of the Elkins Sidewalk and Streetscape Project, and to authorize the acceptance of $536,152 from a federal grant for that purpose. It asks to further authorize the withdrawal of $64,000 from the Intersection Improvement Capital Reserve Fund and $70,038 from the Sidewalk Improvement Capital Reserve Fund.

Article 17, submitted by petition, asks voters if they want to adopt a March Town Meeting and elections, to be held annually on the second Tuesday in March.


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