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Old 12-08-2022, 09:26 AM   #167
longislander
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The $23,000 was requested and granted from capital reserves (CR148), town funds. How much spent? Town activity is subject to Right-To-Know requests, RSA 91-A. Whether done by design or otherwise, the Hub proponents (503- c 3) is probably not under the town umbrella and not subject to RTK. If the town has a copy of the estimate (more than likely) that could be RTK.

Also,

4.78/1000 + .36/1000 + .06/1000 X town assessed property value = added cost to munipal tax rate
4.78 + .36 + .06 = new rate
4.48 + .36 + .06 = 5.2 (all /$1000)

new rate X town valuation = new tax commitment

$5.2/$1000 X $4,892,023,118 = $25,438,520

new tax commitment less old commitment = difference for Hub
$25,438,520 less $23,355,110 = $2,083410

Added $2+ million for the build and annual operating cost cost!!!???

Let's say it is a 10 year bond or something ... can this be anywhere right???
Like, a $20 million 10 year bond at ?% interest???

My logic, if not my math, is probably faulty.

Oh well ... someone will probably ask for a cost number at the Dec15th meeting.


https://www.revenue.nh.gov/mun-prop/...-tax-rates.pdf
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