HUB status in Moultonborough

[lakesregionguy]

perhaps at some point there will be a "need" for an indoor 18 hole golf course

[phoenix]

From the minutes of the last selectman's meetings there was a discussion about using excess assessments to reduce the tax rate (had a large increase in assessed values) . Two wanted to leave the excess in additional reserve. The vote was 3-2 to reduce the tax rate. I wonder if the other two wanted to
increase in the reserve account for HUB. I am sure someone who was there might know.

[longislander]

The Nov.3, 2022 discussion on the Unassigned Funds from 2022 was an attempt by two board members to "review and refill" the Capital Reserves accounts. The Capital Improvements Program Committee reviews every year, anyway. $1.9 million is the number that was discussed for this year's surplus.

I wonder if the other two wanted to
increase in the reserve account for HUB.

More than likely.

CR148, the Community Center capital reserve account is the only one draining/drained. The Hub group talked the select board to appropriate $23,000 a while back, from this account, to pay some contractors to find out how much the cost will be for The Hub. The last town annual report shows a balance of a little over $27,000. Almost gone. A citizen at the meeting mentioned (tongue-in-cheek) they might as well use the remaining $4,000 or so to get a study on the annaul cost of maintaining the pool.

The last annual report shows a balance a total of capital reserves of $5.3 million or so with about 29 accounts or so.

Yes ... after a year, use taxpayer money to find out how much it will cost to build The Hub. Presumption is in anticipation of the May town meeting petition for the Hub and bond.

The last select board meeting of 11/17/2022 was supposed to annouce the new tax rate. A NH DRA issue temporarily prevented this from happening but should come out soon. With the 3 out of 5 select board vote to reduce the tax rate rather than take the tax money and fill some capital reserves should bring the the tax from the present 6.98/1000 to 5.xx/1000.

[longislander]

Moultonborough
Just got town eblast. Hope this tax rate is not a typo!

"Tax Collector: The confirmed Tax Rate for 2022 is $4.78. "

Year Total Municipal County Local Ed State Ed
2022 $4.78 $1.25 $0.80 $1.76 $0.97

2021 2022
$6.98 $4.78 Total tax rate

-$2.20$ -31.5%


https://www.moultonboroughnh.gov/sit...ory_-_2022.pdf

[tis]

Originally Posted by lakesregionguy

perhaps at some point there will be a "need" for an indoor 18 hole golf course

No kidding.

[phoenix]

well, it looks official. Good for selectmen Returning money to taxpayers